| Product Code: ETC5152993 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s handbag import market saw significant growth in 2024, with top exporters like China, Panama, and the USA leading the way. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 18.18% from 2020 to 2024 indicates a strong upward trend in demand. Moreover, the growth rate spiked to 23.68% in 2024, showcasing the sector`s rapid expansion. With diverse sources of supply and robust growth rates, the Guyana handbag import market presents promising opportunities for industry players.

By 2027, Guyana's Handbag market is forecasted to achieve a exponential growth rate of 54.27%, with Brazil leading the Latin America region, followed by Mexico, Argentina, Colombia and Chile.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Handbag Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Handbag Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Handbag Market - Industry Life Cycle |
3.4 Guyana Handbag Market - Porter's Five Forces |
3.5 Guyana Handbag Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guyana Handbag Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Guyana Handbag Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Guyana leading to higher purchasing power for luxury goods like handbags |
4.2.2 Growing fashion consciousness among consumers in Guyana, driving demand for trendy and stylish handbags |
4.2.3 Rise in tourism in Guyana, creating a demand for locally-made handbags as souvenirs and gifts |
4.3 Market Restraints |
4.3.1 Competition from international handbag brands impacting the market share of local Guyanese handbag manufacturers |
4.3.2 Fluctuations in raw material prices affecting production costs and pricing of handbags |
4.3.3 Limited distribution channels and reach of Guyanese handbag brands compared to larger international brands |
5 Guyana Handbag Market Trends |
6 Guyana Handbag Market Segmentations |
6.1 Guyana Handbag Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Handbag Market Revenues & Volume, By Satchel, 2021-2031F |
6.1.3 Guyana Handbag Market Revenues & Volume, By Bucket Bag, 2021-2031F |
6.1.4 Guyana Handbag Market Revenues & Volume, By Clutch, 2021-2031F |
6.1.5 Guyana Handbag Market Revenues & Volume, By Tote Bag, 2021-2031F |
6.1.6 Guyana Handbag Market Revenues & Volume, By Other Product Types, 2021-2031F |
6.2 Guyana Handbag Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Guyana Handbag Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.3 Guyana Handbag Market Revenues & Volume, By Offline Retail Stores, 2021-2031F |
7 Guyana Handbag Market Import-Export Trade Statistics |
7.1 Guyana Handbag Market Export to Major Countries |
7.2 Guyana Handbag Market Imports from Major Countries |
8 Guyana Handbag Market Key Performance Indicators |
8.1 Number of tourists visiting Guyana purchasing locally-made handbags |
8.2 Percentage of consumers in Guyana willing to pay a premium for locally-produced handbags |
8.3 Growth in social media engagement and online presence of Guyanese handbag brands |
8.4 Percentage increase in sales through collaborations with local fashion designers |
8.5 Number of new designs launched annually by Guyanese handbag manufacturers |
9 Guyana Handbag Market - Opportunity Assessment |
9.1 Guyana Handbag Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guyana Handbag Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Guyana Handbag Market - Competitive Landscape |
10.1 Guyana Handbag Market Revenue Share, By Companies, 2024 |
10.2 Guyana Handbag Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |