Japan: retail value of the bags and purses market 2024

The bags and purses retail market in Japan was forecast to reach around 1.5 trillion Japanese yen in fiscal year 2024. Over the last decade, the market recorded a continuous growth until fiscal year 2019, before declining due to the coronavirus pandemic.

Retail value of the domestic bags and purses market in Japan from fiscal year 2014 to 2023 with a forecast for 2024 (in trillion Japanese yen)

Characteristic	Retail value in trillion Japanese yen
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Release date

March 2024

More information

Region

Japan

Survey time period

fiscal years 2014 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Special properties

market size is calculated based on the retail price

Supplementary notes

*Outlook.
**Forecast.

Research targets were manufacturers, wholesalers, and retailers in the industry of bags, purses and belts, companies in the peripheral industries (manufacturers, wholesalers and suppliers of leather/artificial leather, fabrics/textiles and etc.), importers and exporters.

Figures prior to fiscal year 2016 come from previous reports.
100 Japanese yen equal 0.67 U.S. dollars or 0.61 euros as of March 2024.
Values have been rounded.

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