“Rising Demand for Sustainable and Customizable Handbags”
- A major trend shaping the leather handbags market is the increasing demand for eco-friendly materials, ethical sourcing, and customizable designs, especially among millennial and Gen Z consumers
- Brands are shifting toward vegan leather, plant-based dyes, and carbon-neutral production, responding to the growing sustainability concerns and ethical fashion movement
- For example, in February 2024, Stella McCartney launched a new collection made from MIRUM, a plastic-free, plant-based leather alternative, promoting zero-waste luxury fashion
- Personalization options, such as monogramming and modular add-ons, are also gaining popularity, allowing customers to express individuality
- This trend is driving innovation in materials and design, enhancing brand loyalty, and opening new premium market opportunities across developed and emerging regions
