NEW YORK, June 18, 2021 /PRNewswire/ --
The global wallets market value is expected to decline by
USD 1.19 billion during 2020-2024.
The report offers an up-to-date analysis regarding the current
market scenario, the latest trends and drivers, and the overall
market environment.
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report here: www.technavio.com/talk-to-us?report=IRTNTR40795
Wallets Market 2020-2024: Scope
This study identifies the rising popularity of eco-friendly
wallets as one of the prime reasons driving the wallets
market growth during the next few years. The report presents a
detailed picture of the market by the way of study, synthesis, and
summation of data from multiple sources. The wallets
market report covers the following areas:
- Wallets Market Size
- Wallets Market Trends
- Wallets Market Industry Analysis
Frequently Asked Questions:
- Based on segmentation by product, which is the leading
segment in the market?
Based on the product, the market generated maximum revenue in the
conventional wallets segment in 2019.
- What are the major trends in the market?
The rising popularity of eco-friendly wallets is the major
trend in the market.
- At what rate is the market projected to grow?
The market is projected to grow at a CAGR of (2)% during the
forecast period.
- Who are the top players in the market?
Bellroy Pty Ltd., Burberry Group Plc, Fossil Group Inc., Hermès
International, Hidesign, Kering SA, LVMH Moët Hennessy -
Louis Vuitton, Mulberry Co. Ltd.,
Ralph Lauren Corp., and Tapestry Inc. are the top vendors in the
market.
- What are the key market drivers and challenges?
The market is driven by the wide availability of wallets
online. However, the threat of counterfeit products might
hinder growth.
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The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. Although the wide
availability of wallets online will offer immense growth
opportunities, the threat of counterfeit products is likely to
pose a challenge for the market vendors.
In a bid to help players strengthen their market foothold, this
wallets market forecast report provides a detailed analysis of
the leading market vendors. The report also provides industry
honchos with information on the competitive landscape and insights
into the different product offerings offered by various companies
including Bellroy Pty Ltd., Burberry Group Plc, Fossil Group
Inc., Hermés International, Hidesign, Kering SA, and
others.
Technavio's custom research reports offer detailed
insights on the impact of COVID-19 at an industry level, a regional
level, and subsequent supply chain operations. This customized
report will also help clients keep up with new product launches in
direct & indirect COVID-19 related markets, upcoming vaccines
and pipeline analysis, and significant developments in vendor
operations and government regulations.
Wallets Market 2020-2024: Segmentation
Wallets Market is segmented as below:
- Product
-
- Conventional Wallets
- Smart-connected Wallets
- Geography
-
- APAC
- Europe
- MEA
- North America
- South America
Request a sample report to know factors impact
the market growth across various segments:
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Wallets Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist wallets
market growth during the next five years
- Estimation of the wallets market size and its contribution
to the parent market
- Predictions on upcoming trends and changes in consumer
behavior
- The growth of the wallets market across APAC, Europe, MEA, North
America, and South
America
- Analysis of the market's competitive landscape and detailed
information on vendors
- Comprehensive details of factors that will challenge the growth
of wallets market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market Outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Conventional wallets - Market size and forecast 2019-2024
- Smart-connected wallets - Market size and forecast
2019-2024
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size
and forecast 2019-2024
- Europe - Market size and
forecast 2019-2024
- South America - Market size
and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Growing preference for customized wallets
- Market consolidation
- Rising popularity of eco-friendly wallets
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bellroy Pty Ltd.
- Burberry Group Plc
- Fossil Group Inc.
- Hermès International
- Hidesign
- Kering SA
- LVMH Moët Hennessy - Louis
Vuitton
- Mulberry Co. Ltd.
- Ralph Lauren Corp.
- Tapestry Inc.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
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Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Report:
www.technavio.com/report/wallets-market-industry-analysis
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