What is Women Belt Market?
A fashionable eye-catcher that exudes a luxury crown outfit with this striking belt decorated with a buckle made of polished metal. The women belt is a strip of flexible material worn especially around the waist as an item of clothing or a means of carrying something, has a gently tapered end making it is easy to thread it through loops. Whether jeans, skirt, or trousers: this elegant accessory rounds off any look. Women's belts are used to transform a party outfit, while minimalist graphic styles will punctuate an everyday look. Classic black and tan belts are updated with vintage-look buckles for a thrift-style twist, every style from satin wraps and ties to wide leather belts being used to redefine silhouettes. Increasing demand from the working and corporated women is a key driving factor of the growth.
The market study is being classified by Type (Pig Skin, Sheep Skin, Leather and Others), by Application (Business, Leisure, Formal and Casual) and major geographies with country level break-up.
Baggit (India), Max(United States), Bebe (United States), Zink (Canada), Amante Group (Australia), Calvin Klein (United States), Balenciaga (France), Gucci (Italy), Bottega Veneta (France) and Valentino (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are J.D. Leather Goods (China), Gotham (United States), Heritage Leathergoods (United Kingdom) and Tommy Hilfiger (Netherlands).
The globalWomen Belt market is fragmented by numerous key players who have the bargaining power high in this market as there are many regional manufacturers. The intensity of rivalry appears to be high in this market as competitors are numerous and the products are undifferentiated. Major companies in this market are constantly working towards introducing innovative products and lowering production costs in order to enhance profitability. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Women Belt market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Women Belt market by Type, Application and Region.
On the basis of geography, the market of Women Belt has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The disposability and affordability of value watch brands make them a popular fashion choice among consumers
- The demand for women belt is stronger among young consumers
Market Trend
- Increasing online sales channel
Restraints
- Fluctuation in Price of Raw Material
Opportunities
- The increasing number of the working population
Challenges
- Availability of Counterfeit products
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Women Belt Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry