Top Handbag Brands: Elevate Your Style Game

Handbags are more than just functional accessories; they are a statement of style and sophistication. The market is brimming with brands that offer everything from luxurious high-end designs to practical everyday options, ensuring there's something for every fashion enthusiast. Renowned labels such as Gucci, Louis Vuitton, and Chanel frequently top the list for their exquisite craftsmanship and timeless designs. For a deeper dive into the best handbag brands and what makes them stand out, explore the details below.

Illustration of handbags

Best brands of handbags in 2025

Chanel

Chanel stands as a pinnacle in the luxury handbag market, with revenues surging to $19.7 billion in 2023, a 16% increase excluding currency shifts, driven by strong demand for its quilted leather handbags and other categories. The brand's global presence is marked by 311 boutiques across regions, with Asia Pacific generating $8.65 billion in revenue in 2022, and Europe contributing $4.72 billion. Chanel's handbags, such as the iconic 2.55 quilted handbag, have seen significant price hikes, yet demand remains robust, reflecting their enduring quality and appeal. The brand's market dominance is further underscored by its strong resale market, where vintage bags can sell for substantially more than their original retail price. Chanel's commitment to quality and innovation continues to drive its success in the luxury handbag sector. For more information, visit their official website.

Louis Vuitton

Louis Vuitton is a paramount leader in the luxury handbag market, holding a significant 22% market share globally as of 2022. Founded in 1854, the brand is renowned for its iconic designs, high-quality materials, and meticulous craftsmanship. In 2019, Louis Vuitton generated approximately EUR22.2 billion in revenue from its Fashion & Leather Goods segment, and its market capitalization stands at $306.18 billion. The brand's success is further underscored by its strong presence in China and other Asian markets, as well as its influence on social media platforms like Pinterest and Instagram. Louis Vuitton's revenue has consistently grown, reaching $75.9 billion in 2021, up from $51 billion in 2020. For more insights into Louis Vuitton's market share, visit their blog.

Hermès

Hermes is renowned as one of the premier luxury handbag producers, with its iconic Birkin and Kelly models commanding high demand and significant resale value, often yielding a 26.7 percent premium on their original retail price. In 2021, the company generated EUR8.9 billion in sales, with over 45 percent of its revenue coming from leather goods and saddlery products. Hermes saw a 42% increase in consolidated revenue in 2021 compared to 2020, and its third-quarter sales in 2024 rose by 11.3% at constant exchange rates. The brand's strong performance has driven its market value past EUR200 billion, making it the eighth-most valuable name in the pan-European Stoxx 600 index. Hermes continues to outshine rivals, with its shares rising nearly 9 percent since the start of 2024. To learn more about how Hermes surfs the luxury boom to a EUR200 billion market value, click here.

Gucci

Gucci is one of the leading luxury brands in the handbag market, with a significant portion of its revenue attributed to leather goods such as handbags and wallets. In 2022, Gucci generated approximately $11.46 billion in revenue, with more than half of its earnings coming from leather goods. The brand holds a strong retail presence, particularly in the Asia-Pacific region, where 36% of its revenue is derived. Gucci's brand value increased to $18.11 billion in 2022, solidifying its position as the fourth most valuable luxury brand globally. Its success is also reflected in its e-commerce growth, with e-commerce revenue reaching $1.63 billion in 2022. For more insights, explore Gucci's revenue and market performance.

Prada

Prada is a leading luxury fashion house renowned for its high-quality handbags, with a significant presence in the global handbag market. As of 2023, Prada operated 631 owned and franchised stores worldwide and employed 14,876 people globally. The brand's largest source of revenue comes from the sale of leather goods, including purses and belts, with the Asia-Pacific and Europe regions driving most of its net sales. Prada's brand value is further enhanced by its influential subsidiary, Miu Miu, which saw a 50% increase in sales from 2022 to 2023. Prada's media impact value during Milan Fashion Week 2024 was substantial, reflecting its strong influence in the luxury fashion industry. For more detailed insights, visit Prada's comprehensive profile on Statista.

Saint Laurent

Saint Laurent has solidified its position as a leading producer of handbags, with leather goods accounting for 71% of its total sales and 40% of its product range, as reported in 2020. The brand's strategy, led by CEO Francesca Bellettini and creative director Anthony Vaccarello since 2016, focuses on mid-range pricing to appeal to younger generations, such as Gen Z and Millennials. This approach has driven significant growth, with sales increasing to EUR2.52 billion by 2022, and bags making up 72% of sales. The brand's popular models, like the Niki flap tote and Lou crossbody, have been key drivers of this success. Saint Laurent's retail revenues have also grown by 35% above pre-pandemic levels, highlighting the brand's strong market performance. For more insights on how Saint Laurent targets young clientele with accessibly priced handbags, you can explore the detailed report.

Fendi

Fendi is a paramount luxury brand in the handbag market, recognized globally for its exquisite designs and high-quality products. It ranks as the third most searched-for luxury brand, following Gucci and Louis Vuitton, and has seen a significant increase in popularity, such as a 250% rise in searches for its iconic Baguette bag on Lyst. Fendi's collaborations with celebrities and influencers have enhanced its visibility, solidifying its position as a top luxury brand. The brand's strong presence is further underscored by its dominance in the global handbag market, which is expected to grow at a CAGR of 5.8% from 2024 to 2031. Fendi's market influence is particularly strong in regions like North America, where the handbag market is valued at over USD 49 billion as of 2022. For more detailed insights into Fendi's market strategy and competitive analysis, visit their competitive analysis blog.

Dior

Dior, a French multinational luxury goods company, is a leading producer of high-end handbags, with a significant impact on the global luxury handbag market. The brand's revenue has seen substantial growth, reaching EUR79.2 billion in 2022, with 35% of its revenue coming from Asia (excluding Japan) and 26% from the United States. Dior's handbags, such as the Saddle Bag, have been revitalized through social media and influencer culture, contributing to the brand's dominance in the luxury market. The company's market capitalization is notable, standing at $151.88 billion in 2023, and it operates 390 stores in 51 countries globally. Dior's luxury handbags are part of a broader market expected to grow at a CAGR of 5.8% from 2024 to 2031. Learn more about their luxury handbags.

Bottega Veneta

Bottega Veneta is a renowned luxury fashion brand, particularly esteemed for its high-quality handbags. In 2023, the online revenue of bottegaveneta.com amounted to US$89.3 million, with a significant portion generated from the Bags & Accessories category. The brand's eCommerce net sales are primarily driven by markets in the United States, Japan, and the United Kingdom. Bottega Veneta's handbags are part of a larger handbag market that was valued at USD 78.28 billion in 2023 and is projected to grow at a CAGR of 6.10% from 2024 to 2032. The brand's focus on luxury and quality aligns with the market trend where leather handbags hold more than 50% of the global revenue share.

Balenciaga

Balenciaga has emerged as a leading producer of handbags, showcasing impressive financial growth with sales surpassing EUR1.189 billion in 2021, a 44% increase from 2020. The brand's net income in 2021 reached a record EUR222 million, driven by its creative direction and successful collaborations, such as the Hacker Project with Gucci. Balenciaga's expansion into international markets and reduction in multi-brand retailers have further accelerated its growth. The brand's popularity is particularly evident in Asia, where it has risen in power according to market analysis by Lyst. With annual sales reportedly exceeding EUR1.5 billion, Balenciaga continues to be a significant player in the luxury handbag market. For more details on Balenciaga's financial achievements, visit the full report by CPP Luxury.