Project Report For
The project report for Handbag & purse is as follows.
The rapidly growing middle class, combined with a rise in the working women’s population , increased media exposure and availability to global fashions, has started new a range of possibilities for companies with women’s specific products.
Handbag is one those very outcome that is nearly inseparable from the attitude of a female all over regions of Indian culture.
Expansion in ladies ‘handbags is motivated by city collectives all over India’s Tier 1, Tier 2 and Tier 3 cities that are experiencing shifting business market and helping to bring brands to customers’ door steps.
One cannot overlook the obviously expanding importance of e-commerce, that enable users to achieve out more widely and around the nation.
The approximate market opportunities for women’s handbags focused on a consumer survey done along all urban conglomerates are ~Rs 36 billion, with 8 Tier 1 cities with such a market size of ~Rs 18 billion, accompanied by Tier 2 cities (41 cities) and Tier 3 cities (41 cities) with ~Rs 15 billion and ~Rs 3 billion , respectively.
Market potential & Strategy
The business has indeed analysed the surface level data on the sale of handbags and has linked up to a few retail outlets. Their Handbags rates are set on the basis of market demands and have now been explained at ground level with retail outlets.
Many other state retailers are heading to Delhi or Mumbai to purchase their designer bags. They will deliver pretty good quality Leather Handbags to retail outlets at the cheapest rates. They ‘re trying to deliver it to their shops, too.
Development in women’s handbags is motivated by urban collectives all over India’s Tier 1, Tier 2 and Tier 3 cities that are experiencing shifting retail sector and helping to bring products to buyers’ door – step.
One could not reject the obviously expanding importance of e-commerce, which encourages clients to reach out more widely across the nation.
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