Quick: Check your closet. How many handbags do you own? Well, if you're a woman between 18 and 45, a new report says you own an average of 13 bags from seven different brands. Sound accurate?
Forbes recently reported on the new study from market research company NPD Group, which revealed a lot of interesting tidbits about handbags. For instance, it showed that sales of the staple accessory grew 5% last year to $11.6 billion. (The growth is especially notable, considering that the clothing category remained stagnant, according to NPD.)
So what explains that growth? Forbes reports that women "are both spending more per bag and buying more bags overall." Our increased need for laptop and smartphone storage may be a factor. "More casual wardrobes and flexible work situations have made handbags surrogates for home closets or office desk drawers," Forbes explains.
Scroll down to shop our favorite handbag picks!
We love the geometric feel of this square leather bag.
We found the perfect tote for your next beach day.
This grown-up tote will easily take you from work to the weekend.
How can you beat this amazing $30 price tag? You'll probably want to stock up in multiple colors.
What do you think about this study? Tell us in the comments below!
Opening Image: Style du Monde