Business Idea: Start A Wallet Brand in 2024
The wallet's market share is increasing at a CAGR of 8.87%, reaching $8.78 billion in a few years. As the demand for wallets keeps rising, starting your wallet brand creates a chance to earn a profit in the future.
To start your wallet brand, begin with complete market research focusing on identifying the gaps. Then, study the competition and come up with a unique wallet design that suits the lifestyle of your target customers.
Revenue & Profitability
How much do wallet brands make?
Examples Of Successful Wallet Brands
Successful wallet brand businesses and case studies
A successful handcrafted leather goods business that started with just $1000, has grown to $600k annual sales, thanks to a strong brand philosophy, a focus on specific niche terms for SEO, personalized customer experiences, and a team that is trusted to achieve goals autonomously.
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/004/326/thumbnail/Beau_Headshot_2019_square.jpg?1688792154)
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/016/876/thumbnail/slava_ceo.jpg?1688799590)
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/018/190/thumbnail/IMG_2191.jpg?1688802251)
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/014/765/thumbnail/Alex_Headshot.jpg?1688789844)
Everyman, an everyday carry eCommerce company, has been generating around $60,000 per month in revenue after completing a brand and website revamp last year, with an average of 35% returning customers who spend $50 or more on the site.
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/016/679/thumbnail/kyle_headshot1.jpg?1688798783)
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/019/045/thumbnail/Tomas_Milar_Headshot.jpg?1688803536)
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/016/669/thumbnail/BAMcedarburg.jpg?1688798742)
![](http://d1coqmn8qm80r4.cloudfront.net/users/avatars/000/016/413/thumbnail/Deepak-Director_CEO-Auric.jpg?1688797104)
See full list of successful wallet brands.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.