Global Luggage Market By Material Overview
Luggage is a suitcase or bag which is used to pack personal belongings while travelling. Luggage is increasingly becoming a fashion accessory with new designs, trendy color combinations, textures and clean contoured lines. The major factor driving growth of the global luggage market are increasing urbanization, increasing in disposable income, and substantial growth of travel and tourism sector. In addition, increasing frequency of travelers is further surging the growth of the target market.
Growing demand of high quality luggage products which are dustproof, fireproof, crack proof, and durability is boosting growth of the target market. Customers growing inclination towards high-end luggage such as bags integrated with GPS (Global Positioning System) trackers, Bluetooth-equipped locks, USB ports for charging cell phones are some other factors expected to propel the growth of the target market. These features in travelling bags enable the customers to track and secure their luggage during travel. However, presence of counterfeit products in the market is hampering the growth of the target market. Moreover, counterfeit products are of low quality but cost effective, so a large number of customer base prefer to purchase these products, which is a major challenge for growth of the global luggage market. Majority of unorganized luggage market players in various emerging countries are becoming another challenge faced by the organized luggage market thus limiting growth of the global luggage market.
The global luggage market is segmented on the basis of material type, product type, distribution channel, and region. Based on material type, the target market type is categorized into soft, hard, and hybrid. On the basis of product type, the target market is classified into casual bag, travel bag, business bag and others. The travel bag product type segment is expected to dominate the target market over the forecast period, owing to increasing demand for leisure and recreational holidays. On the basis of distribution channel the global luggage market can be bifurcated into super market, hyper market, online market, and specialty stores. The online market distribution channel segment is expected to witness fastest growth due to increasing penetration of e-commerce.
On the basis of region, the global luggage market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the global luggage market over the forecast period due to increasing business travel and recreational travelling. North America is projected to witness a significant growth in the near future, owing to rising demand for smart travelling bags, sport bags, and light-weight bags.
Key players operating in the global luggage market are ACE Luggage Co. Ltd., Adidas AG, Delsey S.A., Etienne Aigner AG, LVMH Mot Hennessy Louis Vuitton S.E., MCM Worldwide, Nike Inc., Samsonite International S.A, Osprey Packs Inc.
Global Luggage Market By Material Table of Contents
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- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- PORTER’s
- Investment Outlook
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Luggage Strategies
- Key Questions this Study will Answer
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By Material Type (Soft, Hard, and Hybrid)
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By Product Type (Casual Bag, Travel Bag, Business Bag, and Other)
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By Distribution Channel (Super Market, Hyper Market, Online Market, and Specialty Stores)
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By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
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- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Regional Analysis
- Regional Revenue Analysis
- Regional By segment Analysis
- Reasons for regional growth
- Key Player of particular region
- Countries Include in the report:
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- North America (U.S., Canada)
- Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
- Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Competitive Overview
- Competitive Benchmarking
- Market Share Analysis
- Key Developments In The Global Luggage Market
- Key Developments: Mergers & Acquisitions
- Key Developments: Collaboration
- Key Developments: Contracts & Agreements
- Key Developments: Expansion
- Key Developments: Product Developments
- Company Profiles
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SWOT Analysis
- Key players operating in the global luggage market are ACE Luggage Co. Ltd., Adidas AG, Delsey S.A., Etienne Aigner AG, LVMH Mot Hennessy Louis Vuitton S.E., MCM Worldwide, Nike Inc., Samsonite International S.A, Osprey Packs Inc.
- The Last Word
- Future Impact
- About Us
- Contact
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