UK Luggage Market By Material Overview
Luggage is also called as baggage that’s includes bags, cases, and containers which holds travelers stuff, things and articles. Currently the luggage is get change from most common types of luggage where they are made of metals and wood or some other heavy material to smaller and more lightweight luggage and bags those can easily carry by individual have become the main form of luggage. Growing Rise in travel and tourism, growth in online tourism are mounting demand for luggage products. additionally, the developing technology has improved qualities of various luggage products. Such factors are providing growth to luggage market.
The luggage market is continuing to be one of the rapidly growing in personal accessories in the UK, as changing lifestyles. Also the factors such as Growing urbanization, snowballing customer inclination towards high-end luggage, new technology in luggage such as luggage equipped with Global Positioning System (GPS) tracker, USB port to recharging battery of cell phones, and the Bluetooth-enabled lock are few factors propelling the demand for luggage. Additionally, innovation in safety standards which allows customers to trace and make their luggage secure while travelling. High competition from local manufacturer and high cost for luxurious product is restraining the market growth. Moreover, the research and development such as taker in bag with USB charging port for device charging are propelling the growth of UK luggage market.
The UK luggage market is segmented based on material type, product type, and distribution channel.
Based on basis of material type the market is segmented in to Soft, Hard, and Hybrid. Hybrid material segment is expected to capture large market share due its durability and attractive material. By Product Type the market is classified into Casual Bag, Travel Bag, and Business Bag and others. Travel bag are expected provide strong growth to the market, due to changing lifestyle among the working-class pros along with the extensive brand campaigns is expected boost the market in estimated time period. By distribution channel the market is classified in to super market, hyper market, online market, and specialty stores. The Hypermarkets and supermarkets are expected are expected to provide strong growth to the market, besides specialty stores, which bring a wide array of luggage from a number of brands. Availability of a wide range of brands and the suitability to look and feel luggage before buying is key factors dries the segment growth luggage market.
Key players operating in the UK luggage market includes Delsey S.A., MCM Worldwide, Nike Inc., Samsonite International S.A, Tumi Holdings, Inc., Hermes International Sca, Antler Ltd., LVMH Mot Hennessy Louis Vuitton S.E., Eastpak Corp., and Rimova Gmbh. The major key players are focuseing on increasing the local market presence through opening the showrooms in big market place. For instance, on March 14th, 2019 MCM Worldwide, the brand in luxury travel and accessories, open its first global flagship retail location in Los Angeles.
Detailed Segmentation:
UK luggage Marker, By Material Type:
- Soft
- Hard
- Hybrid
UK luggage Marker, By Product Type:
- Casual Bag
- Travel Bag
- Business bag
- Others (Sports Luggage, Trek Luggage Bags)
UK luggage Marker, By Distribution Channel:
- Super Market
- Hyper Market
- Online Market
- Specialty Stores
Company Profile:
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- Delsey S.A.*
- Company Overview
- Delsey S.A.*
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- Product Portfolio
- Key Highlights
- Financial Performance
- MCM Worldwide
- Nike Inc.
- Samsonite International S.A
- Tumi Holdings, Inc.
- Hermes International Sca
- Antler Ltd.
- LVMH Mot Hennessy Louis Vuitton S.E.
- Eastpak Corp.
- Rimova Gmbh
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“*” marked represents similar segmentation in other categories in the respective section
FAQs
The research report on the UK Luggage Market provides a comprehensive analysis of the market's scope, covering key aspects such as product types, market trends, and factors influencing the luggage market in the United Kingdom.
Various factors, including the increasing travel and tourism activities, rising disposable income, and changing consumer preferences for stylish and functional luggage, are driving the growth of the UK Luggage Market.
The UK Luggage Market faces challenges such as fluctuations in raw material prices, the impact of economic uncertainties on consumer spending, and competition from alternative travel accessories, which act as restraints on its global expansion.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The UK is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the UK Luggage Market.
Key players operating in the UK luggage market includes Delsey S.A., MCM Worldwide, Nike Inc., Samsonite International S.A, Tumi Holdings, Inc., Hermes International Sca, Antler Ltd., LVMH Mot Hennessy Louis Vuitton S.E., Eastpak Corp., and Rimova Gmbh.