Luggage & Travel Bags Market Research Report by Type (Carry-Ons, Garment Bags, Kids’ Luggage, Luggage Sets, and Suitcases), by Product (Business Bags, Casual Bags, and Travel Bags), by Distribution Channel - Global Forecast to 2025 - Cumulative Impact of COVID-19
The Global Luggage & Travel Bags Market is expected to grow from USD 22,820.41 Million in 2019 to USD 31,547.10 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 5.54%.
Market Segmentation & Coverage: This research report categorizes the Luggage & Travel Bags to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Type, the Luggage & Travel Bags Market studied across Carry-Ons, Garment Bags, Kids’ Luggage, Luggage Sets, and Suitcases.
Based on Product, the Luggage & Travel Bags Market studied across Business Bags, Casual Bags, and Travel Bags.
Based on Distribution Channel, the Luggage & Travel Bags Market studied across Factory Outlets, Internet Sales, and Specialist Retailers.
Based on Geography, the Luggage & Travel Bags Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Company Usability Profiles: The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Luggage & Travel Bags Market including IT Luggage, MCM Worldwide, Rimowa, Tumi, and VIP Industries.
FPNV Positioning Matrix: The FPNV Positioning Matrix evaluates and categorizes the vendors in the Luggage & Travel Bags Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Competitive Strategic Window: The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
Cumulative Impact of COVID-19: COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
The report provides insights on the following pointers: 1. Market Penetration: Provides comprehensive information on the market offered by the key players 2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets 3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments 4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players 5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments
The report answers questions such as: 1. What is the market size and forecast of the Global Luggage & Travel Bags Market? 2. What are the inhibiting factors and impact of COVID-19 shaping the Global Luggage & Travel Bags Market during the forecast period? 3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Luggage & Travel Bags Market? 4. What is the competitive strategic window for opportunities in the Global Luggage & Travel Bags Market? 5. What are the technology trends and regulatory frameworks in the Global Luggage & Travel Bags Market? 6. What are the modes and strategic moves considered suitable for entering the Global Luggage & Travel Bags Market?
Our reports have been used by over 10K customers, including:
Travel Bag Market Research Report by Luggage Type (Backpacks, Duffle, and Trolley), by Material Type (Hard Side and Soft Side), by Price Range, by Distribution - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Travel Bag Market is expected to grow from USD 35,359.02 Million in 2019 to USD 49,880.15...
188 pages •
By Global Industry Analysts
• Sep 2020
Global Leather Goods Market to Reach $306.1 Billion by 2027 Amid the COVID-19 crisis, the global market for Leather Goods estimated at US$241.3 Billion in the year 2020, is projected to reach a revised size of US$306.1 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027. Footwear, one of the segments analyzed...
This Market Perspective takes a closer look at the European customer base of SAP -- the worldwide ERP market leader -- based on a survey from March 2020. IDC queried 400 European SAP ERP customers regarding the state of their SAP ERP deployment, plans with respect to upgrading to S/4HANA, decision-making processes related to upgrading, and...
Industrial Gloves Market Research Report by Material (Natural Rubber Gloves, Neoprene, Nitrile Gloves, Polyethylene, and Vinyl Gloves), by End User (Aerospace, Disk Drive, Flat Panel, Medical Devices, and Pharmaceuticals) - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Industrial Gloves Market is...
136 pages •
By Asia Market Information & Development Company
• Oct 2020
This study focuses on China’s Luggage and Travel Bags market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major...
This IDC study presents the five-year forecast for smartwatch shipments in the United States."The first half of 2020 saw difficulties up and down the U.S. smartwatch market," points out Ramon T. Llamas, research director for IDC's Wearables program. "Challenges with production, distribution, and end-user interest depressed volumes during the...
23 pages •
By Euromonitor International
• Aug 2020
Following a sustained period of low to modest growth, volume and current value sales of bags and luggage are now expected to fall sharply in 2020 as the COVID-19 pandemic, reduced discretionary spending, and consumers’ high price sensitivity and steadily declining disposable incomes hit demand hard. Economic constraints, store closures, stay-at-home...
11 pages •
By Euromonitor International
• Aug 2020
Bags and luggage is seeing steep declines across all sub-categories, with luggage hit the hardest due to COVID-19 related travel restrictions resulting in cancelled holidays and trips. Luxury handbags is seeing the second steepest decline, as consumers have decreased spending power due to the financial impacts of COVID-19 and people are also...
In the bag: High-quality niche goods and reshoring activity are anticipated to support future growth Abstract Leather Good & Luggage Manufacturing in the US Performance in the Leather Good and Luggage Manufacturing industry has waned over the five years to 2019. An appreciating dollar has caused domestically...
Smart Watch Band Market Research Report by Operating System (Android, RTOS, Tizen, and WatchOS), by Product (Classical, Extension, and Standalone), by Distribution Channel - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Smart Watch Band Market is expected to grow from USD 14,904.75 Million in 2019...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.