Global Luggage Bag Market Research Report 2020
The India branded luggage bags market is dominated by three players, Samsonite, VIP Industries Limited and Safari. The market will be competitive, due to more foreign brands plan to expand its market share, like Tommy Hilfiger, Delsey, Briggs and Riley, Rimowa, VF Corporation (Eagle Creek and Eastpak), Travelpro and Victorinox etc. These brands are tapping the evolving Indian consumer at a rapid pace. The competition is expected to intensify further as these players are estimated to make a significant contribution in the organized segment of luggage industry. If the branded luggage bags sector can hold its growth momentum, then the luggage industry is going to be the leading player in the consumer durables category in the next couple of years.
The global Luggage Bag market is valued at 14000 million US$ in 2020 is expected to reach 23980 million US$ by the end of 2026, growing at a CAGR of 7.9% during 2021-2026.
This report focuses on Luggage Bag volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Luggage Bag market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Luggage Bag market is segmented into
Hard Luggage Bags
Soft Luggage Bags
Segment by Application
Global Luggage Bag Market: Regional Analysis
The Luggage Bag market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Luggage Bag market report are:
Middle East & Africa
Global Luggage Bag Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Luggage Bag market include:
Briggs & Riley
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.