Global Luggage (Business Bags, Travel Bags and Casual Bags) Market: Size, Trends and Forecast (2019-2023)

Scope of the Report

The report entitled “Global Luggage (Business Bags, Travel Bags and Casual Bags) Market: Size, Trends and Forecast (2019-2023)” provides an in-depth analysis of the luggage market including detailed description of market sizing and growth. The report provides an analysis of the global luggage market by value and includes segment analysis as well. The report also includes regional analysis of the luggage market for the following regions: North America, Central and South America, Europe, Asia Pacific and Middle East & Africa.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall luggage market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the luggage market are Samsonite International S.A., VF Corporation, LVMH Group (Rimowa) and VIP Industries Limited. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Country Coverage

North America
Europe
Asia Pacific (Japan, China, Asia Pacific (Excluding Japan and China))
Middle East & Africa

Company Coverage

Samsonite International S.A.
VF Corporation
LVMH Group (Rimowa)
VIP Industries Limited

Executive Summary

Luggage can be defined as bags or other items which are used by people for storing and carrying their belongings safely. Various kinds of luggage include plastic bags, jute bags, leather bags, backpacks, suitcase etc. Steps involved in the manufacturing of luggage includes cutting, preparing components, assembling and quality check and packing. The luggage industry is undergoing continuous evolution in terms of new brands and styles which has given the consumers more choices than ever before.

Luggage has been segmented on the basis of distribution channel, material type, product type, price and purpose. On the basis of distribution channel, luggage has been divided into supermarkets/ hypermarkets, specialty stores, factory outlets, online stores and others. On the basis of material type, luggage has been segmented into hard-side and soft-side and the types of luggage has been divided into business, travel and casual. On the basis of price, luggage has been categorized into value & mid-level, premium and luxury and on the basis of purpose, luggage has been segmented into personal and commercial.

The global luggage market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as growing travel and tourism spending, rapid urbanization, increasing middle class population and spending, etc. Some of the major challenges faced by the market are threat from counterfeit products and volatility in raw material prices.

Tags :

Figure 1: Luggage Manufacturing Process
Figure 2: Luggage Segmentation by Distribution Channel
Figure 3: Luggage Segmentation by Material Type and Product Type
Figure 4: Luggage Segmentation by Price and Purpose
Figure 5: Global Luggage Market by Value; 2014-2018 (US$ Billion)
Figure 6: Global Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 7: Global Luggage Market by Region; 2018 (Percentage, %)
Figure 8: Global Luggage Market by Segments; 2018 (Percentage, %)
Figure 9: Global Business Bags Market by Value; 2014-2018 (US$ Billion)
Figure 10: Global Business Bags Market by Value; 2019-2023 (US$ Billion)
Figure 11: Global Travel Bags Market by Value; 2014-2018 (US$ Billion)
Figure 12: Global Travel Bags Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global Casual Bags Market by Value; 2014-2018 (US$ Billion)
Figure 14: Global Casual Bags Market by Value; 2019-2023 (US$ Billion)
Figure 15: North America Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 16: North America Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 17: Central and South America Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 18: Central and South America Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 19: Europe Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 20: Europe Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 21: Asia Pacific Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 22: Asia Pacific Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 23: Japan Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 24: Japan Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 25: China Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 26: China Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 27: Asia Pacific (Excluding Japan and China) Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 28: Asia Pacific (Excluding Japan and China) Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 29: Middle East & Africa Luggage Market by Value; 2015-2018 (US$ Billion)
Figure 30: Middle East & Africa Luggage Market by Value; 2019-2023 (US$ Billion)
Figure 31: Global Travel and Tourism GDP; 2014-2023 (US$ Trillion)
Figure 32: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
Figure 33: Global Retail E-commerce Sales; 2014-2021 (US$ Trillion)
Figure 34: Global GDP in PPP Terms; 2000-2020 (US$ Trillion)
Figure 35: Global Youth Population; 2010-2025 (Billion)
Figure 36: Global Middle Class Population; 2016-2028 (Billion)
Figure 37: Global Middle Class Spending; 2016-2030 (US$ Trillion)
Figure 38: Global Labor Force; 2012-2018 (Billion)
Figure 39: Global Higher Education Enrolment; 2015-2040 (Million)
Figure 40: Global Smart Luggage Market by Value; 2016-2024 (US$ Million)
Figure 41: Global Digital Ad Spending; 2018-2023 (US$ Billion)
Figure 42: Global Luggage Market Players by Brands
Figure 43: Global Luggage Market Players by Products
Figure 44: India Luggage Players by Market Share; 2018 (Percentage, %)
Figure 45: Samsonite International S.A. Net Sales; 2014-2018 (US$ Billion)
Figure 46: Samsonite International S.A. Net Sales by Region; 2018 (Percentage, %)
Figure 47: VF Corporation Total Revenue; 2014-2018 (US$ Billion)
Figure 48: VF Corporation Total Revenue by Segments; 2018 (Percentage, %)
Figure 49: VF Corporation Total Revenue by Region; 2018 (Percentage, %)
Figure 50: LVMH Group Revenue; 2014-2018 (US$ Billion)
Figure 51: LVMH Group Revenue by Segments; 2018 (Percentage, %)
Figure 52: LVMH Group Revenue by Region; 2018 (Percentage, %)
Figure 53: VIP Industries Limited Revenue; 2014-2018 (US$ Million)
Figure 54: VIP Industries Limited Revenue by Region; 2018 (Percentage, %)
Table 1: Categories of Luggage
Table 2: Global Luggage Market Players Financial Comparison; 2018
Table 3: Global Luggage Market Players by Brand Mapping
Table 4: VIP Industries Limited Brands