Press release
Travel Bag Market by Material Type (Hard Side and Soft Side), Luggage Type (Duffle, Trolley, and Backpacks), Distribution Channel (Supermarkets/Hypermarket, Specialty Stores, Factory Outlets, Online Stores, and Others), and Price Range (Premium, Medium, a
According to a new report published by Allied Market Research, titled, Travel Bag Market by Material Type, Luggage Type, Distribution Channel, and Price Range: Global Opportunity Analysis and Industry Forecast, 2017-2023, The global travel bag market was valued at $15,045 million in 2016, and is projected to reach $24,027 million in 2023, registering a CAGR of 7.1% from 2017 to 2023. In 2016, the trolley bag segment is anticipated to grow at the highest rate during the forecast period.Access Full Summary at : https://www.alliedmarketresearch.com/travel-bags-market
Travel bags consist of bags or cases, or containers which can hold a travelers belongings while travelling. The travel bags are generally used to carry clothing, toiletries, small possessions, trip necessities, and souvenirs. In the present era, bags also represent their owner's wealth and fashion statement. The substantial boom in the travel and tourism sector (including medical tourism) fosters the demand for various types of travel bags. The robust movement of business travelers, further fuels the requirement of travel bags especially backpacks and trolleys.
The global travel bag market is segmented based on material into hard side, and soft side. The market is also divided by luggage type into duffle, trolley, and backpacks. The market is further sub-divided by different price range, which includes premium, medium range, and low range and by distribution channel into supermarket/hypermarket, specialty stores, factory outlets, online stores, and others. Based on region, the market is categorized across North America, Europe, Asia-Pacific, and LAMEA.
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Key players identified across the value chain of this report include Delsey SA., VIP Industries, TGHI, Inc., Samsonite, Ace Co. Ltd., U.S. Luggage Company, LVMH Group, Travelpro Products, Inc., Rimowa GmbH, Kering SA, and others.
The Asia-Pacific travel bag market witnessed a rapid growth as travel bags are increasingly becoming a fashion accessory with ergonomic designs, trendy color combinations, textures, and clean contoured lines. In addition, design modification and innovative materials offering light bags has further fueled the growth of the market. As more and more people are becoming globally mobile and exposed to international accessories, the demand for travel accessories is shooting up.
The trolley bag segment is estimated to be the most lucrative market in the global market due to high consumer preference, owing to its ease of mobility, comfortable to transport on various surfaces; across terminals, subways and escalators, and navigating busy and crowded terminals.
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Specialty stores by distribution channel dominates the travel bag market. They have gained high preference among consumers as these stores offer considerable depth in the product portfolio by price range, material, luggage type, and design. In addition, high service quality and expert guidance to shoppers enhances shopping experience of consumers.
Table of Content:
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Top impacting factors
3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET PLAYERS POSITIONING
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Growth in global travel & tourism industry
3.5.1.2. Rise in disposable income
3.5.1.3. Increasing penetration of internet
3.5.2. Restraints
3.5.2.1. Risk of counterfeiting
3.5.3. Opportunities
3.5.3.1. Development of smart & light weight travel bags
Chapter: 4 TRAVEL BAG MARKET, BY MATERIAL TYPE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. HARD-SIDE
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. SOFT-SIDE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
Chapter: 5 TRAVEL BAG MARKET, BY LUGGAGE TYPE
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. DUFFLE
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. TROLLEY
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.4. BACKPACKS
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
Chapter: 6 TRAVEL BAG MARKET, BY PRICE RANGE
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. PREMIUM
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.3. MEDIUM RANGE
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
6.4. LOW RANGE
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast
Chapter: 7 TRAVEL BAG MARKET, BY DISTRIBUTION CHANNEL
7.1. OVERVIEW
7.1.1. Market size and forecast
7.2. SUPERMARKETS/HYPERMARKETS
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast
7.3. SPECIALITY STORES
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast
7.4. FACTORY OUTLETS
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast
7.5. ONLINE STORES
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast
7.6. OTHERS
7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast
Chapter: 8 TRAVEL BAG MARKET, BY GEOGRAPHY
8.1. OVERVIEW
8.1.1. Market size and forecast
8.2. NORTH AMERICA
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast
8.2.2.1. U.S.
8.2.2.2. Canada
8.2.2.3. Mexico
8.3. EUROPE
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast
8.3.2.1. UK
8.3.2.2. Germany
8.3.2.3. France
8.3.2.4. Rest of Europe
8.4. ASIA-PACIFIC
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast
8.4.2.1. China
8.4.2.2. India
8.4.2.3. Japan
8.4.2.4. South Korea
8.4.2.5. Rest of Asia-Pacific
8.5. LAMEA
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast
8.5.2.1. Latin America
8.5.2.2. Middle East
8.5.2.3. Africa
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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