openPR Logo
Press release

Global Travel Bag Market is Expand with Noteworthy CAGR of 7.1% During 2017-2023 | Michael Kors Holdings Limited, Lvmh Mot Hennessy Louis Vuitton, Grupo Piagui, Fenix Outdoor AB, Herschel Supply Co, V.F. Corporation

05-15-2019 02:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: KD Market Insights

Global Travel Bag Market is Expand with Noteworthy CAGR of 7.1%

A Comprehensive research study conducted by KD Market Insights on " 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, and Low) - Global Opportunity Analysis and Industry Forecast, 2017-2023” report offers extensive and highly detailed historical, current and future market trends in the Global and regional/market. The Travel Bag Market report includes market size, growth drivers, barriers, opportunities, trends and other information which helps to find new opportunities in this market for the growth of the business through new technologies and developments.

The global travel bag market was valued at $15,045 million in 2016, and is projected to reach $24,027 million in 2023, growing at a CAGR of 7.1%. 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.

Request for Sample @ https://www.kdmarketinsights.com/sample/5112

Rise in travel and tourism has intensified the demand for travel bags. Besides, increase in urbanization, changes in lifestyle, and demand for innovative products such as polycarbonated luggage is further expected to impel the global travel bags market between 2017 and 2023. Increase in purchasing power of middle-class households especially in the developing regions is anticipated to create more demand for premium and fashionable travel bags in the region. The advancement in technology such as development of smart luggage with GPS system tracker is also projected to expand the growth of overall market during the forecast period (2017-2023).

Based on material, the global travel bags market is bifurcated 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.

KEY PLAYERS:
– DELSEY SA.
– VIP INDUSTRIES
– TGHI, INC.
– SAMSONITE
– ACE CO. LTD.
– U.S. LUGGAGE COMPANY
– JIAXING BIANCA LUGGAGE INDUSTRIAL CO. LTD.
– TRAVELPRO PRODUCTS, INC.
– RIMOWA GMBH
– KERING SA.

KEY MARKET BENEFITS FOR STAKEHOLDERS
– The study provides an in-depth analysis of the travel bags market with current and future trends to elucidate the imminent investment pockets in the market.
– The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
– Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.
– Market player positioning in the report provides a clear understanding of the position of leading companies.

KEY MARKET SEGMENTS

By Material Type
– Hard-Side
– Soft-Side

By Luggage Type
– Duffle
– Trolley
– Backpacks

By Price Range
– Premium
– Medium Range
– Low Range

By Distribution Channel
– Supermarkets/Hypermarkets
– Specialty Stores
– Factory Outlets
– Online Stores
– Others

By Region
– North America
– – U.S.
– – Canada
– – Mexico
– Europe
– – France
– – Germany
– – UK
– – Rest of Europe
– Asia-Pacific
– – China
– – India
– – Japan
– – South Korea
– – Rest of Asia-Pacific
– LAMEA
– – Latin America
– – Middle East
– – Africa

OTHER KEY PLAYERS*
– Michael Kors Holdings Limited.
– Lvmh Mot Hennessy Louis Vuitton
– Grupo Piagui
– Fenix Outdoor AB.
– Herschel Supply Co.
– V.F. Corporation

Browse Full Report With TOC@ https://www.kdmarketinsights.com/product/travel-bag-market

Table of Content

CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
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 investment pockets
3.2.2. Top impacting factors
3.2.3. Top winning strategies
3.3. PORTERS 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

CHAPTER 9 COMPANY PROFILES
9.1. DELSEY SA.
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Product Portfolio
9.1.5. Business performance
9.1.6. Key strategic moves and developments
9.2. VIP INDUSTRIES
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Product portfolio
9.2.5. Business performance
9.2.6. Key strategic moves and developments
9.3. TGHI, INC.
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio
9.3.5. Business performance
9.3.6. Key strategic moves and developments
9.4. SAMSONITE
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Product portfolio
9.4.5. Business performance
9.4.6. Key strategic moves and developments
9.5. ACE CO. LTD.
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Product portfolio
9.5.4. Key strategic moves and developments
9.6. U.S. LUGGAGE COMPANY
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Product portfolio
9.6.4. Key strategic moves and developments

9.7. JIAXING BIANCA LUGGAGE INDUSTRIAL CO. LTD.
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Business performance
9.7.5. Key strategic moves and developments
9.8. TRAVELPRO PRODUCTS, INC.
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Product portfolio
9.9. HOGG ROBINSON GROUP PLC.
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.9.5. Business performance
9.9.6. Key strategic moves and developments
9.10. KERING SA.
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Product portfolio
9.10.5. Business performance
9.10.6. Key strategic moves and developments

Continue….
Check for Discount @ https://www.kdmarketinsights.com/discount/5112

About Us:

KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market.

Contact Us:
KD Market Insights
150 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email: sales@kdmarketinsights.com
Website: www.kdmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Travel Bag Market is Expand with Noteworthy CAGR of 7.1% During 2017-2023 | Michael Kors Holdings Limited, Lvmh Mot Hennessy Louis Vuitton, Grupo Piagui, Fenix Outdoor AB, Herschel Supply Co, V.F. Corporation here

News-ID: 1740493 • Views:

More Releases from KD Market Insights

Bucket Trucks Market Top Key Players - Manitowoc Cranes, Manitex International Inc., Altec Inc., Elliott Equipment Company, Tadano Ltd., Palfinger AG, Aichi Corporation, Link Belt, Versalift, CTE group SPA, Tadano Ltd.
Bucket Trucks Market Top Key Players - Manitowoc Cranes, Manitex International I …
The bucket trucks are utilitarian vehicles having a hydraulic pole or boom with a bucket at one end that can transport cargo or people. The hydraulic pole pulls the person up with the help of the bucket, allowing him to continue working while being safe. Additionally, these vehicles can be affixed to trailers or commercial vans. They are extensively employed in many different industries, including the management of vegetation, lighting,
Solar-Powered Car Market Top Key Players - Audi AG, Sono Motors GmbH, Lightyear, Toyota Motor Corp, Ford Motor Company, Cruise Car Inc., Mahindra & Mahindra Limited, Venturi, General Motors, Volkswagen AG., Solar Electric Vehicle Company, Hanergy Holding
Solar-Powered Car Market Top Key Players - Audi AG, Sono Motors GmbH, Lightyear, …
The solar-powered automobile is an electric car that draws its power from the sun. The photovoltaic cells are used to transform solar energy into electrical power to drive the vehicle. On such vehicles, solar panels with photovoltaic cells are attached. Electricity is generated by solar panels and stored in batteries. The car's charged batteries power the motor, which acts as the vehicle's engine and propels the vehicle forward. The demand
Trailer Terminal Tractor Market Top Key Players - AB Volvo, Mol CY nv, Orange EV, CARGOTEC (Kalmar), CVS FERRARI S.P.A., MAFI Transport Systems GmbH, Hoist Liftruck Mfg., LLC, Konecranes, SINOTRUK (HONG KONG) LIMITED, AUTOCAR, LLC., BYD Company Limited, C
Trailer Terminal Tractor Market Top Key Players - AB Volvo, Mol CY nv, Orange EV …
The trailer terminal tractor is a specialized truck created for the quick, safe, and effective movement of semi-trailers or cargo containers. It is intended specifically for material loading and unloading. It operates quickly and efficiently, has a quick turnaround time, high level of dependability, good mobility, delivers exceptional comfort, and has servicing points that are conveniently located. To handle semi-trailers, roll trailers, container chassis, and heavy-duty trailers, it is mostly
Robotics as a service Market Size is Reach at $6.8Bn by the end of 2025 – KD Market Insights
Robotics as a service Market Size is Reach at $6.8Bn by the end of 2025 – KD M …
The Global robotics as a service market was valued at USD 1.8 Billion as of the year 2019 and is expected to grow to about USD 6.8 Billion by 2025’s end and growing at an annual compound growth rate (CAGR) of 6 percent during the timeframe 2019-2025. Robotics as a Service (RaaS) is an aspect of artificial intelligence (AI) that integrates cloud computing with shared service. Companies are increasingly adopting this Robot as a

All 5 Releases


More Releases for Key

Caprylyl Glycine Market Size, Share and Forecast By Key Players-Key Player I, Ke …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Caprylyl Glycine market is anticipated to grow at a compound annual growth rate (CAGR) of 16.41% between 2024 and 2031. The market is expected to grow to USD 11.09 Billion by 2024. The valuation is expected to reach USD 32.12 Billion by 2031. The Caprylyl Glycine market is experiencing significant growth, driven by its increasing demand in the
Polyurethane Prepolymer (PPU) Market Size, Share and Forecast By Key Players-Key …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Polyurethane Prepolymer (PPU) market is anticipated to grow at a compound annual growth rate (CAGR) of 11.68% between 2024 and 2031. The market is expected to grow to USD 8.1 Billion by 2024. The valuation is expected to reach USD 17.54 Billion by 2031. The Polyurethane Prepolymer (PPU) Market is set for significant growth, driven by increasing demand
Olivine Sand Market Size, Share and Forecast By Key Players-Key Player I, Key Pl …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Olivine Sand market is anticipated to grow at a compound annual growth rate (CAGR) of 16.07% between 2024 and 2031. The market is expected to grow to USD 39 Billion by 2024. The valuation is expected to reach USD 110.69 Billion by 2031. The olivine sand market is poised for significant growth due to its increasing use in
Phlorotannins Market Analysis By Top Keyplayers - Key Player I, Key Player II, K …
The "Phlorotannins Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Phlorotannins Market, 2024-2031 Verified Market Research's most recent report, "Phlorotannins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination of the industry
Direct Drive Frameless Motor Market Size, Insights 2031 by Key Vendors- Key Play …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Direct Drive Frameless Motor Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The Direct Drive Frameless Motor Market presents significant opportunities for growth driven by advancements in technology and the increasing demand for high-performance, precision-driven applications across various industries.
Hydroxylamine Hcl Market Size, Share Projections 2031 by Key Manufacturer- Key P …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Hydroxylamine Hcl Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The Hydroxylamine HCl Market offers substantial opportunities for growth driven by its diverse applications across various industries. Hydroxylamine hydrochloride is widely used as a reducing agent in chemical synthesis,