Luggage Market by Manufacturers, Size, Development Analysis, Applications and Forecast to 2027

Luggage mainly includes travel bags, business cases, and other casual bags. Luggage is a very important consumer good across the globe with numerous organized (global) and unorganized (local) manufacturers manufacturing different types of luggage for various travel and business needs.

In emerging economies of Asia Pacific region, the unorganized luggage market players are posing several challenges for major players in the organized sector. The manufacturing cost of luggage is lower, owing to easy availability of raw materials such as plastics, leather, and others. Furthermore, local luggage manufacturers from the unorganized sector usually offer their products at a lower price, as they save on several additional costs, such as research and development, advertising, branding, and costs for procuring high quality raw materials.

Technological advancements by market players is expected to boost demand for smart luggage across the globe. According to the International Journal for Research in Applied Science & Engineering Technology (IJRASET) published in November 2017, a luggage bag features a kick scooter, which is attached to the luggage bag to provide ease and comfort to the traveler. For instance, OLAF, a manufacturer of scooters with backpacks in Slovenia, provides a 4-in-1 solution, which incorporates removable ergonomically-designed backpack, sturdy trolley, a steerable kick-scooter, and a wooden skateboard.

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companies such as G-RO and Scoocase have equipped their luggage with power banks. Furthermore, Antler USA's Titus and the Delsey Paris Pilot 4.0 offer a built-in USB port with cables, which is connected to a power bank compartment. Another smart luggage feature is a bag with an in-built weighing scale, which displays exact weight of the luggage as soon as the user lifts the bag. For instance, Airo smart luggage trolley bags consist of an inbuilt weighing scale, which has helped the company to gain competitive edge over other brands. These factors are expected to boost growth of the luggage market during the forecast period.

Detailed Segmentation:

Global Luggage Market, By Product Type:
Travel Bags
Trolley & Duffle Bags
Lifestyle Bags
Backpack
Garment Bags
Business Cases

Briefcases
Attache Cases
Business Backpacks
Others (Casual Bags, etc.)

Global Luggage Market, By Distribution Channel:
Wholesale & Specialty Stores
Hypermarkets
Supermarkets
Online Stores
Others (Factory Outlets, etc.)

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Key companies covered as a part of this study include Tapestry Inc., Rimowa GmbH, Louis Vuitton Malletier, S.A., Victorinox Swiss Army, Inc., Samsonite International S.A, Coach Inc, VF Corporation, Antler Limited, Delsey S.A., Bric's Industria Valigeria Fine SpA, Etienne Aigner AG, and VIP Industries Limited

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