Global Backpack Travel Bag Market: Emerging Trends, Major Key Players Delsey SA. and VIP Industries

According to the report, 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 major factor driving the growth of the Backpack Travel Bag Market is the rising number of adventure seekers. As the world becomes more interconnected, more people are discovering the joy of travel.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global BACKPACK TRAVEL BAG industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Backpack Travel Bag market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Backpack Travel Bag players holding highest market share include Delsey SA., VIP Industries, TGHI, Inc. and Samsonite. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Delsey SA.
• VIP Industries
• TGHI Inc.
• Samsonite, Ace Co. Ltd.
• U.S. Luggage Company
• LVMH Group
• Travelpro Products, Inc.
• Rimowa GmbH
• Kering SA

Segmental Analysis

Market Segment By DISTRIBUTION CHANNEL with focus on market share, consumption trend, and growth rate of BACKPACK TRAVEL BAG Market:
• Supermarkets/Hypermarkets
• Specialty Stores
• Factory Outlets
• Online Stores
• Others

Market Segment By MATERIAL TYPE with focus on market share, consumption trend, and growth rate of BACKPACK TRAVEL BAG Market:
• Hard-Side
• Soft-Side

Market Segment By PRICE RANGE with a focus on market share, consumption trend, and growth rate of BACKPACK TRAVEL BAG Market:
• Premium
• Medium Range
• Low Range

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Global Backpack Travel Bag Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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