At 5.9% CAGR, Global Luggage Market Size to Surpass USD 9.6 Billion by 2032 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors

The study on the global Luggage market analyses and looks at the total projected revenues earned as well as the anticipated revenues throughout the forecast period. Persistence Market Research's analysis and examination of the contributing elements affecting growth during a ten-year forecast period, 2021-2031, are included in the study on the worldwide baggage market. The report's main goal is to present all available market data, including segmentation, trends, drivers, and restraints for the worldwide luggage industry.

In addition to analysing and examining growth-boosting and growth-restraining variables, the study also explores challenges, trends, and recent developments in the global baggage market over the projection period.

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Key Points Covered in Luggage Market Industry Survey:

Market estimates and forecast 2016-2031
Key drivers and restraints impacting market growth
Segment-wise, country-wise, and region-wise analysis
Competition mapping and benchmarking
Brand share and market share analysis
Key product innovations and regulatory climate
COVID-19 Impact on luggage and how to navigate
Recommendation on key winning strategies

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Companies Covered in This Report - (Luggage Market)

Samsonite International S.A.
Tumi Holdings, Inc.
VIP Industries.
VF Corporation.
Briggs & Riley Travelware.
Rimowa GmbH.
MCM Worldwide.
Louis Vuitton Malletier S.A.
Goyard, and ACE Co, Ltd.
Other

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Segment Analysis : (Luggage Market)

The global luggage market is segmented in terms of product type, distribution type, and region. On the basis of product type, the global luggage market is segmented into business bags, travel bags, and casual bags.
Among various product type, the travel bags segment is predicted to dominate the global luggage market in the span of six years, while, the business bags segment is estimated to be fastest growing segment among other segments, and further is projected to account for a relatively small market share over the coming years.
On the basis of distribution channel, the global luggage market is classified into factory outlets, internet sales, specialist retailers, and others.
The others segment is anticipated to be a significant distribution channel in the near future. Internet sales segment is estimated to witness the highest CAGR in the span of next six years among other distribution channel segments.

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About Consumer Goods Division at Persistence Market Research

The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.

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