openPR Logo
Press release

Ride-on Luggage Market Expected to Achieve $304.2 Million by 2031, At a Booming 5.4% Growth Rate by 2031

10-27-2023 04:00 PM CET | Tourism, Cars, Traffic

Press release from: Allied Market Research

Ride-on Luggage Market

Ride-on Luggage Market

๐“๐ก๐ž ๐ซ๐ข๐๐ž-๐จ๐ง ๐ฅ๐ฎ๐ ๐ ๐š๐ ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ๐Ÿ–๐Ÿ.๐Ÿ‘๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ‘๐ŸŽ๐Ÿ’.๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ“.๐Ÿ’% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

According to a new report published by Allied Market Research, titled, "Ride-on Luggage Market by Type (Conventional, Motorised), by End User (Adults, Children), by Distribution Channel (Offline Channels, Online Channels): Global Opportunity Analysis and Industry Forecast, 2021-2031". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/47767

Ride-on luggage allows users to ride while sitting or standing on it. It is intended to make travel more convenient by eliminating the need to carry heavy suitcases and bags. The majority of ride-on luggage is manual and must be driven by hand, whereas others have motors and batteries and can be driven with accelerators and brakes.

Furthermore, disposable income has rapidly increased in North America and Asia-Pacific, acting as a major driver for the Ride-on Luggage industry. Luggage such as suitcases, duffel bags, briefcases, and others can be quite heavy depending on the amount of clothing and other essentials stored in the luggage based on the length of the trip or the purpose of the trip. Customers prefer luggage units that are easy to move and carry around due to the weight of the luggage, which primarily include wheeled suitcases and bags. Ride-on luggage is the most convenient way to transport luggage and it also offers comfort, with the inclusion of mobile device charging ports being among the new Ride-on Luggage Market Trends.

The ride-on luggage market is segmented on the basis of type, end user, distribution channel, and region. By type, the ride-on luggage market is classified into conventional and motorized. Depending on end user, the market is categorized into adults and children. By distribution channel, the market is bifurcated into offline and online channels of sale. By region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ง๐ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/ea5d28f0e7083005bd064045711514ab

The conventional ride-on luggage segment accounted for the majority of ride-on luggage market share, and the motorized ride-on luggage segment is expected to grow steadily with a CAGR of 4.3% during the forecast period, as motorized ride-on luggage is gaining popularity due to ease of travel, thus increasing the Ride-on Luggage Market Demand. Children were the most frequent users of ride-on luggage, accounting for 74.3% of the market share, and adults are expected to have the highest growth due to the older generation's use of ride-on luggage. Offline sales channels were the most popular mode of purchase of ride-on luggage in 2021, however, online sales channels are expected to grow at a CAGR of 5.95% in the future according to the Ride-on Luggage Market Analysis due to the ease of purchase and a larger variety of ride-on luggage available online.

North America was the largest shareholder in terms of ride-on luggage sales in 2021 owing to the region's high popularity of novelty and convenience products, particularly in the U.S. Europe held the second-largest market share, while the Asia-Pacific region is expected to grow at the fastest rate, with a CAGR of 6.3% by the end of the forecast period.

Some of the major players analyzed in this report are Airwheel Holding Limited, Elan Travel System LLC, Hebei Faye Co., Ltd., Kiddietotes, Kids Luggage Store, Micro Mobility Systems AG, Modobag, Ningbo zhongdi Stereo luggage manufacturing co. LTD, Olaf scooter, Pretty Coast Plastic Toys Co., Ltd., Rydebot LLC, Stokke AS, Trunki , Tucci Disegno, and Younglingz.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/47767

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ:

โ—‹ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ride-on luggage market analysis from 2021 to 2031 to identify the prevailing ride-on luggage market opportunities.
โ—‹ The market research is offered along with information related to key drivers, restraints, and opportunities.
โ—‹ Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
โ—‹ In-depth analysis of the ride-on luggage market segmentation assists to determine the prevailing market opportunities.
โ—‹ Major countries in each region are mapped according to their revenue contribution to the global market.
โ—‹ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

๐‘๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ข๐๐ž-๐จ๐ง ๐‹๐ฎ๐ ๐ ๐š๐ ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies.
โ€ข Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
โ€ข Classify potential new clients or partners in the target demographic.
โ€ข Develop tactical initiatives by understanding the focus areas of leading companies.
โ€ข Plan mergers and acquisitions meritoriously by identifying Top Manufacturer.
โ€ข Develop and design in-licensing and out-licensing strategies by identifying prospective partners with the most attractive projects to enhance and expand business potential and Scope.
โ€ข Report will be updated with the latest data and delivered to you within 2-4 working days of order.
โ€ข Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
โ€ข Create regional and country strategies on the basis of local data and analysis.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  "๐€๐Œ๐‘ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ—‹ Canada Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/canada-ride-on-luggage-market-A109757

โ—‹ Mexico Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/mexico-ride-on-luggage-market-A109758

โ—‹ Europe Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/europe-ride-on-luggage-market-A109759

โ—‹ UK Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/uk-ride-on-luggage-market-A109760

โ—‹ Germany Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/germany-ride-on-luggage-market-A109761

โ—‹ France Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/france-ride-on-luggage-market-A109762

โ—‹ Italy Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/italy-ride-on-luggage-market-A109763

โ—‹ Spain Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/spain-ride-on-luggage-market-A109764

โ—‹ Netherlands Ride-on Luggage Market Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/netherlands-ride-on-luggage-market-A109765

Contact:

United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

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 Ride-on Luggage Market Expected to Achieve $304.2 Million by 2031, At a Booming 5.4% Growth Rate by 2031 here

News-ID: 3267208 • Views: โ€ฆ

More Releases from Allied Market Research

Scaling Efficiency: The Rise of Modular Data Centers in South America
Scaling Efficiency: The Rise of Modular Data Centers in South America
Allied Market Research published a new report, titled, " Scaling Efficiency: The Rise of Modular Data Centers in South America." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to beโ€ฆ
Airborne L-Band SATCOM Market is Projected to Grow Expeditiously: to Reach USD 1.22 Billion by 2030, Report
Airborne L-Band SATCOM Market is Projected to Grow Expeditiously: to Reach USD 1 โ€ฆ
Allied Market Research published a report, titled, "Airborne L-Band SATCOM Market by Platform (Commercial Aircraft, Wide-Body Aircraft, Narrow-Body Aircraft, Unmanned Aerial Vehicles, Military Aircraft, and Others), Component (Transceivers, Airborne Radio, Modems and Routers, SATCOM Radomes, SATCOM Terminals, and Others), Application (Government & Defense, and Commercial) and Installation Type (New Installation and Upgradation): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global airborne L-Band SATCOM industry generatedโ€ฆ
Ransomware Protection Market Is Expected to Generate $82.92 billion by 2031
Ransomware Protection Market Is Expected to Generate $82.92 billion by 2031
The global ๐‘๐š๐ง๐ฌ๐จ๐ฆ๐ฐ๐š๐ซ๐ž ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž was valued at $17.32 billion in 2021, and is projected to reach $82.92 billion by 2031, growing at a CAGR of 17.1% from 2022 to 2031. Depending on industry vertical, the IT & telecom sector dominated Ransomware Protection Market Share in 2021 and is expected to continue this trend during the forecast period. This is attributed to increasing use of mobile devices among individuals,โ€ฆ
FinTech Lending Market Poised for 27.4% CAGR Growth, Key Players, Market Size, Share, and Emerging Trends through 2030
FinTech Lending Market Poised for 27.4% CAGR Growth, Key Players, Market Size, S โ€ฆ
FinTech lender checks financial and banking history of individuals & businesses borrowing through FinTech firms. Moreover, to maximize the benefits of borrowing from FinTech lenders, consumers need to provide direct access of records through a cloud-based accounting software package and banking data permissions. In addition, bank permission allows FinTech lenders to run their analytical tools to speed up the credit decisions, which is driving the FinTech Lending market growth. Allied Marketโ€ฆ

All 5 Releases


More Releases for Luggage

Global Luggage and Bags Research Reports Covers Luggage and Bags Market Segmenta โ€ฆ
Luggage is a passengerโ€™s personal belongings accepted while travelling on board a ship, an aircraft or bus, whether patterned or unrestricted. In addition, the luggage entails of bags, containers and cases which control a travellerโ€™s material while the traveller is in transfer. In the earlier days, the bags and luggage was commonly made of heavy material and wood. But the form of luggage as dissimilar over time. It is intimateโ€ฆ
Business Travel Luggage Market to Witness Stunning Growth | Adidas, Rimowa, Fox โ€ฆ
Latest released the research study on Global Business Travel Luggage Market, offers a detailed overview of the factors influencing the global business scope. Business Travel Luggage Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Business Travel Luggage. The study covers emerging playerโ€™sโ€ฆ
Basic Notions about Motorcycle Luggage
Before going for the motorcycle trip, you have to know how to choose very well what accessories we will add to the motorcycle to maintain the weight balance. But it is also important to know what to buy and whatnot. All in order If your goal is to go on a long trip with your motorcycle, the first thing to consider is how you are going to distribute the weight. As forโ€ฆ
Global Luggage Locks Market Research
Global Luggage Locks Market Research the cardiovascular gadgets industry is developing at a huge rate internationally, because of expanding rates of heart infections and other cardiovascular clutters. Innovative advancementsand developing mindfulness haveboosted development of the cardiovascular gadgets showcase. Pacemakersare medical gadgets that are set in the chest or guts all together todetect strange heart rhythms.Pacemakers are utilized to treat arrhythmias, a condition, whereinthe heart thumps quick or moderate, or atโ€ฆ
Global Luggage Market 2018 - Briggs & Riley Travelware, VIP Industries Ltd., VF โ€ฆ
The Global Luggage Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Luggage industry. Firstly, Luggage Market report provides a basic overview of the Luggage industry including definitions, classifications, applications and Luggage industry chain structure. Global Luggage Market analysis is provided for the international market including development history, Luggage industry competitive landscape analysis, and major regions development status on Luggage Market scenario. To getโ€ฆ
Global Luggage Market, 2025
IndexBox has just published a new report "World: Luggage And Handbags - Market Report. Analysis and Forecast to 2025" ( http://www.indexbox.co.uk/store/world-luggage-and-handbags-market-report-analysis-and-forecast-to-2020/?utm_source=opr ). This report is best suitable for you if you: โ€ข Are planning to enter a new geographical market and wish to know which one is best for your product โ€ข Are planning to enter a new product market and want to have a detailed overview of the market before entering โ€ข Alreadyโ€ฆ