Press release
Global luggage industry, which is envisioned to witness an expansion from USD 30,969 Million in 2014 to USD 43,358 Million in 2020
Research Nester Published Report on"Global Travel Bag Market Analysis & Opportunity Outlook 2021" The world has witnessed an upsurge in travel and tourisms over previous few years. Large number of people travels to various tourist destinations each year. Since frequency of travels have increased people look forward for lighter and compact luggage options such as travel bags.Travel bags are segmented under the global luggage industry, which is envisioned to witness an expansion from USD 30,969 Million in 2014 to USD 43,358 Million in 2020, registering a CAGR of 5.8%. Regionally, the global travel bags market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific, Middle East and North Africa (MENA) and Rest of World (Row).
Growth Drivers and Challenges
Increasing number of passengers travels coupled with rising disposable incomes are anticipated to drive the global travel bags market in future.
In addition to that, growth in urbanization is also expected to fuel the global travel bags market during 2015-2021.
However, presence of large number of un-organized players in emerging countries such as India and China are projected to hamper the global travel bags market over next few years.
Market Size and Forecast
North America travel bags market is likely to get propelled from increasing international and domestic travels in country such as the U.S. For instance, domestic travel increased by 4.2% in the U.S. in 2014 to reach 2.3 billion person trips in 2015.
Request For TOC Here : http://bit.ly/2cJQAZQ
Europe travel bags market is also anticipated to expand from increasing innovation by manufacturers to provide more flexible and comfortable travel bags to travellers.
Asia-Pacific travel bags market is likely to witness a substantial growth during 2015-2021. The market in the region is expected to spark from increasing per capita income and rising urbanization in India and China.
To know more about this research, visit:
http://www.researchnester.com/reports/global-travel-bag-market-analysis-opportunity-outlook-2021/143
Contact for more info:
Ajay Daniel
Email: ajay.daniel@researchnester.com
1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Phone : U.S. +1 646 586 9123
U.K. +44 203 608 5919
web: www.researchnester.com
Research Nester is a leading & tracking every movement on global industry Analysis in sectors like healthcare, pharma, ICT & electronics, food & beverages, textiles, oil & gas, energy & power & information service company operating with a network of partner firms across the US, Asia and Europe.
http://www.researchnester.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 luggage industry, which is envisioned to witness an expansion from USD 30,969 Million in 2014 to USD 43,358 Million in 2020 here
News-ID: 365579 • Views: …
More Releases from Research Nester Pvt Ltd
Lutein and Zeaxanthin Market - Key Players, Capability Assessment & M&A Indicato …
The lutein and zeaxanthin market has expanded steadily as demand for eye-health supplements, functional foods, and preventive nutrition increases across global consumer segments. Lutein and zeaxanthin, two essential carotenoids concentrated in the retina, are widely recognized for their protective roles against oxidative stress, age-related macular degeneration (AMD), blue-light exposure, and general visual fatigue. Their adoption has accelerated with the rise of digital lifestyles, an aging population, and growing clinical evidence…
Top Companies in Atrial Fibrillation Market - Benchmarking Performance & Future …
The atrial fibrillation market is undergoing a period of rapid transformation as diagnostic technologies, catheter-based therapies, and antiarrhythmic solutions continue to advance. Atrial fibrillation (AFib) is one of the most prevalent cardiac arrhythmias globally, prompting significant demand for improved detection, early intervention, and minimally invasive treatment. The shift toward advanced ablation systems, AI-enabled diagnostics, wearable monitoring, and next-generation electro-mapping tools has strengthened competition across the market. Companies are expanding their…
Conductive Textiles Market - Top Companies, SWOT Deep Dive & Capital Flow Trends
The conductive textiles market is undergoing a rapid transformation as wearable electronics, smart apparel, and advanced sensor-integrated fabrics move from niche applications to mainstream adoption. Conductive textiles-engineered using conductive polymers, metal-coated fibers, or intrinsically conductive yarns-have become integral to next-generation healthcare wearables, military gear, automotive interiors, and consumer smart devices. As industries push for lighter, flexible, and more energy-efficient electronic systems, conductive materials embedded within fabrics are emerging as a…
Global Osteosynthesis Devices Market: Top Companies, Market Share Rankings & Inv …
The osteosynthesis devices market continues to evolve as orthopedic care moves toward minimally invasive procedures, biologically compatible materials, and technology-enabled implants. These devices-ranging from plates and screws to intramedullary nails and fixation systems-are essential for treating fractures, deformities, and complex bone injuries. Companies operating in this space are adopting strategies centered around product innovation, clinical efficacy, and expansion into fast-growing regions. As trauma care volumes rise in both developed and…
More Releases for North
Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need.
Whether you're moving…
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032.
Biosimulation, which involves the use of…
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png
Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community.
North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the…
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay.
Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing…
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada.
Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the…
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally.
Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.…
