Press release
Travel Accessories Market Share & Size Analysis, Growth, Trends, Report, 2024-2032
Travel Accessories Market
Travel accessories play a crucial role in ensuring the safety and convenience of travelers, with many of them being lightweight, compact, and custom-made to facilitate efficient luggage management while being outdoors. Manufacturers are designing and developing innovative products with distinct features and functionalities, ultimately enhancing the overall travel experience for users. The rise in international travelers and their expenditure on luxury lifestyle products is expected to fuel the global travel accessories market.
The COVID-19 pandemic impacted the demand for travel accessories, particularly throughout 2020. Global travel restrictions disrupted the supply chain, adversely affecting product sales. However, the market recovered in the post-COVID-19 phase with the relaxation of travel restrictions and reopening of physical retail and distribution channels.
Fortune Business Insightsโข displays this information in a report titled, "Travel Accessories Market, 2024-2032."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/travel-accessories-market-110135
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐๐ฏ๐๐ฅ ๐๐๐๐๐ฌ๐ฌ๐จ๐ซ๐ข๐๐ฌ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โฃ Samsonite International S.A. (Hong Kong)
โฃ Rimowa (Germany)
โฃ VF Corporation (U.S.) โฃ Delsey (U.S.)
โฃ ACE Luggage Co., Ltd. (U.S.)
โฃ Design Go Ltd. (Go Travel) (U.K.)
โฃ TRAVEL-BLUE.COM (U.K.)
โฃ MCM Worldwide (Germany)
โฃ Magellan's (U.S.)
โฃ SINOX COMPANY LTD. (Taiwan)
โฃ United States Luggage Company LLC. (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: ๐๐ซ๐๐ฏ๐๐ฅ ๐๐๐๐๐ฌ๐ฌ๐จ๐ซ๐ข๐๐ฌ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Electronic Accessories Segment to Dominate Market Due to Advancements in Electronic Travel Gadgets
Based on type, the market is categorized into textile travel accessories, personal care items, electronic accessories, travel bag & luggage accessories, and others. The electronic accessories segment will lead the market during the forecast period of 2024-2032. Rapid advancements in the development of laptops, smartphones, and tablet accessories, such as computer mouse, earbuds, gaming products, and other related items will significantly contribute to the segment's growth during the forecast period.
Offline Channels Segment Dominated Market Due to Higher Consumer Spending While Travelling
Based on distribution channel, the global market is segregated into online channels and offline channels. The offline channels segment held the largest travel accessories market share in 2023. The significant market share of these channels can be attributed to the increased consumer spending on travelling products.
With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/travel-accessories-market-110135
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report includes:
โฃ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โฃ Comprehensive insights into regional developments.
โฃ List of major industry players.
โฃ Key strategies adopted by the market players.
โฃ Recent industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
Increasing Sales of Premium Travel Essentials to Accelerate Market Growth
Manufacturers of travel accessories are offering premium products to cater to diverse consumer preferences across multiple sales platforms. Advances in technology, which enable the creation of innovative products, and the increasing number of travel retail suppliers investing in premium product lines, will drive consumers' demand for these products, thereby propelling the global travel accessories market growth.
However, the COVID-19 pandemic-related travel restrictions led to a significant decline in the demand for outdoor gear products as many shops were forced to close, thereby hindering the market growth globally.
๐๐ฟ๐ผ๐๐๐ฒ ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐:
https://www.fortunebusinessinsights.com/travel-accessories-market-110135
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Asia Pacific Dominated Market Due to Increasing Demand for Luxury Outdoor Gear in Premium Tourism Packages
Asia Pacific dominated the market with a valuation of USD 1,019.24 million in 2023. This growth can be attributed to the increasing demand for luxury outdoor gear in premium tourism packages, which will drive the sales of travel accessories in countries, such as Japan, China, and India.
Europe ranked as the second-largest regional market in 2023, driven by increased imports of textile and luggage accessories in Germany, France, the U.K., and Italy. This trend has significantly boosted product consumption rates in these nations.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Key Players to Focus On Portfolio Expansion in Premium Price Range to Support Market Development
The leading companies operating in this market are increasing their focus on launching premium products to encourage customers to buy them and create a new customer base. They are also focusing on establishing strategic partnerships and collaborations with other firms to enhance their customers' experience.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Travel Retail Market
https://www.fortunebusinessinsights.com/travel-retail-market-104620
Wipes Market
https://www.fortunebusinessinsights.com/wipes-market-103288
Tissue Paper Market
https://www.fortunebusinessinsights.com/tissue-paper-market-102847
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
โข May 2024 - P&G's Pampers brand introduced its latest innovation, Swaddlers 360 diapers, designed to revolutionize and simplify diaper changes. Swaddlers 360 diapers ensure hassle-free changes with a stretchy, pull-on waistband and easy-tear sides.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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