Travel Bags Market - Global Opportunity Analysis and Industry Forecast, 2017 - 2023

Travel and tourism is one of the worlds significant and largest foreign exchange earner among various industries. The substantial boom in the travel and tourism sector (including medical tourism) fosters the demand for various types of travel bags. The robust movement of business travelers, further fuels the requirement of travel bags especially backpacks and trolleys.

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Rise in travel and tourism has intensified the demand for travel bags. Besides, increase in urbanization, changes in lifestyle, and demand for innovative products such as polycarbonated luggage is further expected to impel the global travel bags market between 2017 and 2023. Increase in purchasing power of middle class households especially in the developing regions is anticipated to create more demand for premium and fashionable travel bags in the region. The advancement in technology such as development of smart luggage with GPS system tracker is also projected to expand the growth of overall market during the forecast period (2017-2023).

The global travel bags market is segmented based on material into hard side, soft side, and others. The market is also divided by type of luggage into duffle, trolley, and backpacks. The market is further sub-divided by different price range, which includes premium, mid, and low and by distribution channel into supermarket/hypermarket, specialty stores, factory outlets, online stores, and others. Geographically, the market is categorized across North America, Europe, Asia-Pacific, and LAMEA.

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Key players identified across the value chain of this report include Delsey SA, VIP Industries, Targus Group, Samsonite Company, Ace Co. Ltd., U.S. Luggage Company, Shanghai Fochier International, Travelpro International, Rimova, and others.

Key Benefits:

- The study provides an in-depth analysis of the travel bags market with current and future trends to elucidate the imminent investment pockets in the market.
- The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
- Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.
- Market player positioning in the report provides a clear understanding of the position of leading companies.
- Travel Bags Market Key Segmentation

Travel Bag Market By Material Type

Hard-Side
Soft-Side
Others

Travel Bag Market By Type Of Luggage

Duffle
Trolley
Backpacks

Travel Bag Market By Price Range

Premium
Mid
Low

Travel Bag Market By Distribution Channel

Supermarkets/Hypermarkets
Specialty Stores
Factory Outlets
Online Stores
Others

Travel Bag Market By Geography

North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Players

Delsey SA
VIP Industries
Targus Group
Samsonite Company
Ace Co. Ltd.
U.S. Luggage Company
Shanghai Fochier International
Travelpro International
Rimova

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