The Europe Travel Bag Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).
Improved transportation infrastructure has led to an increase in travel frequency among individuals of all ages. Whether for business, leisure, or exploration, people are more inclined to embark on journeys, creating a sustained demand for travel bags. The need for reliable and practical luggage solutions has become a fundamental aspect of the travel experience, contributing to the widespread adoption of these bags across diverse demographics.
The evolving role of travel bags as fashion accessories has contributed to their widespread adoption. Consumers, especially younger demographics, view their bags as style statements, choosing designs that align with their aesthetics. This shift in perception has transformed bags from purely functional items to fashionable accessories, driving adoption among those who prioritize utility and style in their everyday lives.
Spain has a rich cultural tradition of embracing travel for leisure, business, or exploration. Spain is one of the world’s most popular tourist destinations, attracting millions of visitors yearly. The diverse geography of Spain, including coastal areas, mountains, and historic cities, influences various travel preferences. Urbanization in Spain, particularly Madrid, Barcelona, and Valencia, has led to changing lifestyles and increased mobility. Spanish consumers are known for their fashion and style consciousness. E-commerce growth of e-commerce in Spain has transformed how consumers shop for these bags. Spanish consumers appreciate innovation in design and the use of high-quality materials. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Travel Bag Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,808.8 million by 2030. The UK market is exhibiting a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.8% during (2023 - 2030).
Based on Material, the market is segmented into Soft-Side, and Hard-Side. Based on Luggage Type, the market is segmented into Duffle, Backpacks, and Trolley. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Stores, Factory Outlets, and Others. Based on Price Range, the market is segmented into Medium Range, Low Range, and Premium. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Improved transportation infrastructure has led to an increase in travel frequency among individuals of all ages. Whether for business, leisure, or exploration, people are more inclined to embark on journeys, creating a sustained demand for travel bags. The need for reliable and practical luggage solutions has become a fundamental aspect of the travel experience, contributing to the widespread adoption of these bags across diverse demographics.
The evolving role of travel bags as fashion accessories has contributed to their widespread adoption. Consumers, especially younger demographics, view their bags as style statements, choosing designs that align with their aesthetics. This shift in perception has transformed bags from purely functional items to fashionable accessories, driving adoption among those who prioritize utility and style in their everyday lives.
Spain has a rich cultural tradition of embracing travel for leisure, business, or exploration. Spain is one of the world’s most popular tourist destinations, attracting millions of visitors yearly. The diverse geography of Spain, including coastal areas, mountains, and historic cities, influences various travel preferences. Urbanization in Spain, particularly Madrid, Barcelona, and Valencia, has led to changing lifestyles and increased mobility. Spanish consumers are known for their fashion and style consciousness. E-commerce growth of e-commerce in Spain has transformed how consumers shop for these bags. Spanish consumers appreciate innovation in design and the use of high-quality materials. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Travel Bag Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,808.8 million by 2030. The UK market is exhibiting a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.8% during (2023 - 2030).
Based on Material, the market is segmented into Soft-Side, and Hard-Side. Based on Luggage Type, the market is segmented into Duffle, Backpacks, and Trolley. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Stores, Factory Outlets, and Others. Based on Price Range, the market is segmented into Medium Range, Low Range, and Premium. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- LVMH SE (RIMOWA GmbH)
- Samsonite International S.A.
- Kering S.A
- Ace Co. Ltd.
- VIP Industries Limited
- DELSEY PARIS
- United States Luggage Company, LLC.
- Travelpro Products, Inc. (MidOcean US Advisor, LP)
- JRSK, Inc.
- Targus
Market Report Segmentation
By Material- Soft-Side
- Hard-Side
- Duffle
- Backpacks
- Trolley
- Specialty Stores
- Supermarkets/Hypermarkets
- Online Stores
- Factory Outlets
- Others
- Medium Range
- Low Range
- Premium
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Europe Travel Bag Market by Material
Chapter 6. Europe Travel Bag Market by Luggage Type
Chapter 7. Europe Travel Bag Market by Distribution Channel
Chapter 8. Europe Travel Bag Market by Price Range
Chapter 9. Europe Travel Bag Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- LVMH SE (RIMOWA GmbH)
- Samsonite International S.A.
- Kering S.A
- Ace Co. Ltd.
- VIP Industries Limited
- DELSEY PARIS
- United States Luggage Company, LLC.
- Travelpro Products, Inc. (MidOcean US Advisor, LP)
- JRSK, Inc.
- Targus
Methodology
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