Global Luggage Locks Market 2017-2021

  • ID: 4417850
  • Report
  • Region: Global
  • 63 pages
  • TechNavio
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FEATURED COMPANIES

  • Alpine Rivers
  • American Tourister
  • Delsey
  • FOSMON.com
  • Master Lock
  • Safe Skies
  • MORE
About Luggage Locks

A luggage lock is an instrument that prevents the luggage from opening by accident and secures the items inside it. Luggage comes in various categories such as travel bags, bag packs, duffel bags, laptop bags, and business traveling bags. The variation in consumer choice drives the demand for various luggage types. The increase in outdoor sports and adventure travels also push the demand for luggage bags in the market.

The analysts forecast the global luggage locks market to grow at a CAGR of 4.10% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global luggage locks market for 2017-2021. To calculate the market size, the report considers the retail value sales of luggage locks.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • ROW
The report, Global Luggage Locks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Hampton products International
  • Master Lock
  • Safe Skies
  • Samsonite
  • Sinox
Other prominent vendors
  • Alpine Rivers
  • American Tourister
  • Delsey
  • FOSMON.com
  • Skybags
Market drivers
  • Advances in product technology
  • For a full, detailed list, view the full report
Market challenges
  • Use of low-priced alternatives
  • For a full, detailed list, view the full report
Market trends
  • Increase in M&A activities
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alpine Rivers
  • American Tourister
  • Delsey
  • FOSMON.com
  • Master Lock
  • Safe Skies
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
PART 06: Five force analysis
  • Five forces analysis
PART 07: Market segmentation by product type
  • Global luggage locks market segmentation by product type
PART 08: Geographical segmentation
  • Global luggage locks market by geography
  • Luggage locks market in APAC
  • Market size and forecast
  • Luggage locks market in North America
  • Luggage locks market in Europe
  • Luggage locks market in ROW
PART 09: Key leading countries
  • US
  • Japan
  • China
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Increase in M&A activities
  • Growing online sales of luggage accessories
  • Increased demand for smart luggage locks
PART 13: Vendor landscape
  • Competitive scenario
  • Key competitive strategies
  • Other prominent vendors
PART 14: Key vendor analysis
  • Hampton Products International
  • Master Lock
  • Safe Skies
  • Samsonite
  • Sinox
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Contribution of global luggage locks market to global luggage market 2016
Exhibit 02: Segmentation of global luggage locks market 2016-2021
Exhibit 03: Global luggage locks market 2016-21 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global luggage locks market by product 2016 and 2021 (% revenue)
Exhibit 06: Global luggage locks market by product 2016-2021 ($ millions)
Exhibit 07: Global built-in luggage locks market 2016-2021 ($ millions)
Exhibit 08: Global external luggage locks market 2016-2021 ($ millions)
Exhibit 09: Global luggage locks market by geography 2016-2021 ($ millions)
Exhibit 10: Global luggage locks market by geography 2016 and 2021 (% share of revenue)
Exhibit 11: Luggage locks market in APAC 2016-2021 ($ millions)
Exhibit 12: Luggage locks market in North America 2016-2021 ($ millions)
Exhibit 13: Luggage locks market in Europe 2016-2021 ($ millions)
Exhibit 14: Luggage locks market in ROW 2016-2021 ($ millions)
Exhibit 15: Key leading countries
Exhibit 16: Global luggage market by product 2016-2021 ($ million)
Exhibit 17: Other prominent vendors
Exhibit 18: Master Lock: Recent developments
Exhibit 19: Safe Skies: Recent developments
Exhibit 20: Samsonite: Recent developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alpine Rivers
  • American Tourister
  • Delsey
  • FOSMON.com
  • Master Lock
  • Safe Skies
  • MORE
New Report Released: - Global Luggage Locks Market 2017-2021

The author of the report recognizes the following companies as the key players in the global luggage locks market: Hampton products International, Master Lock, Safe Skies, Samsonite, and Sinox

Other Prominent Vendors in the market are: Alpine Rivers, American Tourister, Delsey, FOSMON.com, and Skybags.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increase in M&A activities. Vendors are increasingly adopting M&A strategies to expand their business and gain more market shares. In August 2016, Samsonite acquired premium lifestyle brand Tumi, which offers a comprehensive line of business bags, travel bags, and travel accessories. Tumi has a strong customer base and is known for its high quality and durable premium luggage products.”

According to the report, one of the major drivers for this market is Advances in product technology. Vendors of luggage locks are focusing on product differentiation to expand their customer base. The frequent problem faced by most consumers who use combination digital-dial or zipper locks is forgetting the code or losing the key. Taking this into consideration, vendors are offering smart TSA luggage locks that have no key, digital wheel, and combination code.

Further, the report states that one of the major factors hindering the growth of this market is Use of low-priced alternatives. All bags at the airport are scanned through electronic screeners. If TSA authorities want to inspect the bag, they can unlock it with the master key or even break the lock if it is not TSA approved. Hence, luggage and luggage lock manufacturers make TSA-approved locks to simplify the inspection process.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Hampton products International
  • Master Lock
  • Safe Skies
  • Samsonite
  • Sinox
  • Alpine Rivers
  • American Tourister
  • Delsey
  • FOSMON.com
  • Skybags
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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