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Global Travel and Business Bags Market 2019-2023 - Product Image

Global Travel and Business Bags Market 2019-2023

  • ID: 4761573
  • Report
  • Region: Global
  • 143 pages
  • TechNavio
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FEATURED COMPANIES

  • CAPRI HOLDINGS LIMITED
  • Kering SA
  • LVMH
  • Tapestry, Inc
  • VF Corporation
  • MORE
Lightweight bags are best suited for travel. This is because of the continuous enforcement of strict weight regulations and the sharply rising fares on luggage by the airline industry. Hence, vendors operating in the market are introducing lightweight travel bags by using high-end technologies and hard-sided materials to address this growing demand. Lightweight and ultra-light travel bags are convenient to carry during travel and save luggage weight charges. They also allow users to carry more luggage and offer them leverage to shop at their travel destinations within their stipulated luggage allowance. The analysts have predicted that the travel and business bags market will register a CAGR of almost 7% by 2023.

Market Overview

Increased product and brand promotions and marketing campaigns

Vendors of travel and business bags invest heavily in the marketing and promotion of their products. They focus on consumer engagement, reinforcement of brand relevance, increasing brand awareness, and guiding consumers to stores or shopping websites. Vendors use various methods to increase their brand equity and promote their products, such as direct marketing, which includes e-mail, print advertising, catalogs, and brochures; in-store events; and Internet marketing techniques.

Rising labor cost and fluctuating raw material prices

Changing economic conditions also adversely affect the labor cost of other countries from where these companies import supply. Therefore, an increase in the production cost lowers the profit margins of vendors, which is a challenge for the market. Therefore, vendors adopt and invest in new technologies. engage in collaborations and automate their manufacturing processes.

For the detailed list of factors that will drive and challenge the growth of the travel and business bags market during the 2019-2023, view this report.

Competitive Landscape

The market appears to be highly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CAPRI HOLDINGS LIMITED
  • Kering SA
  • LVMH
  • Tapestry, Inc
  • VF Corporation
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Travel bags - Market size and forecast 2018-2023
  • Business bags - Market size and forecast 2018-2023
  • Market opportunity by product
PART 09: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Growing demand for business and travel bags from travel retail outlets
  • Personalization and customization of travel and business bags
  • Increased demand for bags made of eco-friendly materials
  • Other trends
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • CAPRI HOLDINGS LIMITED
  • Kering SA
  • LVMH
  • Samsonite International S.A.
  • Tapestry, Inc.
  • VF Corporation
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global luggage market
Exhibit 02: Segments of global luggage market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Household and NPISHs final consumption expenditure per capita 2011-2016 (constant 2010 $)
Exhibit 06: Household disposable income per capita 2011-2016 (US$)
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2018
Exhibit 09: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 10: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 11: Five forces analysis 2018
Exhibit 12: Five forces analysis 2023
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2018
Exhibit 19: Distribution channel - Market share 2018-2023 (%)
Exhibit 20: Comparison by distribution channel
Exhibit 21: Offline - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Offline - Year-over-year growth 2019-2023 (%)
Exhibit 23: Online - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: Online - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by distribution channel
Exhibit 26: Customer landscape
Exhibit 27: Product - Market share 2018-2023 (%)
Exhibit 28: Comparison by product
Exhibit 29: International tourism, number of departures across the world 2012-2017 (millions)
Exhibit 30: Travel bags - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: Travel bags - Year-over-year growth 2019-2023 (%)
Exhibit 32: Employment in services (% of total employment), Global 2012-2018
Exhibit 33: Business bags - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: Business bags - Year-over-year growth 2019-2023 (%)
Exhibit 35: Market opportunity by product
Exhibit 36: Market share by geography 2018-2023 (%)
Exhibit 37: Geographic comparison
Exhibit 38: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 40: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 42: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 43: North America - Year-over-year growth 2019-2023 (%)
Exhibit 44: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 45: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 46: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 47: South America - Year-over-year growth 2019-2023 (%)
Exhibit 48: Key leading countries
Exhibit 49: Market opportunity
Exhibit 50: International tourism expenditures for US and China 2012-2017 (current US$ billion)
Exhibit 51: Impact of drivers and challenges
Exhibit 52: Vendor landscape
Exhibit 53: Landscape disruption
Exhibit 54: Vendors covered
Exhibit 55: Vendor classification
Exhibit 56: Market positioning of vendors
Exhibit 57: CAPRI HOLDINGS LIMITED - Vendor overview
Exhibit 58: CAPRI HOLDINGS LIMITED - Business segments
Exhibit 59: CAPRI HOLDINGS LIMITED - Organizational developments
Exhibit 60: CAPRI HOLDINGS LIMITED - Geographic focus
Exhibit 61: CAPRI HOLDINGS LIMITED - Segment focus
Exhibit 62: CAPRI HOLDINGS LIMITED - Key offerings
Exhibit 63: Kering SA - Vendor overview
Exhibit 64: Kering SA - Business segments
Exhibit 65: Kering SA - Organizational developments
Exhibit 66: Kering SA - Geographic focus
Exhibit 67: Kering SA - Segment focus
Exhibit 68: Kering SA - Key offerings
Exhibit 69: LVMH - Vendor overview
Exhibit 70: LVMH - Business segments
Exhibit 71: LVMH - Organizational developments
Exhibit 72: LVMH - Geographic focus
Exhibit 73: LVMH - Segment focus
Exhibit 74: LVMH - Key offerings
Exhibit 75: Samsonite International S.A. - Vendor overview
Exhibit 76: Samsonite International S.A. - Business segments
Exhibit 77: Samsonite International S.A. - Organizational developments
Exhibit 78: Samsonite International S.A. - Geographic focus
Exhibit 79: Samsonite International S.A. - Segment focus
Exhibit 80: Samsonite International S.A. - Key offerings
Exhibit 81: Tapestry, Inc. - Vendor overview
Exhibit 82: Tapestry, Inc. - Business segments
Exhibit 83: Tapestry, Inc. - Organizational developments
Exhibit 84: Tapestry, Inc. - Geographic focus
Exhibit 85: Tapestry, Inc. - Segment focus
Exhibit 86: Tapestry, Inc. - Key offerings
Exhibit 87: VF Corporation - Vendor overview
Exhibit 88: VF Corporation - Business segments
Exhibit 89: VF Corporation - Organizational developments
Exhibit 90: VF Corporation - Geographic focus
Exhibit 91: VF Corporation - Segment focus
Exhibit 92: VF Corporation - Key offerings
Exhibit 93: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CAPRI HOLDINGS LIMITED
  • Kering SA
  • LVMH
  • Tapestry, Inc
  • VF Corporation
  • MORE
Global Travel and Business Bags Market 2019-2023

The analyst recognizes the following companies as the key players in the global travel and business bags market: CAPRI HOLDINGS LIMITED, Kering SA, LVMH, Samsonite International S.A., Tapestry, Inc, VF Corporation.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing demand for business and travel bags from travel retail outlets.”

According to the report, one of the major drivers for this market is the rise in number of international tourists.

Further, the report states that one of the major factors hindering the growth of this market is the presence of counterfeit products.
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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  • CAPRI HOLDINGS LIMITED
  • Kering SA
  • LVMH
  • Samsonite International S.A.
  • Tapestry, Inc
  • VF Corporation
Note: Product cover images may vary from those shown
Order Online - visit: https://www.researchandmarkets.com/reports/4761573
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