Kids trollies are luggage containers intended to be used by kids to carry traveling material like clothing, toiletries, trip necessities, and the souvenirs on the return trip. The kids trolley bags are of two types namely hard luggage trolley bags and soft luggage trolley bags. Most kids trolley bags are made using a number of different material such as wool, wood, leather, metal, plastic, fiber composite, and even recycled materials. The kids trolley bags are very lightweight and sports wheel mechanism, which enables small children to carry them easily. These trollies are gaining popularity among kids all around the world owing to their cartoon printed outlook and convenience.
an increase in the demand for ultra-lightweight trolley bags drives the growth of the global kids trolley market. The major factor responsible for the growth of the global kids trolley market is the development of the tourism industry due to rise in interest of consumers in tourism. Moreover, changing lifestyle due to urbanization in the emerging countries also drives the growth of the market. Good quality raw material which increases the durability of the trolley bags boosts the growth of the global kids trolley market. Attractive and illusive cartoons and super her- designs of the baggage products is anticipated to drive the growth of the global kids trolley market. an increase in the net worth of the working population in the developed countries also drives the growth of the global kids trolley market. However, Presence of counterfeit products and fluctuating prices of raw materials act as the major restraint for the kids trolley bags market. On the contrary, innovations in the design and quality of the baggage, including technological improvements with features coupled with attractive advertisement strategy is expected to provide opportunity to drive the growth of the global kids trolley market.
The kids trolley market is segmented on the basis of type, distribution channel, and region. Based on type, it is bifurcated into hard luggage and soft luggage. Based on distribution channel, it is divided into supermarkets/hypermarkets, specialty stores, online stores, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players analyzed in this report are Cabin Max, DC Comics (the Araca Group), Disney, Micro Mobility Systems AG, Samsonite, Trunki, TRUNKI, VIP, and
Wildkin.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS:
By Type
By Distribution Channel
By Region
North America
Europe
Asia-Pacific
LAMEA
an increase in the demand for ultra-lightweight trolley bags drives the growth of the global kids trolley market. The major factor responsible for the growth of the global kids trolley market is the development of the tourism industry due to rise in interest of consumers in tourism. Moreover, changing lifestyle due to urbanization in the emerging countries also drives the growth of the market. Good quality raw material which increases the durability of the trolley bags boosts the growth of the global kids trolley market. Attractive and illusive cartoons and super her- designs of the baggage products is anticipated to drive the growth of the global kids trolley market. an increase in the net worth of the working population in the developed countries also drives the growth of the global kids trolley market. However, Presence of counterfeit products and fluctuating prices of raw materials act as the major restraint for the kids trolley bags market. On the contrary, innovations in the design and quality of the baggage, including technological improvements with features coupled with attractive advertisement strategy is expected to provide opportunity to drive the growth of the global kids trolley market.
The kids trolley market is segmented on the basis of type, distribution channel, and region. Based on type, it is bifurcated into hard luggage and soft luggage. Based on distribution channel, it is divided into supermarkets/hypermarkets, specialty stores, online stores, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players analyzed in this report are Cabin Max, DC Comics (the Araca Group), Disney, Micro Mobility Systems AG, Samsonite, Trunki, TRUNKI, VIP, and
Wildkin.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global kids trolley market from 2018 to 2026 to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
KEY MARKET SEGMENTS:
By Type
- Hard Luggage
- Soft Luggage
By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Stores
- Others
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- UAE
- Rest of LAMEA
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Kids Trolley Bags Market By Type
Chapter 5: Kids Trolley Bags Market By Distribution Channel
Chapter 6: Kids Trolley Bags Market By Region
Chapter 7: Company Profiles
Executive Summary
According to the report titled, 'Kids Trolley Bags Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,' The global kids trolley bags market size was valued at $347.3 million in 2018 and is projected to reach $662.8 million by 2026, registering a CAGR of 8.6% from 2019 to 2026.Kids trollies are the type of wheeled suitcases or bags for kids. These are used to carry traveling material such as clothing, toiletries, trip necessities, and the souvenirs on the return trip. The hard luggage segment is anticipated to witness substantial growth owing to the rise in disposable income of consumers, thus enabling them to spend on luxury traveling products.
The factors that promote the growth of the kids trolley bags industry include changes in lifestyle, rise in tourism promotion, increase in accessibility of transport facilities, and others. Factors such as technological advancements increase easy access to hotel & transport booking through online portals, which further boost the market growth. Continuous development in the travel & tourism industry accelerate the growth of global travel & tourism industry, which in turn supplements the growth of the kids trolley bags market. Moreover, improvement in economic condition and growth in disposable income are the significant factors that propel the growth of the kids trolley market. However, rapid growth of the travel bag industry also attracts the counterfeit industry. This counterfeit industry is significantly growing across various industries. These fake products are generally of low quality and often lead to inconvenience & safety issues to consumers and develops negative perceptions among consumers, which is anticipated to hamper the of the global kids trolley bags market growth.
The kids trolley bags industry is segmented on the basis of type, distribution channel, and region. Based on type, the market is bifurcated into hard luggage and soft luggage. Based on distribution channel, the market is categorized into supermarkets/hypermarkets, specialty stores, online stores, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The hard luggage segment in the kids trolley bags market is expected to grow comparatively faster than soft luggage, witnessing a CAGR of 8.8%. This is attributed to higher durability of hard luggage kids trolley bags and increase in awareness about the luxury travel products. However, the soft luggage kids trolley bags is expected to grow at a CAGR of 8.4% throughout the forecast period owing to higher affinity of children toward duffel bags.
Based distribution channel, the online stores segment was the major revenue contributor to the global kids trolley bags market share in 2018. In addition, the specialty stores segment is expected to witness a gaining market share due to option of physical comparison between products before purchase.
Based on kids trolley bags market forecast by region, the market is dominated by Europe, particularly the highly developed regions such as the UK and Germany and followed by France. This can be attributed to higher outbound travels from these regions and higher disposable income of people in this region. Asia-Pacific is the fastest growing regional market with a CAGR of 10.3% throughout the forecast period. In addition, LAMEA is expected to witness a significant growth rate during the forecast period with an increase in the affluent population.
Key Findings of the Kids Trolley Bags Market:
In 2018, based on distribution channel, the online segment was the most prominent segment witnessing the highest growth during the forecast period.
In 2018, based on type, the hard luggage segment was the highest contributor to the market and is expected to grow at a significant growth rate throughout the forecast period.
In 2018, based on region, the Asia-Pacific regional segment accounted for one-fourth share and is projected to grow at the highest during the forecast period.
In 2018, based on region, Europe was the highest revenue contributor, accounting for the maximum share in the global market and is estimated to grow at a CAGR of 7.8%
The key players operating in this market are Cabin Max, DC Comics (the Araca Group), Disney, Micro Mobility Systems AG, Samsonite International SA, Trunki, TRUNKI, VIP Industries Ltd., and Wildkin. Leading players are continuously evaluating their products on durability, convenience and customer preference to provide seamless customer experience.
Companies Mentioned
- Cabin Max
- DC Comics (the Araca Group)
- Disney
- Micro Mobility Systems AG
- Samsonite
- Trunki
- TRUNKI
- VIP
- Wildkin
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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