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Global Luggage (Business Bags, Travel Bags And Casual Bags) Market: Size, Trends And Forecast (2021-2025 Edition)

Published on: Mar 2021 | From USD $900 | Published By: DAEDAL RESEARCH | Number Of Pages: 86

Scope of the Report

The report entitled “Global Luggage (Business Bags, Travel Bags and Casual Bags) Market: Size, Trends and Forecast (2021-2025 Edition)” provides an in-depth analysis of the luggage market including detailed description of market sizing and growth. The report provides an analysis of the global luggage market by value and includes segment analysis as well. The report also includes regional analysis of the luggage market for the following regions: North America, Central and South America, Europe, Asia Pacific and Middle East & Africa.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall luggage market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the luggage market are Samsonite International S.A., VF Corporation, LVMH Group (Rimowa) and VIP Industries Limited. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Country Coverage

North America
Europe
Asia Pacific (Japan, China, Asia Pacific (Excluding Japan and China))
Middle East & Africa

Company Coverage

Samsonite International S.A.
VF Corporation
LVMH Group (Rimowa)
VIP Industries Limited

Executive Summary

Luggage has been segmented on the basis of distribution channel, material type, product type, price and purpose. On the basis of distribution channel, luggage has been divided into supermarkets/ hypermarkets, specialty stores, factory outlets, online stores and others. On the basis of material type, luggage has been segmented into hard-side and soft-side and the types of luggage has been divided into business, travel and casual. On the basis of price, luggage has been categorized into value & mid-level, premium and luxury and on the basis of purpose, luggage has been segmented into personal and commercial.

The global luggage market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2025). The market is expected to be driven by various growth enhancing factors such as growing travel and tourism spending, rapid urbanization, increasing middle class population and spending, etc. Some of the major challenges faced by the market are threat from counterfeit products and volatility in raw material prices.

1. Executive Summary

2. Introduction

2.1 Luggage: An Overview
2.1.1 Evolution of Luggage
2.1.2 Luggage Manufacturing Process
2.1.3 Categories of Luggage

2.2 Luggage Segmentation: An Overview
2.2.1 Luggage Segmentation by Distribution Channel
2.2.2 Luggage Segmentation by Material Type and Product Type
2.2.3 Luggage Segmentation by Price and Purpose

3. Global Market Analysis

3.1 Global Luggage Market: An Analysis

3.1.1 Global Luggage Market by Value
3.1.2 Global Luggage Market by Region (Asia Pacific (China, Japan and Asia Pacific (excluding Japan & China), North America, Europe, Central & South America, Middle East & Africa)
3.1.3 Global Luggage Market by Segments (Casual bags, Travel bags and Business bags)

3.2 Global Luggage Market: Segment Analysis

3.2.1 Global Business Bags Market by Value
3.2.2 Global Travel Bags Market by Value
3.2.3 Global Casual Bags Market by Value

4. Regional Market Analysis

4.1 North America Luggage Market: An Analysis
4.1.1 North America Luggage Market by Value

4.2 Central and South America Luggage Market: An Analysis
4.2.1 Central and South America Luggage Market by Value

4.3 Europe Luggage Market: An Analysis
4.3.1 Europe Luggage Market by Value

4.4 Asia Pacific Luggage Market: An Analysis
4.4.1 Asia Pacific Luggage Market by Value
4.4.2 Japan Luggage Market by Value
4.4.3 China Luggage Market by Value
4.4.4 Asia Pacific (Excluding Japan and China) Luggage Market by Value

4.5 Middle East & Africa Luggage Market: An Analysis
4.5.1 Middle East & Africa Luggage Market by Value

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Growing Travel and Tourism Spending
5.1.2 Rapid Urbanization
5.1.3 Growth of E-commerce
5.1.4 Rising Purchasing Power
5.1.5 Rising Youth Population
5.1.6 Increasing Middle Class Population and Spending
5.1.7 Rise in Student Enrolment

5.2 Challenges
5.2.1 Threat from Counterfeit Products
5.2.2 Volatility in Raw Material Prices

5.3 Market Trends
5.3.1 Rising Demand for Smart Luggage
5.3.2 Surge in Online Advertising
5.3.3 Growing Inclination Towards Branded Products
5.3.4 Use of Luggage as Fashion Accessory

6. Competitive Landscape

6.1 Global Luggage Market Players: Financial Comparison
6.2 Global Luggage Market Players by Brands
6.3 Global Luggage Market Players by Products
6.4 Global Luggage Market Players by Brand Mapping
6.5 India Luggage Players by Market Share

7. Company Profiles

7.1 Samsonite International S.A.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy

7.2 VF Corporation
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy

7.3 LVMH Group (Rimowa)
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy

7.4 VIP Industries Limited
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Figures

Figure 1: Luggage Manufacturing Process
Figure 2: Luggage Segmentation by Distribution Channel
Figure 3: Luggage Segmentation by Material Type and Product Type
Figure 4: Luggage Segmentation by Price and Purpose
Figure 5: Global Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 6: Global Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 7: Global Luggage Market by Region; 2020 (Percentage, %)
Figure 8: Global Luggage Market by Segments; 2020 (Percentage, %)
Figure 9: Global Business Bags Market by Value; 2016-2020 (US$ Billion)
Figure 10: Global Business Bags Market by Value; 2021-2025 (US$ Billion)
Figure 11: Global Travel Bags Market by Value; 2016-2020 (US$ Billion)
Figure 12: Global Travel Bags Market by Value; 2021-2025 (US$ Billion)
Figure 13: Global Casual Bags Market by Value; 2016-2020 (US$ Billion)
Figure 14: Global Casual Bags Market by Value; 2021-2025 (US$ Billion)
Figure 15: North America Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 16: North America Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 17: Central and South America Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 18: Central and South America Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 19: Europe Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 20: Europe Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 21: Asia Pacific Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 22: Asia Pacific Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 23: Japan Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 24: Japan Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 25: China Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 26: China Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 27: Asia Pacific (Excluding Japan and China) Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 28: Asia Pacific (Excluding Japan and China) Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 29: Middle East & Africa Luggage Market by Value; 2016-2020 (US$ Billion)
Figure 30: Middle East & Africa Luggage Market by Value; 2021-2025 (US$ Billion)
Figure 31: Global Travel and Tourism GDP; 2014-2023 (US$ Trillion)
Figure 32: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
Figure 33: Global Retail E-commerce Sales; 2014-2021 (US$ Trillion)
Figure 34: Global GDP in PPP Terms; 2000-2020 (US$ Trillion)
Figure 35: Global Youth Population; 2010-2025 (Billion)
Figure 36: Global Middle Class Population; 2016-2028 (Billion)
Figure 37: Global Middle Class Spending; 2016-2030 (US$ Trillion)
Figure 38: Global Higher Education Enrolment; 2015-2040 (Million)
Figure 39: Global Smart Luggage Market by Value; 2016-2024 (US$ Million)
Figure 40: Global Digital Ad Spending; 2018-2023 (US$ Billion)
Figure 41: Global Luggage Market Players by Brands
Figure 42: Global Luggage Market Players by Products
Figure 43: India Luggage Players by Market Share; 2020 (Percentage, %)
Figure 44: Samsonite International S.A. Net Sales; 2015-2019 (US$ Billion)
Figure 45: Samsonite International S.A. Net Sales by Region; 2019 (Percentage, %)
Figure 46: VF Corporation Total Revenue; 2019-2020 (US$ Billion)
Figure 47: VF Corporation Total Revenue by Segments; 2020 (Percentage, %)
Figure 48: VF Corporation Total Revenue by Region; 2020 (Percentage, %)
Figure 49: LVMH Group Revenue; 2016-2020 (US$ Billion)
Figure 50: LVMH Group Revenue by Segments; 2020 (Percentage, %)
Figure 51: LVMH Group Revenue by Region; 2020 (Percentage, %)
Figure 52: VIP Industries Limited Revenue; 2016-2020 (US$ Million)
Figure 53: VIP Industries Limited Revenue by Region; 2020 (Percentage, %)
Table 1: Categories of Luggage
Table 2: Global Luggage Market Players Financial Comparison; 2019
Table 3: Global Luggage Market Players by Brand Mapping
Table 4: VIP Industries Limited Brands

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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