Insights into the Industry

The luggages industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of luggages ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the luggages market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards luggages 's market proceeds.

This market research report is a comprehensive overview of the events taking place in the luggages industry and impacting its growth. Our report divides the luggages market into various segments or categories based on products, applications, region, etc.  Additionally, our research analysts have listed the key players of the global luggages market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.

Market Research Store (MRS) published a brand new report titled “Luggages Market research report which is segmented by Products (Casual Bags, Travel Bags, Business Bags, Others), by Applications (Specialist Retailers, Factory Outlets, Internet Sales, Others), by Key Players/Companies Louis Vuitton, IT Luggage, VF Corporation, VIP Industries, Tumi, MCM Worldwide, Rimowa, Samsonite, Briggs & Riley Travelware”. In 2020, the global luggages market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.

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Scope of the report

Report Attributes Report Details
Report Title Luggages Market Research Report
By Products Casual Bags, Travel Bags, Business Bags, Others
By Applications Specialist Retailers, Factory Outlets, Internet Sales, Others
By Key Players Louis Vuitton, IT Luggage, VF Corporation, VIP Industries, Tumi, MCM Worldwide, Rimowa, Samsonite, Briggs & Riley Travelware
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA)
Countries Covered North America : U.S and Canada
Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe
APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific
Latin America : Mexico, Brazil
The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA
Base Year 2020
Historical Year 2016to 2020 (Depending on availability, data from 2010 can be offered)
Forecast Year 2028
Number of Pages 129
Customization Available Yes, the report can be tailored to meet your specific requirements.

Based on these findings, the global luggages industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, luggages industry study report has included all major manufacturers and distributors operating in the luggages market across all major regions.

Luggages Market Strategic Analysis

Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating luggages market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.

Global Luggages  Market Y-O-Y Forecast 2016 - 2028

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The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.

Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.

Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.

Luggages Market Key Trends Analysis

The key factors influencing the growth of the luggages market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.

Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.

Luggages Market Key Segment Analysis

The report delivers a critical assessment on the luggages market by segmenting it based on Products, Applications, and region. All the segments and categories of the luggages market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.

The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.

Based on Products, the global luggages market is segmented into Casual Bags, Travel Bags, Business Bags, Others. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.

Based on Applications, market is divided into Specialist Retailers, Factory Outlets, Internet Sales, Others. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.

Impact Assessment of COVID-19

The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the luggages market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.

The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.

Luggages Market Regional Trends and Market Player’s Analysis

On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.

The major players holding a huge chunk of market share in the global luggages market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.

Global Luggages  Market Regional Segmentation

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For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the luggages market.

Some of the leading players profiled in the global luggages market are,

  • Louis Vuitton
  • IT Luggage
  • VF Corporation
  • VIP Industries
  • Tumi
  • MCM Worldwide
  • Rimowa
  • Samsonite
  • Briggs & Riley Travelware

The Key Audiences for Luggages Market Report

  • Research Institutes & consulting firms
  • Industry Leaders, as well as companies, aspiring to enter the luggages market
  • Student and universities
  • Solution Providers, product providers, service providers, and other players in the industry
  • Associated private firms and government bodies
  • Individuals interested to learn about market

The report segments of the global luggages market are as follows:

Global Luggages Market: By Products

  • Casual Bags
  • Travel Bags
  • Business Bags
  • Others

Global Luggages Market: By Applications

  • Specialist Retailers
  • Factory Outlets
  • Internet Sales
  • Others

The Most Important Research Methodologies

Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.

Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major luggages . We interviewed them to get qualitative and quantitative data.

The following are the justifications for purchasing the global Luggages market report:

  • Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
  • Market development trends and marketing channels that are cutting-edge are discussed.
  • The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
  • The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
  • A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
  • Customization is possible based on the client's requirements.

Frequently Asked Questions

These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in Luggages business includes.

  • Louis Vuitton
  • IT Luggage
  • VF Corporation
  • VIP Industries
  • Tumi
  • MCM Worldwide
  • Rimowa
  • Samsonite
  • Briggs & Riley Travelware

As per Luggages market analysis, North America is forecasted to occupied major share in the Luggages market.

The statistical data of the dominant industry player of Luggages market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the Luggages market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.

The report come up with a segment of the Luggages market based on Type, Region, and Application, Also offer a determined view on the Luggages market.

The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.

The sample report for Luggages market can be received after the apply from the website.

Table Of Content

Table of Content 1 Luggages Market - Research Scope 1.1 Study Goals 1.2 Market Definition and Scope 1.3 Key Market Segments 1.4 Study and Forecasting Years 2 Luggages Market - Research Methodology 2.1 Methodology 2.2 Research Data Source 2.2.1 Secondary Data 2.2.2 Primary Data 2.2.3 Market Size Estimation 2.2.4 Legal Disclaimer 3 Luggages Market Forces 3.1 Global Luggages Market Size 3.2 Top Impacting Factors (PESTEL Analysis) 3.2.1 Political Factors 3.2.2 Economic Factors 3.2.3 Social Factors 3.2.4 Technological Factors 3.2.5 Environmental Factors 3.2.6 Legal Factors 3.3 Industry Trend Analysis 3.4 Industry Trends Under COVID-19 3.4.1 Risk Assessment on COVID-19 3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry 3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario 3.5 Industry Risk Assessment 4 Luggages Market - By Geography 4.1 Global Luggages Market Value and Market Share by Regions 4.1.1 Global Luggages Value ($) by Region (2015-2020) 4.1.2 Global Luggages Value Market Share by Regions (2015-2020) 4.2 Global Luggages Market Production and Market Share by Major Countries 4.2.1 Global Luggages Production by Major Countries (2015-2020) 4.2.2 Global Luggages Production Market Share by Major Countries (2015-2020) 4.3 Global Luggages Market Consumption and Market Share by Regions 4.3.1 Global Luggages Consumption by Regions (2015-2020) 4.3.2 Global Luggages Consumption Market Share by Regions (2015-2020) 5 Luggages Market - By Trade Statistics 5.1 Global Luggages Export and Import 5.2 United States Luggages Export and Import (2015-2020) 5.3 Europe Luggages Export and Import (2015-2020) 5.4 China Luggages Export and Import (2015-2020) 5.5 Japan Luggages Export and Import (2015-2020) 5.6 India Luggages Export and Import (2015-2020) 5.7 ... 6 Luggages Market - By Type 6.1 Global Luggages Production and Market Share by Types (2015-2020) 6.1.1 Global Luggages Production by Types (2015-2020) 6.1.2 Global Luggages Production Market Share by Types (2015-2020) 6.2 Global Luggages Value and Market Share by Types (2015-2020) 6.2.1 Global Luggages Value by Types (2015-2020) 6.2.2 Global Luggages Value Market Share by Types (2015-2020) 6.3 Global Luggages Production, Price and Growth Rate of Casual Bags (2015-2020) 6.4 Global Luggages Production, Price and Growth Rate of Travel Bags (2015-2020) 6.5 Global Luggages Production, Price and Growth Rate of Business Bags (2015-2020) 6.6 Global Luggages Production, Price and Growth Rate of Others (2015-2020) 7 Luggages Market - By Application 7.1 Global Luggages Consumption and Market Share by Applications (2015-2020) 7.1.1 Global Luggages Consumption by Applications (2015-2020) 7.1.2 Global Luggages Consumption Market Share by Applications (2015-2020) 7.2 Global Luggages Consumption and Growth Rate of Specialist Retailers (2015-2020) 7.3 Global Luggages Consumption and Growth Rate of Factory Outlets (2015-2020) 7.4 Global Luggages Consumption and Growth Rate of Internet Sales (2015-2020) 7.5 Global Luggages Consumption and Growth Rate of Others (2015-2020) 8 North America Luggages Market 8.1 North America Luggages Market Size 8.2 United States Luggages Market Size 8.3 Canada Luggages Market Size 8.4 Mexico Luggages Market Size 8.5 The Influence of COVID-19 on North America Market 9 Europe Luggages Market Analysis 9.1 Europe Luggages Market Size 9.2 Germany Luggages Market Size 9.3 United Kingdom Luggages Market Size 9.4 France Luggages Market Size 9.5 Italy Luggages Market Size 9.6 Spain Luggages Market Size 9.7 The Influence of COVID-19 on Europe Market 10 Asia-Pacific Luggages Market Analysis 10.1 Asia-Pacific Luggages Market Size 10.2 China Luggages Market Size 10.3 Japan Luggages Market Size 10.4 South Korea Luggages Market Size 10.5 Southeast Asia Luggages Market Size 10.6 India Luggages Market Size 10.7 The Influence of COVID-19 on Asia Pacific Market 11 Middle East and Africa Luggages Market Analysis 11.1 Middle East and Africa Luggages Market Size 11.2 Saudi Arabia Luggages Market Size 11.3 UAE Luggages Market Size 11.4 South Africa Luggages Market Size 11.5 The Influence of COVID-19 on Middle East and Africa Market 12 South America Luggages Market Analysis 12.1 South America Luggages Market Size 12.2 Brazil Luggages Market Size 12.3 The Influence of COVID-19 on South America Market 13 Company Profiles 13.1 Louis Vuitton 13.1.1 Louis Vuitton Basic Information 13.1.2 Louis Vuitton Product Profiles, Application and Specification 13.1.3 Louis Vuitton Luggages Market Performance (2015-2020) 13.2 IT Luggage 13.2.1 IT Luggage Basic Information 13.2.2 IT Luggage Product Profiles, Application and Specification 13.2.3 IT Luggage Luggages Market Performance (2015-2020) 13.3 VF Corporation 13.3.1 VF Corporation Basic Information 13.3.2 VF Corporation Product Profiles, Application and Specification 13.3.3 VF Corporation Luggages Market Performance (2015-2020) 13.4 VIP Industries 13.4.1 VIP Industries Basic Information 13.4.2 VIP Industries Product Profiles, Application and Specification 13.4.3 VIP Industries Luggages Market Performance (2015-2020) 13.5 Tumi 13.5.1 Tumi Basic Information 13.5.2 Tumi Product Profiles, Application and Specification 13.5.3 Tumi Luggages Market Performance (2015-2020) 13.6 MCM Worldwide 13.6.1 MCM Worldwide Basic Information 13.6.2 MCM Worldwide Product Profiles, Application and Specification 13.6.3 MCM Worldwide Luggages Market Performance (2015-2020) 13.7 Rimowa 13.7.1 Rimowa Basic Information 13.7.2 Rimowa Product Profiles, Application and Specification 13.7.3 Rimowa Luggages Market Performance (2015-2020) 13.8 Samsonite 13.8.1 Samsonite Basic Information 13.8.2 Samsonite Product Profiles, Application and Specification 13.8.3 Samsonite Luggages Market Performance (2015-2020) 13.9 Briggs & Riley Travelware 13.9.1 Briggs & Riley Travelware Basic Information 13.9.2 Briggs & Riley Travelware Product Profiles, Application and Specification 13.9.3 Briggs & Riley Travelware Luggages Market Performance (2015-2020) 14 Market Forecast - By Regions 14.1 North America Luggages Market Forecast (2020-2025) 14.2 Europe Luggages Market Forecast (2020-2025) 14.3 Asia-Pacific Luggages Market Forecast (2020-2025) 14.4 Middle East and Africa Luggages Market Forecast (2020-2025) 14.5 South America Luggages Market Forecast (2020-2025) 15 Market Forecast - By Type and Applications 15.1 Global Luggages Market Forecast by Types (2020-2025) 15.1.1 Global Luggages Market Forecast Production and Market Share by Types (2020-2025) 15.1.2 Global Luggages Market Forecast Value and Market Share by Types (2020-2025) 15.2 Global Luggages Market Forecast by Applications (2020-2025)

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