The global demand for Travel Bags Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Travel bags refers to a bags that are used by tourists, travellers, and trekker to carry their clothes and other belonging. The most common types of travel bags are duffel bags, wheeled backpacks, rolling luggage, weekenders, totes, and travel packs. The outer side variants are manufactured using materials such as polypropylene, polycarbonate and acrylonitrile-butadiene-styrene (ABS) and are suitable for carrying electronic gadgets and fragile products. On the side, the durable and light-weight soft-side variants are manufactured using nylon, polyester, cotton, leather and vinyl. These travel bags are available in a variety of sizes, patterns and colors. It can be customized according to the consumers’ demands.
The growing tourism industry, along with rapid urbanization across the globe, currently represents as one of the key factors driving the growth of the market. Furthermore, consumers are now more inclined to spend on premium and luxury travel bags and continuously changing in trends is also providing boost to the market growth. Consumers are progressively adopting luggage and travel bags, which are made using natural and organic fabric dyes, organic canvas, recycled leather and other eco-friendly materials. Apart from this development of the online retailing market is projected to drive the market further.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of travel bags.
The entire travel bags market has been sub-categorized into material, luggage type, price range, demography, distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Luggage Type
By Price Range
By Distribution Channel
- Premium Price
- Medium Price
- Low Price
- Supermarkets and Hypermarkets
- Specialty Stores
- Factory Outlets
- Online Stores
This section covers regional segmentation which accentuates on current and future demand for travel bags market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Travel Bags Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the travel bags market include Delsey SA, Deuter Sport, Fenix Outdoor, Hermès, Kering, Louis Vuitton, Lowe Alpine, LVMH, Osprey, Rimowa, Samsonite, Timbuk2, Victorinox, VIP Industries. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.