Travel Bags Market Size, Top Players & Forecast Report to 2026
Latest Travel Bags Market report published by Value Market Research provides a detailed market analysis comprising of market size, share, value, growth and trends for the period 2019-2026. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country market in detail.
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.
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Market Dynamics
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.
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Market Segmentation
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 Material
· Polyester
· Fabric
· Leather
· Others
By Luggage Type
· Duffle
· Trolley
· Backpacks
By Price Range
· Premium Price
· Medium Price
· Low Price
By Demography
· Male
· Female
By Distribution Channel
· Supermarkets and Hypermarkets
· Specialty Stores
· Factory Outlets
· Online Stores
· Others
Regional Analysis
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.
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