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Global Luggage (Business Bags, Travel Bags and Casual Bags) Market: Size, Trends and Forecast (2019-2023)

Global Luggage (Business Bags, Travel Bags and Casual Bags) Market: Size, Trends and Forecast (2019-2023)

Scope of the Report

The report entitled “Global Luggage (Business Bags, Travel Bags and Casual Bags) Market: Size, Trends and Forecast (2019-2023)” 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 2019-2023, 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 can be defined as bags or other items which are used by people for storing and carrying their belongings safely. Various kinds of luggage include plastic bags, jute bags, leather bags, backpacks, suitcase etc. Steps involved in the manufacturing of luggage includes cutting, preparing components, assembling and quality check and packing. The luggage industry is undergoing continuous evolution in terms of new brands and styles which has given the consumers more choices than ever before.

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 (2019-2023). 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
Table 1: Luggage Manufacturing Process
2.1.3 Categories of Luggage
Table 2: Categories of Luggage
2.2 Luggage Segmentation: An Overview
2.2.1 Luggage Segmentation by Distribution Channel
Table 3: Luggage Segmentation by Distribution Channel
2.2.2 Luggage Segmentation by Material Type and Product Type
Table 4: Luggage Segmentation by Material Type and Product Type
2.2.3 Luggage Segmentation by Price and Purpose
Table 5: 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
Table 6: Global Luggage Market by Value; 2014-2018 (US$ Billion)
Table 7: Global Luggage Market by Value; 2019-2023 (US$ Billion)
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)
Table 8: Global Luggage Market by Region; 2018 (Percentage, %)
3.1.3 Global Luggage Market by Segments (Casual bags, Travel bags and Business bags)
Table 9: Global Luggage Market by Segments; 2018 (Percentage, %)
3.2 Global Luggage Market: Segment Analysis
3.2.1 Global Business Bags Market by Value
Table 10: Global Business Bags Market by Value; 2014-2018 (US$ Billion)
Table 11: Global Business Bags Market by Value; 2019-2023 (US$ Billion)
3.2.2 Global Travel Bags Market by Value
Table 12: Global Travel Bags Market by Value; 2014-2018 (US$ Billion)
Table 13: Global Travel Bags Market by Value; 2019-2023 (US$ Billion)
3.2.3 Global Casual Bags Market by Value
Table 14: Global Casual Bags Market by Value; 2014-2018 (US$ Billion)
Table 15: Global Casual Bags Market by Value; 2019-2023 (US$ Billion)
4. Regional Market Analysis
4.1 North America Luggage Market: An Analysis
4.1.1 North America Luggage Market by Value
Table 16: North America Luggage Market by Value; 2015-2018 (US$ Billion)
Table 17: North America Luggage Market by Value; 2019-2023 (US$ Billion)
4.2 Central and South America Luggage Market: An Analysis
4.2.1 Central and South America Luggage Market by Value
Table 18: Central and South America Luggage Market by Value; 2015-2018 (US$ Billion)
Table 19: Central and South America Luggage Market by Value; 2019-2023 (US$ Billion)
4.3 Europe Luggage Market: An Analysis
4.3.1 Europe Luggage Market by Value
Table 20: Europe Luggage Market by Value; 2015-2018 (US$ Billion)
Table 21: Europe Luggage Market by Value; 2019-2023 (US$ Billion)
4.4 Asia Pacific Luggage Market: An Analysis
4.4.1 Asia Pacific Luggage Market by Value
Table 22: Asia Pacific Luggage Market by Value; 2015-2018 (US$ Billion)
Table 23: Asia Pacific Luggage Market by Value; 2019-2023 (US$ Billion)
4.4.2 Japan Luggage Market by Value
Table 24: Japan Luggage Market by Value; 2015-2018 (US$ Billion)
Table 25: Japan Luggage Market by Value; 2019-2023 (US$ Billion)
4.4.3 China Luggage Market by Value
Table 26: China Luggage Market by Value; 2015-2018 (US$ Billion)
Table 27: China Luggage Market by Value; 2019-2023 (US$ Billion)
4.4.4 Asia Pacific (Excluding Japan and China) Luggage Market by Value
Table 28: Asia Pacific (Excluding Japan and China) Luggage Market by Value; 2015-2018 (US$ Billion)
Table 29: Asia Pacific (Excluding Japan and China) Luggage Market by Value; 2019-2023 (US$ Billion)
4.5 Middle East & Africa Luggage Market: An Analysis
4.5.1 Middle East & Africa Luggage Market by Value
Table 30: Middle East & Africa Luggage Market by Value; 2015-2018 (US$ Billion)
Table 31: Middle East & Africa Luggage Market by Value; 2019-2023 (US$ Billion)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Travel and Tourism Spending
Table 32: Global Travel and Tourism GDP; 2014-2023 (US$ Trillion)
5.1.2 Rapid Urbanization
Table 33: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
5.1.3 Growth of E-commerce
Table 34: Global Retail E-commerce Sales; 2014-2021 (US$ Trillion)
5.1.4 Rising Purchasing Power
Table 35: Global GDP in PPP Terms; 2000-2020 (US$ Trillion)
5.1.5 Rising Youth Population
Table 36: Global Youth Population; 2010-2025 (Billion)
5.1.6 Increasing Middle Class Population and Spending
Table 37: Global Middle Class Population; 2016-2028 (Billion)
Table 38: Global Middle Class Spending; 2016-2030 (US$ Trillion)
5.1.7 Growing Labor Force
Table 39: Global Labor Force; 2012-2018 (Billion)
5.1.8 Rise in Student Enrolment
Table 40: Global Higher Education Enrolment; 2015-2040 (Million)
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
Table 41: Global Smart Luggage Market by Value; 2016-2024 (US$ Million)
5.3.2 Surge in Online Advertising
Table 42: Global Digital Ad Spending; 2018-2023 (US$ Billion)
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
Table 43: Global Luggage Market Players Financial Comparison; 2018
6.2 Global Luggage Market Players by Brands
Table 44: Global Luggage Market Players by Brands
6.3 Global Luggage Market Players by Products
Table 45: Global Luggage Market Players by Products
6.4 Global Luggage Market Players by Brand Mapping
Table 46: Global Luggage Market Players by Brand Mapping
6.5 India Luggage Players by Market Share
Table 47: India Luggage Players by Market Share; 2018 (Percentage, %)
7. Company Profiles
7.1 Samsonite International S.A.
7.1.1 Business Overview
7.1.2 Financial Overview
Table 48: Samsonite International S.A. Net Sales; 2014-2018 (US$ Billion)
Table 49: Samsonite International S.A. Net Sales by Region; 2018 (Percentage, %)
7.1.3 Business Strategy
7.2 VF Corporation
7.2.1 Business Overview
7.2.2 Financial Overview
Table 50: VF Corporation Total Revenue; 2014-2018 (US$ Billion)
Table 51: VF Corporation Total Revenue by Segments; 2018 (Percentage, %)
Table 52: VF Corporation Total Revenue by Region; 2018 (Percentage, %)
7.2.3 Business Strategy
7.3 LVMH Group (Rimowa)
7.3.1 Business Overview
7.3.2 Financial Overview
Table 53: LVMH Group Revenue; 2014-2018 (US$ Billion)
Table 54: LVMH Group Revenue by Segments; 2018 (Percentage, %)
Table 55: LVMH Group Revenue by Region; 2018 (Percentage, %)
7.3.3 Business Strategy
7.4 VIP Industries Limited
7.4.1 Business Overview
Table 56: VIP Industries Limited Brands
7.4.2 Financial Overview
Table 57: VIP Industries Limited Revenue; 2014-2018 (US$ Million)
Table 58: VIP Industries Limited Revenue by Region; 2018 (Percentage, %)
7.4.3 Business Strategy

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