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Bags and Luggage in China

Publisher Euromonitor International
Published Dec 03, 2024
Length 20 Pages
SKU # EP19416773

Description

Bags and Luggage in China


Retail volume and current value sales of bags and luggage in China are projected to decline at a mid-single-digit rate in 2024. This downturn will primarily be driven by a strong decrease in sales of handbags, particularly luxury handbags, which is set to see double-digit declines. In 2024, as the post-pandemic recovery of the Chinese economy has fallen short of expectations, growing uncertainty about the future has prompted consumers to adopt a more cautious approach to everyday spending, resul...

Euromonitor International's Bags and Luggagein China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Bags, Luggage.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Bags and Luggage market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

20 Pages
Bags and Luggage in China
Euromonitor International
December 2024
List Of Contents And Tables
BAGS AND LUGGAGE IN CHINA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Bags and luggage declines in 2024 due to weak domestic demand
Leading players experience poor performances in China, except Hermès
Miu Miu enjoys high growth by targeting young Chinese consumers
PROSPECTS AND OPPORTUNITIES
Rapid rebound anticipated for luxury handbags, but slower recovery for luggage
Rising participation in sport set to boost sales of sports bags
E-commerce growth deepens with rise of interest-based social media platforms
CATEGORY DATA
Table 1 Sales of Bags and Luggage by Category: Volume 2019-2024
Table 2 Sales of Bags and Luggage by Category: Value 2019-2024
Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2019-2024
Table 4 Sales of Bags and Luggage by Category: % Value Growth 2019-2024
Table 5 Sales of Luggage by Type: % Value 2019-2024
Table 6 NBO Company Shares of Bags and Luggage: % Value 2020-2024
Table 7 LBN Brand Shares of Bags and Luggage: % Value 2021-2024
Table 8 Distribution of Bags and Luggage by Format: % Value 2019-2024
Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2024-2029
Table 10 Forecast Sales of Bags and Luggage by Category: Value 2024-2029
Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2024-2029
PERSONAL ACCESSORIES IN CHINA
EXECUTIVE SUMMARY
Personal accessories in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
MARKET DATA
Table 13 Sales of Personal Accessories by Category: Volume 2019-2024
Table 14 Sales of Personal Accessories by Category: Value 2019-2024
Table 15 Sales of Personal Accessories by Category: % Volume Growth 2019-2024
Table 16 Sales of Personal Accessories by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Personal Accessories: % Value 2020-2024
Table 18 LBN Brand Shares of Personal Accessories: % Value 2021-2024
Table 19 Distribution of Personal Accessories by Format: % Value 2019-2024
Table 20 Forecast Sales of Personal Accessories by Category: Volume 2024-2029
Table 21 Forecast Sales of Personal Accessories by Category: Value 2024-2029
Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2024-2029
Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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