
Bags and Luggage in Hong Kong, China
Description
Bags and Luggage in Hong Kong, China
After a significant rebound for luxury handbags in 2023, sales of bags and luggage in Hong Kong are declining in both retail volume and value terms in 2024. A less severe value decline compared to volume is due to a further rise in the average unit price, driven by luxury brands. Historically, international tourists, especially from mainland China, represented a significant proportion of consumers for luxury personal accessories in Hong Kong. Despite less of a price advantage due to the unfavour...
Euromonitor International's Bags and Luggagein Hong Kong, 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
18 Pages
- Bags and Luggage in Hong Kong, China
- Euromonitor International
- December 2024
- List Of Contents And Tables
- BAGS AND LUGGAGE IN HONG KONG, CHINA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Limited growth for luxury handbags due to shift in tourist spending
- Foldable and portable aspects remain essential purchase criteria for luggage
- Crossbody bags remains fashionable among younger audiences
- PROSPECTS AND OPPORTUNITIES
- Vintage luxury handbags expected to gain further growth momentum
- Increasing adoption of digital payments impacts demand for wallet and coin pouches
- 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 HONG KONG, 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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.