Global Baggage Packaging Service Market 2018-2022
About baggage packaging service
It has been observed that every year, the number of people opting for air travel is increasing due to the rising disposable income of people across the globe and growing number of airports and routes. As per the World Bank, during 2011, around 3 billion passengers travelled by air. In addition, it has been observed that this number is steadily increasing.
Technavio’s analysts forecast the Global baggage packaging service market to grow at a CAGR of 4.20% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global baggage packaging service market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of baggage packaging service market at airports, baggage packaging service market at railway stations, and baggage packaging service market at other locations.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Baggage Packaging Service Market 2018-2022
Technavio recognizes the following companies as the key players in the Global baggage packaging service market: BAGPORT, Safe Bag, Seal & Go, Secure Wrap, TrueStar Group
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is increasing opportunities at railway and bus stations”
According to the report, one driver that is affecting the market is rise in number of air passengers”
Further, the report states that one challenge that is affecting the market is availability of alternatives hindering market growth”
Seal & Go
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