Global Leather Luggage Market 2021-2025
Technavio has been monitoring the leather luggage market and it is poised to grow by $ 22.93 bn during 2021-2025, progressing at a CAGR of 5% during the forecast period. Our report on leather luggage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing number of product launches and growing prominence for online shopping. In addition, increasing number of product launches is anticipated to boost the growth of the market as well.
The leather luggage market analysis includes product segment and geographical landscapes.
Technavio's leather luggage market is segmented as below:
- Travel bags
- Casual bags
- Business bags
By Geographical Landscapes
- North America
- South America
This study identifies the rising number of initiatives as one of the prime reasons driving the leather luggage market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on leather luggage market covers the following areas:
- Leather luggage market sizing
- Leather luggage market forecast
- Leather luggage market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading leather luggage market vendors that include Bellroy Pty Ltd., Hermes International, Hidesign, Kering SA, Leatherology, LVMH Moet Hennessy - Louis Vuitton, MAHI Leather Ltd., Samsonite International SA, Tapestry Inc., and VIP Industries Ltd. Also, the leather luggage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.