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Travel and Business Bags Market in the US 2015-2019

Travel and Business Bags Market in the US 2015-2019

About Travel and Business Bags Market in the US

The travel and business bags market in the US is expected to grow consistently during 2015-2019, owing to an increase in travel and tourism activities and the rising number of business travelers in the country. The surge in travel traffic has increased the sales of the travel and business bags. The travel and business bags market in the US has five segments: Backpacks, business bags, duffle bags, suitcases, and trolley bags. The duffle bags segment dominated the market both in terms of volume and revenue in 2014.Technavio predicts that the travel and business bags market in US will grow at a CAGR of 13.58% and 8.31%, in terms of revenue and volume respectively, during 2014-2019.

Covered in this Report

This report provides an overview and in-depth analysis of the travel and business bags market in the US. The report considers 2014 as the base year. It also presents the vendor landscape and detailed analysis of the nine major vendors in the market.

Key Vendors

  • Briggs & Riley Travelware
  • Delsey
  • Louis Vuitton
  • Rimowa
  • Samsonite International
  • Travelpro International
  • Tumi Holdings
  • V.F. Corporation
  • Victorinox
Other Prominent Vendors
  • Adidas
  • Amazonlife
  • Anyvention
  • Aldo
  • Alfred Dunhill
  • Boconi
  • Bottega Veneta
  • Caribee
  • Donna Karan International (DKNY)
  • Ferrari
  • Gianni Versace
  • IT Luggage
  • Jany Luggage
  • Lulu Guinness
  • Mandarina Duck
  • Pierre Cardin
  • Prada
  • Puma
  • Ralph Lauren
  • Real Deal
  • River Island
  • Russell & Bromley
  • TOD's
  • Wenger
Market Driver
  • Increase in consumer income level
  • For a full, detailed list, view our report
Market Challenge
  • Increase in competition from local brands and counterfeit products
  • For a full, detailed list, view our report
Market Trend
  • Rise in demand for luggage courier service
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Travel and Business Bags Market in the US 2015-2019

Technavio recognizes the following companies as the key players in Travel and Business Bags Market in the US: Briggs & Riley Travelware, Delsey, Louis Vuitton, Rimowa, Samsonite International, Travelpro International, Tumi Holdings, V.F. Corporation and Victorinox

Other Prominent Vendors in the market are: Adidas, Amazonlife, Anyvention, Aldo, Alfred Dunhill, Boconi, Bottega Veneta, Caribee, Donna Karan International (DKNY), Ferrari, Gianni Versace, IT Luggage, Jany Luggage, Lulu Guinness, Mandarina Duck, Pierre Cardin, Prada, Puma, Ralph Lauren, Real Deal, River Island, Russell & Bromley, TOD's and Wenger

Commenting on the report, an analyst from Technavio’s team said: “Vendors in the market are investing heavily in R&D to design and launch innovative products that enhance their value through better product portfolios. These R&D activities focus on identifying effective raw materials for luggage products, designs that meet consumer requirements, and methods that reduce production costs and increase profitability. Therefore, increasing spending on R&D is expected to have a positive influence on the growth of the market during the forecast period.”

According to the report, vendors operating in the travel and business bags market in the US are introducing various trade offers for consumers as well as retailers to trigger sales of travel and business bags. Discount offers, exchange offers, and festive offers are some of the trade deals being provided through various distribution channels in the country. These offers attract consumers, increase the customer base for a brand, and increase sales revenue for vendors.

Further, the report states that one of the main challenges hindering the growth of the market is the increasing competition from local brands.

Companies Mentioned

Briggs & Riley Travelware, Delsey, Louis Vuitton, Rimowa, Samsonite International, Travelpro International, Tumi Holdings, V.F. Corporation, Victorinox, Adidas, Amazonlife, Anyvention, Aldo, Alfred Dunhill, Boconi, Bottega Veneta, Caribee, Donna Karan International (DKNY), Ferrari, Gianni Versace, IT Luggage, Jany Luggage, Lulu Guinness, Mandarina Duck, Pierre Cardin, Prada, Puma, Ralph Lauren, Real Deal, River Island, Russell & Bromley, TOD's, Wenger

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
      • Table Scope of the Report
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Country Profile: US
    • Overview
      • Table GDP Per Capita 2009-2014 ($)
      • Table US Population 2009-2014 (millions)
      • Table US Population by Age 2014 (millions)
    • PEST Analysis
      • Table PEST Analysis for Luggage Industry in US
  • Factors Affecting Global Luggage Market
    • Economic indicators - global
      • Table Growth in World GDP and Per Capita GDP 2009-2014
      • Table Key Global Economic Indicators Affecting Luggage Industry
      • Table Top Five Populous Countries 2014
      • Table Comparison of GDP Growth Rate: Advanced Economies Versus Emerging Economies 2014
      • Table Annual Investments in Advanced and Developed Economies 2009-2014 (% of GDP)
    • Travel and tourism industry
      • Table Spending on Travel and Tourism 1990-2020 ($ billion)
      • Table Top Five Revenue Generating Destinations in Travel and Tourism Industry 2013 ($ billion)
    • E-commerce
      • Table Segmentation of Global E-commerce Market by Geography 2014
      • Table Global Share of Digital Buyers 2014
      • Table Global Share of Digital Buyers by Geography 2013-2019
      • Table Leading Countries in Global Retail E-commerce Market 2014-2019
    • Advertising and Marketing Campaigns
      • Table Overview of Social Media Activity of Luggage Companies
  • Distribution Channels in Global Luggage Industry
    • Analysis of Distribution Channels for Luggage and Travel bags
      • Key Facts
        • Table Analysis of Distribution Channels in Luggage Industry
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • By Revenue
        • Table Travel and Business Bags Market in US 2014-2019 ($ billions)
      • By Volume
        • Table Travel Bags Market in US 2014-2019 (million units)
        • Table Growth Rate Comparison of Revenue and Volume for the Travel and Business Bags Market in US 2010-2019
      • ASP, PCC, and PCE of travel bags in US
        • Table ASP ($), PCC (units), and PCE ($) on Travel Bags in US 2009-2019
      • Consolidated Data for Travel Bags Market in US
        • Table Consolidated Data for Travel Bags Market in US 2009-2019
  • Market Growth Drivers
    • Table Economic Indicators 2007-2014
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Large Bag (up to 65 lbs.) Shipped from New York to Los Angeles (Round Trip)
    • Table Small Bag (up to 25lbs.) Shipped from New York to Los Angeles (Round Trip)
  • Trends and their Impact
  • Five Forces Analysis
  • Market Segmentation by Product
    • Table Travel and Business Bags Market Segmentation By Revenue
    • Table Travel and Business Bags Market Segmentation by Volume
    • Table Overview of the Travel and Business Bags Market in US
    • Table Travel and Business Bags Segment's CAGR Comparison
  • Market Segmentation by Distribution Channel
    • Table Segmentation of Travel and Business Bags Market in US By Distribution Channel 2014
  • Buying Criteria
  • Vendor Landscape
    • Competitive Scenario
    • Key Vendors in the Market
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Briggs & Riley Travelware
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Delsey
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • LVMH Group
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table LVMH Group: Business Segmentation 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table LVMH Group: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table LVMH Group: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Rimowa
      • Key Facts
      • Business Overview
      • Key Products Categories
        • Table Rimowa: Key Products Categories
      • Recent Developments
      • SWOT Analysis
    • Samsonite
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Samsonite: Business Segmentation 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Samsonite: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2014
        • Table Samsonite: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Travelpro
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
    • Tumi
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Tumi: Business Segmentation 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Tumi: Business Segmentation by Revenue 2013 and 2014 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table Tumi: Geographical Segmentation by Revenue 2014
      • SWOT Analysis
    • VF
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table VF: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table VF: Business/Product Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table VF: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Victorinox
      • Key Facts
      • Business Overview
      • Key Product Categories
        • Table Victorinox: Key Product Categories
      • SWOT Analysis
  • Other Reports in this Series

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