The Luggage Market report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Additionally, the report also highlights market entry strategies for various companies across the globe along with pipeline and product analysis. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Luggage market. It has also covered and analyzed the potential of Luggage market and provides statistics and information on market size, shares and growth factors.
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About Luggage Industry
The India branded luggage bags market is dominated by three players, Samsonite, VIP Industries Limited and Safari. The market will be competitive, due to more foreign brands plan to expand its market share, like Tommy Hilfiger, Delsey, Briggs and Riley, Rimowa, VF Corporation (Eagle Creek and Eastpak), Travelpro and Victorinox etc. These brands are tapping the evolving Indian consumer at a rapid pace. The competition is expected to intensify further as these players are estimated to make a significant contribution in the organized segment of luggage industry. If the branded luggage bags sector can hold its growth momentum, then the luggage industry is going to be the leading player in the consumer durables category in the next couple of years.
Hypermarket channel continues to witness the strongest growth amongst all channels suggesting that Indian consumers are showing preference towards affordable luggage and convenience of modern shopping formats which are clean and air conditioned. E-commerce is another channel to look for in the near future as it rapidly expands with Indian consumers.
The worldwide market for Luggage is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Luggage in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Luggage market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Luggage market are:–
- Samsonite India
VIP Industries Limited
Briggs and Riley
VF Corporation (Eagle Creek and Eastpak)
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Important application areas of Luggage are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Luggage market. The market study on Global Luggage Market 2018 report studies present as well as future aspects of the Luggage Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
Application of Luggage Market are:
Casual Luggage Bag
Travel Luggage Bag
Business Luggage Bag
Product Segment Analysis of the Luggage Market is:
General Trolley Bags
Hard Luggage Trolley Bags
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This research report consists of the world’s crucial region market share, size (volume), trends including the product profit, price, Value, production, capacity, capability utilization, supply, and demand and industry growth rate.
Geographically this report covers all the major manufacturers from India, China, USA, UK, and Japan. The present, past and forecast overview of Luggage market is represented in this report.
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Research objectives of Luggage Market:
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
Key Benefits of having Luggage Market Report
• This report will help to develop Business Strategies by understanding the trends shaping and driving Luggage market
• Organize sales and marketing efforts by identifying the best opportunities for Luggage market
• To understand the future market competition in the Luggage market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Report Price: USD 3480
No of Pages in Luggage Market: 118
Analysis & Forecast Time Period: 2015-2024
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