Harrisburg, NC -- (SBWIRE) -- 04/12/2019 -- Global Travel Bags Market Insights, Forecast to 2025
Travel bags consist of bags or cases, or containers which can hold a travelers belongings while travelling. The travel bags are generally used to carry clothing, toiletries, small possessions, trip necessities, and souvenirs. In the present era, bags also represent their owner's wealth and fashion statement. The substantial boom in the travel and tourism sector (including medical tourism) fosters the demand for various types of travel bags. The robust movement of business travelers, further fuels the requirement of travel bags especially backpacks and trolleys.
The Global Travel Bags market was valued at $15,045 million in 2016, and is projected to reach $24,027 million in 2023, registering a CAGR of 7.1% from 2017 to 2023.
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Top Leading Companies are: VIP Industries,VF Corporation,Samsonite,Rimowa,Louis Vuitton,Dapai,Adidas,Nike,Winpard,OIWAS,WENGER,Samsonite,LI-NING,AmericanTourister,Caarany,Ace,Toread,NEWCOMER,KipLing,OZARK,HIGHLAND,Diplomat,NIKKO,Crown
Rise in travel and tourism has intensified the demand for travel bags. Besides, increase in urbanization, changes in lifestyle, and demand for innovative products such as polycarbonated luggage is further expected to impel the global travel bag market between 2017 and 2023. Increase in purchasing power of middle class households especially in the developing regions is anticipated to create more demand for premium and fashionable travel bags in the region. The advancement in technology such as development of smart luggage with GPS system tracker is also projected to expand the growth of overall market during the forecast period (2017-2023).
Contents of the 15 Chapters for This Travel Bags Market Study:-
Chapter 1, to describe Travel Bags Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Travel Bags , with sales, revenue, and price of Travel Bags , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Travel Bags, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Travel Bags market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Travel Bags sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Travel Bags Market, by Type:
Backpacks
Suitcases or Trolley Bags
Duffle Bags
Travel Bags Market, by End User:
Men
Women
Leading industry brands continue to maintain a strong hold in established market. However, developing regional markets include a wide range of domestic brands, which contribute a sizeable share to the total market revenues. However, counterfeits have been a major challenge to the global travel luggage market. Although these counterfeit products are of low quality, a specific consumer base tends to buy products owing to their inexpensive prices compared to authenticated brand products.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Travel Bags Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Travel Bags Market Carrier and assist manufacturers and investment organization to better grasp the development course of Travel Bags Market.
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Important attributes of the report:
The 360-degree Travel Bags overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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