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Report Description:
The global market for luggage cases was valued at USD XX Mn in 2018 and is expected to surpass a valuation of USD XX Mn by the year 2024. The market is expected to witness a compound annual growth rate (CAGR) of XX% during the assessment period (2019-2024). Luggage retail is viewed a high-growth sector across the global. Global sales of luggage or baggage, which include suitcase, backpacks, containers among others have continued to grow over the years.
This is a major driver of the market. Growth of the global tourism industry is also influencing the demand for luggage. Modern travel system makes luggage an essential commodity for travellers or passengers. There has been tremendous change in luggage design over the years.
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Luggage have come a long way from the typical trunks or chests which were made of wood or other heavy materials. Moreover, technological advances in the aviation sector along with better accessibility has leading to a higher number of travellers. As more and more individuals are opting to travel the world, the tourism industry grows further.
Samsonite is one of the leading companies engaged in manufacturing, marketing and selling of luggage. The company has an impressive global presence and represent major revenue share in key regional markets. North America is one of the most attractive regional markets for luggage cases. The region accounts for a significant share of the global market for luggage cases. Each year, many Americans travel internationally and inter-state. The large number of travellers make North America a key destination for market players.
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Global Luggage Cases Market: Segmentation
The segmental analysis of the global market for luggage cases has been conducted based on product type, end user and region.
Based on product type, the global market for luggage cases has been segmented into Product Type I, Product Type II and Product Type III. On the basis of end user, the market for luggage cases has been segmented into men and women. On the basis of region, the global market for luggage cases has been segmented into North America, South America, Asia & Pacific, Europe and MEA (Middle East and Africa).
Global Luggage Cases Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Luggage Cases industry. The key Venders of the report:
Samsonite
LouisVuitton
American Tourister
Diplomat
Delsey
Rimowa
Dapai
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