Global Travel Bags Market Outlook 2018-2023
In this report, the global Travel Bags market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Global Travel Bags market 2018 competition by top manufacturers/players, with Travel Bags sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including
Dapai, Adidas, Nike, Winpard, OIWAS, WENGER, Samsonite, LI-NING, AmericanTourister, Caarany, Ace, Toread, NEWCOMER, KipLing, OZARK, HIGHLAND, Diplomat, NIKKO
Rising trend of fashionable and modular travel bags are boosting the growth of global travel bags market. Airlines have limitations and regulations for luggage weight thus people are more inclined towards light weighted travel bags. Light weight bags not only help the customers in fulfilling the luggage weight limit but also provide comfort while travelling. Moreover, increasing demand for travelling and adventurous sports are expected to boost the market for light weighted, strong and designer travel bags. Making travelling altogether a different experience is the main focus of leading market players.
Recently introduction of Modobag by Indiegogo has bought the revolution in entire luggage bag industry. Apart from trendy design Modobag is embedded GPRS-GSM tracking and dual USB charging port. Moreover, one can ride these bags on bike making it more efficient and easily transportable. Moreover, Hop or Spacecase designed by NUA robotics aims to make travelling more comfortable. These smart bags are equipped with bluetooth technology and camera sensors and are designed as self carried luggage bags.
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Acquisition of smaller and domestic brands by leading players helps key vendors to expand their profit margin and to make an exceptional presence in the global market. Samsonite’s acquisition of companies such as Tumi, Gregory Mountain Products, Speck and Liapult became a revolution for travel bags market. Leading industry players are also investing in marketing and R&D to manufacture innovative, lighter, stronger and cost effective products. In 2016, Samsonite invested USD 25.4 million in R&D for the development of innovative travel bags.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Travel Bags for these regions, from 2012 to 2022 (forecast), covering
United States, China, Europe, Japan, Southeast Asia, India
On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into,
Backpacks, Suitcases or Trolley Bags, Duffle Bags
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Travel Bags for each application, including
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