Luggage Market: Segmented by Application, Growth and Forecasts by Radiant Insights,Inc

Luggage and related luggage products are increasingly moving away from having only utilitarian value to functioning as fashion accessories. Luggage products have been gaining consumer interest with the growing popularity of outdoor sports and adventure travel, apart from a rise in the global travel industry. The market is expected to witness growing demand for durable luggage products that are also compact and lightweight. To cater to this demand, manufacturers are using materials like nylon, polyester, polycarbonates, faux leather, and microfibers.

The analysts forecast the global luggage market to grow at a CAGR of 6.07% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global luggage market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of luggage to individual consumers globally.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW

The report, Global Luggage Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Louis Vuitton
  • Rimowa
  • Samsonite
  • TUMI
  • VF Corporation

Other prominent vendors

  • AMG Group
  • Antler
  • CamelBak Products
  • Dakine
  • DELSEY
  • Deuter Sport
  • Etienne Aigner
  • Gelert
  • Gregory Mountain Products
  • High Sierra
  • Nike
  • Osprey Packs
  • Sierra Designs
  • Wildcraft
  • Valigeria Roncato
  • VIP Industries

Market driver

  • Consumer shifts toward high standard of living
  • For a full, detailed list, view our report

Market challenge

  • Soaring travel cost
  • For a full, detailed list, view our report

Market trend

  • Technological innovations in product features
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 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?

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About Radiant Insights,Inc

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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