MarketResearchNest.com presents “2018-2023 Global Luggage Consumption Market Report” new Research to its studies database. The records spread across 134 with more than one tables and figures in it.
This comprehensive Luggage Consumption research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Luggage market for 2018-2023.
This report studies the luggage bags, covering trolley bags in generaland Hard Luggage Trolley Bags.
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.
Over the next five years, LPI(LP Information) projects that Luggage will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Luggage market by product type, application, key manufacturers and key regions.
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Global Luggage Consumption in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting. A Global Luggage Consumption Market provides an extensive view of size; trends and shape have been developed in this report to identify factors that will exhibit a significant impact in boosting the sales of Global Luggage Consumption Market in the near future.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
General Trolley Bags
Hard Luggage Trolley Bags
Segmentation by application:
Casual Luggage Bag
Travel Luggage Bag
Business Luggage Bag
This report also splits the market by region:
Middle East and Africa
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Moreover, the research report assessed market key features, consisting of revenue, capacity utilization rate, price, gross, growth rate, consumption, production, export, supply, cost, market size & share, industry demand, export & import analysis, and CAGR.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
VIP Industries Limited
Briggs and Riley
VF Corporation (Eagle Creek and Eastpak)
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.
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