The Global market of Luggage is projected to witness steady growth represented by a CAGR of 6.03% during 2017–2022

Date: 4 May 2017

Over the recent years, the global Luggage Industry has been growing rapidly as the global travel & tourism witnessing rapid growth due to increasing leisure and business travel spending. Globally, the growth in the Luggage market is driven by large rising disposable income, changing life style and emerging new innovative luggage products made up of light weight material and add on features of wheels, back straps, GPS tracking system and portable charging slots.

According to Azoth Analytics research report, “GlobalLuggage Market – Analysis By Product Type (Travel Bags, Casual Bags andBusiness Bags), By Distribution Channel, By Price Segment: Opportunities andForecasts (2017-2022)", has global market is projected to witness steady growth represented by a CAGR of 6.03% during 2017 – 2022, chiefly driven by large number of rising travel & tourism expenditure, changing lifestyle due to increasing disposable income and availability of variety of products.

The report titled “GlobalLuggage Market – Analysis By Product Type (Travel Bags, Casual Bags andBusiness Bags), By Distribution Channel, By Price Segment: Opportunities andForecasts (2017-2022)", has covered and analysed the potential of Global Luggage Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global luggage market. Additionally, the report also highlights market entry strategies for various companies across the globe.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Luggage Market on the basis of Analysis By Product Type (Travel Bag, Casual Bags and Business Bags), distribution channel analysis (Speciality Retailers, Departmental Stores, hypermarkets, and supermarkets, Internet Sales), Other (Club Retailers, direct seller and small independent retailers), By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K., Germany, France, China, India, Japan).

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