About Luggage Cases
Luggage cases are the bags or container that is used to keep traveller’s objects while travelling from one place to another. The travelers use this for the various purpose including travel necessities, carry clothing and many more. Many top players are focusing on designing and manufacturing smart luggage with smart features such as smart locking system, traceability. The growth of the market has been attributed to the rise in travel and tourism activities across the globe.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The luggage market is highly competitive, with key players competing for a significant global market share and regional players catering to domestic customer demands Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Luggage Cases market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsonite (United States), LouisVuitton (France), American Tourister (United Kingdom), Delsey (France), Rimowa (Germany), Dapai (China), Crown (United States), Oiwas (China), Eminent (China) and Lancel (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ace (Japan), TUMI (United States), GNZA (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Luggage Cases market by Type (16 Inches, 18 Inches, 20 Inches, 22 Inches, 24 Inches, 26 Inches, 28 Inches, 30 Inches and Other), Application (Men and Women) and Region.
On the basis of geography, the market of Luggage Cases has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Luggage Cases market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Lightweight Luggage Bags and Development in Luggage with the GPS System Tracker
Market Growth Drivers:
Increase in the Standard of Living in Developing Countries and Increasing Disposable Income Worldwide
Challenges:
Unorganized Players in the Large Markets in Developing Countries and Increased Raw Material Cost
Restraints:
Higher Production Cost
Opportunities:
Increasing Demand for Different Varieties of Luggage Cases Worldwide, Growth in Travel and Tourism Industry and Development of Smart Luggage Cases
Market Leaders and their expansionary development strategies
In April 2023, Samsonite launched a Luggage Trade-In campaign offer, supporting its commitment to sustainability. The company, with its local partners WWF Philippines and Envirotech, called for trade-ins of any brand or size and offered up to 35 percent off on Samsonite's Oc2Lite and Niarmodels.
In February 2023, Samsonite, the innovation pioneer for the world's renowned luggage, is launching a licensed collection with New Balance that celebrates individual expression and versatility.
The U.S. Customs and Border Protection (CBP) and the Federal Trade Commission (FTC) enforce labeling laws and act in the United States. In general, textile and apparel products sold in the United States must be labeled with the following information: the fiber content, the country of origin, the manufacturer or dealer identity, and the care instructions
Key Target Audience
Luggage Cases Manufacturer, Distributor/Supplier, Raw Material Supplier, Government Agencies and End-User
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.