Global Business Bags Market Overview:
Business bag is used to carry documents and electronics product such as tablets and laptops. Demand of business bag is potentially increasing globally owing to increasing number of business traveler and improving standard of living. Recent innovation in business bag are anti-theft, convertible, expandable and portable safe bags.
Growth Drivers
- Rising Number of Business Travelers
- Growing Standard of Living
Roadblocks
- High Cost of Business Bags
Opportunities
- Escalating Online Market
- Increasing Demand from the Developing Economies
Challenges
- Increasing Number of Local Manufacturers
Competitive Landscape:
Some of the key players profiled in the report are Delsey (France), Safari Industries (India), Samsonite International (Hong Kong), VIP Industries (India), Wildcraft India (India), Gucci (Italy), Armani (India), Goldlion (China), Dunhill (united kingdom), Montblanc (Germany), COACH (United States), Bottega Veneta (Italy), Septwolves (China), Hermes (France), Burberry (united kingdom), Tumi (United States), Hugoboss (Germany) and Ferragamo (Italy). Additionally, following companies can also be profiled that are part of our coverage like Wanlima (Hong Kong). Analyst at AMA Research see Italy, India Vendors to retain maximum share of Global Business Bags market by 2026. Considering Market by Distribution Channel , the sub-segment i.e. Online Retail will boost the Business Bags market. Considering Market by Price Range, the sub-segment i.e. Premium will boost the Business Bags market. Considering Market by Material, the sub-segment i.e. Hard side will boost the Business Bags market.
What Can be Explored with the Business Bags Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Business Bags Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Business Bags
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Business Bags market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Business Bags market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Business Bags Manufacturers, Business Bags Distributors/Traders/Wholesalers, Business Bags Sub component Manufacturers, Industry Association, Downstream Vendors, Government Bodies, Business Research and consulting Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.