The global Luggage Bag market was valued at 13.91 Million USD in 2021 and will grow with a CAGR of 8.16% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Samsonite

VIP Industries

VF Corporation

Delsey

Briggs & Riley

Rimowa

Travelpro

Tommy Hilfiger

Victorinox

Olympia

Fox Luggage

Skyway

Traveler`s Choice

ACE

Diplomat

EMINENT

By Types:

Hard Luggage Bags

Soft Luggage Bags

By Applications:

Application A

Application B

Others

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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