Abstract
The global luggage market is growing with increasing population, changing
travel trends and spending habits. The market is taking a turn towards brands
and fashion products. China is one of the leading importers of business bags
and cases but its imports have started declining from 2007. Canada is a
leading market in exports of business bags and cases.
Travel and tourism are the primary drivers of luggage sales and accordingly
regional and global luggage sales correlate favorably to the relative trends
in airline and other forms of travel. Another factor that has a substantial
influence on the luggage market is changing preferences of consumers.
Samsonite is a leading player in the worldwide luggage market. The company has
expanded its reach all over the world and now looking to expand in developing
countries like India. Coach has created a niche position for itself in the
luxury accessories market. Its products are affordable to both value-conscious
and top-end consumers.
This report focuses on the global luggage market - its segments, value,
growth rate, and market trends. It undertakes a comprehensive analysis of the
US and European markets, including the role of exports, imports and retail
sales. It also discusses the value chain of the luggage market with a
description of various distribution channels. It outlines the major players in
the field of luggage manufacturing and business strategies of the major
players.
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