Travel Bag Market Size, Share, Trends and Forecasts by 2022-2027 | IMARC Group

According to the latest report of the IMARC group, entitled “travel bag market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global market for travel bags reached a value of US$16.2 billion in 2021. Looking ahead, IMARC Group expects the market to reach $23.2 billion by 2027presenting a CAGR of 6.32% during the period 2022-2027.

Travel bags refer to a kind of travel gear used by hikers, tourists, and explorers to carry their clothes and other personal belongings. Rolling backpacks, rolling luggage, weekenders, duffel bags, tote bags, expedition packs, etc., are variants commonly available in the market. Travel bags are made from materials such as polycarbonate, polypropylene, polyester, cotton, leather, acrylonitrile-butadiene-styrene (ABS), vinyl, nylon, etc., suitable for carrying fragile products and electronic gadgets. They are widely available in supermarkets, specialty stores, factory outlets, hypermarkets, online stores, etc., in all countries.

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travel bag market Tendencies:

Expanding tourism industry and rising urbanization rates across the globe are mainly driving the travel bag market. Furthermore, the emerging trend to purchase high-end and luxury goods and the increasing spending abilities of consumers are further increasing the growth of the market. Apart from this, the launch of innovative and eco-friendly travel bags with creative designs and visually appealing looks is also catalyzing the global market. Additionally, the growing number of promotional activities by major brands and the development of online retail channels that provide a hassle-free shopping experience for individuals while displaying various options to choose from are acting as growth factors. important. Also, the introduction of several product variants made from natural and organic fabric dyes, canvas and recycled leather is expected to propel the travel bag market over the forecast period.

To note: We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Competitive landscape with key players:

• Delsey SA
• Deuter Sport
• Fenix ​​Outdoor
• Hermes
• Kering
• Louis Vuitton
• low alpine
• LVMH
• Osprey
• Rimowa
• Samsonite
• Timbuk2
• Victorinox
• VIP Industries

Market segmentation :

Breakdown by type of material:

• Polyester
• Tissue
• Leather
• Others

Breakdown by type of baggage:

Breakdown by price range:

• premium price
• Average price
• Low price

Breakdown by demographics:

Breakdown by distribution channel:

• Supermarkets and Hypermarkets
• Specialty stores
• Factory outlets
• Online stores
• Others

Breakdown by region:

• North America (USA, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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To note: We update our reports, if you want the report with the latest primary and secondary data (2022-2027), including industry trends, market size and competitive landscape etc. Click request a free sample report, the published report will be delivered to you in PDF format via email within 24-48 hours.

Main highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market trends
• Market drivers and success factors
• Impact of COVID-19
• Value chain analysis
• Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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