Market Overview:
The global baggage tag market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air travel and rising number of tourists across the globe. In addition, the increasing adoption of RFID technology in baggage tagging is also contributing to the growth of this market. Based on type, the global baggage tag market can be segmented into plastic, fabric, leather, metal, polyester and aluminum segments. Among these segments, plastic segment is expected to witness highest growth during forecast period owing to its low cost and durability properties. Based on application, motor transport segment is expected to dominate global baggage tag market during forecast period followed by rail transport and air transport segments respectively.
Product Definition:
A baggage tag is a document issued by an airline to a passenger, which identifies the passenger's checked baggage. The tag includes the name of the passenger, their flight itinerary, and other information such as contact details. The tag is attached to each piece of checked baggage.
Plastic:
Plastic is a durable, versatile, lightweight material that has been used for decades to make bags and pouches for packaging. It can be molded into any shape or form and comes in various colors. The most commonly used plastic is Polyethylene (PE), which can be recycled and reused efficiently.
Fabric:
Fabric is a flexible, durable, and water-resistant material that is used to make bags or pouches for carrying various goods. It can be woven or knitted from natural fibers like cotton & wool or synthetic fibers like polyester & nylon. The choice of fabric depends on the weight, durability required by the product as well as consumer preference.
Application Insights:
The motor transport application segment accounted for the largest revenue share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The rising number of road travelers due to growing income levels coupled with increasing disposable income has resulted in a constant rise in demand for vehicles, especially cars. As a result, the number of registered vehicles has increased significantly across various regions including Europe, Asia Pacific and North America since past few years. This development is expected to fuel industry expansion further during next seven years particularly across major economies such as U.K.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing air passenger traffic, high standards of living and favorable government policies regarding airport development and modernization. Moreover, rising demand for premium services such as first class cabin is anticipated to drive the regional market further.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing its large population base along with rapid economic growth in developing countries such as India, China and Indonesia among others will fuel industry expansion over next few years.
Growth Factors:
- Increasing demand for air travel: The global airline industry is expected to grow at a CAGR of 5.8% during the forecast period, owing to the increasing number of passengers travelling by air. This is anticipated to result in an increase in the demand for baggage tags.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) has led to an increase in the number of passengers travelling by air, thereby fuelling the demand for baggage tags. LCCs account for a significant share of the global airline industry and are expected to grow at a faster pace than full-service carriers during the forecast period.
- Technological advancements: Baggage tag manufacturers are increasingly adopting advanced technologies such as radio frequency identification (RFID) and Near Field Communication (NFC) to improve tag readability and security features respectively. This is likely to boost market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Baggage Tag Market Research Report
By Type
Plastic, Fabric, Leather, Metal, Polyester, Aluminum
By Application
Motor Transport, Rail Transport, Air Transport
By Companies
Samsonite, Cotton On Group, Cath Kidston, NiQUA, Neiman Marcus, Filson, TUMI, Shinola, Fjallraven, Eagle Creek, Looptworks, KEEN, Lewis N. Clark, Kate Aspen, Aspinal of London, Emirates
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Baggage Tag Market Report Segments:
The global Baggage Tag market is segmented on the basis of:
Types
Plastic, Fabric, Leather, Metal, Polyester, Aluminum
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motor Transport, Rail Transport, Air Transport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsonite
- Cotton On Group
- Cath Kidston
- NiQUA
- Neiman Marcus
- Filson
- TUMI
- Shinola
- Fjallraven
- Eagle Creek
- Looptworks
- KEEN
- Lewis N. Clark
- Kate Aspen
- Aspinal of London
- Emirates
Highlights of The Baggage Tag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic
- Fabric
- Leather
- Metal
- Polyester
- Aluminum
- By Application:
- Motor Transport
- Rail Transport
- Air Transport
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Baggage Tag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A baggage tag is a small, rectangular piece of metal or plastic with a unique identification number that is attached to each item of luggage. The tag helps identify the bag when it's checked into the airline terminal and makes retrieving the bag easier if it has been lost or stolen.
Some of the major players in the baggage tag market are Samsonite, Cotton On Group, Cath Kidston, NiQUA, Neiman Marcus, Filson, TUMI, Shinola, Fjallraven, Eagle Creek, Looptworks, KEEN, Lewis N. Clark, Kate Aspen, Aspinal of London, Emirates.
The baggage tag market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Baggage Tag Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Baggage Tag Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Baggage Tag Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Baggage Tag Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Baggage Tag Market Size & Forecast, 2018-2028 4.5.1 Baggage Tag Market Size and Y-o-Y Growth 4.5.2 Baggage Tag Market Absolute $ Opportunity
Chapter 5 Global Baggage Tag Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Baggage Tag Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Fabric
5.2.3 Leather
5.2.4 Metal
5.2.5 Polyester
5.2.6 Aluminum
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Baggage Tag Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Baggage Tag Market Size Forecast by Applications
6.2.1 Motor Transport
6.2.2 Rail Transport
6.2.3 Air Transport
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Baggage Tag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Baggage Tag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Baggage Tag Analysis and Forecast
9.1 Introduction
9.2 North America Baggage Tag Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Baggage Tag Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Fabric
9.6.3 Leather
9.6.4 Metal
9.6.5 Polyester
9.6.6 Aluminum
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Baggage Tag Market Size Forecast by Applications
9.10.1 Motor Transport
9.10.2 Rail Transport
9.10.3 Air Transport
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Baggage Tag Analysis and Forecast
10.1 Introduction
10.2 Europe Baggage Tag Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Baggage Tag Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Fabric
10.6.3 Leather
10.6.4 Metal
10.6.5 Polyester
10.6.6 Aluminum
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Baggage Tag Market Size Forecast by Applications
10.10.1 Motor Transport
10.10.2 Rail Transport
10.10.3 Air Transport
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Baggage Tag Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Baggage Tag Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Baggage Tag Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Fabric
11.6.3 Leather
11.6.4 Metal
11.6.5 Polyester
11.6.6 Aluminum
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Baggage Tag Market Size Forecast by Applications
11.10.1 Motor Transport
11.10.2 Rail Transport
11.10.3 Air Transport
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Baggage Tag Analysis and Forecast
12.1 Introduction
12.2 Latin America Baggage Tag Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Baggage Tag Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Fabric
12.6.3 Leather
12.6.4 Metal
12.6.5 Polyester
12.6.6 Aluminum
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Baggage Tag Market Size Forecast by Applications
12.10.1 Motor Transport
12.10.2 Rail Transport
12.10.3 Air Transport
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Baggage Tag Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Baggage Tag Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Baggage Tag Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Fabric
13.6.3 Leather
13.6.4 Metal
13.6.5 Polyester
13.6.6 Aluminum
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Baggage Tag Market Size Forecast by Applications
13.10.1 Motor Transport
13.10.2 Rail Transport
13.10.3 Air Transport
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Baggage Tag Market: Competitive Dashboard
14.2 Global Baggage Tag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsonite
14.3.2 Cotton On Group
14.3.3 Cath Kidston
14.3.4 NiQUA
14.3.5 Neiman Marcus
14.3.6 Filson
14.3.7 TUMI
14.3.8 Shinola
14.3.9 Fjallraven
14.3.10 Eagle Creek
14.3.11 Looptworks
14.3.12 KEEN
14.3.13 Lewis N. Clark
14.3.14 Kate Aspen
14.3.15 Aspinal of London
14.3.16 Emirates