Market Overview:
The global leisure luggage bags market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for leisure luggage bags from specialist retailers, factory outlets, independent retailers, and online retailers. Additionally, the growing popularity of backpacks as a form of leisure luggage is also contributing to the growth of this market. North America is expected to lead the global leisure luggage bags market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Leisure Luggage Bags refer to a type of luggage that is specifically designed for people who travel frequently for leisure purposes. These bags are typically larger in size than standard luggage and come with a variety of features that make them ideal for travel, such as wheels and straps that allow them to be easily transported. Leisure luggage bags are often more expensive than standard luggage, but the added features can be worth the investment if you plan on using them frequently.
Leisure Luggage:
Leisure luggage is a general term used for describing suitcases, backpacks, duffle bags and handbags designed to be used for recreational travel. The growth factor in the market is increasing demand from young working population who are seeking for leisure trips during their free time. In addition, growing trend of traveling with family and friends has increased the demand further.
Backpack:
Backpack is a luggage, which is carried by straps or handles. It can be used as a travelling bag for children and the elderly population. Backpack has wheels or no wheels attached to it. The wheeled type of backpack are generally preferred by children as they are easy to carry and provide mobility to the product.
Application Insights:
Specialist retailers accounted for the largest revenue share of over 50% in 2017. The application segment includes specialist travel retailers, such as airport lounges, railway stations and bus stands. These outlets cater to the needs of frequent travelers who have a preference for shopping while on-the-go or at their destination. Airport lounges are one of the most popular retail destinations that offer limited space and high demand products which require immediate attention at airports across the world including Dubai International Airport, Paris Charles de Gaulle Airport, Amsterdam Schiphol Airport and Frankfurt am Main International airport among others.
The independent retailer segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing online sales coupled with rising competition within this category particularly in developed economies such as North America and Europe where many players have entered into online distribution channels only recently offering free shipping services across major cities thereby gaining a significant market share rapidly over recent years.
Regional Analysis:
Europe dominated the global market in 2017. The region is projected to retain its dominance over the forecast period. Europe has a well-established tourism industry, which generates significant demand for leisure luggage bags. Furthermore, countries such as Germany and France are among the most popular tourist destinations in Europe, which will boost product sales further. Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing disposable income levels and growing population in key economies such as China and India.
Growth Factors:
- Increasing disposable income of consumers: The leisure luggage bags market is expected to grow at a CAGR of 6.5% during the forecast period, owing to the increasing disposable income of consumers. This is mainly because as the economy grows, people have more money to spend on luxury items such as leisure luggage bags.
- Rising demand for premium and designer luggage bags: The demand for premium and designer luggage bags is growing rapidly across the world, which is driving the growth of the leisure luggage bags market. These types of baggage are not only stylish but also offer high levels of functionality and durability, which appeals to a large number of consumers.
- Proliferation in online retailing: Online retailing has emerged as one of the most popular channels for purchasing goods and services in recent years, including leisure luggage bags. This has led to an increase in competition among manufacturers and retailers in this space, resulting in lower prices and better product offerings for consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Leisure Luggage Bags Market Research Report
By Type
Leisure Luggage, Backpack, Others
By Application
Specialist Retailers, Factory Outlets, Independent Retailers, Online Retailers
By Companies
Samsonite International S.A, Tumi Holdings, VIP Industries, Louis Vuitton Malletier S.A, VF Corporation, Briggs & Riley Travelware, Rimowa GmbH, MCM Worldwide, IT Luggage
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Leisure Luggage Bags Market Report Segments:
The global Leisure Luggage Bags market is segmented on the basis of:
Types
Leisure Luggage, Backpack, Others
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
Specialist Retailers, Factory Outlets, Independent Retailers, Online Retailers
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 International S.A
- Tumi Holdings
- VIP Industries
- Louis Vuitton Malletier S.A
- VF Corporation
- Briggs & Riley Travelware
- Rimowa GmbH
- MCM Worldwide
- IT Luggage
Highlights of The Leisure Luggage Bags 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:
- Leisure Luggage
- Backpack
- Others
- By Application:
- Specialist Retailers
- Factory Outlets
- Independent Retailers
- Online Retailers
- 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 Leisure Luggage Bags 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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- Understanding Competition Scenario
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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?
Leisure luggage bags are designed to be lightweight and spacious, perfect for carrying your belongings on vacation. They come in a variety of styles and colors, so you can find one that matches your personality and style.
Some of the major companies in the leisure luggage bags market are Samsonite International S.A, Tumi Holdings, VIP Industries, Louis Vuitton Malletier S.A, VF Corporation, Briggs & Riley Travelware, Rimowa GmbH, MCM Worldwide, IT Luggage.
The leisure luggage bags market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Leisure Luggage Bags 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 Leisure Luggage Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Leisure Luggage Bags 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 Leisure Luggage Bags 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 Leisure Luggage Bags Market Size & Forecast, 2018-2028
4.5.1 Leisure Luggage Bags Market Size and Y-o-Y Growth
4.5.2 Leisure Luggage Bags Market Absolute $ Opportunity
Chapter 5 Global Leisure Luggage Bags 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 Leisure Luggage Bags Market Size Forecast by Type
5.2.1 Leisure Luggage
5.2.2 Backpack
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Leisure Luggage Bags 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 Leisure Luggage Bags Market Size Forecast by Applications
6.2.1 Specialist Retailers
6.2.2 Factory Outlets
6.2.3 Independent Retailers
6.2.4 Online Retailers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Leisure Luggage Bags 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 Leisure Luggage Bags 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 Leisure Luggage Bags Analysis and Forecast
9.1 Introduction
9.2 North America Leisure Luggage Bags 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 Leisure Luggage Bags Market Size Forecast by Type
9.6.1 Leisure Luggage
9.6.2 Backpack
9.6.3 Others
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 Leisure Luggage Bags Market Size Forecast by Applications
9.10.1 Specialist Retailers
9.10.2 Factory Outlets
9.10.3 Independent Retailers
9.10.4 Online Retailers
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 Leisure Luggage Bags Analysis and Forecast
10.1 Introduction
10.2 Europe Leisure Luggage Bags 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 Leisure Luggage Bags Market Size Forecast by Type
10.6.1 Leisure Luggage
10.6.2 Backpack
10.6.3 Others
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 Leisure Luggage Bags Market Size Forecast by Applications
10.10.1 Specialist Retailers
10.10.2 Factory Outlets
10.10.3 Independent Retailers
10.10.4 Online Retailers
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 Leisure Luggage Bags Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Leisure Luggage Bags 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 Leisure Luggage Bags Market Size Forecast by Type
11.6.1 Leisure Luggage
11.6.2 Backpack
11.6.3 Others
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 Leisure Luggage Bags Market Size Forecast by Applications
11.10.1 Specialist Retailers
11.10.2 Factory Outlets
11.10.3 Independent Retailers
11.10.4 Online Retailers
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 Leisure Luggage Bags Analysis and Forecast
12.1 Introduction
12.2 Latin America Leisure Luggage Bags 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 Leisure Luggage Bags Market Size Forecast by Type
12.6.1 Leisure Luggage
12.6.2 Backpack
12.6.3 Others
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 Leisure Luggage Bags Market Size Forecast by Applications
12.10.1 Specialist Retailers
12.10.2 Factory Outlets
12.10.3 Independent Retailers
12.10.4 Online Retailers
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) Leisure Luggage Bags Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Leisure Luggage Bags 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) Leisure Luggage Bags Market Size Forecast by Type
13.6.1 Leisure Luggage
13.6.2 Backpack
13.6.3 Others
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) Leisure Luggage Bags Market Size Forecast by Applications
13.10.1 Specialist Retailers
13.10.2 Factory Outlets
13.10.3 Independent Retailers
13.10.4 Online Retailers
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 Leisure Luggage Bags Market: Competitive Dashboard
14.2 Global Leisure Luggage Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsonite International S.A
14.3.2 Tumi Holdings
14.3.3 VIP Industries
14.3.4 Louis Vuitton Malletier S.A
14.3.5 VF Corporation
14.3.6 Briggs & Riley Travelware
14.3.7 Rimowa GmbH
14.3.8 MCM Worldwide
14.3.9 IT Luggage
