Market Overview:
The global travel accessories market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as the increasing number of travelers, rising disposable income, and growing demand for luxury travel products. The global travel accessories market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into travel bags, electronic accessories, food box, locks, travel outfitsters pillow & blanket set), toiletries kit bag), and others). The luggage bags segment accounted for a major share in 2017 owing to their wide use by travelers for packing their belongings. However; over time there has been an increase in demand for other types of accessory products such as backpacks with built-in charging ports and RFID-blocking wallets/pouches which are expected to witness high growth rates during the forecast period from 2018 to 2030.
Product Definition:
A travel accessory is any item that enhances the comfort or convenience of a traveler. This might include items such as luggage, adapters for foreign electrical outlets, or a travel pillow. The importance of travel accessories varies depending on the individual traveler. Some people may find that they cannot do without a certain item, while others may not feel that any extras are necessary. Ultimately, it is up to each person to decide what accessories are needed in order to have an enjoyable trip.
Travel Bags:
The global market for travel bags is expected to witness significant growth over the forecast period. The primary factor responsible for this growth is increasing number of international travelers across the world. Moreover, rising expenditure on leisure and tourism also contributes to market development.
In addition, growing demand from emerging economies such as Brazil, China and India are likely to boost product sales in near future.
Electronic Accessories:
Electronic accessories are the small items that are used to enhance or improve a device's performance. They can be as simple as a protective cover for an electronic device or as complex as amplifiers and filters that help in increasing the range of an electronic product. Electronic accessories fall under the category of consumer durable goods and they have a life span similar to any other consumer durables; hence, they need periodic replacement in order to maintain its quality and performance level.
Application Insights:
The supermarkets/hypermarkets segment led the global travel accessories market in 2017. This is attributed to the growing number of luxury retail stores that offer a wide range of travel accessories along with their clothing and home decor products. For instance, Harrods, which is a luxury department store in London, offers various types of luggage including trolley bag and backpack for men as well as women travelers. Moreover, it also provides personal shoppers who can help customers select suitable bags according to their requirements. Such initiatives by prominent retailers are likely to increase customer awareness about different types of travel bags and encourage them to buy these products online or from physical stores near their homes or offices.
Specialty stores are expected register the fastest CAGR exceeding 7% during the forecast period owing to increasing demand for unique fashion statements while traveling across diverse regions globally coupled with innovative product launches by specialty store owners striving towards becoming one-of-a-kind destinations offering more than just shopping but an experience along with it.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing travel and tourism activities, along with growing middle-class population. Moreover, rising disposable income levels are anticipated to fuel regional growth during the forecast period. Europe is also projected to witness significant growth over the coming years owing to increasing demand for personalized accessories that help travelers keep their luggage organized and safe from damage during transit.
Growth Factors:
- Increasing disposable income of people across the globe is expected to fuel the demand for travel accessories over the forecast period.
- Proliferation of online platforms that offer a wide range of travel accessories at competitive prices is anticipated to boost the market growth.
- Growing popularity of adventure tourism is projected to create opportunities for market players in the near future.
- Rising number of business travelers is also expected to propel demand for travel accessories in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Accessories Market Research Report
By Type
Travel Bags, Electronic Accessories, Food Box, Locks, Travel Outfits, Travel Pillow & Blanket, Toiletries, Others
By Application
Supermarkets/Hypermarkets, Specialty Stores, Factory Outlets, Online Stores, Others
By Companies
ACE Luggage Co. Ltd, MCM Worldwide, ExOfficio, TRAVEL-BlUE.COM, Magellan’s, TravelSmith Outfitters, United States Luggage Company LLC, The BEACH Company, VF Corporation
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Travel Accessories Market Report Segments:
The global Travel Accessories market is segmented on the basis of:
Types
Travel Bags, Electronic Accessories, Food Box, Locks, Travel Outfits, Travel Pillow & Blanket, Toiletries, 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
Supermarkets/Hypermarkets, Specialty Stores, Factory Outlets, Online Stores, Others
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:
- ACE Luggage Co. Ltd
- MCM Worldwide
- ExOfficio
- TRAVEL-BlUE.COM
- Magellan’s
- TravelSmith Outfitters
- United States Luggage Company LLC
- The BEACH Company
- VF Corporation
Highlights of The Travel Accessories 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:
- Travel Bags
- Electronic Accessories
- Food Box
- Locks
- Travel Outfits
- Travel Pillow & Blanket
- Toiletries
- Others
- By Application:
- Supermarkets/Hypermarkets
- Specialty Stores
- Factory Outlets
- Online Stores
- Others
- 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 Travel Accessories 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Travel accessories are items that can make your travels easier and more enjoyable. These might include things like a travel pillow, passport holder, or luggage strap.
Some of the major players in the travel accessories market are ACE Luggage Co. Ltd, MCM Worldwide, ExOfficio, TRAVEL-BlUE.COM, Magellan’s, TravelSmith Outfitters, United States Luggage Company LLC, The BEACH Company, VF Corporation.
The travel accessories market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Travel Accessories 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 Travel Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Travel Accessories 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 Travel Accessories 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 Travel Accessories Market Size & Forecast, 2018-2028
4.5.1 Travel Accessories Market Size and Y-o-Y Growth
4.5.2 Travel Accessories Market Absolute $ Opportunity
Chapter 5 Global Travel Accessories 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 Travel Accessories Market Size Forecast by Type
5.2.1 Travel Bags
5.2.2 Electronic Accessories
5.2.3 Food Box
5.2.4 Locks
5.2.5 Travel Outfits
5.2.6 Travel Pillow & Blanket
5.2.7 Toiletries
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Travel Accessories 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 Travel Accessories Market Size Forecast by Applications
6.2.1 Supermarkets/Hypermarkets
6.2.2 Specialty Stores
6.2.3 Factory Outlets
6.2.4 Online Stores
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel Accessories 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 Travel Accessories 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 Travel Accessories Analysis and Forecast
9.1 Introduction
9.2 North America Travel Accessories 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 Travel Accessories Market Size Forecast by Type
9.6.1 Travel Bags
9.6.2 Electronic Accessories
9.6.3 Food Box
9.6.4 Locks
9.6.5 Travel Outfits
9.6.6 Travel Pillow & Blanket
9.6.7 Toiletries
9.6.8 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 Travel Accessories Market Size Forecast by Applications
9.10.1 Supermarkets/Hypermarkets
9.10.2 Specialty Stores
9.10.3 Factory Outlets
9.10.4 Online Stores
9.10.5 Others
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 Travel Accessories Analysis and Forecast
10.1 Introduction
10.2 Europe Travel Accessories 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 Travel Accessories Market Size Forecast by Type
10.6.1 Travel Bags
10.6.2 Electronic Accessories
10.6.3 Food Box
10.6.4 Locks
10.6.5 Travel Outfits
10.6.6 Travel Pillow & Blanket
10.6.7 Toiletries
10.6.8 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 Travel Accessories Market Size Forecast by Applications
10.10.1 Supermarkets/Hypermarkets
10.10.2 Specialty Stores
10.10.3 Factory Outlets
10.10.4 Online Stores
10.10.5 Others
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 Travel Accessories Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Travel Accessories 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 Travel Accessories Market Size Forecast by Type
11.6.1 Travel Bags
11.6.2 Electronic Accessories
11.6.3 Food Box
11.6.4 Locks
11.6.5 Travel Outfits
11.6.6 Travel Pillow & Blanket
11.6.7 Toiletries
11.6.8 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 Travel Accessories Market Size Forecast by Applications
11.10.1 Supermarkets/Hypermarkets
11.10.2 Specialty Stores
11.10.3 Factory Outlets
11.10.4 Online Stores
11.10.5 Others
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 Travel Accessories Analysis and Forecast
12.1 Introduction
12.2 Latin America Travel Accessories 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 Travel Accessories Market Size Forecast by Type
12.6.1 Travel Bags
12.6.2 Electronic Accessories
12.6.3 Food Box
12.6.4 Locks
12.6.5 Travel Outfits
12.6.6 Travel Pillow & Blanket
12.6.7 Toiletries
12.6.8 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 Travel Accessories Market Size Forecast by Applications
12.10.1 Supermarkets/Hypermarkets
12.10.2 Specialty Stores
12.10.3 Factory Outlets
12.10.4 Online Stores
12.10.5 Others
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) Travel Accessories Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Travel Accessories 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) Travel Accessories Market Size Forecast by Type
13.6.1 Travel Bags
13.6.2 Electronic Accessories
13.6.3 Food Box
13.6.4 Locks
13.6.5 Travel Outfits
13.6.6 Travel Pillow & Blanket
13.6.7 Toiletries
13.6.8 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) Travel Accessories Market Size Forecast by Applications
13.10.1 Supermarkets/Hypermarkets
13.10.2 Specialty Stores
13.10.3 Factory Outlets
13.10.4 Online Stores
13.10.5 Others
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 Travel Accessories Market: Competitive Dashboard
14.2 Global Travel Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACE Luggage Co. Ltd
14.3.2 MCM Worldwide
14.3.3 ExOfficio
14.3.4 TRAVEL-BlUE.COM
14.3.5 Magellan’s
14.3.6 TravelSmith Outfitters
14.3.7 United States Luggage Company LLC
14.3.8 The BEACH Company
14.3.9 VF Corporation
