Market Overview:
The global leather suitcase market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in disposable income, rising demand for luxury products, and an increase in international travel. The synthetic leather suitcase segment is expected to grow at a higher CAGR than the animal leather suitcase segment during the forecast period. This can be attributed to the growing popularity of synthetic materials among consumers due to their durability and low cost. In terms of application, specialist retailers are expected to account for the majority share of the global leather suitcase market during the forecast period. This can be attributed to increasing demand for luxury products among consumers and rising investments by retailers in marketing initiatives aimed at promoting sales of luxury products.
Product Definition:
A leather suitcase is a type of suitcase that is made from leather. It is often more expensive than other types of suitcases, but it can last longer.
Synthetic Leather Suitcase:
Synthetic leather suitcase is a type of faux leather or plastic material that imitates the look and feel of real leather. It can be used as an alternative to the traditional hard-sided luggage, which is usually made from metal or other materials. Synthetic leather suitcases are available in various sizes and shapes, but they all have one common feature - they are much cheaper than real leather cases.
Animal Leather Suitcase:
Animal leather suitcase is a type of hand luggage used by passengers to transport their valuables in the aircraft. The product is made up of high-quality genuine leather and it has various pockets and compartments to store different items including laptop, tablets, files, liquids etc.
The market for animal leather suitcases is growing at a significant pace owing to its increasing demand among business travelers as well as leisure travelers who prefer carrying luxurious products with them during traveling.
Application Insights:
The factory outlets application segment dominated the overall industry in 2017. This is attributed to the high production of handbags, shoes, clothing and other accessories in various countries including China, Vietnam and India. The rising number of factory outlets has boosted product demand as retailers are able to pass on savings from their overhead costs by reducing their prices.
Specialist retailers accounted for a significant share owing to increasing consumer expenditure on luxury goods especially travel accessories such as luggage and backpacks that reflect a person¢â‚¬â„¢s identity while traveling or visiting new places. Moreover, internet sales have also been witnessing an upsurge due to consumers¢â‚¬â„¢ preference for purchasing products online without having physical presence at stores or malls which offer convenient shopping experience coupled with ease of payment through online banking facilities offered by banks across regions worldwide.
Regional Analysis:
Asia Pacific dominated the global leather suitcase market in 2017. The region is expected to continue its dominance over the next eight years due to increasing demand for designer handbags and luggage from emerging countries such as China, India, Indonesia, Vietnam and Thailand. Furthermore, rising disposable income coupled with rapid urbanization in these developing nations will boost product sales further driving growth.
Europe accounted for a significant share of revenue in 2017 owing to high demand from Germany and Italy markets. Increasing spending power along with growing trend of traveling light is expected to drive regional growth over the forecast period. North America also had a good showing owing to high number of specialty retailers operating within U.S.
Growth Factors:
- Increasing demand for luxury goods: The global luxury goods market is expected to grow at a CAGR of 5.8% from 2016 to 2020. This will drive the demand for leather suitcases, as they are considered a premium product.
- Rising income levels in developing countries: A growing number of people in developing countries are now able to afford luxury items, including leather suitcases. This is driving the growth of the global leather suitcase market.
- Growing popularity of travel: The growth in air travel and tourism is fueling demand for luggage, including leather suitcases. This trend is expected to continue in the years ahead, leading to further growth in the market for leather suitcases.
- . Technological advancements: Advancements in technology have led to the development of new and innovative types of luggage, including leather suitcases made from high-quality materials that offer better durability and protection against damage while travelling .This is helping to boost salesgrowthofthel eathersuitcasemarket .
- . Changing fashion trends: Leather Suitcase manufacturers are constantly introducing new designs and styles that appealto consumers’ changing fashion preferences .Thishelpsmaintainconsumer interestand drivesgrowthinthel eathersuitcasemarket
Scope Of The Report
Report Attributes
Report Details
Report Title
Leather Suitcase Market Research Report
By Type
Synthetic Leather Suitcase, Animal Leather Suitcase
By Application
Specialist Retailers, Factory outlets, Internet sales
By Companies
Samsonite International S.A., Tumi Holdings, VIP Industries, VF Corporation, Briggs & Riley Travelware, Rimowa GmbH, MCM Worldwide, Louis Vuitton Malletier S.A., 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Leather Suitcase Market Report Segments:
The global Leather Suitcase market is segmented on the basis of:
Types
Synthetic Leather Suitcase, Animal Leather Suitcase
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, Internet sales
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
- VF Corporation
- Briggs & Riley Travelware
- Rimowa GmbH
- MCM Worldwide
- Louis Vuitton Malletier S.A.
- IT Luggage
Highlights of The Leather Suitcase 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:
- Synthetic Leather Suitcase
- Animal Leather Suitcase
- By Application:
- Specialist Retailers
- Factory outlets
- Internet sales
- 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 Leather Suitcase 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 leather suitcase is a type of luggage made from leather. It is often used to store clothes, shoes, and other belongings.
Some of the key players operating in the leather suitcase market are Samsonite International S.A., Tumi Holdings, VIP Industries, VF Corporation, Briggs & Riley Travelware, Rimowa GmbH, MCM Worldwide, Louis Vuitton Malletier S.A., IT Luggage.
The leather suitcase market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Leather Suitcase Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Leather Suitcase Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Leather Suitcase Market - Supply Chain
4.5. Global Leather Suitcase Market Forecast
4.5.1. Leather Suitcase Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Leather Suitcase Market Size (000 Units) and Y-o-Y Growth
4.5.3. Leather Suitcase Market Absolute $ Opportunity
5. Global Leather Suitcase Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Leather Suitcase Market Size and Volume Forecast by Type
5.3.1. Synthetic Leather Suitcase
5.3.2. Animal Leather Suitcase
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Leather Suitcase Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Leather Suitcase Market Size and Volume Forecast by Application
6.3.1. Specialist Retailers
6.3.2. Factory outlets
6.3.3. Internet sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Leather Suitcase Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Leather Suitcase Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Leather Suitcase Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Leather Suitcase Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Leather Suitcase Demand Share Forecast, 2019-2026
9. North America Leather Suitcase Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Leather Suitcase Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Leather Suitcase Market Size and Volume Forecast by Application
9.4.1. Specialist Retailers
9.4.2. Factory outlets
9.4.3. Internet sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Leather Suitcase Market Size and Volume Forecast by Type
9.7.1. Synthetic Leather Suitcase
9.7.2. Animal Leather Suitcase
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Leather Suitcase Demand Share Forecast, 2019-2026
10. Latin America Leather Suitcase Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Leather Suitcase Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Leather Suitcase Market Size and Volume Forecast by Application
10.4.1. Specialist Retailers
10.4.2. Factory outlets
10.4.3. Internet sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Leather Suitcase Market Size and Volume Forecast by Type
10.7.1. Synthetic Leather Suitcase
10.7.2. Animal Leather Suitcase
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Leather Suitcase Demand Share Forecast, 2019-2026
11. Europe Leather Suitcase Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Leather Suitcase Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Leather Suitcase Market Size and Volume Forecast by Application
11.4.1. Specialist Retailers
11.4.2. Factory outlets
11.4.3. Internet sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Leather Suitcase Market Size and Volume Forecast by Type
11.7.1. Synthetic Leather Suitcase
11.7.2. Animal Leather Suitcase
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Leather Suitcase Demand Share, 2019-2026
12. Asia Pacific Leather Suitcase Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Leather Suitcase Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Leather Suitcase Market Size and Volume Forecast by Application
12.4.1. Specialist Retailers
12.4.2. Factory outlets
12.4.3. Internet sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Leather Suitcase Market Size and Volume Forecast by Type
12.7.1. Synthetic Leather Suitcase
12.7.2. Animal Leather Suitcase
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Leather Suitcase Demand Share, 2019-2026
13. Middle East & Africa Leather Suitcase Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Leather Suitcase Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Leather Suitcase Market Size and Volume Forecast by Application
13.4.1. Specialist Retailers
13.4.2. Factory outlets
13.4.3. Internet sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Leather Suitcase Market Size and Volume Forecast by Type
13.7.1. Synthetic Leather Suitcase
13.7.2. Animal Leather Suitcase
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Leather Suitcase Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Leather Suitcase Market: Market Share Analysis
14.2. Leather Suitcase Distributors and Customers
14.3. Leather Suitcase Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsonite International S.A.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tumi Holdings
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VIP Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. VF Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Briggs & Riley Travelware
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rimowa GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MCM Worldwide
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Louis Vuitton Malletier S.A.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IT Luggage
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
