Market Overview:
The global soft luggage bags market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for lightweight and durable luggage bags among travelers. Moreover, the growing e-commerce sector is also propelling the growth of this market. Based on type, the soft luggage bags market can be segmented into less than 20 inches, 20-28 inches, and above 28 inches. Among these segments, less than 20 inches segment is projected to witness highest CAGR during the forecast period owing to its light weight and easy maneuverability. Based on application, specialist retailers are expected to dominate the global soft luggage bags market in terms of revenue share followed by hypermarkets and e-commerce sector respectively during 2018-2030.
Product Definition:
Soft Luggage Bags are special type of luggage bags that are made up of soft materials like cloth, vinyl or leather. These bags usually have flexible and collapsible bodies that can be easily packed and transported. They offer less protection to the contents inside when compared to hard-sided luggage bags, but they are more resistant to damage from impacts and compression. Soft Luggage Bags come in a variety of shapes and sizes, and are often used by travelers as carry-on luggage.
Less than 20 Inches:
The less than 20 inches segment is expected to grow at a CAGR of XX% from 2017 to 2022. The growth can be attributed to the growing demand for soft luggage bags on account of increased consumer spending and awareness regarding lightweight luggage with enhanced features such as water resistance, anti-theft protection, and high load capacity among others.
Soft Luggage Bags are gaining popularity in the U.S.
20-28 Inches:
20-28 inches is the standard size for soft luggage bags. It is also known as carry-on or cabin bag. The dimensions of a soft luggage bag should be less than or equal to 60cm x 40cm x 25 cm (LxWxH). Luggage with 20-28 inch standard size can fit in overhead compartments and under seat storage in airplanes, trains, and buses with ease.
Application Insights:
The market is segmented by application into specialist retailers, hypermarkets, e-commerce and others. The other application segment includes travel agents and airlines. Specialist retailers accounted for the largest share in 2016 owing to the increasing number of international air passengers who require various types of soft luggage bags at affordable prices. Moreover, rising demand for luxury brand soft luggage bags among frequent travelers is expected to drive the growth over the forecast period.
Hypermarkets are anticipated to be one of the fastest growing segments during the forecast period owing to increasing consumer disposable income levels coupled with rising per capita spending power in developing countries such as China and India that has resulted in increased demand for premium quality soft luggage bags from hypermarket retail stores across these regions over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of airports, which makes it a lucrative market for airline companies. Moreover, increasing travel and tourism activities in emerging countries such as China, India, Thailand are expected to drive demand for soft luggage bags over the next eight years.
Europe was valued at USD X billion in 2017 owing to growing e-commerce industry and high online purchasing volume of travelers from Germany and U.K.
Growth Factors:
- Increasing demand for soft luggage bags from the travel and tourism industry as they are lightweight and easy to carry.
- Rising popularity of online shopping, which has led to an increase in demand for soft luggage bags as they can be easily packed and transported.
- Growing awareness about the benefits of using soft luggage bags among consumers, which is resulting in an increase in their adoption rate.
- The increasing number of fashion-conscious consumers who are looking for stylish and trendy soft luggage bags to carry around while travelling.
- The growing trend of eco-friendly living, which has led to a rise in demand for sustainable and biodegradable soft luggage bags made from natural materials like cotton or jute
Scope Of The Report
Report Attributes
Report Details
Report Title
Soft Luggage Bags Market Research Report
By Type
Less than 20 Inches, 20-28 Inches, Above 28 Inches,
By Application
Specialist Retailers, Hypermarkets, E-Commerce, Others,
By Companies
Samsonite, VIP Industries Limited, VF Corporation, Delsey, Briggs and Riley, Rimowa, Travelpro, Tommy Hilfiger, Victorinox, Olympia, Fox Luggage, Skyway, Traveler's Choice, ACE, Diplomat, EMINENT
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Soft Luggage Bags Market Report Segments:
The global Soft Luggage Bags market is segmented on the basis of:
Types
Less than 20 Inches, 20-28 Inches, Above 28 Inches,
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, Hypermarkets, E-Commerce, 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:
- Samsonite
- VIP Industries Limited
- VF Corporation
- Delsey
- Briggs and Riley
- Rimowa
- Travelpro
- Tommy Hilfiger
- Victorinox
- Olympia
- Fox Luggage
- Skyway
- Traveler's Choice
- ACE
- Diplomat
- EMINENT
Highlights of The Soft 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:
- Less than 20 Inches
- 20-28 Inches
- Above 28 Inches
- By Application:
- Specialist Retailers
- Hypermarkets
- E-Commerce
- 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 Soft 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.
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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?
Soft luggage bags are made of a softer, more pliable material than hard luggage. They are designed to be less damaging when dropped or mishandled, and can be packed more densely for greater protection.
Some of the key players operating in the soft luggage bags market are Samsonite, VIP Industries Limited, VF Corporation, Delsey, Briggs and Riley, Rimowa, Travelpro, Tommy Hilfiger, Victorinox, Olympia, Fox Luggage, Skyway, Traveler's Choice, ACE, Diplomat, EMINENT.
The soft luggage bags market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soft Luggage Bags 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. Soft Luggage Bags Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soft Luggage Bags Market - Supply Chain
4.5. Global Soft Luggage Bags Market Forecast
4.5.1. Soft Luggage Bags Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soft Luggage Bags Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soft Luggage Bags Market Absolute $ Opportunity
5. Global Soft Luggage Bags 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. Soft Luggage Bags Market Size and Volume Forecast by Type
5.3.1. Less than 20 Inches
5.3.2. 20-28 Inches
5.3.3. Above 28 Inches
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soft Luggage Bags 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. Soft Luggage Bags Market Size and Volume Forecast by Application
6.3.1. Specialist Retailers
6.3.2. Hypermarkets
6.3.3. E-Commerce
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soft Luggage Bags 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. Soft Luggage Bags 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 Soft Luggage Bags 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. Soft Luggage Bags 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 Soft Luggage Bags Demand Share Forecast, 2019-2026
9. North America Soft Luggage Bags 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 Soft Luggage Bags 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 Soft Luggage Bags Market Size and Volume Forecast by Application
9.4.1. Specialist Retailers
9.4.2. Hypermarkets
9.4.3. E-Commerce
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soft Luggage Bags Market Size and Volume Forecast by Type
9.7.1. Less than 20 Inches
9.7.2. 20-28 Inches
9.7.3. Above 28 Inches
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 Soft Luggage Bags Demand Share Forecast, 2019-2026
10. Latin America Soft Luggage Bags 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 Soft Luggage Bags 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 Soft Luggage Bags Market Size and Volume Forecast by Application
10.4.1. Specialist Retailers
10.4.2. Hypermarkets
10.4.3. E-Commerce
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soft Luggage Bags Market Size and Volume Forecast by Type
10.7.1. Less than 20 Inches
10.7.2. 20-28 Inches
10.7.3. Above 28 Inches
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 Soft Luggage Bags Demand Share Forecast, 2019-2026
11. Europe Soft Luggage Bags 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 Soft Luggage Bags 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 Soft Luggage Bags Market Size and Volume Forecast by Application
11.4.1. Specialist Retailers
11.4.2. Hypermarkets
11.4.3. E-Commerce
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soft Luggage Bags Market Size and Volume Forecast by Type
11.7.1. Less than 20 Inches
11.7.2. 20-28 Inches
11.7.3. Above 28 Inches
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Yo-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 Soft Luggage Bags Demand Share, 2019-2026
12. Asia Pacific Soft Luggage Bags 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 Soft Luggage Bags 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 Soft Luggage Bags Market Size and Volume Forecast by Application
12.4.1. Specialist Retailers
12.4.2. Hypermarkets
12.4.3. E-Commerce
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soft Luggage Bags Market Size and Volume Forecast by Type
12.7.1. Less than 20 Inches
12.7.2. 20-28 Inches
12.7.3. Above 28 Inches
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 Soft Luggage Bags Demand Share, 2019-2026
13. Middle East & Africa Soft Luggage Bags 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 Soft Luggage Bags 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 Soft Luggage Bags Market Size and Volume Forecast by Application
13.4.1. Specialist Retailers
13.4.2. Hypermarkets
13.4.3. E-Commerce
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soft Luggage Bags Market Size and Volume Forecast by Type
13.7.1. Less than 20 Inches
13.7.2. 20-28 Inches
13.7.3. Above 28 Inches
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 Soft Luggage Bags Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Soft Luggage Bags Market: Market Share Analysis
14.2. Soft Luggage Bags Distributors and Customers
14.3. Soft Luggage Bags Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsonite
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VIP Industries Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VF Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delsey
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 and Riley
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
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Travelpro
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tommy Hilfiger
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Victorinox
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Olympia
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fox Luggage
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Skyway
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Traveler's Choice
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ACE
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Diplomat
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. EMINENT
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
