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Global Travel Bag Market
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Global Travel Bag Market Global Travel Bag Market Rising trend of fashionable and modular travel bags are boosting the growth of travel bags market all across the globe. Airlines have limitations and regulations for luggage weight thus people are more inclined towards light weighted travel bags. Light weight bags not only help the customers in fulfilling the luggage weight limit but also provide comfort while travelling. Moreover, increasing demand for travelling and adventurous sports are expected to boost the market for light weighted, strong and designer travel bags. Making travelling altogether a different experience is the main focus of leading market players. Recently introduction of Modobag by Indiegogo has bought the revolution in entire luggage bag industry. Apart from trendy designs, Modobag is embedded with GPRS-GSM tracking systems and dual USB charging port. Moreover, one can ride these bags on bike making it more efficient and easily transportable. Moreover, Hop or Spacecase designed by NUA robotics aims to make travelling more comfortable. These smart bags are equipped with bluetooth technology and camera sensors and are designed as self carried luggage bags. According to our travel bags market report, acquisition of smaller and domestic brands by leading players is the key business stretegy that helps key vendors to expand their profit margin and to make an exceptional presence in the global market. Samsonite’s acquisition of companies such as Tumi, Gregory Mountain Products, Speck and Liapult became a revolution for travel bags market. Leading industry players are also investing in marketing and R&D to manufacture innovative, lighter, stronger and cost effective products. In 2016, Samsonite invested USD 25.4 million in R&D for the development of innovative travel bags.
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Global Travel Bag Market Market Segmentation Based on Price-Range
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• High-Price Range • Medium-Price Range • Low-Price Range Based on Types of Travel Bags • Trolley Bags • Backpacks • Duffle Bags Based on Distribution channel • Online Distribution Channel • Offline Distribution Channel Send us Sample Request @ https://www.goldsteinresearch.com/request-sample/global-travel-bags-market-outlook-2024-globalopportunity-and-demand-analysis-market-forecast-2016-2024 Published By: Goldstein Research
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Global Travel Bag Market Based on Geography •
North America (U.S., Canada) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
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Asia-Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and ROAP) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
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Europe (The UK, Germany, France, Italy, Spain, , Russia, Poland, Sweden, and ROE) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
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Latin America (Brazil, Mexico and ROLA) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
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Middle East and Africa (GCC, North-Africa, South Africa and ROMEA) {Market Share (%), Market Size (USD Million), Product Sales (Units)}
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Rest of the World {Market Share (%), Market Size (USD Million), Product Sales (Units)}
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Global Travel Bag Market Market Size and Forecast (2016-2024) The global travel bag industry valued USD 33.10 billion in 2016 and is estimated to reach over USD 53.16 billion in 2024, growing at a CAGR of 6.1% during the forecast period. Geographically, North America travel bags market is acquiring the largest market share of travel bags market followed by Europe. Europe has a top-line growth in fashionable travel bags across the globe. Europe travel bags market valued USD 8.74 billion in 2015 and is projected to grow at a CAGR of 7.0% during the forecast period. Asia Pacific and Middle East are estimated show a prospective market growth during the forecast period owing to rising number of international and domestic travels in these regions. Asia-Pacific travel bags market valued USD 17.01 billion in 2016 and is anticipated to dominate the market over the forecast period. Latin America is also focusing on tourism and travelling which is likely to increase the travel bags demand in near future. Countries like Mexico, Brazil and Chile are experiencing high sales of branded and fashionable travel bags. Net sales of travel bags in these countries are collectively increased by nearly 20% in 2016 as compared to previous years. Global Travel Bag Market Size (USD Billion), 2016-2024 XX
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Global Travel Bag Market “Global Travel Bag Market Outlook 2024�contains detailed overview of the global travel bag market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by price range, types of travel bags and distribution channel. Further, for the in-depth analysis, Global Travel Bag Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Samsonite International, VIP Industries Ltd., United States Luggage Company (LLC), Shanghai Fochier International, Louis Vuitton, Rimova, VF Corporation, Ace Co. Ltd., Nike, Puma, Everest, Safari industries, Richardo Beverly Hills, Targus Group International Inc., Travelpro International Inc., New Travel Sports Co. Ltd., Delsey SA,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global travel bag market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Global Travel Bag Market Scope Background Market Synopsis
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Market Segmentation The Global Travel Bag Market is segmented as follows: • By Price-Range (Market Size, Demand Analysis and Growth Analysis) • By Types (Market Size, Demand Analysis and Growth Analysis) • By Distribution Channel (Market Size, Demand Analysis and Growth Analysis)
By Country • • • • • •
North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis} Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis} Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis} Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis} Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis} Rest of World {Market Size, Growth Analysis and Opportunity Analysis}
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Global Travel Bag Market Market Dynamics: Growth Drivers, Restraints and Opportunities o Risk Factors o Regional Variations o Recent Trends and Developments
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Key Market Players o Synopsis o Business Strategy o Product Portfolio o SWOT Analysis Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks
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Global Travel Bag Market About Goldstein Research Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research
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Global Travel Bag Market Sample Request
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99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America
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Published By: Goldstein Research
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Global Travel Bag Market
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