The report includes forecast and analysis for the Luggage market on a global and regional level. The research gives important data of 2016, 2017 and 2018 along with a projection from 2018 to 2026 based on revenue. The study covers drivers and limitations of the Luggage market along with the impact they have on the trade over the forecast period. Additionally, the report covers the study of possibilities available in the Luggage market on a global level.
The section “Luggage Market” includes an examination of the situation in major sections of the Luggage market. The markets in European Union countries are examined in more detail, giving a timeline of financial results reported by major Key Players providers in 2017.
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Luggage such as suitcases and bags are available in various size, shape, and designs to enhance convenience and comfort while travelling. Growing travel and tourism industry along with rising participation in adventure sports and outdoor sports is driving growth of the global luggage market. According to the World Travel and Tourism Council, global domestic expenditure on travel and tourism in 2014 was US$ 340.4 billion, which increased to US$ 574.6 billion in 2016. Technological developments such as smart luggage is further fuelling growth of the global luggage market. For instance, in January 2018, 90FUN launched new smart suitcase 90FUN Puppy 1 which follows the traveler.
Injection molding process is the manufacturing process for producing parts by inserting materials into a mold to create varied shapes and sizes of the object. Injection molding can be achieved with a host of materials consisting of metals, elastomers, glasses, confections, and polymers. Injection molding is extensively used for manufacturing a variety of components such as automotive parts, bottle caps, packaging, storage containers, mechanical parts, and wire spools. Low maintenance cost, low consumption of energy, high accuracy are some of the properties offered by injection molding process, which, in turn contribute to growth of the Luggage market.
Key manufacturers operating in the luggage market include Louis Vuitton Malletier, S.A., Rimowa GmbH, Victorinox Swiss Army, Inc., Coach Inc, Samsonite International S.A., VF Corporation, Antler Limited, Delsey S.A., Bric’s Industria Valigeria Fine SpA, Etienne Aigner AG, and VIP Industries Limited.“Luggage Market” is a new report by us that explains how companies’ acquisition expenditures, media spend, business strategies, marketing and sales strategies and practices, and business plan are set to change in 2017-2018. This paper gives you access to the category-level spending forecasts, business challenges, budgets, supplier selection criteria, the current size of the marketing and promotion budgets and investment opportunities for senior-level officials.
The report also identifies the expected growth of buyers and suppliers, capital expenditure, staff hiring, MandA, and e-procurement. This report not only gives access to the views and strategies of business decision makers and rivals but also examines their actions circling business priorities. The report also provides access to information categorized by company type and sizes, region, Introduction and Landscape
The report primarily focuses on: Latest Market Trends,
Estimates are primarily based on online surveys using customized questionnaires via our research team. Besides data from government databases, organization websites, press releases & published research reports are also used for estimates.
- North America Luggage Market Revenue and Forecast
- Europe Luggage Market Revenue and Forecast
- Asia Pacific Luggage Market Revenue and Forecast
- Latin America Luggage Market Revenue and Forecast
- Middle East and Africa Luggage Market Revenue and Forecast
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Why was the report written?
This report is the result of an extensive survey drawn from Our Research’s elite panel of leading global senior level executives from enterprises such as such as medical devices, mining, packaging, power, oil, and gas, food and beverage, airports and pharmaceutical. The report covers key topics such as appropriation behaviors and strategies, the current size of the marketing and advertising budgets. Besides the report also recognizes the threats and possibilities, economic outlook trends, media channel spending outlooks, M and A expectations, marketing agency selection models, media budgets, business challenges and confidence among senior-level executives across various industries.
Most secondary research papers are based on general industry drivers and do not understand the industry officials’ attitude and changing behaviors, creating a gap in showing the business opportunity of the industry. In an effort to bridge this gap, Our Research created this primary-research based report by selecting the opinions of various stakeholders in the value-chain of the industry
This report offers:
• Analysis of several products, and regions that would provide the clear understanding of the ongoing and future trends in the global Luggage market
• Assessment of market dynamics such as drivers, restraints, and opportunities prevalent in the market
• Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGR for the period from 2018 to 2026
• Company profiles that will highlight key information about the imperative players operating in the global Luggage Market