Global Baggage Packaging Service Market 2018-2022

Overview of the global baggage packaging service market

It has been observed that every year, the number of people opting for air travel is increasing due to the rising disposable income of people across the globe and growing number of airports and routes. As per the World Bank, during 2011, around 3 billion passengers travelled by air. In addition, it has been observed that this number is steadily increasing. Research analysis on the global baggage packaging service market identifies that the rising number of air passengers will be one of the major factors that will have a positive impact on the growth of the market. The positive economic scenario will further boost the number of air travel passengers. This in turn, results in an increased demand for the global baggage packaging service. Technavio’s market research analysts predict that this global market will post a revenue of close to USD 630 million by 2022

Several companies are increasingly focusing on expanding the market and services by providing services at different avenues such as railway stations and hotels. They are encouraged to offer baggage wrapping services at the point of origin, i.e., at hotels due to the rising number of travellers who stay at hotels. As a result, the increasing opportunities at railway and bus stations is identified as one of the key trends that will stimulate growth in the baggage packaging service market during the predicted period.

Companies covered

The baggage packaging service market appears to be highly fragmented. This industry research report offers information about the competitive environment among companies in this marketspace and offers an analysis of key companies and their products. Additionally, our analysts also offer information about key areas the players currently focus on and strategies they follow to sustain the competition.

This research report provides an analysis of various companies in the luggage wrapping service market including

• BAGPORT
• Safe Bag
• Seal & Go
• Secure Wrap
• TrueStar Group

Segmentation by geography and analysis of the baggage packaging service market

• Americas
• APAC
• EMEA

The baggage packaging service market is witnessing growth in the Americas due to the expansion of airports in North America and growing number of air travellers from Latin America. Additionally, a large number of people are estimated to fly into Latin America from North America and other countries due to the sporting events that are expected to take place in Latin America in the forthcoming years. This in turn, will have a positive impact on the luggage wrapping service market in the region. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global baggage packaging service market?
• What are the key market trends impacting the growth of the global baggage packaging service market?
• What are the challenges to market growth?
• Who are the key vendors in the global baggage packaging service market?
• What are the market opportunities and threats faced by the vendors in the global baggage packaging service market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global baggage packaging service market?

Technavio also offers customization on reports based on specific client requirement.