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Global Travel Duffel Bags Market 2016-2020

  • Published: Apr 2016
  • Pages: 55
  • SKU: IRTNTR8558
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This market research report presents a detailed segmentation of the global travel duffel bags market by retail format (specialist retail stores, company-owned stores, e-retail stores, and others). It also includes a market share analysis of the key geographies, including APAC, Europe, North America, and ROW. The leading vendors analyzed in this market research are Eagle Creek, Everest, Luggage America, Netpackbag, and Samsonite.

Outlook of the global travel duffel bags market

Technavio’s market research analyst predicts the global travel duffel bags market to register a CAGR of around 13% by 2020. Factors such as the populace’s rising disposable income and increasing spending on travel will propel the sale of travel duffel bags until 2020.

Product innovations by vendors are also expected to boost the sale of travel duffel bags during the forecast period. Recently, it has been observed that the providers in the global travel duffel bags market are increasingly focusing on innovative product offerings as it helps them to cater to the needs of their customers. This change in the focus of vendors will result in the launch of products that have innovative designs, colors, and shape. Consequently, with the launch of such innovative travel duffel bags, the global market for travel duffel bags will have a positive outlook until 2020.

Segmentation by retail format and analysis of the travel duffel bags market

  • Company-owned stores
  • Online stores
  • Specialist retail stores

In this market research, analysts have estimated the specialist retail stores segment to be the largest revenue contributor to the global travel duffel bags market during the forecast period. This market segment accounted for around 30% of the total market revenue and is envisaged to retain its hold over the market until 2020 owing to the availability of a vast array of products in these stores. The ability of such stores to provide the required assistance to consumers is another significant factor that will foster the prospects for growth in this market segment until 2020.

Geographical segmentation of the travel duffel bags market

  • APAC
  • Europe
  • North America
  • ROW

In 2015, the North American region dominated the global market for travel duffel bags due to factors like the recent increase in outbound and domestic travel and tourism, and the rising focus on internet retailing.

Competitive landscape and key vendors

The global duffle bags market is characterized by the presence of numerous vendors that offer products at multiple price points. During the forecast period, the level of competition between the providers is anticipated to intensify with new product launches and the entry of international players into new geographies.

Key vendors in the market are -

  • Eagle Creek
  • Everest
  • Luggage America
  • Netpackbag
  • Samsonite

Other prominent vendors in the market include BRIC’s Industria Valigeria Fine, Briggs and Riley, Delsey, Valigeria, Victorinox Swiss Army, VIP Industries, IT Duffel, Rimowa, Travelpro, Tumi, Victorinox, and Ralph Lauren.

Key questions answered in the report

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global travel duffel bags market?
  • What are the key market trends impacting the growth of the global travel duffel bags market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global travel duffel bags market?
  • What are the market opportunities and threats faced by the vendors in the global travel duffel bags market?
  • Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
  • What are the key outcomes of the five forces analysis of the global travel duffel bags market? 

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Global luggage market
  • Global travel bags market
  • Global travel duffel bags market
  • Five forces analysis

PART 06: Market segmentation by store format

  • Segmentation of global travel duffel bags market by store format

PART 07: Geographical segmentation

  • Global travel duffel bags market by geography
  • Travel duffel bags market in North America
  • Travel duffel bags market in APAC
  • Travel duffel bags market in Europe
  • Travel duffel bags market in ROW

PART 08: Key leading countries

PART 09: Market drivers

  • Growing travel and tourism industry
  • Demand for luxury travel duffel bags
  • Increasing popularity of ultra-lightweight travel duffel bags

PART 10: Impact of drivers

PART 11: Market challenges

  • Availability of counterfeit products
  • Long product replacement cycle
  • Increasing competition from local brands

PART 12: Impact of drivers and challenges

PART 13: Market trends

  • Introduction of improved quality products
  • Increasing focus on marketing and promotional activities

PART 14: Vendor landscape

  • Competitive scenario
  • Major vendors 2015
  • Eagle Creek
  • Everest
  • Luggage America
  • Netpackbag
  • Samsonite
  • Other prominent vendors

PART 15: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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