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Travel and Business Bags Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: Mar 2022
  • Pages: 150
  • SKU: IRTNTR72414
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The travel and business bags market share is expected to increase by USD 11.27 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.62%.

This travel and business bags market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers travel and business bags market segmentation by distribution channel (offline and online), product (travel bags and business bags), and geography (Europe, APAC, North America, Middle East and Africa, and South America). The travel and business bags market report also offers information on several market vendors, including Capri Holdings Ltd., DELSEY, Hermes International SA, IT Luggage Ltd., Kering SA, LVMH Moet Hennessy Louis Vuitton SE, Osprey Packs Inc., Prada SpA, Ralph Lauren Corp., Safari Industries (India) Ltd., Samsonite International SA, Strandbags Group Pty Ltd., Tapestry Inc., Targus Inc., Tods SpA, United States Luggage Co. LLC, Valigeria Roncato Spa, VF Corp., VIP Industries Ltd., and Wildcraft India Pvt. Ltd. among others.

What will the Travel And Business Bags Market Size be During the Forecast Period?

Travel and Business Bags Market Size

Download the Free Report Sample to Unlock the Travel and Business Bags Market Size for the Forecast Period and Other Important Statistics

 

Travel and Business Bags Market: Key Drivers, Trends, and Challenges

The growing demand for lightweight travel bags is notably driving the travel and business bags market growth, although factors such as rising labor costs and fluctuating raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the travel and business bags industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Travel and Business Bags Market Driver

The growing demand for lightweight travel bags is one of the key drivers supporting the travel and business bags market growth. Lightweight and ultra-light travel bags are convenient to carry during travel and save luggage weight charges. They also allow users to carry more luggage and offer them leverage to shop at their travel destinations within their stipulated luggage allowance. For instance, Samsonite International offers Samsonite Uplite 29" Spinner, a lightweight luggage bag weighing 6.19 lbs. It is equipped with a TSA lock for secure travel; comfortable carry-and-wheel handles, integrated ID tag, kick plate protection on the back, lockable front pocket, 2-inch wheels for each maneuverability, two pockets in the top interior compartment, cross ribbons with Smart Fix buckle in the bottom compartment, cross ribbons in the top compartment, and front corner protection. These travel bags are made of high-end materials and smart design engineering. These factors are increasing the demand for lightweight travel bags and thereby, driving the market growth.

Key Travel and Business Bags Market Trend

Growing demand for travel and business bags with smart features is one of the key drivers contributing to the travel and business bags market growth. Vendors offer travel bags with RFID blocking zipped pockets, which shield against scanners retrieving information in credit cards and passport chips. These bags are also equipped with magnetic zipper pullers, which can bind together automatically. Prominent vendors in the market, such as Samsonite, offer EVOA TECH trolley bag, which has features such as fingerprint-activated lock and can save up to ten fingerprints. The bag also comes with a Samsonite x Seekit Bluetooth Tracker, which produces proximity guidance and an alarm when the luggage is moved away from the pre-set distance. The bag is equipped with an Aero-Trac suspension wheel system, which effectively minimizes rolling vibration and noise. These market trends will drive the growth of the global travel and business bags market during the forecast period.

Key Travel and Business Bags Market Challenge

Rising labor costs and fluctuating raw material prices are some of the factors hindering the travel and business bags market growth. The manufacturing of travel and business bags includes the procurement and use of several raw materials. Leather is the major raw material used in the manufacturing of premium or business bags. The leather manufacturing process includes several steps such as procurement, processing, taming, and synthesizing. The process must comply with several government regulations and the use of regulated chemicals that increase the price of leather as a raw material. However, the price of these materials is also dependent on the transportation cost. Furthermore, the transportation cost includes the expenses related to the supply of raw materials to factories, supply of intermediary goods to production sites, transportation of end-products to warehouses, and delivery of finished goods to end-users. Such an increase in transportation costs will negatively impact the market growth during the forecast period.

This travel and business bags market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global travel and business bags market as a part of the global apparel, accessories, and luxury goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the travel and business bags market during the forecast period.

Who are the Major Travel and Business Bags Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Capri Holdings Ltd.
  • DELSEY
  • Hermes International SA
  • IT Luggage Ltd.
  • Kering SA
  • LVMH Moet Hennessy Louis Vuitton SE
  • Osprey Packs Inc.
  • Prada SpA
  • Ralph Lauren Corp.
  • Safari Industries (India) Ltd.
  • Samsonite International SA
  • Strandbags Group Pty Ltd.
  • Tapestry Inc.
  • Targus Inc.
  • Tods SpA
  • United States Luggage Co. LLC
  • Valigeria Roncato Spa
  • VF Corp.
  • VIP Industries Ltd.
  • Wildcraft India Pvt. Ltd.

 

This statistical study of the travel and business bags market encompasses successful business strategies deployed by the key vendors. The travel and business bags market is fragmented and the vendors are deploying growth strategies such as quality, regulatory compliance, and innovation to compete in the market.

Product Insights and News

  • Capri Holdings Ltd. - In August 2021, the company appointed Joshua Schulman as Chief Executive Officer of Michael Kors. 
  • Capri Holdings Ltd. - The company offers wide brands of travel and business bags such as Versace, Michael Kors and many more.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The travel and business bags market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Travel and Business Bags Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the travel and business bags market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Travel And Business Bags Market?

Travel and Business Bags Market Market segmentation by region

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31% of the market's growth will originate from Europe during the forecast period. Germany, France, and the UK are the key markets for travel and business bags market in Europe. Market growth in this region will be faster than the growth of the market in North America.

The availability of a wide variety of designs in the travel and business bags market and related accessories will facilitate the travel and business bags market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic had a negative impact on the regional travel and business bags market. However, in H2 2020, due to the availability of vaccines, the COVID-19 cases in the region were reduced, and the travel restrictions were eased. As a result, the regional demand for travel and business bags rebounded, which is expected to increase during the forecast period and will drive the growth of the regional market.

What are the Revenue-generating Distribution Channel Segments in the Travel and Business Bags Market?

Travel and Business Bags Market Segmentation

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The travel and business bags market share growth by the offline segment will be significant during the forecast period. The revenue of the offline distribution channel comes from the sales of products through specialty stores such as hypermarkets, supermarkets, convenience stores, clubhouse stores; and department stores. They offer a variety of brands and stock-keeping units (SKUs) at competitive prices. Such strategies used by offline retailers are anticipated to drive market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the travel and business bags market size and actionable market insights on post COVID-19 impact on each segment.

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Baby Travel Bags market - The market share is expected to increase to USD 242.37 million from 2021 to 2026, at a CAGR of 6.2%.

Brazil Travel and Business Bags market - The market share in terms of revenue and volume, is expected to grow at a CAGR of 6.39% and 5.42%, respectively, over the period 2014-2019.

China Travel and Business Bags market - The market share will grow at a CAGR of 11.50% and 9.07%, in revenue and volume respectively, during 2014-2019.

France Travel and Business Bags market - The market share in terms of revenue and volume, is expected to grow at a CAGR of 2.29% and 1.88%, respectively, over the period 2014-2019.

Germany Travel and Business Bags market - The market share in terms of revenue and volume, is expected to grow at a CAGR of 2.15% and 1.49%, respectively, over the period 2014-2019.

India Travel and Business Bags market - The market share will grow at a CAGR of 15.49% and 13.31%, in terms of revenue and volume respectively, during 2014-2019. 

Italy Travel and Business Bags market - The market share is expected to grow at a negative CAGR of -0.81% by revenue and -0.96% by volume during the period 2014-2019.

Japan Travel and Business Bags market - The market share will grow at a CAGR of 1.48% and 1.22%, in terms of revenue and volume respectively, during 2014-2019.

Russia Travel and Business Bags market - The market share is expected to grow at a CAGR of 4.27% and 3.69%, in terms of revenue and volume, respectively, during 2014-2019.

UK Travel and Business Bags market - The market share is expected to grow at CAGRs of 4.15% and 3.66%, in terms of revenue and volume, respectively, over the period 2014-2019.

US  Travel and Business Bags market - The market share will grow at a CAGR of 13.58% and 8.31%, in terms of revenue and volume respectively, during 2014-2019.

Travel and Business Bags Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.62%

Market growth 2022-2026

$ 11.27 billion

Market structure

Fragmented

YoY growth (%)

6.91

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

Europe at 31%

Key consumer countries

US, China, Germany, France, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Capri Holdings Ltd., DELSEY, Hermes International SA, IT Luggage Ltd., Kering SA, LVMH Moet Hennessy Louis Vuitton SE, Osprey Packs Inc., Prada SpA, Ralph Lauren Corp., Safari Industries (India) Ltd., Samsonite International SA, Strandbags Group Pty Ltd., Tapestry Inc., Targus Inc., Tods SpA, United States Luggage Co. LLC, Valigeria Roncato Spa, VF Corp., VIP Industries Ltd., and Wildcraft India Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Travel and Business Bags Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive travel and business bags market growth during the next five years
  • Precise estimation of the travel and business bags market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the travel and business bags industry across Europe, APAC, North America, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of travel and business bags market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Distribution Channel

    • 5.1 Market segments
      • Exhibit 25: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 5.2 Comparison by Distribution Channel
      • Exhibit 27: Chart on Comparison by Distribution Channel
      • Exhibit 28: Data Table on Comparison by Distribution Channel
    • 5.3 Offline - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 5.4 Online - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Distribution Channel
      • Exhibit 37: Market opportunity by Distribution Channel ($ million)

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 38: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on Product - Market share 2021-2026 (%)
    • 6.2 Comparison by Product
      • Exhibit 40: Chart on Comparison by Product
      • Exhibit 41: Data Table on Comparison by Product
    • 6.3 Travel bags - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Travel bags - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Travel bags - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Travel bags - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Travel bags - Year-over-year growth 2021-2026 (%)
    • 6.4 Business bags - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Business bags - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Business bags - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Business bags - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Business bags - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 50: Market opportunity by Product ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 54: Chart on Geographic comparison
      • Exhibit 55: Data Table on Geographic comparison
    • 8.3 Europe - Market size and forecast 2021-2026
      • Exhibit 56: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 57: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 58: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 59: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.4 APAC - Market size and forecast 2021-2026
      • Exhibit 60: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.5 North America - Market size and forecast 2021-2026
      • Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 68: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.7 South America - Market size and forecast 2021-2026
      • Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 China - Market size and forecast 2021-2026
      • Exhibit 80: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.10 Germany - Market size and forecast 2021-2026
      • Exhibit 84: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.11 France - Market size and forecast 2021-2026
      • Exhibit 88: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 8.12 UK - Market size and forecast 2021-2026
      • Exhibit 92: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 96: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 99: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 100: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 101: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 102: Matrix on vendor position and classification
            • 11.3 Capri Holdings Ltd.
              • Exhibit 103: Capri Holdings Ltd. - Overview
              • Exhibit 104: Capri Holdings Ltd. - Business segments
              • Exhibit 105: Capri Holdings Ltd. - Key news
              • Exhibit 106: Capri Holdings Ltd. - Key offerings
              • Exhibit 107: Capri Holdings Ltd. - Segment focus
            • 11.4 DELSEY
              • Exhibit 108: DELSEY - Overview
              • Exhibit 109: DELSEY - Product / Service
              • Exhibit 110: DELSEY - Key offerings
            • 11.5 Hermes International SA
              • Exhibit 111: Hermes International SA - Overview
              • Exhibit 112: Hermes International SA - Business segments
              • Exhibit 113: Hermes International SA - Key offerings
              • Exhibit 114: Hermes International SA - Segment focus
            • 11.6 IT Luggage Ltd.
              • Exhibit 115: IT Luggage Ltd. - Overview
              • Exhibit 116: IT Luggage Ltd. - Product / Service
              • Exhibit 117: IT Luggage Ltd. - Key offerings
            • 11.7 Kering SA
              • Exhibit 118: Kering SA - Overview
              • Exhibit 119: Kering SA - Business segments
              • Exhibit 120: Kering SA - Key offerings
              • Exhibit 121: Kering SA - Segment focus
            • 11.8 LVMH Moet Hennessy Louis Vuitton SE
              • Exhibit 122: LVMH Moet Hennessy Louis Vuitton SE - Overview
              • Exhibit 123: LVMH Moet Hennessy Louis Vuitton SE - Business segments
              • Exhibit 124: LVMH Moet Hennessy Louis Vuitton SE - Key news
              • Exhibit 125: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
              • Exhibit 126: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
            • 11.9 Samsonite International SA
              • Exhibit 127: Samsonite International SA - Overview
              • Exhibit 128: Samsonite International SA - Business segments
              • Exhibit 129: Samsonite International SA - Key offerings
              • Exhibit 130: Samsonite International SA - Segment focus
            • 11.10 Strandbags Group Pty Ltd.
              • Exhibit 131: Strandbags Group Pty Ltd. - Overview
              • Exhibit 132: Strandbags Group Pty Ltd. - Product / Service
              • Exhibit 133: Strandbags Group Pty Ltd. - Key offerings
            • 11.11 Tapestry Inc.
              • Exhibit 134: Tapestry Inc. - Overview
              • Exhibit 135: Tapestry Inc. - Business segments
              • Exhibit 136: Tapestry Inc. - Key offerings
              • Exhibit 137: Tapestry Inc. - Segment focus
            • 11.12 VF Corp.
              • Exhibit 138: VF Corp. - Overview
              • Exhibit 139: VF Corp. - Business segments
              • Exhibit 140: VF Corp. - Key news
              • Exhibit 141: VF Corp. - Key offerings
              • Exhibit 142: VF Corp. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 143: Inclusions checklist
                • Exhibit 144: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 145: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 146: Research methodology
                • Exhibit 147: Validation techniques employed for market sizing
                • Exhibit 148: Information sources
              • 12.5 List of abbreviations
                • Exhibit 149: List of abbreviations

              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
              Technavio

              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
              Technavio

              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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              Travel and Business Bags market growth will increase by $11278.76 million during 2021-2026.
              The travel and business bags market is expected to grow at a CAGR of 7.62% during 2021-2026.
              Technavio has segmented the travel and business bags market by distribution channel (Offline and Online) ,product (Travel bags and Business bags) , and geographic (Europe, APAC, North America, Middle East and Africa, and South America).
              Capri Holdings Ltd., DELSEY, Hermes International SA, IT Luggage Ltd., Kering SA, LVMH Moet Hennessy Louis Vuitton SE, Osprey Packs Inc., Prada SpA, Ralph Lauren Corp., Safari Industries (India) Ltd., Samsonite International SA, Strandbags Group Pty Ltd., Tapestry Inc., Targus Inc., Tods SpA, United States Luggage Co. LLC, Valigeria Roncato Spa, VF Corp., VIP Industries Ltd., Wildcraft India Pvt. Ltd. are a few of the key vendors in the travel and business bags market.
              Europe will register the highest growth rate of 31.29% among the other regions. Therefore, the travel and business bags market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the travel and business bags market growth are:
              • Growing demand for lightweight travel bags
              • Growing demand for travel and business bags with smart features
              The travel and business bags market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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