According to a new market report published by Persistence Market Research “Global Market Study on Luggage: Travel Bags to Witness Highest Growth by 2020”, the global luggage market is expected to grow at a CAGR of 5.8% during 2014 to 2020 and to reach an estimated value of USD 43.4 billion in 2020.

Increasing urbanization and changing lifestyles are the key drivers for the global luggage market. Technological advancements are further creating opportunities for luggage sales among ... Read more