The global luggage market is gaining traction owing to the convenience and comfort it provides to the travelers during travelling. Luggage or baggage mainly consists of cases, bags, and containers which helps in holding travelers’ articles while they are traveling. Over the time luggage has changed drastically. Previously, luggage were usually made of heavy materials or wood. However, with the rising ... Read more
The global luggage market is gaining traction owing to the convenience and comfort it provides to the travelers during travelling. Luggage or baggage mainly consists of cases, bags, and containers which helps in holding travelers’ articles while they are traveling. Over the time luggage has changed drastically. Previously, luggage were usually made of heavy materials or wood. However, with the ... Read more
The global luggage market is gaining traction owing to the convenience and comfort it provides to the travelers during travelling. Luggage or baggage mainly consists of cases, bags, and containers which helps in holding travelers’ articles while they are traveling. Over the time luggage has changed drastically. Previously, luggage were usually made of heavy materials or wood. However, with the rising ... Read more
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 ... Read more
The global luggage market is gaining traction owing to the convenience and comfort it provides to the travelers during travelling. Luggage or baggage mainly consists of cases, bags, and containers which helps in holding travelers’ articles while they are traveling. Over the time luggage has changed drastically. Previously, luggage were usually made of heavy materials or wood. However, with the rising accessibility in air traveling, customer preferences toward lightweight bags and suitcases ... Read more
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 marketis 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 ... Read more
21st Feb 2020 - The global Luggage Market is estimated to develop at a substantial CAGR of 6.28% for the duration of the prediction. Growing suburbanization and exchanging standard of living are the important motivators for the luggage market. Technical progressions are additionally ... Read more
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 ... Read more
Luggage refers to bags, cases or containers which hold things while traveling. Key types include suitcases on wheels, carry-on bags, duffel bags and backpacks. Luggage allows people to conveniently transport clothing, electronics, toiletries and other travel essentials in an organized manner.
The global luggage market is estimated to be valued at US$ 177.03 Bn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new ... Read more
Luggage consists of bags, cases and containers which hold a traveler's personal belongings. They come in different types including duffle bags, hardside luggage, garment bags, trolley and also softside luggage. Luggage helps travelers to organize their goods neatly and prevent damage while travelling. The growing tourism and business trips across the globe has increased the need for durable and flexible luggage options.
The global luggage market is estimated to be valued at US$ 102. ... Read more
