DUBLIN, August 11, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Luggage Market 2017-2021" report to their offering.
The global luggage market to grow at a CAGR of 6.07% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global luggage market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of luggage to individual consumers globally. The report also includes a discussion of the key vendors operating in this market.
Luggage and related luggage products are increasingly moving away from having only utilitarian value to functioning as fashion accessories. Luggage products have been gaining consumer interest with the growing popularity of outdoor sports and adventure travel, apart from a rise in the global travel industry.
Innovation is expected in design, color, shape, and weight. Leather and microfibers are being used to manufacture lightweight luggage products. Specialty luggage products are being introduced promising enhanced comfort, convenience, and utility. The concept of smart luggage would gain in prominence during the forecast period.
According to the report, one of the major drivers for this market is consumer shifts toward high standard of living. Many developing countries have seen a considerable rise in the middle-class population and a strong, visible increase in their income levels. One of the reasons for increased income levels is a rise in the number of working women. Due to the changing lifestyles, there is an increase in working and nuclear families. The growing number of working women across the world has also made consumers to spend more on their recreational activities.
- Louis Vuitton
- VF Corporation
Other prominent vendors
- AMG Group
- CamelBak Products
- Deuter Sport
- Etienne Aigner
- Gregory Mountain Products
- High Sierra
- Osprey Packs
- Sierra Designs
- Valigeria Roncato
- VIP Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by distribution channel
Part 08: Geographical segmentation
Part 09: Key leading countries
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Competitor landscape
Part 16: Key competitor analysis
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/dvnkth/global_luggage
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SOURCE Research and Markets