Global travel luggage market is projected to display a robust growth represented by a CAGR of 7.06% during 2018 - 2023.
The Value & Mid category of Travel Luggage market accounts for larger market share and witnessed growth at a noteworthy rate over the past few years and is expected to grow in the forecast period on the back of rapid urbanization, growing middle income class group, emerging low cost products with better functionality and high durability.
However, the demand for Travel Luggage in premium segment is anticipated to advance at higher rate owing to the increasing disposable income, changing lifestyle and growing perception of viewing Travel Luggage as part of lifestyle products in line with the emerging new products into the segment with integrated innovative products.
Amongst the regions, Asia-Pacific accounts for the largest regional share in the global Travel Luggage market in 2018. Key factors driving the robust growth rate of Asia-pacific region include rapid urbanization, increasing investment in travel & tourism and rapidly increasing disposable income of middle class income group.
Scope of the Report
Global Travel Luggage Market (Actual Period: 2013-2017, Forecast Period: 2018-2023
Global Travel Luggage Market - Size and Growth
By Price Point - Value & Mid, Premium, Luxury
By Distribution Channel - Specialty Stores, Departmental Stores, Internet Sales, Others
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Strategic Recommendation
4. Global Travel Luggage Market
5. Global Travel Luggage Market: Growth and Forecast