Luggage Market, By Product Type (Travel Bags, Trolley & Duffle Bags, Lifestyle Bags, Backpack, Garment Bags, Business Cases, Briefcases, Attache Cases, Business Backpacks, Others), By Distribution Channel (Wholesale & Specialty Stores, Hypermarkets, Supermarkets, Online Stores, and Others), By Price range (Mid Range, Low Range, and Premium Range), By Category (Soft-side and Hard-side), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Asia Pacific is expected to be the largest market for luggage, and is expected to grow at a CAGR of over 38% during the forecast period. The growth of the luggage market in Asia Pacific is attributed to increasing demand for luggage in countries such as India and China.
North America is expected to be the second-largest market for luggage, and is expected to grow at a CAGR of over 29% during the forecast period. The growth of the luggage market in North America is attributed to increasing demand for luggage in countries such as U.S. and Canada.
Europe is expected to be the fastest-growing market for luggage, and is expected to grow at a CAGR of over 18% during the forecast period. The growth of the luggage market in Europe is attributed to increasing demand for luggage in countries such as France, Germany, the Netherlands, and Russia.
Geographies covered:
North America: U.S. and Canada
Latin America: Brazil, Argentina, and Mexico
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, and Rest of Middle East