Travel and Business Bags Market Trends, Dynamics & Market Insights

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Presents a Research Report on
Travel and Business Bags
Market
The report on the Travel and Business Bags Market
is segmented By Type (Backpacks, Duffel Bags,
Business Bags, Trolley Bags, Suitcases), By
Distribution Channel (Online, Offline), and
Region - COVID-19 Impact Analysis and Forecast to
2026.This market research report provides
in-depth information on trends, dynamics, revenue
opportunities, competitive landscape, and recent
developments in the global travel and business
bags market.


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The Travel and Business Bags Market Highlights
Drivers

• The travel and business bags are widely augmented
  by the rise in economic standards of the people
  over the years, increasing industrialization, and
  growing consciousness towards tourism and fashion
  among the population across the globe.
• In addition, the surge in income among the
  consumers along with inclination towards proper
  lifestyle and entertainment enhancements are
  resulting in the shift in consumer preference
  towards different brands of travel and business
  bags. However, the increasing number of
  counterfeit products as well as growing
  unorganized sectors are likely to hinder the
  industry growth.

• Market Insight
• By Type
• By type, the travel and business bags market has
  been segmented into backpacks, duffel bags,
  business bags, trolley bags, and suitcases. Under
  these, the trolley bags segment accounted for the
  largest market share in 2020.
• The segment growth can be attributed to their
  benefits as they are light in weight, consist of
  easily accessible pockets, are appropriate for
  the elderly population, are well placed with
  special handles, and have spinner wheels for easy
  movement.

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Market Insight Competitive Insights

• By Region
• By region, the market in North America accounted
  for a significant market share in 2020 and is
  projected to grow at a significant CAGR during
  the assessment period.
• The regional growth can be attributed to the high
  product adoption rate and presence of key market
  players such as in the region.
• The market in developing regions is expected to
  register significant CAGR during the review
  period on account of the growing tourism industry
  coupled with the rising per capita income of the
  consumers.
• Key Players
• Delsey (France)
• Louis Vuitton (France)
• Safari industries (India)
• Samsonite International (Hong Kong)
• VIP industries (India)
• Wildcraft India (India)
• Aldo (Canada)
• Alfred Dunhill (UK)
• Boconi (Italy)
• BottegaVeneta (Italy)

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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About Stratview Research
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