Global Luggage Market to Surpass US$ 67.19 Billion by 2025

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• Luggage Market-

GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2016-2025
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REPORT DESCRIPTION
Luggage MarketOverview
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 developments such as smart luggage
is further fuelling growth of the global luggage
market. For instance, in January 2018, 90FUN
launched new smart suitcase 90FUN Puppy 1 which
follows the traveler. However, restrictions on
smart luggage by International Air Transport
Association is hindering growth of the global
luggage market. For instance, smart luggage
containing lithium batteries and non-removable
batteries are banned by major airlines such as
American Airlines due to risk of fire.
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REPORT DESCRIPTION
Luggage MarketOutlook
Asia Pacific held the largest market share of
42.58 in 2016 and is expected to retain the
dominance over the forecast period. Manufacturers
are entering into the regional market due to
increasing demand for luggage. For instance, Tumi
Holdings, subsidiary of Samsonite International
S.A., collaborated with Singapore Airlines
Limited to create limited edition designs of
Alpha 2 international expandable 4 wheeled
carry-on bags in April 2017. Manufacturers
operating in the global luggage market are
adopting different strategies including merger
and acquisition and collaborations among others
for business expansion. For instance, in April
2017, Samsonite International S.A. acquired
travel bag retailer eBags Inc. for US105
million. In November 2014, Perry Ellis
International, Inc. entered into a partnership
with UGA Fashion S.A. de C.V. for designing,
manufacturing and marketing luggage, back packs,
travel bags and travel accessories under the
brand Perry Ellis in Mexico. Request a sample
copy of this report https//www.coherentmarketins
ights.com/insight/request-sample/1436
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REPORT DESCRIPTION
Luggage MarketSegmentation

• Global Luggage Market, By Product Type
• Casual Bag
• Travel Bag
• Business Bag
• Others
• Global Luggage Market, By Distribution Channel
• Supermarkets
• Hypermarkets
• Online Stores
• Specialty Store
• Others
• To know the latest trends and insights prevalent
  in this market, click the link below
• https//www.coherentmarketinsights.com/market-insi
  ght/luggage-market-1436 
• Browse 772 pages, 300 market data tables and
  90 figures on "Luggage Market - Global forecast
  to 2025.

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REPORT DESCRIPTION
Luggage MarketKey Players

• LVMH Moët Hennessy Louis Vuitton SE.
• Rimowa GmbH
• Samsonite International S.A.
• Victorinox Swiss Army, Inc.
• VF Corporation
• Antler Limited
• Bric's Industria Valigeria Fine SpA
• Etienne Aigner AG
• Delsey S.A.
• Coach, Inc,
• VIP Industries Limited.

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