Category: Luggage
Luggage market research reports by Euromonitor International
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Personal Accessories in Australia
Personal Accessories in Australia In the challenging economic climate of 2023, personal accessories is navigating a landscape marked by hyperinflation and economic uncertainty. The slowing of sales growth observed in the latter half of 2022 appears to be continuing in 2023, as consumers grapple with ... Read More
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Bags and Luggage in the United Kingdom
Bags and Luggage in the United Kingdom Bags and luggage is set to maintain growth in both retail volume and current value terms in the UK in 2023. Although volume sales are expected to increase in most categories, it is significant to note that luggage is anticipated to see the most significant incr ... Read More
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Bags and Luggage in China
Bags and Luggage in China The resurgence of both volume and current value sales of bags and luggage is anticipated in 2023 overall, primarily owing to the relaxation of pandemic constraints and the lifting of restrictions in the early months of the year. As offline activities have resumed in tandem ... Read More
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Personal Accessories in South Korea
Personal Accessories in South Korea Continuing high inflation and financial constraints derived from the unstable global economy have discouraged consumer spending on discretionary items, which is set to result in slower retail volume and current value growth for personal accessories in 2023 compare ... Read More
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Personal Accessories in Thailand
Personal Accessories in Thailand Sales of personal accessories are expected to show continued signs of recovery in the market in 2023, despite factors hindering growth, such as local political uncertainty, higher household debt, high rates of inflation, and higher consumer expenditure on living cost ... Read More
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Bags and Luggage in Indonesia
Bags and Luggage in Indonesia Retail sales of bags and luggage registered a vastly improved performance in both volume and constant value terms in 2023, when compared to the previous year. As the country emerged from COVID-19 crisis, Indonesians became increasingly keen to travel, despite rising cos ... Read More
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Personal Accessories in France
Personal Accessories in France Generally, 2023 has been a positive year for value sales of personal accessories in France, while overall demand is declining, depending on the category. The main contributor to value growth is a normalisation effect post-pandemic, inflation and strong price increases, ... Read More
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Bags and Luggage in Mexico
Bags and Luggage in Mexico Bags and luggage is set to exhibit robust double-digit growth in current value terms in 2023, which can be attributed primarily to the positive influence of widespread vaccination in Mexico, and the official cessation of the state of emergency for the COVID-19 pandemic in ... Read More
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Bags and Luggage in Japan
Bags and Luggage in Japan Tourism was one of the industries that was significantly impacted by COVID-19, as border restrictions were tightened globally. Many consumers also refrained from taking domestic trips in the first phase of the pandemic. There were multiple forms of government support to boo ... Read More
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Bags and Luggage in Singapore
Bags and Luggage in Singapore Owing to a sharp decline in travel due to the pandemic, retail volume and current value sales of luggage in Singapore fell drastically in 2020, by nearly 50%. This was against the backdrop of more than an 85% decline in the number of outbound departures in Singapore, ac ... Read More
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Bags and Luggage in Romania
Bags and Luggage in Romania Despite the prevailing inflation in Romania, bags and luggage continued to exhibit growth. Average unit prices surged in 2022 and 2023 due to increased costs associated with energy, raw materials, and other factors. This led many Romanians to opt for more affordable produ ... Read More
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Personal Accessories in the United Kingdom
Personal Accessories in the United Kingdom Personal accessories is anticipated to keep expanding in retail volume terms in the UK in 2023, due to continued indulgence amongst consumers in the country, as well as the resurgence and growth of inbound tourism. While sales are also anticipated to grow i ... Read More
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Bags and Luggage in the US
Bags and Luggage in the US Despite high travel costs and inflation in 2022, consumers were committed to continuing their travel plans post-pandemic, which benefited sales of luggage, and certain bags, such as backpacks and duffel bags, as consumers looked to refresh or upgrade their travel accessori ... Read More
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Luxury Goods in Singapore
Luxury Goods in Singapore Retail value sales of luxury goods in Singapore increased by 11% in 2023 in current terms, to total SGD12.4 billion. Development was still widely defined by recovery and a return to more normal consumer behaviour in terms of working, shopping, travelling, and spending on lu ... Read More
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The Return of Travel and its Impact on Luggage Recovery
The Return of Travel and its Impact on Luggage Recovery The luggage industry faced significant challenges during the pandemic, with sales plummeting in 2020. As COVID-19 restrictions eased in 2021, travel rebounded, aiding sales recovery. However, factors like inflation, the war in Ukraine, and Chin ... Read More
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Retail Shifts in Latin American Fashion
Retail Shifts in Latin American Fashion Fashion sales in Latin America have surpassed pre-pandemic levels by 2022, driven mainly by price increases due to high inflation. E-commerce grew strongly to become the second largest channel, but consumers in the region are still more inclined to buy fashion ... Read More
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Bags and Luggage in South Africa
Bags and Luggage in South Africa Consumers’ disposal incomes in 2022 are being drastically changed by unprecedented economic conditions in South Africa. The impact of rising inflation on food, electricity, and fuel is forcing local consumers to reduce purchases of perceived non-essential items such ... Read More
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Bags and Luggage in South Africa
Bags and Luggage in South Africa Consumers’ disposal incomes in 2022 are being drastically changed by unprecedented economic conditions in South Africa. The impact of rising inflation on food, electricity, and fuel is forcing local consumers to reduce purchases of perceived non-essential items such ... Read More
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Bags and Luggage in the Philippines
Bags and Luggage in the Philippines Some manufacturers started selling their bags and luggage at large discounts in 2021 in order to get rid of their old inventory that had built up during the pandemic. There have also been several sales activities like buy-now-pay-later offers which have helped to ... Read More
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Bags and Luggage in South Korea
Bags and Luggage in South Korea Following the emergence of the pandemic and subsequent severe lockdowns, sales of luggage in South Korea plummeted due to limited potential for travel. As a result, most luggage disappeared from displays in department stores, grocery retailers, and other distribution ... Read More
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Bags and Luggage in Sweden
Bags and Luggage in Sweden Bags and luggage is set to see positive value growth in Sweden during 2022, primarily driven by current value sales of luggage, backpacks, business cases and luxury handbag sales. Reduced cases of COVID-19, a heightened vaccine rate and the reopening of public places has i ... Read More
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Bags and Luggage in Poland
Bags and Luggage in Poland Luggage has been the most dynamic category within bags and luggage in 2022 both in current value and retail volume terms. The recovery of tourist traffic after the COVID-19 pandemic has been a key springboard to growth. Cheaper products in particular are gaining popularity ... Read More
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Bags and Luggage in Turkey
Bags and Luggage in Turkey While bags and luggage are expected to register very high double-digit current value growth, constant value growth is expected to be much more muted. The reason for such high current value growth is that Turkey has one of the highest inflation rates in the world in 2022, w ... Read More
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Bags and Luggage in Malaysia
Bags and Luggage in Malaysia Growth in sales of bags and luggage is strong in 2022 in line with the easing of pandemic-related restrictions – in particular, the reopening of international borders and the return of both overseas and domestic travel. Now that consumers can travel freely they have begu ... Read More
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Bags and Luggage in Taiwan
Bags and Luggage in Taiwan With COVID-19 restrictions easing in the country, workers are returning to office and work spaces, travel is high once more as borders have reopened, and the vaccine rate is increasing – encouraging consumers to travel once more. As such, the demand for bags and luggage ha ... Read More
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