Category: Luggage
Luggage market research reports by Euromonitor International
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Bags and Luggage in Argentina
Bags and Luggage in Argentina A rising number of handbag brands have emerged in Argentina with sales exclusively made through retail e-commerce. Many designers have started to produce handbags, offering products made with materials that are more affordable than leather and feature innovative designs ... Read More
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Bags and Luggage in Australia
Bags and Luggage in Australia In 2023, luggage is set to continue its volume and current value growth trajectory in the Australian market, building on the robust sales rebound it experienced in 2022 following the relaxation of pandemic restrictions and the resurgence of travel. While growth is set t ... Read More
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Bags and Luggage in the United Arab Emirates
Bags and Luggage in the United Arab Emirates The United Arab Emirates has been at the forefront of the travel industry’s recovery, and in 2023, there has been a significant development: the complete resurgence of international travel. This resurgence has led to increasing demand for luggage. While i ... Read More
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Bags and Luggage in the Netherlands
Bags and Luggage in the Netherlands Bags and luggage is projected to experience robust growth in 2023, driven by an upsurge in travel activities and a growing preference among Dutch consumers for shorter, more frequent getaways. This trend is significantly contributing to an increased demand for lug ... Read More
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Personal Accessories in Romania
Personal Accessories in Romania Even though inflation remained high in Romania in 2023, personal accessories saw growth in both current value and volume terms. Romanians are increasingly preoccupied with improving their personal image, and despite declining purchasing power, they continue to demonst ... Read More
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Selling Jewellery to Gen Z: Opportunities and Challenges
Selling Jewellery to Gen Z: Opportunities and ChallengesTo boost sales, the jewellery industry must focus on Gen Z, which comprises over 23% of the population and has growing purchasing power. The industry faces the challenge of aligning with Gen Z’s values to secure their attention and spending. Te ... Read More
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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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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 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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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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