Suitcase and Briefcase Market Size- By Product, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Suitcase and Briefcase Market Introduction and Overview
According to SPER market research, ‘Suitcase and Briefcase Market – By Product, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Suitcase and Briefcase Market is predicted to reach USD 56.87 billion by 2033 with a CAGR of 5.86%.
Though a briefcase and a suitcase are used for similar purposes, they serve distinct purposes. During travel, clothes and other personal possessions are kept in a suitcase, which is often larger. To make it portable, it usually has wheels and a handle. When it comes to holding documents, papers, and other business necessities, a briefcase is a more manageable, smaller bag. Carrying laptops, papers, and business documents are among the goods that professionals commonly use it to carry.
Numerous countries have been impacted globally by the COVID-19 pandemic, travel restrictions, and local and national lockdowns. Like many other economic sectors, the global luggage industry had a slowdown, especially in the first half of 2020. Owing to the restrictions and lockdowns implemented by the various regulatory agencies, a number of industries either temporarily ceased operations during the shutdown or functioned with fewer employees.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product, By Distribution Channel
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies CoveredAce Co.Ltd, Antler Ltd, Brics Industria Valigeria Fine SPA, Delsey S.A., Luggage America Inc, LVMH Moet Hennessy Louis Vuittion, Nike Inc, Samsonite International SA, F. Corporation, Valigeria Ronacoto.
Suitcase and Briefcase Market Key Segments CoveredBy Product:Based on the Product, Global Suitcase and Briefcase Market is segmented as; Travel cases and Business CASES.
By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.