Travel Luggage Market Analysis By Size, Share Trends, Future Growth, Emerging Trends, Qualitative Outlook – Global Forecasts to 2031

Kenneth Research recently released a report titled Travel Luggage Market which gives comprehensive insights into the current market environment. The report also offers an in-depth analysis of the market on the basis of size, volume, and compound annual growth rate (CAGR) during the forecast period, i.e., 2022-2031.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Travel Luggage Market products.

The Final Report will cover the impact analysis of COVID-19 on this industry:

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10163650

The Global Travel Luggage Market was valued at USD 16,873.70 million the year 2018. Global Travel Luggage market is expected to grow due to a number of factors that includes rapid new product launches with attractive designs, enhanced functionality and durability coupled with increasing consumer interests in leisure travel and rising preference for luggage brands as lifestyle products. In addition, increasing domestic and international tourism is resulting in growing demand for Travel Luggage at significant rate.

With improving connectivity, decreasing air travel cost, development of supporting travel & tourism infrastructure and rising per capita income, people are willing to travel far off places and explore new things which is ultimately benefiting the global Travel Luggage market.

Among the regions, Asia Pacific Travel Luggage Market will continue to be the largest market in the forecast period, majorly driven by high population increased disposable income, increasing number of globetrotters leading to higher spending on leisure travel and foreign spending.

Global Travel Luggage Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Travel Luggage Market – Size, Growth, Forecast
• Analysis by Price Point: Value & Mid-Level, Premium, Luxury
• By Distribution Channel: Specialty Stores, Departmental Stores, Internet Sales & Others

Regional Travel Luggage Market – North America, Europe, Asia Pacific, ROW (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Travel Luggage Market – Size, Growth, Forecast
• Analysis by Price Point: Value & Mid-Level, Premium, Luxury
• By Distribution Channel: Specialty Stores, Departmental Stores, Internet Sales & Others

Country Analysis – U.S. Canada, Mexico, U.K., Germany, China, India & Japan (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Travel Luggage Market – Size, Growth, Forecast
• Analysis by Price Point: Value & Mid-Level, Premium, Luxury
• By Distribution Channel: Specialty Stores, Departmental Stores, Internet Sales & Others

Company Analysis – Samsonite International S.A., RIMOVA, Briggs & Riley Travelware, VIP Industries Ltd., VF Corporation, DELSEY, Fox Luggage Inc.

Request For Full Report: https://www.kennethresearch.com/sample-request-10163650

Other Report Highlights
• Competitive Landscape – Sales Comparison, Market Share, Geographical Presence
• Leading Companies
• Market Dynamics – Drivers and Restraints.
• Market Trends
• Porter Five Forces Analysis.
• SWOT Analysis.

Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

About Us
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

Contact Us
Name: Kenneth research
Email:sales@kennethresearch.com
Phone: +1 313 462 0609Mosquito Repellent Market
Cigarette Market
Women Innerwear Market
Mattress Market
Luxury Handbag Market

Related posts

Leave a Comment