Global Travel And Business Bags Market Overview:
Travel And Business Bags which is in short known as the Luggage, is an integral part of the activities related to travel & tourism. Travel And Business Bags are refer as a bag which are been used to carry several stuff for business and personal purpose. Inclination of global population has been increasing towards travel and adventure activity, which has been proved beneficial for the industries such as travel & tourism, and, in turn, for industries which are been involved in the manufacturing of related travel gear such as luggage
- Increase in travel and tourism has impacted the demand for travel bags
- Changing lifestyle of growing urbanization
- Product innovation such as polycarbonated luggage is further expected to impel the global in market
- Development in smart luggage with the GPS system tracker has been increasing
- Use of social media by retailers in doing promotion is in demand
- Popularity of mom-and-pops stores
- High cost associated with the product market
- Purchasing power of middle class households in developing regions is creating more demand for premium and fashionable travel bags
- Unorganized players in the large markets in developing countries poses the greatest challenge for the organized luggage market
- Increased raw material cost needed for the manufacturing of the product
Some of the key players profiled in the report are Delsey (France), Louis Vuitton (France), Safari industries (United States), Samsonite International (China), VIP industries (India), Wildcraft India (India), Aldo (Canada), Alfred Dunhill (United Kingdom), Boconi, BottegaVeneta (Italy), Caribee (Australia), Ferari (Italy), Gianni Versace (Italy), Richardo Beverly Hills, IT Luggage (England), Mandarina Duck (Italy), Pierre Cardin (South Africa), Prada (Italy) and Puma (Germany). Additionally, following companies can also be profiled that are part of our coverage like Ralph Lauren, Russel & Bromley (United Kingdom), Donna Karan International and Adidas (Germany). Considering Market by Distribution Channel, the sub-segment i.e. Supermarket/hypermarket will boost the Travel And Business Bags market. Considering Market by Material, the sub-segment i.e. Hard side will boost the Travel And Business Bags market. Considering Market by Prize range, the sub-segment i.e. Premium will boost the Travel And Business Bags market.
Safari Ltd, a family owned and operated manufacturer and global distributor of educational “Toys That Teach“ is showing its appreciation for America’s educators and military by offering special discounts on its beautifully crafted educational products. Celebrating back to school and beyond, Safari Ltd is extending a 40% discount to educators, including teachers, administrators and counselors
The U.S. Customs and Border Protection (CBP) and the Federal Trade Commission (FTC) enforce labeling laws and acts in the United States. In general, textile and apparel products sold in the United States must be labeled with the following information: the fiber content, the country of origin, the manufacturer or dealer identity, and the care instructions
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Travel And Business Bags market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Travel And Business Bags market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Travel And Business Bags manufacturers, Travel And Business Bags suppliers, Travel And Business Bags wholesalers and retailers, Travel And Business Bags raw material suppliers and providers, Luggage industry and End user.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.