Latest Report Update: Jan 17, 2020

World - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights

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Global Luggage Market Overview 2020

Luggage Market Size

The global luggage market revenue amounted to $X in 2018, going up by X% against the previous year. In general, luggage consumption, however, continues to indicate mild growth. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. In that year, the global luggage market attained its peak level of $X. From 2015 to 2018, the growth of the global luggage market remained at a lower figure.

Luggage Production

In value terms, luggage production totaled $X in 2018 estimated in export prices. In general, luggage production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Over the period under review, global luggage production attained its maximum level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Production By Country

China (X units) constituted the country with the largest volume of luggage production, comprising approx. X% of total volume. Moreover, luggage production in China exceeded the figures recorded by the second-largest producer, India (X units), eightfold. Pakistan (X units) ranked third in terms of total production with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in China totaled -X%. The remaining producing countries recorded the following average annual rates of production growth: India (-X% per year) and Pakistan (-X% per year).

Luggage Exports

Exports 2007-2018

In 2018, the global luggage exports stood at X units, reducing by -X% against the previous year. Overall, luggage exports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. The global exports peaked at X units in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

In value terms, luggage exports stood at $X in 2018. Overall, the total exports indicated a prominent expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, global luggage exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China prevails in luggage exports structure, reaching X units, which was near X% of total exports in 2018. China, Hong Kong SAR (X units), India (X units), Viet Nam (X units), Italy (X units), the U.S. (X units) and Germany (X units) held a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to luggage exports from China stood at -X%. At the same time, Viet Nam (+X%), India (+X%), Germany (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. The U.S. experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Viet Nam (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Italy ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of global exports. Viet Nam, Germany, India and the U.S. lagged somewhat behind, together accounting for a further X Nam recorded the highest rates of growth with regard to market size, in terms of the main exporting countries over the period under review, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average luggage export price amounted to $X per unit, rising by X% against the previous year. Overall, the luggage export price continues to indicate remarkable growth. The growth pace was the most rapid in 2016 when the average export price increased by X% year-to-year. The global export price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Luggage Imports

Imports 2007-2018

In 2018, the global imports of luggage and handbags stood at X units, increasing by X% against the previous year. In general, luggage imports, however, continue to indicate a temperate contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. In that year, global luggage imports reached their peak of X units. From 2015 to 2018, the growth of global luggage imports remained at a somewhat lower figure.

In value terms, luggage imports amounted to $X in 2018. Over the period under review, the total imports indicated remarkable growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, luggage imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, global luggage imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Japan (X units), Germany (X units) and the UK (X units) represented the key importers of luggage and handbags, together generating X% of total imports. Italy (X units), France (X units), Brazil (X units), South Korea (X units), Spain (X units), China, Hong Kong SAR (X units), the Netherlands (X units) and India (X units) held a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to luggage imports into the U.S. stood at +X%. At the same time, India (+X%), Japan (+X%), South Korea (+X%), Germany (+X%), Brazil (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, the UK (-X%), Italy (-X%), Spain (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Japan (+X p.p.), the U.S. (+X p.p.), Germany (+X p.p.) and India (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Italy (-X p.p.), Spain (-X p.p.) and China, Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest luggage importing markets worldwide were the U.S. ($X), China, Hong Kong SAR ($X) and France ($X), together comprising X% of global imports. Italy, the UK, Germany, South Korea, Japan, the Netherlands, Spain, Brazil and India lagged somewhat behind, together comprising a further X the main importing countries, India experienced the highest rates of growth with regard to market size, over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average luggage import price amounted to $X per unit, rising by X% against the previous year. In general, the luggage import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% year-to-year. In that year, the average import prices for luggage and handbags reached their peak level of $X per unit. From 2017 to 2018, the growth in terms of the average import prices for luggage and handbags remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 15121210 - Trunks, suitcases, vanity cases, briefcases, school satchels and similar containers of leather, composition leather, patent leather, plastics, textile materials, aluminium or other materials
• Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
• Prodcom 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)

This report provides an in-depth analysis of the global luggage market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018

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