Hand Luggage Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Hand luggage refers to luggage that a passenger is allowed to carry along. Hand luggage is manufactured from nylon, plastic, and leather. Manufacturers are providing consumers a wide range of hand luggage, with multiple storage options and designs.

MARKET DYNAMICS

The need of carrying a bag that can store essential items during traveling has created an opportunity for manufacturers to meet the consumer's demand. The rise of traveling due to business trips has further accelerated the growth of the market.

MARKET SCOPE

The "Global Hand Luggage Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hand luggage market with detailed market segmentation by material, distribution channel and geography. The global hand luggage market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hand luggage market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global hand luggage market is segmented based on type and distribution channel. Based on material, the market is segmented into canvas, leather, nylon, plastic, polyester, and others. Based on distribution channels, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hand luggage market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hand luggage market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the hand luggage market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the hand luggage market in these regions.

MARKET PLAYERS

The reports cover key developments in the hand luggage market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hand luggage market are anticipated to lucrative growth opportunities in the future with the rising demand for hand luggage in the global market. Below mentioned is the list of few companies engaged in the hand luggage market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hand luggage market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Ace Co. Ltd.
  
•   Delsey
  
•   DG Piramal Group
  
•   Fox Luggage Inc.
  
•   Gucci
  
•   Lvmh
  
•   Samsonite
  
•   Travelpro Products, Inc
  
•   U.S. Luggage Company
  
•   Victorinox
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Hand Luggage Report Scope