Leather Luggage Bags Market Strategies and Share 2031
MARKET INTRODUCTION
Leather luggage bags have transportation objects and are specially made from leather or blends of leather. The leather used for the bags is made from the hide of animals. Supreme quality leather is a remarkably durable material. The global leather luggage bags market is marked by durability, light in weight, attractive opulence, water-resistant qualities.
MARKET DYNAMICS
Leather luggage bags are trending as the manufacturers encourage the fashion trends and come with innovative products. The growing tourism industry tends to opt consumers for compact and stylish leather luggage bags. Also, the government's impositions on no-cruelty in many countries can hamper the growth of the leather luggage bags market. Moreover, consumers' increasing income and standard of living increased sales of leather luggage bags in the global market. In addition, the durability, water-resistant properties are driving the leather luggage bags market around the globe.
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MARKET SCOPE Shejal Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
The "Global Leather Luggage Bags Market Analysis to 2031" is a specialized and in-depth study of consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the leather luggage bags market with detailed market segmentation by product type, and distribution channel. The global leather luggage bags market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading leather luggage bags market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global leather luggage bags market is segmented into by product type, and distribution channel. Based on product type, the global leather luggage bags market is segmented into backpacks, duffle bags, and others. By distribution channel, the global leather luggage bags market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the leather luggage bags industry, including both qualitative and quantitative information. It provides an overview and forecast of the global leather luggage bags market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The leather luggage bags 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 leather luggage bags market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 leather luggage bags market in these regions.
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The report provides a detailed overview of the leather luggage bags industry, including both qualitative and quantitative information. It provides an overview and forecast of the global leather luggage bags market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The leather luggage bags 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 leather luggage bags market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 leather luggage bags market in these regions.
MARKET PLAYERS
The report covers vital developments in the leather luggage bags 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the leather luggage bags market are anticipated to witness lucrative growth opportunities in the future with the rising demand for leather luggage bags in the global market. Below mentioned is the list of few companies engaged in the leather luggage bags market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the leather luggage bags market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Samsonite IP Holdings S.A.R.L.
- LOUIS VUITTON
- DELSAY
- Victorinox
- Briggs and Relay Travelware
- Safari, Inc.
- KERING
- DIOR
- Tommy Hilfiger Licensing, LLC.
- Tumi, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Leather Luggage Bags Market - By Product Type
1.3.2 Leather Luggage Bags Market - By Distribution Channel
1.3.3 Leather Luggage Bags Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LEATHER LUGGAGE BAGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. LEATHER LUGGAGE BAGS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LEATHER LUGGAGE BAGS MARKET - GLOBAL MARKET ANALYSIS
6.1. LEATHER LUGGAGE BAGS - GLOBAL MARKET OVERVIEW
6.2. LEATHER LUGGAGE BAGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LEATHER LUGGAGE BAGS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. BACKPACKS
7.3.1. Overview
7.3.2. Backpacks Market Forecast and Analysis
7.4. DUFFLE BAGS
7.4.1. Overview
7.4.2. Duffle Bags Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. LEATHER LUGGAGE BAGS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. LEATHER LUGGAGE BAGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Leather Luggage Bags Market Overview
9.1.2 North America Leather Luggage Bags Market Forecasts and Analysis
9.1.3 North America Leather Luggage Bags Market Forecasts and Analysis - By Product Type
9.1.4 North America Leather Luggage Bags Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Leather Luggage Bags Market Forecasts and Analysis - By Countries
9.1.5.1 United States Leather Luggage Bags Market
9.1.5.1.1 United States Leather Luggage Bags Market by Product Type
9.1.5.1.2 United States Leather Luggage Bags Market by Distribution Channel
9.1.5.2 Canada Leather Luggage Bags Market
9.1.5.2.1 Canada Leather Luggage Bags Market by Product Type
9.1.5.2.2 Canada Leather Luggage Bags Market by Distribution Channel
9.1.5.3 Mexico Leather Luggage Bags Market
9.1.5.3.1 Mexico Leather Luggage Bags Market by Product Type
9.1.5.3.2 Mexico Leather Luggage Bags Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Leather Luggage Bags Market Overview
9.2.2 Europe Leather Luggage Bags Market Forecasts and Analysis
9.2.3 Europe Leather Luggage Bags Market Forecasts and Analysis - By Product Type
9.2.4 Europe Leather Luggage Bags Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Leather Luggage Bags Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Leather Luggage Bags Market
9.2.5.1.1 Germany Leather Luggage Bags Market by Product Type
9.2.5.1.2 Germany Leather Luggage Bags Market by Distribution Channel
9.2.5.2 France Leather Luggage Bags Market
9.2.5.2.1 France Leather Luggage Bags Market by Product Type
9.2.5.2.2 France Leather Luggage Bags Market by Distribution Channel
9.2.5.3 Italy Leather Luggage Bags Market
9.2.5.3.1 Italy Leather Luggage Bags Market by Product Type
9.2.5.3.2 Italy Leather Luggage Bags Market by Distribution Channel
9.2.5.4 United Kingdom Leather Luggage Bags Market
9.2.5.4.1 United Kingdom Leather Luggage Bags Market by Product Type
9.2.5.4.2 United Kingdom Leather Luggage Bags Market by Distribution Channel
9.2.5.5 Russia Leather Luggage Bags Market
9.2.5.5.1 Russia Leather Luggage Bags Market by Product Type
9.2.5.5.2 Russia Leather Luggage Bags Market by Distribution Channel
9.2.5.6 Rest of Europe Leather Luggage Bags Market
9.2.5.6.1 Rest of Europe Leather Luggage Bags Market by Product Type
9.2.5.6.2 Rest of Europe Leather Luggage Bags Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Leather Luggage Bags Market Overview
9.3.2 Asia-Pacific Leather Luggage Bags Market Forecasts and Analysis
9.3.3 Asia-Pacific Leather Luggage Bags Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Leather Luggage Bags Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Leather Luggage Bags Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Leather Luggage Bags Market
9.3.5.1.1 Australia Leather Luggage Bags Market by Product Type
9.3.5.1.2 Australia Leather Luggage Bags Market by Distribution Channel
9.3.5.2 China Leather Luggage Bags Market
9.3.5.2.1 China Leather Luggage Bags Market by Product Type
9.3.5.2.2 China Leather Luggage Bags Market by Distribution Channel
9.3.5.3 India Leather Luggage Bags Market
9.3.5.3.1 India Leather Luggage Bags Market by Product Type
9.3.5.3.2 India Leather Luggage Bags Market by Distribution Channel
9.3.5.4 Japan Leather Luggage Bags Market
9.3.5.4.1 Japan Leather Luggage Bags Market by Product Type
9.3.5.4.2 Japan Leather Luggage Bags Market by Distribution Channel
9.3.5.5 South Korea Leather Luggage Bags Market
9.3.5.5.1 South Korea Leather Luggage Bags Market by Product Type
9.3.5.5.2 South Korea Leather Luggage Bags Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Leather Luggage Bags Market
9.3.5.6.1 Rest of Asia-Pacific Leather Luggage Bags Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Leather Luggage Bags Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Leather Luggage Bags Market Overview
9.4.2 Middle East and Africa Leather Luggage Bags Market Forecasts and Analysis
9.4.3 Middle East and Africa Leather Luggage Bags Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Leather Luggage Bags Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Leather Luggage Bags Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Leather Luggage Bags Market
9.4.5.1.1 South Africa Leather Luggage Bags Market by Product Type
9.4.5.1.2 South Africa Leather Luggage Bags Market by Distribution Channel
9.4.5.2 Saudi Arabia Leather Luggage Bags Market
9.4.5.2.1 Saudi Arabia Leather Luggage Bags Market by Product Type
9.4.5.2.2 Saudi Arabia Leather Luggage Bags Market by Distribution Channel
9.4.5.3 U.A.E Leather Luggage Bags Market
9.4.5.3.1 U.A.E Leather Luggage Bags Market by Product Type
9.4.5.3.2 U.A.E Leather Luggage Bags Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Leather Luggage Bags Market
9.4.5.4.1 Rest of Middle East and Africa Leather Luggage Bags Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Leather Luggage Bags Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Leather Luggage Bags Market Overview
9.5.2 South and Central America Leather Luggage Bags Market Forecasts and Analysis
9.5.3 South and Central America Leather Luggage Bags Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Leather Luggage Bags Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Leather Luggage Bags Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Leather Luggage Bags Market
9.5.5.1.1 Brazil Leather Luggage Bags Market by Product Type
9.5.5.1.2 Brazil Leather Luggage Bags Market by Distribution Channel
9.5.5.2 Argentina Leather Luggage Bags Market
9.5.5.2.1 Argentina Leather Luggage Bags Market by Product Type
9.5.5.2.2 Argentina Leather Luggage Bags Market by Distribution Channel
9.5.5.3 Rest of South and Central America Leather Luggage Bags Market
9.5.5.3.1 Rest of South and Central America Leather Luggage Bags Market by Product Type
9.5.5.3.2 Rest of South and Central America Leather Luggage Bags Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LEATHER LUGGAGE BAGS MARKET, KEY COMPANY PROFILES
11.1. SAMSONITE IP HOLDINGS S.A.R.L.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. LOUIS VUITTON
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DELSAY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. VICTORINOX
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. BRIGGS AND RELAY TRAVELWARE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SAFARI, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KERING
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. DIOR
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TOMMY HILFIGER LICENSING, LLC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TUMI, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1.Samsonite IP Holdings S.A.R.L.
2.LOUIS VUITTON
3.DELSAY
4.Victorinox
5.Briggs and Relay Travelware
6.Safari, Inc.
7.KERING
8.DIOR
9.Tommy Hilfiger Licensing, LLC.
10.Tumi, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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