Worldwide Luggage Sector Canvassed by Koncept Analytics in New Research Report Published at MarketPublishers.com
24 Oct 2014 • by Natalie Aster
LONDON – The worldwide luggage industry has been gaining momentum in the recent past. The key factors stimulating the growth encompass, among others, the recovering global economy, the rise of the travel and tourism market, escalating disposable income levels, rapid growth of urban population as well as accelerating promotional and market efforts. Some of the key industry developments include changes in product trends, rising demand for ultra-light weight materials made of polycarbonate (PC) resins, a rising number of innovations and surging contribution of travel and tourism (also including luggage market) in the worldwide economy. Still, the growth of the luggage industry is restrained by the negative economic environment, acts of counterfeiting and trade barriers.
The intensifying competition from local brands and counterfeit goods is one of the primary challenges to the sector’s growth. This competition has resulted in market fragmentation, which has led to the absence of price standardisation, the uneven competition and the erosion of market share. Samsonite, Tumi Holdings, VF Corporation and VIP Industries, among others, are the dominant market players.
New report “Global Luggage Market Report: 2014 Edition” elaborated by Koncept Analytics sheds light on the performance of the worldwide luggage market.
It offers a comprehensive and unbiased analysis of the market on a global scale, alongside an in-depth examination of the regional markets of China, the U.S., Japan and India. It provides data on market size (by value and volume), offers a market segmentation analysis, foreign trade statistics. The study looks at the market dynamics by discussing the hottest industry trends, challenges, factors limiting and driving the sector’s growth. The competitive landscape of the global luggage market is thoroughly examined, as well as the leading market participants are profiled. The research publication is also supplemented with detailed market forecasts.
Global Luggage Market Report: 2014 Edition
Published: October, 2014
Price: US$ 800.00
Other Global Markets Research Reports by Koncept Analytics:
- Global Banknote Market Report: 2014 Edition
- Global LVAD Market Report: 2014 Edition
- Global Robotic Surgery Market Report: 2014 Edition
- Global Elevator and Escalator Market Report: 2014 Edition
More new market research studies by the publisher can be found at Koncept Analytics page.