North America Travel Bags Market Size, Share & Trends Analysis Report, By Material (Hard Side, Soft Side), By Product (Duffle, Trolley, Backpacks), By Distribution Channel, Competitive Landscape, And Segment Forecasts, 2018 - 2025
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The North America travel bags market is expected to be valued at USD 15.28 billion by 2025, according to a new report by Grand View Research, Inc. The increasing air passenger traffic domestically and growing trend of family trips over weekends, driven by rising disposable incomes, in the region.
In recent years, economic stability and the resultant rise in disposable incomes of the population have led to growth of the travel & tourism industry in the region, with significantly growing trends of domestic travel and family vacations over weekends. The reasonable air fares for domestic travel have also led to increasing traffic of business personnel in air transport, most notably in the U.S.
The short duration of such trips has led to the demand for smaller and convenient travel goods, including bags, such as duffle bags, trolleys, and backpacks. The further growth of the travel industry in the region is expected to have significant impacts on the growth of the travel bags market during the forecast period.
Duffle bag is the largest travel bag segment in 2016 and is anticipated to register a lucrative growth rate over the analysis period. However, prepared trolley bags are anticipated to witness fastest CAGR of 7.1%, from 2017 to 2025.
The growth of duffle bag segment can be attributed to the growing traveler preferences towards this type of bags, most notably for travels of short durations, wherein the bag offers major advantages such as convenience, large packing space, and lightweight.
Further key findings from the report suggest:
The North America travel bags market is expected to be valued at USD 15.28 billion by 2025, according to a new report by Grand View Research, Inc. The increasing air passenger traffic domestically and growing trend of family trips over weekends, driven by rising disposable incomes, in the region.
In recent years, economic stability and the resultant rise in disposable incomes of the population have led to growth of the travel & tourism industry in the region, with significantly growing trends of domestic travel and family vacations over weekends. The reasonable air fares for domestic travel have also led to increasing traffic of business personnel in air transport, most notably in the U.S.
The short duration of such trips has led to the demand for smaller and convenient travel goods, including bags, such as duffle bags, trolleys, and backpacks. The further growth of the travel industry in the region is expected to have significant impacts on the growth of the travel bags market during the forecast period.
Duffle bag is the largest travel bag segment in 2016 and is anticipated to register a lucrative growth rate over the analysis period. However, prepared trolley bags are anticipated to witness fastest CAGR of 7.1%, from 2017 to 2025.
The growth of duffle bag segment can be attributed to the growing traveler preferences towards this type of bags, most notably for travels of short durations, wherein the bag offers major advantages such as convenience, large packing space, and lightweight.
Further key findings from the report suggest:
- The demand for travel bags in North America was valued at USD 9,048.9 million in 2016 and is expected to progress at a CAGR of 6.0% from 2017 to 2025. The U.S. dominated North America Travel Bags market in 2016
- Duffle bag generates the highest revenue in the market while trolley bag is anticipated to register fastest growth rate over the forecast period
- By distribution channel, supermarkets held the largest market share of 37.7% in the overall market. However, the online sales channels are anticipated to witness the fastest CAGR over the forecast period
- Market players such Delsey S.A., VIP Industries Ltd, Samsonite International S.A. and United States Luggage Company, LLC manufacture a variety of travel bags for business use and casual use. The competition among these players is very intense as they operate majorly in North America and supply all over the world while having similar product portfolios
CHAPTER 1 RESEARCH METHODOLOGY
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market snapshot
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market segmentation & scope
3.2 North America travel bags market - Value chain analysis
3.3 North America travel bags market dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Growth of travel & tourism industry
3.3.2 Market Restraint Analysis
3.3.2.1 Threat of counterfeiting
3.4 North America travel bags industry analysis - Porter’s
3.4.1 Threat of new entrants
3.4.2 Bargaining power of suppliers
3.4.3 Bargaining power of buyers
3.4.4 Threat of substitutes
3.4.5 Intensity of competitive rivalry
CHAPTER 4 NORTH AMERICA TRAVEL BAGS MARKET: MATERIAL ESTIMATES & TREND ANALYSIS
4.1 Material Movement Analysis & Market Share, 2016 & 2025
4.2 Hard side
4.2.1 North America hard side travel bags market estimates and forecasts, 2014 - 2025 (USD Million)
4.3 Soft side
4.3.1 North America soft side travel bags market estimates and forecasts, 2014 - 2025 (USD Million)
CHAPTER 5 NORTH AMERICA TRAVEL BAGS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
5.1 Product Movement Analysis & Market Share, 2016 & 2025
5.2 Duffle bags
5.2.1 North America duffle bags market estimates and forecasts, 2014 - 2025 (USD Million)
5.3 Trolley bags
5.3.1 North America trolley bags market estimates and forecasts, 2014 - 2025 (USD Million)
5.4 Backpacks
5.4.1 North America backpacks market estimates and forecasts, 2014 - 2025 (USD Million)
CHAPTER 6 NORTH AMERICA TRAVEL BAGS MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS
6.1 Distribution Channel Movement Analysis & Market Share, 2016 & 2025
6.2 Supermarkets/hypermarkets
6.2.1 Market estimates and forecasts via supermarkets/hypermarkets, 2014 - 2025 (USD Million)
6.3 Specialty stores
6.3.1 Market estimates and forecasts via specialty stores, 2014 - 2025 (USD Million)
6.4 Online stores
6.4.1 Market estimates and forecasts via online stores, 2014 - 2025 (USD Million)
6.5 Others
6.5.1 Market estimates and forecasts via other distribution channels, 2014 - 2025 (USD Million)
CHAPTER 7 NORTH AMERICA TRAVEL BAGS MARKET: COUNTRY ESTIMATES & TREND ANALYSIS, BY MATERIAL, PRODUCT, & DISTRIBUTION CHANNEL
7.1 Country Movement Analysis & Market Share, 2016 & 2025
7.2 U.S.
7.2.1 U.S. travel bags market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2 U.S. travel bags market estimates and forecast, by material, 2015 - 2025 (USD Million)
7.2.3 U.S. travel bags market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.4 U.S. travel bags market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
CHAPTER 8 COMPETITIVE LANDSCAPE
8.1 Competition overview
8.2 Vendor landscape
CHAPTER 9 COMPANY PROFILES
9.1 Delsey S.A.
9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Product Benchmarking
9.2 VIP Industries Ltd.
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Product Benchmarking
9.3 TGHI, Inc.
9.3.1 Company Overview
9.3.2 Product Benchmarking
9.4 Samsonite International S.A.
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Product Benchmarking
9.4.4 Strategic Initiatives
9.5 United States Luggage Company, LLC
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Product Benchmarking
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market snapshot
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market segmentation & scope
3.2 North America travel bags market - Value chain analysis
3.3 North America travel bags market dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Growth of travel & tourism industry
3.3.2 Market Restraint Analysis
3.3.2.1 Threat of counterfeiting
3.4 North America travel bags industry analysis - Porter’s
3.4.1 Threat of new entrants
3.4.2 Bargaining power of suppliers
3.4.3 Bargaining power of buyers
3.4.4 Threat of substitutes
3.4.5 Intensity of competitive rivalry
CHAPTER 4 NORTH AMERICA TRAVEL BAGS MARKET: MATERIAL ESTIMATES & TREND ANALYSIS
4.1 Material Movement Analysis & Market Share, 2016 & 2025
4.2 Hard side
4.2.1 North America hard side travel bags market estimates and forecasts, 2014 - 2025 (USD Million)
4.3 Soft side
4.3.1 North America soft side travel bags market estimates and forecasts, 2014 - 2025 (USD Million)
CHAPTER 5 NORTH AMERICA TRAVEL BAGS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
5.1 Product Movement Analysis & Market Share, 2016 & 2025
5.2 Duffle bags
5.2.1 North America duffle bags market estimates and forecasts, 2014 - 2025 (USD Million)
5.3 Trolley bags
5.3.1 North America trolley bags market estimates and forecasts, 2014 - 2025 (USD Million)
5.4 Backpacks
5.4.1 North America backpacks market estimates and forecasts, 2014 - 2025 (USD Million)
CHAPTER 6 NORTH AMERICA TRAVEL BAGS MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS
6.1 Distribution Channel Movement Analysis & Market Share, 2016 & 2025
6.2 Supermarkets/hypermarkets
6.2.1 Market estimates and forecasts via supermarkets/hypermarkets, 2014 - 2025 (USD Million)
6.3 Specialty stores
6.3.1 Market estimates and forecasts via specialty stores, 2014 - 2025 (USD Million)
6.4 Online stores
6.4.1 Market estimates and forecasts via online stores, 2014 - 2025 (USD Million)
6.5 Others
6.5.1 Market estimates and forecasts via other distribution channels, 2014 - 2025 (USD Million)
CHAPTER 7 NORTH AMERICA TRAVEL BAGS MARKET: COUNTRY ESTIMATES & TREND ANALYSIS, BY MATERIAL, PRODUCT, & DISTRIBUTION CHANNEL
7.1 Country Movement Analysis & Market Share, 2016 & 2025
7.2 U.S.
7.2.1 U.S. travel bags market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2 U.S. travel bags market estimates and forecast, by material, 2015 - 2025 (USD Million)
7.2.3 U.S. travel bags market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.4 U.S. travel bags market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
CHAPTER 8 COMPETITIVE LANDSCAPE
8.1 Competition overview
8.2 Vendor landscape
CHAPTER 9 COMPANY PROFILES
9.1 Delsey S.A.
9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Product Benchmarking
9.2 VIP Industries Ltd.
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Product Benchmarking
9.3 TGHI, Inc.
9.3.1 Company Overview
9.3.2 Product Benchmarking
9.4 Samsonite International S.A.
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Product Benchmarking
9.4.4 Strategic Initiatives
9.5 United States Luggage Company, LLC
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Product Benchmarking
LIST OF TABLES
Table 1 North America travel bags market - Key market driver analysis
Table 2 North America travel bags market - Market restraint analysis
Table 3 North America hard side travel bags market estimates and forecasts, 2013 - 2024 (USD Million)
Table 4 North America soft side travel bags market estimates and forecasts, 2014 - 2025 (USD Million)
Table 5 North America duffle bags market revenue, 2014 - 2025 (USD Million)
Table 6 North America trolley bags market revenue, 2014 - 2025 (USD Million)
Table 7 North America backpacks market revenue, 2014 - 2025 (USD Million)
Table 8 North America travel bags market revenue via supermarkets/hypermarkets, 2014 - 2025 (USD Million)
Table 9 North America travel bags market revenue via specialty stores, 2014 - 2025 (USD Million)
Table 10 North America travel bags market revenue via online stores, 2014 - 2025 (USD Million)
Table 11 North America travel bags market revenue via other distribution channels, 2014 - 2025 (USD Million)
Table 12 U.S. travel bags market estimates and forecast, 2015 - 2025 (USD Million)
Table 13 U.S. travel bags market revenue, by material, 2015 - 2025 (USD Million)
Table 14 U.S. travel bags market revenue, by product, 2015 - 2025 (USD Million)
Table 15 U.S. travel bags market revenue, by distribution channel, 2015 - 2025 (USD Million)
Table 16 Vendor landscape
Table 1 North America travel bags market - Key market driver analysis
Table 2 North America travel bags market - Market restraint analysis
Table 3 North America hard side travel bags market estimates and forecasts, 2013 - 2024 (USD Million)
Table 4 North America soft side travel bags market estimates and forecasts, 2014 - 2025 (USD Million)
Table 5 North America duffle bags market revenue, 2014 - 2025 (USD Million)
Table 6 North America trolley bags market revenue, 2014 - 2025 (USD Million)
Table 7 North America backpacks market revenue, 2014 - 2025 (USD Million)
Table 8 North America travel bags market revenue via supermarkets/hypermarkets, 2014 - 2025 (USD Million)
Table 9 North America travel bags market revenue via specialty stores, 2014 - 2025 (USD Million)
Table 10 North America travel bags market revenue via online stores, 2014 - 2025 (USD Million)
Table 11 North America travel bags market revenue via other distribution channels, 2014 - 2025 (USD Million)
Table 12 U.S. travel bags market estimates and forecast, 2015 - 2025 (USD Million)
Table 13 U.S. travel bags market revenue, by material, 2015 - 2025 (USD Million)
Table 14 U.S. travel bags market revenue, by product, 2015 - 2025 (USD Million)
Table 15 U.S. travel bags market revenue, by distribution channel, 2015 - 2025 (USD Million)
Table 16 Vendor landscape
LIST OF FIGURES
Fig. 1 Market snapshot
Fig. 2 Market trends & outlook
Fig. 3 Market segmentation & scope
Fig. 4 North America travel bags market - Value chain analysis
Fig. 5 Air passenger traffic in U.S., 2010 - 2016 (No. of Passengers)
Fig. 6 North America Travel Bags - Porter’s Five Forces Analysis
Fig. 7 North America travel bags market: Material movement analysis, 2016 & 2025 (%)
Fig. 8 North America travel bags market: Product movement analysis, 2016 & 2025 (%)
Fig. 9 North America travel bags market: Distribution channel movement analysis, 2016 & 2025 (%)
Fig. 10 Country outlook, 2016 & 2025 (%)
Fig. 1 Market snapshot
Fig. 2 Market trends & outlook
Fig. 3 Market segmentation & scope
Fig. 4 North America travel bags market - Value chain analysis
Fig. 5 Air passenger traffic in U.S., 2010 - 2016 (No. of Passengers)
Fig. 6 North America Travel Bags - Porter’s Five Forces Analysis
Fig. 7 North America travel bags market: Material movement analysis, 2016 & 2025 (%)
Fig. 8 North America travel bags market: Product movement analysis, 2016 & 2025 (%)
Fig. 9 North America travel bags market: Distribution channel movement analysis, 2016 & 2025 (%)
Fig. 10 Country outlook, 2016 & 2025 (%)
