The predicts that the travel and business bags market in US will grow at a CAGR of 13.58% and 8.31%, in terms of revenue and volume respectively, during 2014-2019.
The travel and business bags market in the US is expected to grow consistently during 2015-2019, owing to an increase in travel and tourism activities and the rising number of business travelers in the country. The surge in travel traffic has increased the sales of the travel and business bags.
The travel and business bags market in the US has five segments: Backpacks, business bags, duffle bags, suitcases, and trolley bags.
The duffle bags segment dominated the market both in terms of volume and revenue in 2014.
Covered in this Report
This report provides an overview and in-depth analysis of the travel and business bags market in the US. The report considers 2014 as the base year. It also presents the vendor landscape and detailed analysis of the nine major vendors in the market.
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- Briggs & Riley Travelware
- Louis Vuitton
- Samsonite International
- Travelpro International
- Tumi Holdings
- V.F. Corporation
Other Prominent Vendors
- Alfred Dunhill
- Bottega Veneta
- Donna Karan International (DKNY)
- Gianni Versace
- IT Luggage
- Jany Luggage
- Lulu Guinness
- Mandarina Duck
- Pierre Cardin
- Ralph Lauren
- Real Deal
- River Island
- Russell & Bromley
- Increase in consumer income level
- Increase in competition from local brands and counterfeit products
- Rise in demand for luggage courier service
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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
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