Global Luggage Market Report: 2010 Edition – Market Research Report
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Global Luggage Market Report: 2010 Edition
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The term luggage primarily involves the cases used to carry belongings while traveling, like trunk, suitcase, wheeled upright, garment bag, tote, duffel bag, carpet bag, and rolling luggage. But on a broader scale, many types of bags are included in the term luggage like, leather briefcases, computer cases, carry-ons, garment bags, garment carriers, kids’ luggage, totes, backpacks, duffel bags, motorcycle luggage, trolley bags, vanity case, suitcases and handbags. The worldwide consumption of luggage has been highly correlated to the travel industry. Since, both business as well as leisure travelers cut down their spending on traveling in 2009 due to the global economic downturn, the luggage industry had also witnessed reduced demand during the period.
The US is the largest global luggage market. Europe and Japan follow as the other significant markets for luggage, the three accounting for a consolidated lion’s share of the global market. In the coming years, the Asia-Pacific market, driven by India, China, Taiwan, Thailand, and Hong Kong, among others, is expected to register high growth.
The rising trend of online retail sales is having a positive impact on the luggage industry, since customers can easily get considerable amount of information on the internet regarding the available options. Also, the introduction of new and innovative designs of luggage allures people to buy them.
The global luggage industry has been intensely competitive and fragmented. There have been a large number of small, medium and large players operating in the industry. Some of them include Atlantic Luggage Co., Eagle Creek, Inc., Forward Industries, Inc., Hartmann Inc., Luggage America Inc., LVMH, Nike, Inc., Platt Luggage Inc., Samsonite, Tumi Inc., Valigeria Roncato and VIP Industries Ltd.
The current report analyzes the trade scenario of the global travel goods industry. Also, the US, European Union and Indian luggage markets are being presented in the report. The report discusses the drivers and key issues related to the global luggage market. The three major players of the industry including, Samsonite Corporation, VIP Industries, LVMH and Coach have been profiled in the report.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Table of Contents :
1. Overview of Luggage
1.1 Introduction
1.2 Luggage Market-Supply Chain Analysis
2. Global Luggage Market
2.1 Imports
2.2 Exports
3. Regional Analysis of Luggage Market
3.1 The US
3.1.1 Overview
Market Size by Value
Market Size by Volume
3.1.2 Trade
Imports
Exports
3.2 The European Union
3.2.1 Production and Consumption
By Value
By Volume
3.2.2 Trade
Imports
Exports
3.2.3 Key Trends
3.3 India
3.3.1 Market Overview
3.3.2 Key Trends
4. Market Dynamics of Luggage Market
4.1 Market Drivers
4.1.1 Tourist Arrivals Worldwide
4.1.2 Rising Popularity of Online Shopping
4.1.3 Design of New and Innovative Products
4.1.4 Increasing Disposable Income
4.2 Key Issues
4.2.1 Competitive Environment
5. Company Profiles
5.1 Samsonite Corporation
Overview
Key Financials
Business Strategies
Strategic Mergers and Acquisitions
Expansion in India & Middle East
5.2 VIP Industries Ltd.
Overview
Key Financials
Business Strategies
Premium Segment Strategy
Focus on Innovation
Value Segment Strategy
5.3 LVMH Moet Hennessy Louis Vuitton
Overview
Key Financials
Business Strategies
Creativity and Innovation
Improving Product Portfolio and Product Excellence
Bolster the Brand Image
5.4 Coach Inc.
Overview
Key Financials
Business Strategies
Focus on Internal and External Growth
Marketing Strategy
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