Bags and Luggage

While periods of financial crisis have traditionally been a hurdle for sales of luxury products across

Sustainability continues to resonate strongly with Australians, and in response, local producers of bags and luggage are addressing consumer demand for sustainably-sourced and durable products. For instance, third-ranked Australian player Strandbags…

Demand for bags and luggage in Switzerland continued to improve in 2022 following 2021’s rebound as pandemic-related restrictions eased during the year. Nevertheless, while all types of bags and luggage recorded positive performances, retail volume…

Bags and luggage experienced a massive fall in demand in 2020, as people were isolated within their homes and mobility was largely restricted. The reduction in opportunities to go out and socialise or travel resulted in significantly fewer purchases…

Following double-digit current value growth in 2021, both bags and luggage are expected to turn to decline in 2022, due to the impact of recurrent restrictions as a result of outbreaks of COVID-19 in China. This is mainly due to restrictions on…

With COVID-19 restrictions easing in the country, workers are returning to office and work spaces, travel is high once more as borders have reopened, and the vaccine rate is increasing – encouraging consumers to travel once more. As such, the demand…

One of the most disruptive trends to emerge from the COVID-19 pandemic for bags and luggage in Thailand in the review period was the huge shift towards e-commerce sales across the category. Even as the Coronavirus (COVID-19) pandemic measures were…

Bags and luggage is being significantly affected by Romania’s economic situation in 2022. Rising inflation, higher transportation costs and gas prices combined with a weak exchange rate has significantly influenced average prices in this category.…

In 2020 and 2021, the rise in the unemployment rate associated with COVID-19 caused a reduction in purchasing power. As a result, consumers redefined their priorities, and there was a greater concentration of consumption towards more basic needs.…

Sales of bags and luggage nosedived in 2020 following the outbreak of COVID-19 with Mexico’s containment measures limiting the demand for these products, with consumers finding themselves stuck at home for large parts of the year. The situation…

The bounce-back that did not come in 2021 finally occurred in 2022 for sales of bags and luggage, with the category posting double-digit growth in volume and event higher sales in current value. This stems from a combination of factors, including the…

A return to the 2019 level of sales is uncertain for many established luggage brands in 2022, despite the resumption of global travel plans as COVID-19 eases. This is translating into higher sales of luggage, but the range and popularity of cheaper…

Luggage has been the most dynamic category within bags and luggage in 2022 both in current value and retail volume terms. The recovery of tourist traffic after the COVID-19 pandemic has been a key springboard to growth. Cheaper products in particular…

A trend that had been of great importance both in this category and others was the use of promotions and discounts on different days of the week for different credit cards. Due to this, people would often wait until there was a discount available for…

Bags and luggage is set to see positive value growth in Sweden during 2022, primarily driven by current value sales of luggage, backpacks, business cases and luxury handbag sales. Reduced cases of COVID-19, a heightened vaccine rate and the reopening…

After seeing significant volume and current value declines in 2020, the first year of the pandemic, bags and luggage saw a strong rebound in 2021. Dynamic growth is set to continue in 2022, although sales are not expected to reach the pre-pandemic…

The recovery in retail constant value sales (2022 prices) that began in 2021 continued into 2022, albeit at a much slower pace. Retail constant value sales remained well below their 2019 peak. While most remaining COVID-19 restrictions were relaxed…

Growth in sales of bags and luggage is strong in 2022 in line with the easing of pandemic-related restrictions – in particular, the reopening of international borders and the return of both overseas and domestic travel. Now that consumers can travel…

There are a few reasons why backpacks sales in Indonesia are recovering quickly and expected to grow faster in the near future than other categories. Outdoor tourism is predicted to be a new trend that attracts a significant number of tourists. Even…

While bags and luggage are expected to register very high double-digit current value growth, constant value growth is expected to be much more muted. The reason for such high current value growth is that Turkey has one of the highest inflation rates…