Bags and Luggage

Sales of personal accessories grew in 2019, driven by strong demand in Asia Pacific and tourism in Western Europe. The outlook through to 2024 is positive, despite Coronavirus (COVID-19) hitting global demand in 2020. If the pandemic is contained by ...

Despite economic slowdown and political uncertainty in Western Europe, sales of bags and luggage remain resilient in the region. Luxury players continue to dominate, although competition from fashion players is rising. The democratisation of travel, ...

Samsonite International SA continues to solidify its position as world’s leading luggage manufacturer through geographic expansion and product development. Company has made strides in developing its direct-to-consumer (DTC) operations, aided by the ...

Both luxury and non-luxury handbags posted strong current value growth in 2019. For luxury handbags, small-sized bags such as Gucci Marmont and Saint Laurent Monogram remain popular items among the younger generation for their relatively affordable ...

Bags and luggage recorded another healthy performance in 2019, with further positive volume and value growth. Current value growth was slightly faster than volume growth as unit prices continued to edge up due to innovations such as tech-enhanced ...

The Polish economy maintained a dynamic growth rate, resulting in steadily growing wages and record low unemployment. Consumption is the engine of this growth, with society aspiring to have better-quality products. Nevertheless, the fastest-growing ...

Backpacks recorded strong growth due to the active fitness scene in Singapore. Movements such as ActiveSG’s Active Health and the rising popularity of fitness subscription services like ClassPass encourage Singaporeans to proactively take ownership ...

Millennial shoppers tend to like personalisation and tend to favour bag and luggage products that are “affordable luxury” with opportunities to personalise the products. Michael Kors, Tory Burch, Coach and Kate Spade are doing well, especially with ...

The change in perception of bags and luggage from a mere commodity to a fashion accessory and status symbol is becoming more prevalent among consumers in India. This trend has fuelled the demand for personalised luggage bags among Indian households. ...

At the end of the review period, bags and luggage posted moderate current value growth. The sluggish performance was attributed to low consumer disposable incomes, which continued to decline for a fifth consecutive year. As a result, the majority of ...

As US consumers, and millennials especially, prioritise spending on memorable experiences over material goods, bags and luggage is benefitting from the shift as consumers require new bags for increasingly frequent local and distant outings. Duffel ...

Luxury goods brands continued to drive sales in bags and luggage in 2019, dominating the list of leading names in the category and generating the strongest increases in sales. Consumer sentiment remains very positive among the core consumer base for ...

Handbags remained one of the fastest-growing areas of bags and luggage in 2019, supported by inbound tourism, as well as domestic demand. With strict guidelines on product labelling and severe penalties for counterfeit goods, Japan has become a ...

In 2019, sales of luggage continued to be influenced by the higher demand for short breaks and air travel amongst Dutch consumers. Small, lightweight carry-on bags and trolleys that comply with cabin size and weight restrictions were more actively ...

From 1 January 2019 all retailers, including online stores, began to charge TRY0.25 per plastic bag, of which TRY0.15 is to be invested in environmental products. The aim is to reduce the volume of non-recyclable waste in the country, where around ...

Logos and luxury labels remain very important to young Filipinos, especially as they see them being worn or promoted by local celebrities and social media influencers sporting premium popular brands such as Louis Vuitton, Gucci and Supreme. Filipino ...

In 2019, luggage continued to enjoy positive value growth, benefiting from Italians travelling more. Both domestic and outbound trips increased in 2018, for both business and leisure purposes. Travelling is being boosted mainly by millennials, who ...

With South Korean consumers more exposed than ever before to the latest global trends through social media and other online channels, the major trends in bags and luggage during 2019 were generally in line with those seen at global level. In ...

Bags and luggage is benefiting from increased travel and tourism in the country. Sales continued to register positive value growth in 2019, aided by a growing number of tourists visiting the country. Although the depreciation of the Swedish krona has...

Value growth of bags and luggage was strong again in 2018, as demand for travel brands increased in Thailand. As a favourite destination for tourists, Thailand continues to welcome increasing numbers of inbound tourists, and volume sales growth ...