Due to the shortage of dollars in the country, the Argentinian government has placed a limit on all imports to avoid running out of reserves, which will seriously affect the supply of bags and luggage in the market, especially in the short term. Although there are brands that produce their bags and luggage locally, these restrictions are also affecting the supply of raw materials.
Argentina’s government has provided a strong boost to domestic tourism, which had been hard hit by the pandemic, by subsidising part of these trips through a programme called Previaje, which was introduced in 2021. Thanks in part to this programme domestic tourism has reached record levels, with domestic tourism also being boosted by the unfavourable economic context due to which trips abroad have dropped.
E-commerce is expected to see further growth over the forecast period with the COVID-19 pandemic introducing more consumers to the benefits of shopping online. More and more brands are investing in the development of this channel, as well as in online advertising that encourages customers to buy their products online.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Bags and Luggage
Bags and Luggage includes bags and cases which serve common everyday purposes or specific functions during travel, sports, or formal occasions. However, all sports equipment bags (e.g. golf, tennis, and bowling), insulated food and beverage bags, and musical instrument cases are excluded.See All of Our Definitions
This report originates from Passport, our Bags and Luggage research and analysis database.
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