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Learn moreAug 2020
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Bags and luggage will be impacted in 2020 by the COVID-19 pandemic, particularly luggage which will see retail value sales plummet. Lockdown restrictions, in a least the first half of the year, meant that all borders were closed, and non-essential flights have been suspended until 1 September.
Pre-lockdown, consumers favoured lower-priced products such as synthetic materials over much more expensive leather items. This was increasingly relevant in the difficult economic environment and high levels of inflation as local consumers like to follow seasonal needs or trends.
Bags and luggage specialist retailers continues to be the preferred distribution channel for bags and luggage in 2020 where consumers are offered a variety of products across price segments. However, the lockdown in Q2 of 2020 saw the closure of these distribution retailers as they were deemed un-essential.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Bags and Luggage industry in Argentina with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Bags and Luggage industry in Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.
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Why buy this report?
This industry report originates from Passport, our Bags and Luggage market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.