Discussions surrounding vegan-friendly and cruelty-free alternatives to traditional leather bags are likely to continue in Australia over the forecast period. Producers already increased their investment in this field over the review period, hoping to appeal to certain conscious consumers.
The resale market for luxury bags has been experiencing significant growth in Australia due to a number of factors, including increasing consumer interest in sustainable fashion and a desire to own luxury items at a more affordable price point. Another reason is a growing trend among the younger generation, who may have limited disposable incomes but still want to experience luxury brands.
The shift towards online shopping for bags during the pandemic is not a temporary trend, as it is likely to continue into the forecast period due to habit persistence. The convenience of online shopping is particularly attractive to local consumers and the increasing reliance on digital platforms has led to the focus by players and retailers on an omnichannel approach to enhance the consumer experience in a post-pandemic era.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Bags and Luggage industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 DefinitionsThis report originates from Passport, our Bags and Luggage research and analysis database.
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