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Learn moreAug 2020
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The lockdown, travel restriction and retail closure measures taken by the Romanian government since March 2020 to contain the spread of the COVID-19 pandemic have been negatively impacting sales of luggage as consumers mostly postponed their travel plans due to the fear of travelling both abroad and within the country. The longer such measures remained in place, the more severe the impact on the category was expected to be.
Luxury handbags have been recording a major decline in sales in 2020 as a result of the COVID-19 pandemic, which forced retailers to close their stores and saw tourism to come to an abrupt and damaging halt, hitting luxury brands and retailers. Luxury handbags had benefited in 2019 from the increasing polarisation in bags and luggage, which continued to push consumers towards higher-priced, higher-quality, exclusive goods, squeezing the sales of mid-range brands.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Bags and Luggage industry in Romania 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 Romania, our research will save you time and money while empowering you to make informed, profitable decisions.
The Bags and Luggage in Romania market research report includes:
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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.