Bags and Luggage in Singapore

November 2022
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USD 990
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Overview:

Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Singapore 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 Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Bags and Luggage in Singapore report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Bags and Luggage in Singapore?
  • Which are the leading brands in Bags and Luggage in Singapore?
  • How significant is tourism in determining sales and demand for Bags and Luggage in Singapore?
  • How are COVID-19 and global recession impacting demand for Bags and Luggage in Singapore?
  • In the wake of COVID-19, how soon can Bags and Luggage be expected to recover? Where are the opportunities for growth now?
  • Where is future growth expected to be most significant?
Download Table of Contents

Bags and Luggage in Singapore - Category analysis

KEY DATA FINDINGS

Established luggage brands are fading in popularity due to the proliferation of “good-enough” travel alternatives
Despite the dominance of ultra-fast fashion, conventional brands are introducing quality materials such as genuine leather
Consumers value basic and utilitarian backpacks offering simplicity
Private label luggage brands set to grow exponentially due to the short replacement cycle
Declining prices highly likely due to pressure from lower-cost alternatives and cross-border e-commerce
Further fragmentation in shares is highly possible due to the influx of stores marketing novelty
Table 1 Sales of Bags and Luggage by Category: Volume 2017-2022
Table 2 Sales of Bags and Luggage by Category: Value 2017-2022
Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2017-2022
Table 4 Sales of Bags and Luggage by Category: % Value Growth 2017-2022
Table 5 Sales of Luggage by Type: % Value 2017-2022
Table 6 NBO Company Shares of Bags and Luggage: % Value 2018-2022
Table 7 LBN Brand Shares of Bags and Luggage: % Value 2019-2022
Table 8 Distribution of Bags and Luggage by Format: % Value 2017-2022
Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2022-2027
Table 10 Forecast Sales of Bags and Luggage by Category: Value 2022-2027
Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2022-2027
Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2022-2027

Personal Accessories in Singapore - Industry Overview

Personal accessories in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
Table 13 Sales of Personal Accessories by Category: Volume 2017-2022
Table 14 Sales of Personal Accessories by Category: Value 2017-2022
Table 15 Sales of Personal Accessories by Category: % Volume Growth 2017-2022
Table 16 Sales of Personal Accessories by Category: % Value Growth 2017-2022
Table 17 NBO Company Shares of Personal Accessories: % Value 2018-2022
Table 18 LBN Brand Shares of Personal Accessories: % Value 2019-2022
Table 19 Distribution of Personal Accessories by Format: % Value 2017-2022
Table 20 Forecast Sales of Personal Accessories by Category: Volume 2022-2027
Table 21 Forecast Sales of Personal Accessories by Category: Value 2022-2027
Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2022-2027
Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2022-2027

DISCLAIMER

Summary 1 Research Sources
The following categories and subcategories are included:

Bags and Luggage

    • Backpacks
    • Business Bags
    • Crossbody Bags
    • Duffel Bags
      • Non-Luxury Handbags
      • Luxury Handbags
    • Wallet and Coin Pouches
    • Other Small Bags
  • Luggage

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
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  • Track key industry trends, opportunities and threats
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This report originates from Passport, our Bags and Luggage research and analysis database.

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