Constant value sales of bags and luggage will continue to recover throughout the forecast period. The rate of growth will gradually accelerate, as domestic economic conditions improve and both inbound and outbound tourism continues to recover.
The trend towards second-hand luxury handbags will continue to deepen, supported by a difficult economic environment. Apart from saving money, sustainability will be a factor in this, particularly for millennial and generation Z consumers.
Comfort is set to be a crucial consideration, along with fashion trends, shaping sales of bags and luggage in the years to come. As fashion in Spain is expected to be orientated towards the athleisure look, the backpacks landscape will benefit.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Spain 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 Spain, 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 Definitions
This report originates from Passport, our Bags and Luggage research and analysis database.
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