Overall demand for bags and luggage is expected to fully recover to pre-pandemic levels over 2023, as consumers gradually regain their confidence and spend greater time outside of the home, thereby encouraging them to upgrade various bags. Swiss consumers are also likely to make more frequent travel plans outside of the country due to pent-up demand, which will likely positively impact sales of luggage over the early part of the forecast period.
Luxury handbags is set to record the highest retail volume growth over forecast period, driven by the greater return of inbound tourism, particularly from important source markets such as China and the US, where consumers like to make significant investments in luxury items.
Bags and luggage specialists, the largest distribution channel for bags and luggage in Switzerland, continued to retain lost value share in 2022, following the easing of restrictions and higher footfall in physical stores. Department stores experienced the same development, although neither channel had fully recovered to pre-pandemic sales levels by the end of the review period.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Switzerland 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.
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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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