Bags and Luggage

LVMH sales in personal accessories returned to pre-pandemic levels in 2021 and continue to grow in 2022 despite the challenging global environment. Asia Pacific is the largest contributor to company sales in 2019-2022, followed by North…

Coronavirus (COVID-19) meant that Western European bags and luggage sales recorded a major decline in 2020. The closure of non-essential bricks-and-mortar stores and travel restrictions were among the main COVID-19-related problems for the industry…

Turkey welcomed 44.5 million tourists in 2022, according to the Culture and Tourism Ministry of Turkey. Tourists arriving in September and August contributed to the sales of new season products, intending to carry them home and wear them in autumn,…

Despite high travel costs and inflation in 2022, consumers were committed to continuing their travel plans post-pandemic, which benefited sales of luggage, and certain bags, such as backpacks and duffel bags, as consumers looked to refresh or upgrade…

Bags and luggage is set to maintain growth in both retail volume and current value terms in the UK in 2023. Although volume sales are expected to increase in most categories, it is significant to note that luggage is anticipated to see the…

The United Arab Emirates has been at the forefront of the travel industry’s recovery, and in 2023, there has been a significant development: the complete resurgence of international travel. This resurgence has led to increasing demand for luggage.…

Due to the continual increase in urbanisation in the Philippines leading to the creation of more jobs, opportunities, and economic activity, the younger generation and working population of the Philippines have been rising. As an effect of higher…

Bags and luggage is projected to experience robust growth in 2023, driven by an upsurge in travel activities and a growing preference among Dutch consumers for shorter, more frequent getaways. This trend is significantly contributing to an increased…

Despite the political and economic uncertainty in Thailand, bags and luggage is set to continue to demonstrate double-digit current value growth in 2023, with the overall category expected to surpass the 2019 pre-pandemic revenue in this year,…

Bags and luggage with versatile designs and enhanced functionality were in demand. Consumers sought products that could adapt to various situations, such as convertible backpacks, expandable suitcases, or bags with multiple compartments and…

In 2023, bags and luggage witnessed a stagnant performance in terms of value sales growth in Switzerland, coupled with a slight decline in demand. Although demand remained robust compared to pre-pandemic levels, there was a slight dip from the…

Bags and luggage displayed a positive performance in current value terms in 2023, Besides inflationary pressures, coupled with rising unit prices, growth was driven primarily by the revival of outbound travel, coupled with a continued premiumisation…

After a strong recovery in 2021 as Spain started to ease its COVID-19 restrictions demand has since slowed considerably with sales of bags and luggage seeing only a moderate recovery in retail volume terms in 2022 while in 2023 sales stagnated. The…

In early 2023, as the South Korean government fully lifted COVID-19-related restrictions and entered the endemic era, international travel fully reopened. As consumer spending has largely shifted to international travel, the growth of bags,…

During 2023, many South Africans have been battling to survive financially. Due to consumers being cash-strapped, they have been prioritising the purchase of essential products, including items such as food, fuel, and mortgage or rent. With this…

Owing to a sharp decline in travel due to the pandemic, retail volume and current value sales of luggage in Singapore fell drastically in 2020, by nearly 50%. This was against the backdrop of more than an 85% decline in the number of outbound…

Despite the prevailing inflation in Romania, bags and luggage continued to exhibit growth. Average unit prices surged in 2022 and 2023 due to increased costs associated with energy, raw materials, and other factors. This led many Romanians to opt for…

The lifting of travel restrictions post-COVID-19 has had a positive impact on luggage, backpacks, business bags and handbags with these subcategories, particularly luggage, registering growth in both current retail value terms, albeit at a slower…

Bags and luggage is set to exhibit robust double-digit growth in current value terms in 2023, which can be attributed primarily to the positive influence of widespread vaccination in Mexico, and the official cessation of the state of emergency for…

All of the categories in bags and luggage displayed slower growth in 2023 compared to 2022 both in retail volume and current value terms. This was partly due to a stabilisation of demand with sales having been restored to pre-pandemic levels.…