Retail sales value of the global luggage market 2006-2015, by segment
The timeline shows the retail sales value of the global luggage market from 2006 to 2010 and provides a forecast until 2015, by segment. In 2015, the retail sales value of the casual bag segment is expected to be about 12.72 billion U.S. dollars. The total retail sales value of the global luggage market is forecasted to be about 31.62 billion U.S. dollars in 2015.
Luggage Market
The luggage manufacturing industry is highly diversified, encompassing products from computer bags and business carry-ons to backpacks and golfbags. The U.S. market is dominated by foreign imports, and U.S. manufacturers must compete with these lower cost competitors. Much of the market’s performance is driven by consumer segments that have experienced significant slumps in the last several years.
No longer simply hard-sided gray suitcases, the luggage industry must maintain a focus on innovation and design while competing against lower cost foreign manufacturers and a fickle tourism industry.
Luggage Market
The luggage manufacturing industry is highly diversified, encompassing products from computer bags and business carry-ons to backpacks and golfbags. The U.S. market is dominated by foreign imports, and U.S. manufacturers must compete with these lower cost competitors. Much of the market’s performance is driven by consumer segments that have experienced significant slumps in the last several years.
No longer simply hard-sided gray suitcases, the luggage industry must maintain a focus on innovation and design while competing against lower cost foreign manufacturers and a fickle tourism industry.
