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Travel Duffle Bags Market

Travel Duffle Bags Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Travel duffle bags are a latest trend in the luggage bag segment and is a latest version of improved version of quality bags in the market. These are found usually in a rectangular shape and other attractive shapes and sizes. Being trendy is a style quotient for most individuals and in order to maintain it, manufacturers are producing innovative products with a premium quality and strategic price. Travel duffle bags are light weight in nature and made of leather or microfibers material that maintains it durability. These bags are made in such a way that are adjustable in size and can fit in any luggage carriers on the transport. Duffle bags are famous amongst people who go for short trips and have lots of luggage to carry along.

The travel duffle bags are in huge demand amongst all young travelers. The tourism industry has always been a trending market globally. These duffle bags are found carrying with style and usually found to match it with their attire. There are certain drivers that push the product in the market. The usage of travel duffle bags is predominant with fitness freak woman as they prefer taking these bags to gym as well for travel for a shorter distance. Recently, the travel duffle bags   market has experienced a shift from bigger duffles to smaller along with the increasing preference for off-price channels driven by demand from brand conscious millennial population. Moreover, the growing affluence in the emerging economies and awareness of better brands has had a significant influence in the market. However, counterfeit products are always a major restraint acting in the handbag   industry. Additionally, high import duties and declining store presence coupled with decreasing global GDP growth have been affecting the growth of the satchel and saddle market.

The travel duffle bags market can be segmented on the basis of material type and distribution channel. On basis of material the travel duffle bags market can be further categorized into leather, jute, polyester and others. Duffle bags are usually kept lighter and are spacious to carry good number of things at a go. Their unique capacity to adjust and hold on to the luggage makes it a popular travel bag that is carried by both men and women. Moreover, on basis of distribution channel, the travel duffle bags can be further categorized into supermarkets, hypermarkets, departmental stores, specialty stores and also online stores. The online stores offer relatively lower prices for the travel duffle bags and more variety for consumers to choose and get it delivered before they plan their travel.

The travel duffle bags market is a popular product and manufacturers of the premium brands face heavy competition globally and they need to keep up to the demand and consumer preference of the global market. North America, Europe, Asia- Pacific, Latin America, Middle East and Africa manufacture and sell handbags. Owing to its rising demand, manufacturers are spending on preparing better quality duffle bags and using improved leather and chains. North America followed Europe are the leading regions globally that are reported to heavily purchase handbags as they are more trendy and have more purchasing power. Other regions like the Asia-Pacific, Latin America, Middle East and Africa are also reported to show a remarkable growth in the consumption of this product due to their adoption of culture from the western countries. The strategic pricing of these products has attracted the customers with unique selling ideas and have contributed massively in the handbag industry.

The major players dominating the caffeine market are Eagle Creek, Everest, Luggage America, Netpackbag, Samsonite, Delsey, Ralph Lauren, Rimowa,Travelpro,Antler, VIP Industries  are a few among other leading producers of travel duffle bags in the world.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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