Travel and Business Bags Market in China 2015-2019
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Transcript of Travel and Business Bags Market in China 2015-2019
Covered in this Report
• The Technavio report, Travel and Business Bags Market in China 2015-2019, is based on an in-depth market analysis, with inputs from industry experts.
• It covers the growth prospects of the market in the forecast period.
• The report also includes a discussion of the key vendors operating in the market.
Travel and Business Bags Market in China
2015-2019
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Market Overview• A rise in demand for trolley bags, as a consequence of
increased travel and tourism activities, and the rising number of business travellers are driving the travel and business bags market in China.
• Rapid urbanization has contributed to improved living standard in China, resulting in consumers increasingly opting for stylish, and large bags for their travels.
• The Chinese luggage market has undergone significant changes in terms of development and innovation in products in the last 20 years and more.
• Despite being the largest manufacturing hub of travel and business bags, it is still not the leading market in the world.
• Technavio predicts that the travel and business bags market in China will grow at a CAGR of 11.50% and 9.07%, in revenue and volume respectively, during 2014-2019.
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Market in China 2015-2019,
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Key Vendors and Regions
• Ace
• Baigou Bodian Luggage And Cases Bag
• Delsey
• Dragon King Case
• Dudley
• Guangdong Leaves King Bag Industry
• HOCK International Group
View Our Report: Travel and Business Bags Market in China 2015-2019
• China
Vendors Regions
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Key Findings
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• The travel and business bags market was dominated by the trolley and suitcase segment, which accounted for a market share of 39.62% in 2014.
• The rise in travel frequency, coupled with escalating disposable income, is fueling the growth of the market.
• Backpacks were the second most popular segment, and sales were driven by school children, college goers, and people who are involved in outdoor adventure activities.
• Increasing health consciousness, coupled with the rising number of gym goers, is driving demand for duffle bags.
• In addition, the increased number of business trips and small trips has also increased the sales of duffel bags and business bags.
Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Travel and Business Bags Market in China 2015-2019
118 Pages | SKU: IRTNTR6400
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