Global Luggage Market Report: 2012 Edition


#131566

57pages

Koncept Analytics

$ 800

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Industrial revolution and scientific, social and political developments in the past century have changed the pattern and quantum of travelling forever. Being a necessary part of travelling, the demand for luggage also inevitably witnessed a tremendous leap. Last few decades have also seen the use of luggage in diverse applications giving a remarkable boost to the luggage market at global level. Amid the recent global economic downturn, the worldwide luggage industry witnessed reduced demand as people were forced to cut down expenses on travel and tourism. However, the improved economic prospects for 2010 translated into higher luggage sales for the period. Furthermore, in the wake of favorable market conditions the global luggage market is projected to grow at a CAGR of about 4.5% during 2011-2014.

North America and Europe are the largest luggage markets, collectively accounting for a lion's share of the global luggage sales. The Asian region including Japan closely follows as other significant regional market, with China and India witnessing the maximum growth. The emerging regions of the world are expected to record rapid growth in the luggage market over the long term, given the escalating demand for the same as a result of increased spending on travel and tourism. The casual bag product category holds the largest share of the overall luggage market.

Luggage manufacturers across the globe are increasingly focusing on targeted advertising and promotion activities as well as on research, development, and designing of new products. Further, luggage as a fashion accessory has recently become a norm in the global market leading to its increased usage. This in turn has encouraged the global suppliers of luggage to constantly innovate in order to meet the evolving needs of consumers. Moreover, lately, the need for better and expanded distribution network with new points of sale has also gained importance. Travel and tourism activity, inevitably, remains the major growth driver of luggage market, coupled with economic health of the country and people's buying power.

The global luggage market is highly fragmented and intensely competitive with numerous branded as well as unbranded or unorganized players operating in the market. Samsonite remains the undisputed leader in the worldwide luggage market, followed by VF Corporation, Tumi, Ace, Delsey, VIP, and Rimowa, among others. Competition is largely based on the brand name; product pricing, quality, and design; product technology; and advertising, among other such factors.

The report analyzes the global luggage market. Also, the North American, European, Asian and Latin American markets are being presented in the report. The report discusses the key drivers and issues related to the global luggage market. The major players of the industry have also been profiled in the report.

By combining SPSS Inc.s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Table of Content

1. Luggage Products: An Overview

2. Global Luggage Market Structure

2.1 Global Luggage Market

Market Value
Breakdown by Region
Key Segments

2.2 Global Luggage Trade

Imports
Exports

2.3 Supply Chain Analysis

3. Luggage Market - Segment Analysis

3.1 Casual Bag
3.2 Travel Bag
3.3 Business Bag

4. Luggage Market - Regional Analysis

4.1 North America

4.1.1 North American Luggage Market Retail Sales

4.1.2 The US Luggage Market

Market Value
Market Volume
Exports/Imports

4.1.3 Factors Driving the North American Luggage Market

Per Capita Expenditure
Retail & Wholesale POS Addition
Travel Expenditures
International Passengers
Domestic Person Trips by Business/Leisure
GDP Growth

4.2 Europe

4.2.1 European Luggage Market Retail Sales
4.2.2 Factors Driving the European Luggage Market

Per Capita Expenditure
Retail & Wholesale POS Addition
Travel Expenditures
Inbound & Outbound Tourists
GDP Growth in European Countries

4.3 Asia

4.3.1 Asian Luggage Market Retail Sales
4.3.2 Asian Luggage Market Geographic Breakup
4.3.3 Indian Luggage Market
4.3.4 Factors Driving the Asian Luggage Market

Per Capita Expenditure
Retail & Wholesale POS Addition
Travel Expenditures
Inbound & Outbound Tourists
GDP Growth

4.4 Latin America

4.4.1 Latin America Luggage Market Retail Sales
4.4.2 Factors Driving the Latin American Luggage Market

Per Capita Expenditure
Retail & Wholesale POS Addition
Travel Expenditures
Inbound & Outbound Tourists
GDP Growth

5. Market Dynamics

5.1 Global Market Trends

5.1.1 Design of New and Innovative Products
5.1.2 Online Travel and Tourism Market Gaining Share
5.1.3 Strong and Targeted Advertising and Promotion Investment
5.1.4 Global Distribution and Addition of New Points of Sale

5.2 Global Market Growth Drivers

5.2.1 International Tourist Arrivals Worldwide
5.2.2 Increasing Disposable Income
5.2.3 Increasing Travelers from Asia-Pacific Region
5.2.4 GDP Contribution by Travel and Tourism Sector
5.2.5 Regional Contribution to Direct Travel and Tourism GDP

6. Luggage Market - Competitive Scenario

Competitive Overview
Market Share

7. Company Profiles

7.1 Samsonite International S.A.

Business Description
Key Financials
Business Strategies
High Spending on Marketing Activities
Offering Regionally Developed Products

7.2 V.F. Corporation

Business Description
Key Financials
Business Strategies
Global Market Expansion
Focus on Direct-to-Consumer Business

7.3 Tumi Holdings, Inc.

Business Description
Key Financials
Business Strategies
Expanding Store Base
Constant New Product Introductions

7.4 VIP Industries, Ltd.

Business Description
Key Financials
Business Strategies
Leveraging the Strength of Its Brands
Increasing R&D Operations

8. Market Outlook

8.1 Market Forecast

8.2 Forecast Methodology

8.2.1 Dependent and Independent Variables
8.2.2 Correlation Analysis
8.2.3 Regression Analysis

Global Luggage Market Retail Sales, 2006-2010
Geographical Segmentation of the Global Luggage Market, 2010
Breakdown of Global Luggage Retail Sales by Segment, 2010
Global Imports of Travel Goods including Handbags, 2001-2010
Global Exports of Travel Goods including Handbags, 2001-2010
Supply-Chain of Luggage Market
Global Casual Bags Sales, 2006-2010
Global Travel Bags Sales, 2006-2010
Global Business Bags Sales, 2006-2010
North America Luggage Market, 2006-2010
The US Exports of Travel Goods including Handbags, 2006 & 2010
Per Capita Expenditure on Luggage in North America, 2010A-2016F
Total Travel Expenditures in the US, 2000-2010
Total International Visitors to the US, 2006-2016F
North America - Domestic Travel and Tourism Spending, 2006-2020F
The US - Total Domestic Person-Trips, 2006-2016F
European Luggage Market Retail Sales, 2006-2010
Per Capita Expenditure on Luggage in Europe, 2010A-2016F
Europe: Domestic Travel and Tourism Spending, 2005-2016F
Asian (Including Japan) Luggage Market- Retail Sales, 2006-2010
Asian Luggage Market Breakup by Countries, 2010
Indian Luggage Market, 2010A-2015F
Indian Luggage Market Segmentation by Category, 2010
Per Capita Expenditure on Luggage in Asia (excluding Japan), 2010A-2016F
Per Capita Expenditure on Luggage in Major Asian Countries, 2010A-2016F
Inbound Tourism Arrivals - Asia Pacific, 2003-2010
Travel and Tourism Spending in Asian Region, 2005-2016F
Retail and Wholesale POS Addition Trend in Asia: (2011F-2014F)
Luggage Market in Latin America, 2006-2010
Per Capita Expenditure on Luggage in Latin America, 2010A-2016F
Domestic Travel and Tourism Spending in Latin America, 2005-2016F 
International Tourist Arrivals Worldwide, 2000-2010
GDP Worldwide, 2005-2012F
Tourism Expenditure by Counties of Asia, 2010 
Travel and Tourism Direct Contribution to World GDP, 2000-2010
Regional Contribution to World Direct Travel and Tourism GDP, 2011
Global Luggage Market Share by Retail Sales, 2010
Samsonites Revenues by Product Category*, 2011
Samsonites Revenues and Net Income, 2007-2011
VF Corporations Revenues by Business Segments, 2011
VF Corporations Revenues and Net Income, 2007-2011
Tumi Holdings Revenues by Business Segments, 2011
Tumi Holdings Revenues and Net Income, 2007-2011
VIPs Revenues by Business Segments, 2011
VIPs Revenues and Net Income, 2008-2012
Global Luggage Market Retail Sales Forecast, 2010-2014F

List of Tables

Top Importing Countries or Areas of Travel Goods including Handbags, 2010
Top Exporting Countries or Areas of Travel Goods including Handbags, 2010
The US Travel Goods Market - by Value, 2007-2011
The US Travel Goods Market - by Volume, 2007-2011
The US Luggage Import Volume by Country, 2009-2010
The US Luggage Imports Value by Country, 2009-2010
Retail and Wholesale POS Addition Trend: 2011F-2014F
GDP Growth (%) in North American Countries: 2004-2013F
Retail and Wholesale POS Addition in Europe, 2011F-2014F
Holiday Trips of the EU Residents (15+) in Major European Countries, 2010
Real GDP Growth Rate (y-o-y) in EU Countries, 2006-2013F
Inbound and Outbound Tourism in Major Asian Markets: 2005-2010
GDP Growth Rate (y-o-y) in Asian Countries: (2006-2013F)
Retail and Wholesale POS Addition Trend in Latin America, (2011F-2014F)
GDP Growth (%) in Latin American Countries, 2005-2012F
Online Population Breakdown by Region, 2011
Samsonite Distribution Pattern
Tumi Distribution Pattern
Dependent & Independent Variables, 2006-2010
Correlation Matrix
Model Summary Coefficient of Determination
Regression Coefficients Output