Market Research Reports, Inc. has announced the addition of “Travel and Business Bags Market in the United Kingdom 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 06/30/2015 -- Report forecast the travel and business bags market in the UK to grow at CAGRs of 4.15% and 3.66%, in terms of revenue and volume, respectively, over the period 2014-2019.
Vendors in the travel and business bags market in the UK are witnessing growing demand for bags from various type of customers. Tourism and an increase in the number of business trips are some of the major factors driving the demand for travel and business bags. In 2013, the UK witnessed a total of 32.8 million inbound and 58.5 million outbound tourists. Also, domestic travelers made trips for one night or more, which reached 122.9 million visits in 2013.
The report provides the present scenario and the growth prospects of the travel and business bags market in the UK for the period 2015-2019. Based on the type, the market can be segmented into four: duffel bags, trolley bags and suitcases, backpacks, and business bags.
Travel and Business Bags Market in the UK 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, the growing number of inbound, outbound, and domestic tourists and travelers will increase the demand for and sales of travel and business bags among consumers. The type of these bags depends on the purpose of travel, which can be for business, leisure, VFR, education, medical treatment, and others. Luggage manufacturers are exploiting this opportunity and developing customized, lightweight, trolley, and ecofriendly bags.
Key players in the Travel and Business Bags Market in UK: Alfred Dunhill Ltd., Antler, Bric's, Carlton, Delsey, Rimowa, Samsonite International SA, Travelpro International Inc., Tripp Ltd. and Tumi Inc.
Other Prominent Vendors in the market are: Adidas, Anyvention, Aspinal, Berghaus, C & J Clark International, Cambridge British Satchel, Caribee, Chapman Bags, Cherchbi, DKNY, Goyard, Lipault Paris, Mandarina Duck, Pierre Cardin, Puma, Revelation, Russell & Bromley, Sonada Luggage, USB International, The Bag Factory, USPA Properties and Wenger
Market Driver
- Increase in Number of Tourists
- For a full, detailed list, view our report
Market Challenge
- Competition from Local Brands and Presence of Counterfeit Products
- For a full, detailed list, view our report
Market Trend
- Smart Luggage
- For a full, detailed list, view our report
Key Questions Answered in this 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?
Spanning over 95 pages, "Travel and Business Bags Market in the United Kingdom 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Distribution Channels in Global Luggage Industry, Factors that Affect Global Luggage Industry, UK: Country Overview, UK: Country Overview, UK: Country Overview, Buying Criteria, Market Segmentation by Product, Distribution Channel, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/travel-and-business-bags-market-united-kingdom-2015-2019
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