Lewes, DE -- (SBWIRE) -- 07/22/2015 -- The travel and business bags market in Japan is witnessing a great demand owing to increased travel and tourism activities, and rising number of business travelers. People are increasingly seeking stylish and convenient travel bags suiting their personality and purpose. The changing political, economic, and social environment, as well as the popularity of e-commerce will propel market growth in Japan.

The travel and business bags market in Japan is classified into four segments: Duffle bags, trolley bags and suitcases, backpacks, and business bags. The trolley bags and suitcases segment was the largest, in terms of revenue and volume, accounting for a market share of 48.30% and 44.11% respectively.

Publisher predicts that the travel and business bags market in Japan will grow at a CAGR of 1.48% and 1.22%, in terms of revenue and volume respectively, during 2014-2019.

Travel and Business Bags Market in Japan 2015-2019, is based on in-depth market analysis, with inputs from industry experts. It covers the growth prospects of the market in Japan in the coming years. The report also includes the key vendors operating in this market.

Key players in the Travel and Business Bags Market in Japan: Ace, RIMOWA, Samsonite, VIP, Yoshida, ZERO Halliburton and Zhongshan C&C Luggage

Other Prominent Vendors in the market are: Adidas, AEON, Anyvention, Aldo, Alfred Dunhill, Boconi, C & J Clark International, Caribee, Changshu Maydiang, Group, Donna Karan International (DKNY), Ferrari, Fossil, Hankyu Hanshin Holdings, IKETEI, Isetan Mitsukoshi Holdings, J. Front Retailing, Loward, Marksman Luggage & Bag Industrial, MIYAKO, Pierre Cardin, Proteca, Puma, Sazaby League, SIFFLER, T&S, TATSUYA HANZAEMON, USB International and Wenger

According to the report, increasing Internet penetration coupled with high demand for online shopping is driving the travel and business bags market in Japan. More than 77 million Japanese consumers shopped online in 2014. Travel and business bags of various new designs, fashions, and styles are found online. Also, increasing disposable incomes and various options on the Internet are fueling sales of travel and business bags. Though sales through the Internet are lower for travel and business bags, it is expected that this segment will be a major driving force during the forecast period. In 2014, 7.05% of total travel and business bag sales were generated online, and this market share is expected to rise in the travel and business bags market in Japan.

Market Driver
- Impact of Sales Tax Hike
- For a full, detailed list, view our report

Market Challenge
- Increase in Competition from Local Brands and 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 Japan 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 Market, Japan: Country Overview, PEST Analysis, Market Landscape, Per Capita Trends, Buying Criteria, Market Segmentation by Product, Distribution Channel, Drivers and their Impact, Impact of Drivers and Challenges, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit-
http://www.marketresearchreports.com/technavio/travel-and-business-bags-market-japan-2015-2019

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