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Suitcase and Briefcase Trends and Forecast
The future of the global suitcase and briefcase market looks promising with opportunities in the offline trading and online trading markets. The global suitcase and briefcase market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are swift increase in travel and tourism, increasing urbanization, and rising demand for premium and fashionably trendy products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Suitcase and Briefcase by Segment
The study includes a forecast for the global suitcase and briefcase by product type, distribution channel, and region.
Suitcase and Briefcase Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Travel Cases
• Business Cases
Suitcase and Briefcase Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Offline Trading
• Online Trading
Suitcase and Briefcase Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Suitcase and Briefcase Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies suitcase and briefcase companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the suitcase and briefcase companies profiled in this report include-
• Ace
• Antler
• Bric’S Industria Valigeria Fine
• Delsey
• Luggage America
• Lvmh Moët Hennessy Louis Vuitton
• Nike
• Samsonite International
• V.F. Corporation
• Valigeria Roncato
Suitcase and Briefcase Market Insights
Lucintel forecasts that travel case will remain the larger segment over the forecast period due to significantly growing travel and tourism sector.
Within this market, offline trading will remain the largest segment due to swift urbanization and an expanding network of specialized retail outlets.
APAC will remain the largest region over the forecast period due to increase in disposable income leading to heightened consumer expenditure on travel-related luggage.
Features of the Global Suitcase and Briefcase Market
Market Size Estimates: Suitcase and briefcase market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Suitcase and briefcase market size by product type, distribution channel, and region in terms of value ($B).
Regional Analysis: Suitcase and briefcase market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, and regions for the suitcase and briefcase market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the suitcase and briefcase market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for suitcase and briefcase market?
Answer: The global suitcase and briefcase market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the suitcase and briefcase market?
Answer: The major drivers for this market are swift increase in travel and tourism, increasing urbanization and rising demand for premium and fashionably trendy products.
Q3. What are the major segments for suitcase and briefcase market?
Answer: The future of the suitcase and briefcase market looks promising with opportunities in the offline trading and online trading markets.
Q4. Who are the key suitcase and briefcase market companies?
Answer: Some of the key suitcase and briefcase companies are as follows:
• Ace
• Antler
• Bric’S Industria Valigeria Fine
• Delsey
• Luggage America
• Lvmh Moët Hennessy Louis Vuitton
• Nike
• Samsonite International
• V.F. Corporation
• Valigeria Roncato
Q5. Which suitcase and briefcase market segment will be the largest in future?
Answer: Lucintel forecasts that travel case will remain the larger segment over the forecast period due to significantly growing travel and tourism sector.
Q6. In suitcase and briefcase market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increase in disposable income leading to heightened consumer expenditure on travel-related luggage.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the suitcase and briefcase market by product type (travel cases and business cases), distribution channel (offline trading and online trading), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Suitcase And Briefcase Market, Suitcase And Briefcase Market Size, Suitcase And Briefcase Market Growth, Suitcase And Briefcase Market Analysis, Suitcase And Briefcase Market Report, Suitcase And Briefcase Market Share, Suitcase And Briefcase Market Trends, Suitcase And Briefcase Market Forecast, Suitcase And Briefcase Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Suitcase and Briefcase Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Suitcase and Briefcase Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Suitcase and Briefcase Market by Product Type
3.3.1: Travel Cases
3.3.2: Business Cases
3.4: Global Suitcase and Briefcase Market by Distribution Channel
3.4.1: Offline Trading
3.4.2: Online Trading
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Suitcase and Briefcase Market by Region
4.2: North American Suitcase and Briefcase Market
4.2.2: North American Suitcase and Briefcase Market by Distribution Channel: Offline Trading and Online Trading
4.3: European Suitcase and Briefcase Market
4.3.1: European Suitcase and Briefcase Market by Product Type: Travel Cases and Business Cases
4.3.2: European Suitcase and Briefcase Market by Distribution Channel: Offline Trading and Online Trading
4.4: APAC Suitcase and Briefcase Market
4.4.1: APAC Suitcase and Briefcase Market by Product Type: Travel Cases and Business Cases
4.4.2: APAC Suitcase and Briefcase Market by Distribution Channel: Offline Trading and Online Trading
4.5: ROW Suitcase and Briefcase Market
4.5.1: ROW Suitcase and Briefcase Market by Product Type: Travel Cases and Business Cases
4.5.2: ROW Suitcase and Briefcase Market by Distribution Channel: Offline Trading and Online Trading
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Suitcase and Briefcase Market by Product Type
6.1.2: Growth Opportunities for the Global Suitcase and Briefcase Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Suitcase and Briefcase Market by Region
6.2: Emerging Trends in the Global Suitcase and Briefcase Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Suitcase and Briefcase Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Suitcase and Briefcase Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Ace
7.2: Antler
7.3: Bric’s Industria Valigeria Fine
7.4: Delsey
7.5: Luggage America
7.6: LVMH Moët Hennessy Louis Vuitton
7.7: Nike
7.8: Samsonite International
7.9: V.F. Corporation
7.10: Valigeria Roncato
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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