The global rolling luggage bag market is anticipated to grow at a CAGR of 7.5% during the forecast period (2022-2028). This bag is a kind of luggage that has wheels and is pulled along behind the user without much effort as it rolls on its wheels. The major factor expected to drive the market growth is the increasing demand from end-users, and the benefits of ease and convenience associated with these bags. In addition, the development of infrastructure for transport by air and road across countries and the rise in travel and tourism are some factors that propel the rolling luggage bag market growth in the forecast period. Furthermore, the increase in urbanization, changes in lifestyle, and demand for innovative products such as polycarbonate luggage, and the advancement in technology such as the development of smart luggage with GPS tracker are some factors boosting the growth of the global rolling luggage bag market during the forecast period.
Some major players in the market include Briggs & Riley Travelware LLC, Samsonite International S.A., and VIP Industries Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in July 2021, LVMH entered into a partnership agreement with Virgil Abloh to acquire a majority stake in Off-white LLC. With this acquisition, LVMH will own a 60% interest in the trademark, and Mr. Abloh will have a 40% interest and continue as creative director of the brand. Further, in May 2021, Charlotte Stockdale and Katie Lyall entered into a partnership agreement with RIMOWA on a limited-edition series of suitcases and travel accessories. The RIMOWA essential suitcases have signature polycarbonate grooves splashed with a bold graphic in the shape of paint dripping down the suitcase’s exterior.
(Get 15% Discount on Buying this Report)
Get Sample Copy of rolling luggage bag market at:
https://orionmarketreports.com/request-sample/?id=108472&submit=Request+Sample%0D%0A
Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Application
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape-
Briggs & Riley Travelware LLC, Samsonite International S.A., and VIP Industries Ltd., among others.
A full report of rolling luggage bag market is available at:
https://orionmarketreports.com/global-rolling-luggage-bag-market/108472/
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Rolling Luggage Bag Market Report by Segment
By Type
4 Wheel
2 Wheel
By Application
Check-in (Height-56cm)
Cabin (Height->56cm)
By Distribution Channel
Supermarkets/Hypermarkets
Specialty Stores
Factory Outlets
Online Stores
Others
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
