Global Rolling Luggage Bags market will reach 20 billion US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/10/25

The global rolling luggage bags market is valued at USD 12 billion in 2018 and is expected to reach USD 20 billion by the end of 2025, growing at a CAGR of 7.57% between 2017 and 2025. Total consumption of rolling luggage bags expected to reach about 295 million units by the end of 2025, with a forecast CAGR of 5.5% from 2018.

Rolling Luggage Bags are mainly classified into the following types: 4-wheel and 2-wheel. 4-wheel is the most widely used type which takes up about 88.2% of the total sales in 2018.

Rolling luggage bags have wide range of applications, such as check-in (height≤56cm) and cabin (height>56cm). And cabin (height>56cm) was the most widely used area which took up about 66.5% of the global total in 2018.

Asia Pacific is the largest region of Rolling Luggage Bags in the world in the past few years and it will keep increasing in the next few years. China market took up about 30% the global market in 2018, while Europe and United States were about 21%, 19%.

China now is the key producer of rolling luggage bags. She takes about 70% of the global whole production.

Samsonite, Rimowa (LVMH), VF Corporation, VIP Industries, Diplomat, VIP Industries Limited, VF Corporation, ACE etc. are the key suppliers in the global rolling luggage bags market. Top 5 took up about 1/3 of the global market in 2018. Tumi (belongs to Samsonite), LouisVuitton, Rimowa, VF Corporation, Delsey, Briggs and Riley etc. which have leading technology and market position, are well-known suppliers around the world.

Although sales of rolling luggage bags bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter the rolling luggage bags field hastily.

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