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Travel and Business Bags Market in France 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “One of the main drivers of the travel and business bags market in France is an increase in consumer income levels, thereby increasing their purchasing power. This in turn is influencing the demand for expensive and premium travel bag brands and per capita consumption by consumers. Another driver is the improving travel and tourism industry.”
• The travel and business bags market in France, is expected to post a rapid growth during the forecast period. The arrival of numerous brands and their easy availability through retail stores and online retail channels has increased the demand for travel bags among consumers in France. The travel bags market in France was dominated by the trolley bag segment in 2014 in terms of revenue and volume.
• Technavio's analysts forecast the travel and business bags market in France, in terms of revenue and volume grow at a CAGR of 2.29% and 1.88%, respectively, over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Travel and Business Bags Market in France 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Travel and Business Bags Market in France 2015-2019
Briggs & Riley Travelware
Delsey
Hermès
Briggs & Riley Travelware was established in 1993 and is headquartered in Hauppauge, New York, US. The company designs, manufactures, and markets specialty luggage bags for travelers. It operates as a subsidiary of US Luggage.
Delsey was founded in 1946 and is headquartered in Tremblay-en-France, France. The company manufactures and markets travel, leisure, and business luggage. It also offers camera bags, and luggage security locks such as TSA, and combination and key padlocks.
Hermès was established in 1957 and is headquartered in Paris, France. The company designs, produces, markets, and retails more than 50,000 items such as leather goods and saddlery, textiles, accessories, footwear, perfumes, and watches.
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Market Landscape• One of the key developments expected in the travel and business bags market is the
emergence of smart luggage.
• To achieve the same, vendors are focusing on the rapid commercialization of smart luggage, so that it is accessible to consumers.
• Trolley bags are currently sustaining the growth in the market but other segments such as backpacks, business bags, and duffle bags are some of the growth propellers in the market.
• Various travel bag companies are adopting innovative strategies to cater to the changing consumer demography and demand for environment-friendly travel bags.
• The launch of designer bags exclusively for men is also gaining attention in the market. With the increase in sales of smartphones, tablets, and smart watches, consumers now are more technology-dependent, which is influencing their purchasing decision.
• Manufacturers are coming up with hands-free products that allow consumers to be connected to their gadgets and also secure their luggage.
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Key Buying Criteria Guest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Advertising and Promotions Campaigns
The various marketing campaigns such as ads, posters, contests, and sale promotions influence the purchase behavior of consumers.
Design The appearance and aesthetics of a bag add to the bag's design, which should appeal to consumers.
Fashion Trends The features of a bag should be trendy and made according to latest fashion trends.
Price
Prices of different varieties and brands of travel bags should be fair.
Storage and Size The size of bag as well as storage space matter for consumers and influence purchasing decision.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Travel and Business Bags Market in France 2015-2019
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