Suitcase and Briefcase Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Travel Cases, Business Cases), By Distribution Channel (Online, Offline) By Region & Competition, 2019-2029F

Customization Enquiry

Buy Now

Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 32.43 Billion

CAGR (2024-2029)

5.79%

Fastest Growing Segment

Business Cases

Largest Market

Asia Pacific

Market Size (2029)

USD 45.22 Billion

Market Overview

Global Suitcase and Briefcase Market was valued at USD 32.43 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 5.79% through 2029. The global suitcase and briefcase market has witnessed significant growth and evolution in recent years, driven by changing consumer preferences, travel trends, and the evolving business landscape. The market encompasses a wide range of products, including traditional hard-sided suitcases, soft-sided luggage, and professional briefcases tailored for business professionals.

Rising global travel and tourism activities have been instrumental in boosting demand for suitcases, with consumers seeking durable, lightweight, and stylish luggage solutions. Technological advancements have also played a crucial role, leading to the development of smart suitcases equipped with features such as GPS tracking, USB charging ports, and integrated scales.

On the business front, the demand for sophisticated and functional briefcases remains robust, driven by the growing number of professionals who prioritize organization and style in their work accessories. Manufacturers are increasingly focusing on innovative materials, design aesthetics, and eco-friendly options to stay competitive in this dynamic market.

E-commerce has emerged as a key distribution channel, providing consumers with a convenient platform to explore and purchase a diverse range of suitcase and briefcase options. The market is characterized by intense competition, prompting companies to invest in product innovation, marketing strategies, and sustainability initiatives to meet the diverse needs of modern consumers. As global travel patterns and work trends continue to evolve, the suitcase and briefcase market is expected to adapt, presenting new opportunities and challenges for industry players.

Key Market Drivers

Rising Travel and Tourism Activities

One of the primary drivers fuelling the suitcase and briefcase market is the continuous growth in global travel and tourism activities. As more people embark on domestic and international journeys for leisure, business, or both, the demand for durable, functional, and aesthetically pleasing luggage has surged. Suitcases have become an essential accessory for travellers, necessitating features such as lightweight construction, ample storage space, and enhanced durability to withstand the rigors of frequent travel.

The increasing affordability of air travel, coupled with a rising middle-class population in emerging economies, has contributed significantly to the expansion of the travel and tourism industry. As a result, luggage manufacturers have adapted to these changing trends by introducing innovative materials, designs, and technologies to meet the diverse preferences of consumers. This trend is likely to persist as global mobility continues to rise, with consumers seeking luggage solutions that offer convenience and style during their travels.

Technological Advancements and Smart Luggage

Technological advancements have transformed the suitcase and briefcase market, introducing a new wave of innovation and functionality. The emergence of smart luggage represents a key driver in the industry, appealing to tech-savvy consumers who prioritize convenience and connectivity in their travel accessories.

Smart suitcases are equipped with features such as GPS tracking, allowing users to locate their luggage in real-time. Integrated USB charging ports enable travelers to charge their electronic devices directly from their suitcase. Some models even come with built-in scales to help users avoid overweight baggage fees. These technological enhancements cater to the modern traveler's needs, providing a seamless and efficient travel experience.

As technology continues to evolve, manufacturers are expected to introduce even more sophisticated features in smart luggage, further enhancing the market's appeal. The integration of IoT (Internet of Things) capabilities and connectivity with mobile applications are likely to become standard features, solidifying the role of technology as a key driver shaping the future of the suitcase and briefcase market.

Changing Work Culture and Business Trends

The evolution of work culture and business trends has had a significant impact on the demand for professional briefcases. With an increasing number of professionals adopting flexible work arrangements, such as remote work and telecommuting, the need for portable and organized work solutions has grown.

Business professionals require briefcases that not only exude a professional image but also offer functionality to carry laptops, tablets, documents, and other essentials. The shift towards more casual and flexible work environments has led to a demand for versatile briefcases that seamlessly transition from formal business settings to more relaxed settings like co-working spaces or coffee shops.

Additionally, the rise of entrepreneurship and freelancing has contributed to the demand for compact yet spacious briefcases that accommodate the varied needs of individuals who operate independently. As the nature of work continues to evolve, the briefcase market is anticipated to witness innovations in design and features to cater to the diverse preferences and lifestyles of modern professionals.


Download Free Sample Report

Key Market Challenges

Economic Uncertainties and Consumer Spending Patterns

Economic uncertainties, such as recessions or global economic downturns, can significantly impact consumer spending patterns, particularly in the discretionary goods sector, which includes luggage. During economic downturns, consumers tend to prioritize essential purchases over non-essential items like new luggage.

The suitcase and briefcase market is sensitive to fluctuations in consumer confidence and purchasing power. In times of economic uncertainty, consumers may delay or scale back travel plans, leading to reduced demand for luggage products. Similarly, the market for professional briefcases may be affected as businesses tighten budgets, impacting corporate gifting and employee-related purchases.

To address this challenge, industry players must be adaptable and responsive to economic shifts. Strategies such as diversification of product offerings, targeted marketing campaigns, and the introduction of budget-friendly options can help mitigate the impact of economic uncertainties on the suitcase and briefcase market.

Intense Competition and Price Wars

The luggage industry is characterized by intense competition, with numerous brands vying for market share. This competition can lead to price wars as companies attempt to attract price-conscious consumers. Price-centric competition often results in reduced profit margins and can compromise the quality of products.

As consumers become more discerning about their purchases, brand reputation and product quality play a crucial role in influencing buying decisions. However, the pressure to offer competitive prices can lead to compromises in product quality or innovation. This challenge requires industry players to strike a delicate balance between offering affordable options and maintaining high product standards.

To address the challenge of intense competition, companies must focus on building strong brand identities, emphasizing product differentiation, and investing in marketing strategies that highlight the unique features and benefits of their luggage products. Innovations in materials, design, and technology can also provide a competitive edge and justify premium pricing.

Rapid Technological Obsolescence

While technological advancements drive innovation in the suitcase and briefcase market, they also present a challenge in terms of rapid technological obsolescence. The lifecycle of technology in luggage products, especially in the case of smart suitcases, is relatively short. As new features and capabilities are introduced, older models may quickly become outdated.

Consumers who invest in smart luggage with cutting-edge features may find their products outdated within a short period, prompting them to seek newer models. This challenge places pressure on manufacturers to continuously invest in research and development to stay ahead of technological trends and consumer expectations.

To overcome the challenge of technological obsolescence, companies need to adopt agile product development processes, anticipating future trends and integrating modular technologies that allow for easy upgrades. Providing firmware updates and backward compatibility can also enhance the longevity of smart luggage products, addressing the concerns of consumers who seek a longer lifecycle for their investments.

Key Market Trends

Sustainable and Eco-friendly Products

A prominent trend in the suitcase and briefcase market is the increasing demand for sustainable and eco-friendly products. With growing environmental awareness among consumers, there is a shift towards luggage options that prioritize sustainability in materials, manufacturing processes, and overall product life cycles.

Manufacturers are responding to this trend by incorporating recycled materials, such as recycled plastics or sustainable fabrics, into their product designs. Additionally, some brands are exploring innovative and biodegradable materials to minimize the environmental impact of luggage. Beyond materials, companies are adopting eco-friendly packaging and implementing recycling programs to address the entire product lifecycle.

Sustainability certifications and transparent communication about environmentally friendly practices have become key differentiators for brands in this market. As the focus on sustainability continues to intensify globally, this trend is expected to shape the future of the suitcase and briefcase market.

Smart Luggage and Technological Integration

The integration of technology into luggage products, commonly referred to as smart luggage, is a trend that continues to gain momentum. Smart features enhance the functionality and convenience of suitcases and briefcases, catering to the needs of tech-savvy consumers.

GPS tracking, USB charging ports, built-in scales, and Bluetooth connectivity are some of the technological advancements incorporated into smart luggage. These features not only provide practical benefits for travelers but also contribute to a modern and connected travel experience.

As technology evolves, the trend is expected to expand to include more sophisticated features, such as biometric security systems, IoT connectivity, and integration with mobile apps. The continuous innovation in smart luggage aligns with the broader trend of consumers seeking products that seamlessly integrate into their connected lifestyles.

Customization and Personalization

The trend towards customization and personalization is gaining momentum in the suitcase and briefcase market, driven by the desire for unique and individualized products. Consumers increasingly seek luggage options that reflect their personal style, preferences, and sometimes even their travel destinations.

Brands are responding by offering customizable features, such as monogramming, color options, and interchangeable components. Some companies provide online platforms where customers can design their own luggage, choosing from a range of materials, colors, and accessories.

Beyond aesthetics, personalization is extending to functional aspects, with adjustable compartments, modular designs, and customizable storage solutions. This trend not only enhances the consumer experience but also fosters a sense of ownership and uniqueness in an otherwise mass-produced market.

Segmental Insights

Product Type Insights

Business cases have emerged as a growing segment in the global suitcase and briefcase market, driven by the evolving needs of professionals and the changing landscape of work. As more individuals adopt flexible work arrangements and entrepreneurship, the demand for sophisticated and functional business cases has surged. These cases are designed to accommodate laptops, tablets, documents, and other work essentials while exuding a professional and polished aesthetic. With an emphasis on organizational features, durability, and style, business cases cater to the diverse preferences of modern professionals. The growing importance of making a professional statement in both traditional and contemporary business settings positions business cases as a key growth segment within the broader luggage market.

Distribution Channel Insights

Online retail is a rapidly growing segment in the global suitcase and briefcase market, transforming the way consumers discover and purchase luggage. The convenience and accessibility offered by e-commerce platforms have propelled online sales to new heights. Consumers now prefer extensive product choices, competitive pricing, and the ability to compare reviews and features online. The digital transformation of the retail landscape has provided a global platform for suitcase and briefcase manufacturers to reach a wider audience. The ease of online shopping has become a significant driver, leading to increased sales and market share for companies that effectively leverage e-commerce channels. As the trend towards digital commerce continues, online retail is poised to remain a dominant and expanding segment within the suitcase and briefcase market.


Download Free Sample Report

Regional Insights

Asia Pacific has emerged as the dominating region in the global suitcase and briefcase market, showcasing robust growth driven by factors such as rising disposable incomes, changing consumer lifestyles, and a surge in travel and business activities. The region's economic dynamism, particularly in countries like China and India, has propelled a burgeoning middle class with an increasing propensity for travel, contributing significantly to the demand for luggage.

China, in particular, stands out as a key player in the market, witnessing a rapid expansion of both domestic and international travel. The country's growing e-commerce ecosystem has further fueled the accessibility of luggage products, making it a major contributor to the online retail segment of the market.

Additionally, the corporate landscape in Asia Pacific has evolved, with a rising number of professionals and entrepreneurs demanding high-quality business cases. This shift in work culture, coupled with a penchant for stylish yet functional luggage, has driven the demand for briefcases and professional bags.

As the region continues to urbanize and experience economic prosperity, the Asia Pacific suitcase and briefcase market is expected to maintain its dominance, presenting lucrative opportunities for global and local players alike. The convergence of economic growth, changing consumer preferences, and increasing travel trends solidifies Asia Pacific's pivotal role in shaping the trajectory of the global luggage market.

Recent Developments

  • In May 2023, Kickstarter introduced xBriefcase, featuring 19 smart pockets for enhanced organization and security, along with a lifetime warranty. Its high-density foam padding, ABS honeycomb, and elasticized fusing offer three times more shock absorption and 2.5 times more durability compared to other premium briefcases.
  • In November 2023, Rimowa GmbH, the renowned German luxury luggage brand, inaugurated its inaugural store in India. Situated within the prestigious Jio World Plaza, the largest luxury mall in Mumbai, this marks the brand's entrance into the Indian market.

Key Market Players

  • Ace Co. Ltd.
  • Valigeria Roncato S.p.A.
  • BRIC’S Industria valigeria fine S.p.A
  • Delsey S.A
  • Briggs & Riley Travelware LLC
  • LVMH Moët Hennessy-Louis Vuitton SE
  • Nike, Inc.
  • Samsonite International S.A. 
  • VF Corporation
  • VIP Industries Ltd

 

By Product Type

 

By Distribution Channel

 

By Region
  • Travel Cases
  • Business Cases
  • Online
  • Offline
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the global suitcase and briefcase market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Suitcase and Briefcase Market, By Product Type:

o   Travel Cases

o   Business Cases

  •  Suitcase and Briefcase Market, By Distribution Channel :

o   Online

o   Offline

  •  Suitcase and Briefcase Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

o   South America

§  Argentina

§  Colombia

§  Brazil

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the global Suitcase and Briefcase market.

Available Customizations:

Global Suitcase and Briefcase Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Suitcase and Briefcase Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Global Suitcase and Briefcase Market Outlook

4.1.  Market Size & Forecast

4.1.1.    By Value

4.2.  Market Share & Forecast

4.2.1.    By Product Type Market Share Analysis (Travel Cases, Business Cases),

4.2.2.    By Distribution Channel Market Share Analysis (Online, Offline)

4.2.3.    By Regional Market Share Analysis

4.2.3.1.        North America Market Share Analysis

4.2.3.2.        Europe Market Share Analysis

4.2.3.3.        Asia-Pacific Market Share Analysis

4.2.3.4.        Middle East & Africa Market Share Analysis

4.2.3.5.        South America Market Share Analysis

4.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

4.3.  Global Suitcase and Briefcase Market Mapping & Opportunity Assessment

4.3.1.    By Product Type Market Mapping & Opportunity Assessment

4.3.3.    By Distribution Channel Market Mapping & Opportunity Assessment

4.3.4.    By Regional Market Mapping & Opportunity Assessment

5.    North America  Suitcase and Briefcase Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis

5.2.2.    By Distribution Channel Market Share Analysis

5.2.3.    By Country Market Share Analysis

5.2.3.1.        United States  Suitcase and Briefcase Market Outlook

5.2.3.1.1.           Market Size & Forecast

5.2.3.1.1.1.               By Value

5.2.3.1.2.           Market Share & Forecast

5.2.3.1.2.1.               By Product Type Market Share Analysis

5.2.3.1.2.2.               By Distribution Channel Market Share Analysis

5.2.3.2.        Canada  Suitcase and Briefcase Market Outlook

5.2.3.2.1.           Market Size & Forecast

5.2.3.2.1.1.               By Value

5.2.3.2.2.           Market Share & Forecast

5.2.3.2.2.1.               By Product Type Market Share Analysis

5.2.3.2.2.2.               By Distribution Channel Market Share Analysis

5.2.3.3.        Mexico  Suitcase and Briefcase Market Outlook

5.2.3.3.1.           Market Size & Forecast

5.2.3.3.1.1.               By Value

5.2.3.3.2.           Market Share & Forecast

5.2.3.3.2.1.               By Product Type Market Share Analysis

5.2.3.3.2.2.               By Distribution Channel Market Share Analysis

6.    Europe  Suitcase and Briefcase Market Outlook

6.1.  Market Size & Forecast      

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Distribution Channel Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        France  Suitcase and Briefcase Market Outlook

6.2.3.1.1.           Market Size & Forecast

6.2.3.1.1.1.               By Value

6.2.3.1.2.           Market Share & Forecast

6.2.3.1.2.1.               By Product Type Market Share Analysis

6.2.3.1.2.2.               By Distribution Channel Market Share Analysis

6.2.3.2.        United Kingdom  Suitcase and Briefcase Market Outlook

6.2.3.2.1.           Market Size & Forecast

6.2.3.2.1.1.               By Value

6.2.3.2.2.           Market Share & Forecast

6.2.3.2.2.1.               By Product Type Market Share Analysis

6.2.3.2.2.2.               By Distribution Channel Market Share Analysis

6.2.3.3.        Italy  Suitcase and Briefcase Market Outlook

6.2.3.3.1.           Market Size & Forecast

6.2.3.3.1.1.               By Value

6.2.3.3.2.           Market Share & Forecast

6.2.3.3.2.1.               By Product Type Market Share Analysis

6.2.3.3.2.2.               By Distribution Channel Market Share Analysis

6.2.3.4.        Germany  Suitcase and Briefcase Market Outlook

6.2.3.4.1.           Market Size & Forecast

6.2.3.4.1.1.               By Value

6.2.3.4.2.           Market Share & Forecast

6.2.3.4.2.1.               By Product Type Market Share Analysis

6.2.3.4.2.2.               By Distribution Channel Market Share Analysis

6.2.3.5.        Spain  Suitcase and Briefcase Market Outlook

6.2.3.5.1.           Market Size & Forecast

6.2.3.5.1.1.               By Value

6.2.3.5.2.           Market Share & Forecast

6.2.3.5.2.1.               By Product Type Market Share Analysis

6.2.3.5.2.2.               By Distribution Channel Market Share Analysis

7.    Asia-Pacific  Suitcase and Briefcase Market Outlook

7.1.  Market Size & Forecast      

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Distribution Channel Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        China  Suitcase and Briefcase Market Outlook

7.2.3.1.1.           Market Size & Forecast

7.2.3.1.1.1.               By Value

7.2.3.1.2.           Market Share & Forecast

7.2.3.1.2.1.               By Product Type Market Share Analysis

7.2.3.1.2.2.               By Distribution Channel Market Share Analysis

7.2.3.2.        India  Suitcase and Briefcase Market Outlook

7.2.3.2.1.           Market Size & Forecast

7.2.3.2.1.1.               By Value

7.2.3.2.2.           Market Share & Forecast

7.2.3.2.2.1.               By Product Type Market Share Analysis

7.2.3.2.2.2.               By Distribution Channel Market Share Analysis

7.2.3.3.        Japan  Suitcase and Briefcase Market Outlook

7.2.3.3.1.           Market Size & Forecast

7.2.3.3.1.1.               By Value

7.2.3.3.2.           Market Share & Forecast

7.2.3.3.2.1.               By Product Type Market Share Analysis

7.2.3.3.2.2.               By Distribution Channel Market Share Analysis

7.2.3.4.        Australia  Suitcase and Briefcase Market Outlook

7.2.3.4.1.           Market Size & Forecast

7.2.3.4.1.1.               By Value

7.2.3.4.2.           Market Share & Forecast

7.2.3.4.2.1.               By Product Type Market Share Analysis

7.2.3.4.2.2.               By Distribution Channel Market Share Analysis

7.2.3.5.        South Korea  Suitcase and Briefcase Market Outlook

7.2.3.5.1.           Market Size & Forecast

7.2.3.5.1.1.               By Value

7.2.3.5.2.           Market Share & Forecast

7.2.3.5.2.1.               By Product Type Market Share Analysis

7.2.3.5.2.2.               By Distribution Channel Market Share Analysis

7.2.3.6.        Indonesia  Suitcase and Briefcase Market Outlook

7.2.3.6.1.           Market Size & Forecast

7.2.3.6.1.1.               By Value

7.2.3.6.2.           Market Share & Forecast

7.2.3.6.2.1.               By Product Type Market Share Analysis

7.2.3.6.2.2.               By Distribution Channel Market Share Analysis

8.    Middle East & Africa  Suitcase and Briefcase Market Outlook

8.1.  Market Size & Forecast      

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Distribution Channel Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        South Africa  Suitcase and Briefcase Market Outlook

8.2.3.1.1.           Market Size & Forecast

8.2.3.1.1.1.               By Value

8.2.3.1.2.           Market Share & Forecast

8.2.3.1.2.1.               By Product Type Market Share Analysis

8.2.3.1.2.2.               By Distribution Channel Market Share Analysis

8.2.3.2.        Saudi Arabia  Suitcase and Briefcase Market Outlook

8.2.3.2.1.           Market Size & Forecast

8.2.3.2.1.1.               By Value

8.2.3.2.2.           Market Share & Forecast

8.2.3.2.2.1.               By Product Type Market Share Analysis

8.2.3.2.2.2.               By Distribution Channel Market Share Analysis

8.2.3.3.        UAE  Suitcase and Briefcase Market Outlook

8.2.3.3.1.           Market Size & Forecast

8.2.3.3.1.1.               By Value

8.2.3.3.2.           Market Share & Forecast

8.2.3.3.2.1.               By Product Type Market Share Analysis

8.2.3.3.2.2.               By Distribution Channel Market Share Analysis

8.2.3.4.        Turkey  Suitcase and Briefcase Market Outlook

8.2.3.4.1.           Market Size & Forecast

8.2.3.4.1.1.               By Value

8.2.3.4.2.           Market Share & Forecast

8.2.3.4.2.1.               By Product Type Market Share Analysis

8.2.3.4.2.2.               By Distribution Channel Market Share Analysis

9.    South America  Suitcase and Briefcase Market Outlook

9.1.  Market Size & Forecast      

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Distribution Channel Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        Argentina  Suitcase and Briefcase Market Outlook

9.2.3.1.1.           Market Size & Forecast

9.2.3.1.1.1.               By Value

9.2.3.1.2.           Market Share & Forecast

9.2.3.1.2.1.               By Product Type Market Share Analysis

9.2.3.1.2.2.               By Distribution Channel Market Share Analysis

9.2.3.2.        Colombia  Suitcase and Briefcase Market Outlook

9.2.3.2.1.           Market Size & Forecast

9.2.3.2.1.1.               By Value

9.2.3.2.2.           Market Share & Forecast

9.2.3.2.2.1.               By Product Type Market Share Analysis

9.2.3.2.2.2.               By Distribution Channel Market Share Analysis

9.2.3.3.        Brazil  Suitcase and Briefcase Market Outlook

9.2.3.3.1.           Market Size & Forecast

9.2.3.3.1.1.               By Value

9.2.3.3.2.           Market Share & Forecast

9.2.3.3.2.1.               By Product Type Market Share Analysis

9.2.3.3.2.2.               By Distribution Channel Market Share Analysis

10. Market Dynamics

10.1.            Drivers

10.2.            Challenges

11. Impact of COVID-19 on Global Suitcase and Briefcase Market

11.1.            Impact Assessment Model   

11.1.1. Key Segments Impacted

11.1.2. Key Regional Impacted

11.1.3. Key Countries Impacted

12. Market Trends & Developments

13. Competitive Landscape

13.1.            Company Profiles

13.1.1. Ace Co. Ltd.

13.1.1.1.     Company Details

13.1.1.2.     Products

13.1.1.3.     Financials (As Per Availability)

13.1.1.4.     Key Market Focus & Geographical Presence

13.1.1.5.     Recent Developments

13.1.1.6.     Key Management Personnel

13.1.2. Valigeria Roncato S.p.A.

13.1.2.1.     Company Details

13.1.2.2.     Products

13.1.2.3.     Financials (As Per Availability)

13.1.2.4.     Key Market Focus & Geographical Presence

13.1.2.5.     Recent Developments

13.1.2.6.     Key Management Personnel

13.1.3. BRIC’S Industria valigeria fine S.p.A

13.1.3.1.     Company Details

13.1.3.2.     Products

13.1.3.3.     Financials (As Per Availability)

13.1.3.4.     Key Market Focus & Geographical Presence

13.1.3.5.     Recent Developments

13.1.3.6.     Key Management Personnel

13.1.4. Delsey S.A

13.1.4.1.     Company Details

13.1.4.2.     Products

13.1.4.3.     Financials (As Per Availability)

13.1.4.4.     Key Market Focus & Geographical Presence

13.1.4.5.     Recent Developments

13.1.4.6.     Key Management Personnel

13.1.5. Briggs & Riley Travelware LLC

13.1.5.1.     Company Details

13.1.5.2.     Products

13.1.5.3.     Financials (As Per Availability)

13.1.5.4.     Key Market Focus & Geographical Presence

13.1.5.5.     Recent Developments

13.1.5.6.     Key Management Personnel

13.1.6. LVMH Moët Hennessy-Louis Vuitton SE

13.1.6.1.     Company Details

13.1.6.2.     Products

13.1.6.3.     Financials (As Per Availability)

13.1.6.4.     Key Market Focus & Geographical Presence

13.1.6.5.     Recent Developments

13.1.6.6.     Key Management Personnel

13.1.7. Nike, Inc.

13.1.7.1.     Company Details

13.1.7.2.     Products

13.1.7.3.     Financials (As Per Availability)

13.1.7.4.     Key Market Focus & Geographical Presence

13.1.7.5.     Recent Developments

13.1.7.6.     Key Management Personnel

13.1.8. Samsonite International S.A. 

13.1.8.1.     Company Details

13.1.8.2.     Products

13.1.8.3.     Financials (As Per Availability)

13.1.8.4.     Key Market Focus & Geographical Presence

13.1.8.5.     Recent Developments

13.1.8.6.     Key Management Personnel

13.1.9. VF Corporation

13.1.9.1.     Company Details

13.1.9.2.     Products

13.1.9.3.     Financials (As Per Availability)

13.1.9.4.     Key Market Focus & Geographical Presence

13.1.9.5.     Recent Developments

13.1.9.6.     Key Management Personnel

13.1.10.              VIP Industries Ltd

13.1.10.1.  Company Details

13.1.10.2.  Products

13.1.10.3.  Financials (As Per Availability)

13.1.10.4.  Key Market Focus & Geographical Presence

13.1.10.5.  Recent Developments

13.1.10.6.  Key Management Personnel

14. Strategic Recommendations/Action Plan

14.1.            Key Focus Areas

14.2.            Target Product Type

14.3.            Target Distribution Channel

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the Global Suitcase and Briefcase Market was estimated to be USD 32.43 billion in 2023.

down-arrow

The major drivers for the Global Suitcase and Briefcase Market include rising travel and tourism activities, technological advancements with the growth of smart luggage, changing work culture, and business trends, the influence of e-commerce in distribution, and a focus on product innovation and sustainability to meet diverse consumer demands.

down-arrow

Major trends in the Global Suitcase and Briefcase Market include a focus on sustainable and eco-friendly products, the integration of technology with smart luggage, a rising demand for customization and personalization, and a trend towards diverse and inclusive design to cater to the evolving preferences of consumers worldwide.

down-arrow

Major challenges for the Global Suitcase and Briefcase Market include economic uncertainties affecting consumer spending, intense competition leading to price wars, the risk of rapid technological obsolescence, and the need to address environmental concerns and implement sustainable practices to meet evolving consumer expectations.

Related Reports

profile

Parvati Sharma

Account Manager BD
Press Release

Suitcase and Briefcase Market to Grow with a CAGR of 5.79% through 2029

Sep, 2024

The global suitcase and briefcase market is growing rapidly, driven by rising demand for versatility and multi-functionality suitcases and briefcases that are lightweight, durable, and secure.

Why Choose Us