Suitcase and Briefcase Market Report: Trends, Forecast and Competitive Analysis to 2030

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.

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 Moet 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 Moet 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?