LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors for the global travel duffel bags market in their latest research report. This report also lists nine other prominent vendors who are expected to contribute to this market’s growth over the forecast period.
To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. To calculate the market size, the report considers the revenue generated by the sales of travel duffel bags.
Based on geography, the market is segmented into the following regions:
- Asia-Pacific (APAC)
- Europe
- North America
- Rest of the world (ROW)
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“The growing global travel and tourism industry has a considerable impact on the growth of the market. In the last 10 years, the industry reported a substantial rise in the number of travelers and tourists. In order to profit from this thriving industry, governments of a number of countries are promoting tourism in their countries, which is another factor contributing to the growth of the global travel duffel bags market,” said Brijesh Kumar Choubey, one of Technavio’s lead analysts for retail.
“In 2015, the department stores, hypermarkets, and supermarkets dominated the global travel duffel bags market with a share of 37.36%. These establishments have a relatively higher footfall, as they carry a wide range of SKUs across product categories. The specialty retailers segment accounted for 30.8% of the market in 2015. Consumers prefer to buy travel duffel bags from these stores as they usually stock the most popular or exclusive products available in the market,” added Brijesh.
Top five leading vendors in the global travel duffel bags market:
Eagle Creek
Eagle Creek is a luggage manufacturer that was founded in 1975 and is headquartered in Carlsbad, California, US. The company has operated as a division of VF since its acquisition by the latter in 2007. Eagle Creek established its presence in the global travel duffel bags market with its offerings through the duffel and gear bags category.
Everest
Everest was founded in 1982 and is headquartered in Los Angeles, California, US. The company offers a wide range of travel wares for daily journeys as well as adventures. The company's product line includes backpacks, messenger bags, tote bags, duffels, multipurpose packs, outdoor luggage, and travel gear.
Everest established its presence in the global travel duffel bags market with its offerings through its totes and duffels segment.
Luggage America
Luggage America (doing business as Olympia) was incorporated in 1982 and is headquartered in Carson, California, US. The company manufactures and distributes a wide range of durable and reliable travel ware. Its operations, such as customer service and authorized replacement and repair facilities, are located in the US.
Luggage America established its presence in the global travel duffel bags market with offerings such as sports and rolling duffels.
Netpackbag
Netpackbag was founded in 1970 and is headquartered in South El Monte, California, US. It is a manufacturer of luggage products. Netpackbag established its presence in the global travel duffel bags market with offerings through its product segments like wheeled duffels, duffel bags, and promotional bags.
Samsonite
Samsonite was founded in 1910 and manufactures travel luggage bags. It offers luggage, business luggage, computer bags, luggage for outdoors, and casual bags, as well as travel accessories and protective cases. The company sells its products under the Samsonite, Hartmann, High Sierra, Gregory, American Tourister, Speck, and Lipault brands.
Browse related reports:
- Global luggage market 2016-2020
- Travel and business bags market in the US 2015-2019
- Travel and business bags market in the United Kingdom 2015-2019
- Global baby travel bags market 2015-2019
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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