Analysis on Impact of COVID-19-Smart Carry-on Bags Market 2020-2024 | Premiumization Through Product Innovation to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Smart Carry-on Bags Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the smart carry-on bags market and it is poised to grow by USD 258.56 mn during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Andiamo Luggage, Arlo Skye Inc., Delsey Luggage Inc., FUGU Luggage Inc., Horizn Studios GmbH, Incipio LLC, JRSK Inc., LVMH Moët Hennessy - Louis Vuitton, Samsara Luggage, and Samsonite International S.A. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Premiumization through product innovation has been instrumental in driving the growth of the market. However, high cost associated with smart carry on bags might hamper market growth.

Smart Carry-on Bags Market 2020-2024: Segmentation

Smart Carry-on Bags Market is segmented as below:

  • Technology
    • USB Charging
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43774

Smart Carry-on Bags Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart carry-on bags market report covers the following areas:

  • Smart Carry-on Bags Market Size
  • Smart Carry-on Bags Market Trends
  • Smart Carry-on Bags Market Industry Analysis

This study identifies advent of e-commerce as one of the prime reasons driving the smart carry-on bags market growth during the next few years.

Smart Carry-on Bags Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the smart carry-on bags market, including some of the vendors such as Andiamo Luggage, Arlo Skye Inc., Delsey Luggage Inc., FUGU Luggage Inc., Horizn Studios GmbH, Incipio LLC, JRSK Inc., LVMH Moët Hennessy - Louis Vuitton, Samsara Luggage, and Samsonite International S.A. Backed with competitive intelligence and benchmarking, our research reports on the smart carry-on bags market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Smart Carry-on Bags Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist smart carry-on bags market growth during the next five years
  • Estimation of the smart carry-on bags market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart carry-on bags market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart carry-on bags market vendors

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by technology
  • USB charging - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by technology

Market Segmentation by Distribution Channel

  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by distribution channel

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Andiamo Luggage
  • Arlo Skye Inc.
  • Delsey Luggage Inc.
  • FUGU Luggage Inc.
  • Horizn Studios GmbH
  • Incipio LLC
  • JRSK Inc.
  • LVMH Moët Hennessy - Louis Vuitton
  • Samsara Luggage
  • Samsonite International S.A.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The smart carry-on bags market is poised to grow by USD 258.56 mn during 2020-2024, according to Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/