Luggage and Leather Goods Retailing in China - New Study Released

Summary
The Chinese luggage and leather goods market holds huge growth potential in the forecast period. The market is positively influenced by increasing household disposable income, a rising affluent middle class, rapid urbanization, a rising demand for luxury in lower tier cities, and a surge in the number of those travelling. Most luggage and leather goods retailers have a very strong footprint on tier I and tier II cities in China, but very soon tier III and IV cities will join hands with larger cities to drive the market.

Key Findings

* The luggage and leather goods retail sector is expected to generate CNY243.3 billion of sales in 2020, representing a CAGR of 14.43% over the forecast period
* A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer's expansion plans in tier lll and tier lV cities will drive further growth
* Per capita spending on luggage and leather goods will continue to soar, with a CAGR of 13.8% over the next five years.
* The growing interest for the online purchase of luggage and leather goods will drive online spending, at a rate of 25.4% over the next five years

Full Report Details at
- http://www.fastmr.com/prod/1183562_luggage_leather_goods.aspx?afid=301

Synopsis
"Luggage and Leather Goods Retailing in China - Market Summary and Forecasts" is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.

What else does this report offer?

* A thorough analysis of consumer trends changing economic and population factors
* Both qualitative and quantitative insights and analysis of the shifting luggage and leather goods retail dynamics from 2010 to 2020
* Sales of luggage and leather goods through the following channels from 2010 to 2020: Department stores; other specialist retailers; online; hypermarkets, supermarkets and hard-discounters; value, variety stores and general merchandise retailers; other general and non-specialist direct retailers; cash and carries and warehouse clubs; duty free retailers; clothing, footwear, accessories and luxury goods specialists
* An overview of key luggage and leather goods retailers operating across China and their presence across distribution channels

Reasons to Get this Report

* Gain a comprehensive knowledge on luggage and leather goods sector in the China retail market and develop a competitive advantage from the start of your supply chain
* Investigate current and forecast behaviour trends in luggage and leather goods category to identify the best opportunities to exploit
* Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior
* Understand the fastest growing categories including luggage and leather goods, with insights on performance across key channels from 2010, with forecasts until 2020

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