Bags and Luggage in the Netherlands: New research report available at Fast Market Research

From: Fast Market Research, Inc.
Published: Thu Oct 30 2014

Sales of bags and luggage performed better in 2014, showing steady but nonetheless positive growth across the different categories. Renewed consumer confidence translated into higher demand as the Dutch were able to spend more to purchase new products while manufacturers continued to respond with new product development and advertising. While sales remained highly affected by the economic slowdown in 2013, the willingness to purchase bags and luggage remained among Dutch consumers who became more careful about what they spent while searching for quality, functional and designer products.

Competitive Landscape

Bags and luggage is fairly fragmented due to the presence of several players and the nature of the products distributed, such as bags, but is led by mostly multinational companies that have a solid position in categories such as luggage. Samsonite Nederland BV is the largest manufacturer in luggage. The manufacturer continued to release new models that focus on lightweight attributes and areas adapted to the needs of people pursuing shorter leisure or business trips, such as the Spark line, featuring a double wheel system, low weight and more internal space. Other introductions included Skydro, a hard case luggage piece made with 100% Makroton polycarbonate, a high technology material that assures greater resistance and durability. Skydro is marketed as a more affordable alternative to standard Samsonite lines, targeting consumers seeking quality but a lower price in comparison to other more expensive lines.

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Industry Prospects

Bags and luggage is set to show more positive growth prospects over the forecast period. A change in economic conditions in the Netherlands is likely to result in a return to growth for the different categories as the Dutch consumers feels more confident about spending more money. While in 2014 growth will remain flat, it is likely to start showing a positive trend, showing a change when compared with the review period when sales were affected by a recession.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Bags and Luggage industry in Netherlands with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Bags and Luggage industry in Netherlands, our research will save you time and money while empowering you to make informed, profitable decisions.

The Bags and Luggage in Netherlands market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products

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