"Bags and Luggage in Canada" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Nov 24 2014

The number of outbound departures and domestic leisure tourism trips taken by Canadian people recorded stagnant growth for several years earlier in the review period due to the effects of severe economic pressures. However, the numbers of Canadians travelling abroad experienced a resurgence during 2013. During 2013, the number of domestic trips in Canada increased by 3%, while the number of and outbound departures increased by 4% and this boosted travel related spending, including the purchase of new bags and luggage for travel. In addition to the traditional luggage which is often used when travelling, backpacks are becoming increasingly popular among regular travellers for use as both carry-on luggage and as an accessory/convenience bag for daytrips.

Competitive Landscape

Bags and luggage in Canada is a highly fragmented and competitive category, with many large, medium and small players competing for the attention of consumers. Within branded products, the leading competitors include a mixture of luxury goods brands and mainstream mass brands such as Coach, Louis Vuitton, Wenger, Victorinox, High Sierra, Guess, and Samsonite, to name only a few. These brands are all very well-established and they each have a reputation for high quality and innovation; more importantly, they have all established wide networks of retail distributors. The retail distribution of bags focuses mainly on mono-brand retail outlets, third party retailers such as hypermarkets and department stores and specialist retailers outlets such as apparel and footwear specialist retailers, outdoor goods stores and sports goods stores.

Full Report Details at
- http://www.fastmr.com/prod/905266_bags_and_luggage_in_canada.aspx?afid=301

Industry Prospects

The prevailing trends which drove sales of luggage towards the end of the review period such as increased levels of domestic and outbound travel, higher demand for specialised bags for specific purposes and more diversity in the workforce are expected to remain important in the category during the forecast period. Lifestyle elements such as increased participation in athletic activity and sports, the increasing numbers of women in the workforce and the growing demand for bags which can accommodate specialised consumer electronics devices are set to underpin growth in bags and luggage throughout the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Bags and Luggage industry in Canada 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 Canada, our research will save you time and money while empowering you to make informed, profitable decisions.

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