Bags and Luggage in Mexico

Bags and luggage in Mexico is set to experience a strong slowdown in retail current value growth in 2024 compared with the previous three years, when it recorded double-digit growth. In 2023, economic conditions encouraged consumption and an increase in travel, despite high inflation. However, in 2024 spending by some consumers has started to contract, and shoppers are prioritising purchases and seeking convenience. A factor contributing to this trend is the rising prices of bags and luggage.

The Bags and Luggagein Mexico report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Bags, Luggage.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Bags and Luggage market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.