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Bags and Luggage in Hong Kong, China

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    Report

  • 19 Pages
  • March 2024
  • Region: China, Hong Kong
  • Euromonitor International
  • ID: 2321888
The lifting of COVID-19 restrictions marked the resurgence of outdoor activities and travel among local consumers, igniting a renewed demand for bags and luggage in Hong Kong. After a hiatus of 2-3 years since the pandemic outbreak in 2020, many consumers started to replace their backpacks and luggage for a fresh and exciting travel experience. This upswing in outdoor and travel activities had a significant impact on demand for bags and luggage as a whole.

The Bags and Luggagein Hong Kong, China 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.

Table of Contents

BAGS AND LUGGAGE IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Resumption of travel boosts demand for bags and luggage
  • Strong growth for backpacks due to casualisation of the workplace post-pandemic
  • Expenditure associated with outbound trips hinders full recovery in 2023
PROSPECTS AND OPPORTUNITIES
  • Brands’ marketing campaigns likely to maintain growth momentum over forecast period
  • Blurring of lines between casual and work bags suggests optimistic outlook for backpacks
  • Luxury brands expected to show strong resilience to potential economic downturn
CATEGORY DATA
  • Table 1 Sales of Bags and Luggage by Category: Volume 2018-2023
  • Table 2 Sales of Bags and Luggage by Category: Value 2018-2023
  • Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Bags and Luggage by Category: % Value Growth 2018-2023
  • Table 5 Sales of Luggage by Type: % Value 2018-2023
  • Table 6 NBO Company Shares of Bags and Luggage: % Value 2019-2023
  • Table 7 LBN Brand Shares of Bags and Luggage: % Value 2020-2023
  • Table 8 Distribution of Bags and Luggage by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Bags and Luggage by Category: Value 2023-2028
  • Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2023-2028
PERSONAL ACCESSORIES IN HONG KONG, CHINA
EXECUTIVE SUMMARY
  • Personal accessories in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for personal accessories?
MARKET DATA
  • Table 13 Sales of Personal Accessories by Category: Volume 2018-2023
  • Table 14 Sales of Personal Accessories by Category: Value 2018-2023
  • Table 15 Sales of Personal Accessories by Category: % Volume Growth 2018-2023
  • Table 16 Sales of Personal Accessories by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Personal Accessories: % Value 2019-2023
  • Table 18 LBN Brand Shares of Personal Accessories: % Value 2020-2023
  • Table 19 Distribution of Personal Accessories by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Personal Accessories by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Personal Accessories by Category: Value 2023-2028
  • Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources