Travel and Business Bags Market in Germany 2015-2019

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Travel and Business Bags Market in Germany 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Travel and Business Bags Market in Germany 2015-

2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “One of the major drivers of the travel and business bags market in Germany is the increase in consumer income levels, which increases purchasing power. This in turn influences demand for expensive and premium travel bag brands and per capita consumption by consumers. Another driver is the popularity of leather manufactured in Germany.”

• Travel bags are considered to be a non-essential product, so the expenditure on this industry is suspected to vary in times of economic decline, when consumers often delay the purchase of non-essential products. The arrival of numerous brands and their easy availability through retail stores and online retail channels has increased the demand for travel bags among consumers in Germany.

• Technavio's analysts forecast the travel and business bags market in Germany, in terms of revenue and volume to grow at a CAGR of 2.15% and 1.49%, respectively, over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Travel and Business Bags Market in Germany 2015-2019

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Vendors

To understand the vendor landscape and

for a full list of vendors view our report:

Travel and Business Bags Market in Germany 2015-2019

Braun Büffel

BREE Collection

Delsey

Braun Büffel was established in 1887 and is headquartered in Nahe, Germany. It designs, manufactures, and distributes a wide range of travel bags for women and men.

BREE Collection was founded in 1970 and is headquartered in Isernhagen, Germany. The company designs, manufactures, and markets an extensive array of bags and accessories in various countries, primarily in Europe and APAC.

Delsey was founded in 1946 and is headquartered in Tremblay-en-France, France. The company manufactures and markets travel, leisure, and business luggage. It also offers camera bags, and luggage security locks such as TSA, and combination and key padlocks.

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Market Landscape• The travel and business bags market in Germany is expected to grow rapidly during the

forecast period.

• The travel and business bags market's growth is controlled by various factors, out of which travel and tourism activities and rising number of business travelers are driving demand.

• The rise in travel traffic has increased sales of the travel and business bags.

• In 2013, Germany witnessed 63 percent of direct GDP generated from leisure travel (inbound and outbound), and 37 percent from business travel.

• It shows clearly that demand for travel and business bags will rise and fuel the growth of the market positively.

• Trolley bags and suitcases are popular among this market.

• In the modern day, travel bags are seen as status symbols and signify power and wealth.

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Key Buying Criteria Guest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

Advertising and Promotions Campaigns

The various marketing campaigns such as ads, posters, contests, and sale promotions influence the purchase behavior of consumers.

Design The appearance and aesthetics of a bag adds to the bag's design, which should appeal to consumers.

Fashion Trends The features of a bag should be trendy and made according to the latest fashion trends.

Price

Prices of different varieties and brands of travel bags should be fair.

Storage and Size The size of a bag and the storage space available are important to consumers.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Travel and Business Bags Market in Germany 2015-2019

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