PROSPECTS AND OPPORTUNITIES
A somewhat flat and sluggish outlook is expected over the forecast period
Bags and luggage is anticipated to show a somewhat flat and sluggish performance over the forecast period. However, luxury leather goods will retain opportunities for growth.
Transparency and sustainability will become increasingly important, and more produducts for male consumers are expected
The aforementioned scandal about the alleged illegal subcontracting system reinforced the need from luxury manufacturers to strengthen control of their supply chains and be more transparent. More than ever, consumers want to know the origin of materials, manufacturing conditions, and environmental impact.
A new generation of innovative players set to rise, bringing new developments to bags and luggage
A new generation of innovative players is set to rise over the forecast period, further inspired by the high margins possible in the premium and luxury segments. Within this, both emergent and existing brands will bring new developments to bags and luggage, alongside a series of sustainability initiatives to meet consumer demands.
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Overview:
Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in France with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Bags and Luggage industry in France, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Bags and Luggage in France report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Bags and Luggage in France?
- Which are the leading brands in Bags and Luggage in France?
- How significant is tourism in determining sales and demand for Bags and Luggage in France?
- How are COVID-19 and global recession impacting demand for Bags and Luggage in France?
- In the wake of COVID-19, how soon can Bags and Luggage be expected to recover? Where are the opportunities for growth now?
- Where is future growth expected to be most significant?
Bags and Luggage in France - Category analysis
KEY DATA FINDINGS
Sales of bags and luggage see a generally positive performance
Back-to-school backpacks fail to boost category sales, heralding a new pattern
Luxury brands still largely dominate despite (and, in fact, thanks to) increasingly high prices
A somewhat flat and sluggish outlook is expected over the forecast period
Transparency and sustainability will become increasingly important, and more produducts for male consumers are expected
A new generation of innovative players set to rise, bringing new developments to bags and luggage
Personal Accessories in France - Industry Overview
Personal accessories in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
DISCLAIMER
The following categories and subcategories are included:
Bags and Luggage
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- Backpacks
- Business Bags
- Crossbody Bags
- Duffel Bags
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- Non-Luxury Handbags
- Luxury Handbags
- Wallet and Coin Pouches
- Other Small Bags
- Luggage
Bags and Luggage
Bags and Luggage includes bags and cases which serve common everyday purposes or specific functions during travel, sports, or formal occasions. However, all sports equipment bags (e.g. golf, tennis, and bowling), insulated food and beverage bags, and musical instrument cases are excluded.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Bags and Luggage research and analysis database.
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