PROSPECTS AND OPPORTUNITIES
Sustainability concerns are expected to drive innovation in bags and luggage
Retail sales of bags and luggage are set to rise at a current value CAGR of 6% (2024 constant value CAGR of 3%) over the forecast period, with wallets and coin pouches set to drive the strongest growth. As Polish consumers become increasingly aware of the textiles industry's environmental impact, there is expected to be a rising demand for eco-friendly options across the forecast period, not just in clothing but also in accessories, such as bags and luggage.
Luxury and budget segments are expected to thrive amid market polarisations
Market polarisation is expected to deepen across the forecast period, as rising living costs and growing average salaries lead consumers toward either luxury or budget segments. Luxury brands are expected to remain resilient as demand for premium products endures despite higher price points.
Bag and luggage specialists will incorporate technological innovations to remain competitive
E-commerce is expected to gain ground across the next five years, bolstered by the demand for convenience, ease and a wide range of options. However, physical retail stores will continue to lead sales, with bags and luggage specialists having a strong position.
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Overview:
Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Poland 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 Poland, 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 Poland 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 Poland?
- Which are the leading brands in Bags and Luggage in Poland?
- How significant is tourism in determining sales and demand for Bags and Luggage in Poland?
- How are COVID-19 and global recession impacting demand for Bags and Luggage in Poland?
- 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 Poland - Category analysis
KEY DATA FINDINGS
Luggage sales decelerate while bags are the best performing category in 2024
Local brand expansion bolstered by consumer demand for domestic goods
The growth and expansion of e-commerce continues across 2024
Sustainability concerns are expected to drive innovation in bags and luggage
Luxury and budget segments are expected to thrive amid market polarisations
Bag and luggage specialists will incorporate technological innovations to remain competitive
Personal Accessories in Poland - 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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