Bangladesh Luggage Market (2021-2027)

Market Forecast By Product Type (Travel Luggage, Casual Luggage, Business Luggage, Sports Luggage, Other Product Types), By Distribution Channel (Online, Offline) And Competitive Landscape

Product Code: ETC060828 Publication Date: May 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 100 No. of Figures: 18 No. of Tables: 6

The Bangladesh Luggage market witnessed considerable growth in recent years on account of the growing consumer demand for travel luggage bags and casual bags from the population of Bangladesh underpinned by strong growth in tourism in the country and the rising education sector. The demand for luggage bags is on an upward growth trajectory mainly attributed to urban consumers who are more inclined towards travelling and education related activities. However, the spread of covid-19 resulted in a complete termination on long distance travel, school, colleges and offices. Stringent lockdown imposed in the country to curb the spread of coronavirus resulted in the closing of speciality stores and malls, which lowered the sales of luggage bags during the year 2020 and thus, the market revenues witnessed a decline during this year. Also, the demand from school and college students was in a major slump owing to restrictions on travel and the closing of educational institutions. However, the luggage market in the country is expected to reach 2019 peaks in 2022 with a slight recovery in 2021 with the reopening of schools, colleges and the revocation of travel restrictions

According to 6Wresearch, the Bangladesh Luggage Market size is projected to grow at a CAGR of 8.4% during 2021-27FThe increasing number of rail and air passengers and the rising disposable income in Bangladesh are the major factors contributing to the growth of the luggage market. The projected growth in demand for luggage bags over the coming years can also be attributed to the government’s planned expenditure of 37 billion USD by 2024 for the education sector and the steps being taken by the Ministry of Primary and Mass Education to increase the number of teachers in the country. With the rising innovation by the manufacturers in the luggage bags industry, the adoption of newer and technology headed luggage bags is anticipated to rise in the forthcoming period.

By distribution channel, supermarket/hypermarkets that are dealing in multiple brands garnered the majority of the market share as the consumers have the option of comparing the different brands available at the store physically and choose the right luggage bag for their requirement and comfort. However, the growing popularity of e-commerce websites among millennials is likely to drive significant growth in the online distribution channel segment over the coming years.

Bangladesh Luggage market report comprehensively covers the market by type, distribution channel, and region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

  • Bangladesh Luggage Market Overview
  • Bangladesh Luggage Market Outlook
  • Bangladesh Luggage Market Forecast
  • Historical Data and Forecast of Bangladesh Luggage Market Revenues for the Period 2017-2027F
  • Historical Data and Forecast of Revenues, By Types, for the Period 2017-2027F
  • Historical Data and Forecast of Revenues, By Distribution Channel, for the Period 2017-2027F
  • Historical Data and Forecast of Revenues, By Regions, for the Period 2017-2027F
  • Market Drivers
  • Market Restraints
  • Bangladesh Luggage Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Bangladesh Luggage Market Share/Ranking, By Companies
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered:

The report provides a detailed analysis of the following market segments:

  • By Types
    • Travel
    • Casual
    • Business
    • Sports
    • Others
  • By Distribution Channel
    • Supermarkets/Hypermarkets
    • Speciality Stores
    • Online
    • Others
  • By Regions
    • Northern Bangladesh
    • Central Bangladesh
    • Southern Bangladesh
    • Eastern Bangladesh

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights of the Report

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Bangladesh Luggage Market Overview

3.1 Bangladesh Luggage Market Revenues, 2017-2027F

3.2 Bangladesh Luggage Market Industry Life Cycle

3.3 Bangladesh Luggage Market Ecosystem

3.4 Bangladesh Luggage Market Porter’s Five Forces

4. Impact Analysis of Covid-19 on Bangladesh Luggage Market

5. Bangladesh Luggage Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

6. Bangladesh Luggage Market Trends

7. Bangladesh Luggage Market Overview, By Types

7.1 Bangladesh Luggage Revenue Share, By Types, 2020 & 2027F

7.2 Bangladesh Luggage Revenues, By Types, 2017-2027F

7.2.1 Bangladesh Travel Luggage Market Revenues, 2017-2027F

7.2.2 Bangladesh Casual Luggage Market Revenues, 2017-2027F

7.2.3 Bangladesh Business Luggage Market Revenues, 2017-2027F

7.2.4 Bangladesh Sports Luggage Market Revenues, 2017-2027F

7.2.5 Bangladesh Other Luggage Market Revenues, 2017-2027F

8. Bangladesh Luggage Market Overview, By Distribution Channel

8.1 Bangladesh Luggage Market Revenue Share, By Distribution Channel, 2020 & 2027F

8.2 Bangladesh Luggage Market Revenues, By Distribution Channel, 2017-2027F

8.2.1 Bangladesh Luggage Revenues, By Online Distribution Channel, 2017-2027F

8.2.2 Bangladesh Luggage Revenues, By Supermarket/Hypermarket, 2017-2027F

8.2.3 Bangladesh Luggage Revenues, By Specialty Stores, 2017-2027F

8.2.4 Bangladesh Luggage Revenues, By Other Distribution Channel, 2017-2027F

9. Bangladesh Luggage Market Overview, By Regions

9.1 Bangladesh Luggage Market Revenue Share, By Regions, 2020 & 2027F

9.2 Bangladesh Luggage Market Revenues, By Regions, 2017-2027F

9.2.1 Bangladesh Luggage Market Revenues, By Northern Region, 2017-2027F

9.2.2 Bangladesh Luggage Market Revenues, By Southern Region, 2017-2027F

9.2.3 Bangladesh Luggage Market Revenues, By Central Region, 2017-2027F

9.2.4 Bangladesh Luggage Market Revenues, By Eastern Region, 2017-2027F

10. Bangladesh Luggage Market – Exports and Imports Statistics

10.1 Bangladesh Luggage Market – Export Statistics

10.2 Bangladesh Luggage Market – Import Statistics

11. Bangladesh Luggage Market Key Performance Indicators

12. Bangladesh Luggage Market Opportunity Assessment

12.1 Bangladesh Luggage Market Opportunity Assessment, By Types, 2027F

12.2 Bangladesh Luggage Market Opportunity Assessment, By Distribution Channel, 2027F

12.3 Bangladesh Luggage Market Opportunity Assessment, By Regions, 2027F

13. Bangladesh Luggage Market Competitive Landscape

13.1 Bangladesh Luggage Market Revenue Rankings, By Companies, 2020

13.2 Bangladesh Luggage Market Competitive Benchmarking

13.2.1 Bangladesh Luggage Market Competitive Benchmarking, By Technical Parameters

13.2.2 Bangladesh Luggage Market Competitive Benchmarking, By Operating Parameters

14. Company Profiles

14.1 President Luggage

14.2 Samsonite International

14.3 VIP Industries Ltd.

14.4 Max Bags

14.5 Kings Bag & Luggage Industries Pvt. Ltd.

14.6 Rider Bags and Luggage Factory Pvt. Ltd.

14.7 Bata Shoe Organization

14.8 Cat Bags

15. Key Strategic Recommendations

16. Disclaimer

List of Figures

1. Bangladesh Luggage Market Revenues, 2017-2027F ($ Million)

2. Secondary School Enrollment, Percentage of Eligible Students, 2010-2019

3. School-age population by education level, 2020

4. Number of Air Passengers in Bangladesh, 2010-2019

5. Urban population (percentage of total population), 2010-2019

6. Bangladesh Luggage Market Revenue Share, By Types, 2020 & 2027F

7. Bangladesh Luggage Market Revenue Share, By Distribution Channel, 2020 & 2027F

8. Bangladesh Luggage Market Revenue Share, By Regions, 2020 & 2027F

9. Bangladesh - Gross Domestic Product Per Capita in Current Prices, US Dollars, 2009-2020

10. Bangladesh - Total population, Million persons, 2009-2020

11. Bangladesh - Domestic travel and tourism spending, Billion US dollars, 2008-2019

12. Leisure Spending vs Business Spending, Travel and Tourism sector, 2019

13. Bangladesh – Gross Enrollment Ratio Tertiary Education, 2011-2019

14. Bangladesh – Gross Enrollment Ratio Secondary Education, 2011-2019

15. Bangladesh Luggage Market Opportunity Assessment, By Types, 2027F

16. Bangladesh Luggage Market Opportunity Assessment, By Distribution Channel, 2027F

17. Bangladesh Luggage Market Opportunity Assessment, By Regions, 2027F

18. Bangladesh Luggage Market Revenue Rankings, By Companies, 2020

List of Tables

1. Bangladesh Luggage Market Revenues, By Types, 2017-2027F ($ Million)

2. Bangladesh Luggage Market Revenues, By Distribution Channel, 2017-2027F ($ Million)

3. Bangladesh Luggage Market Revenues, By Regions, 2017-2027F ($ Million)

4. Bangladesh Luggage Market Exports, 2016-2019F ($ Thousand)

5. Bangladesh Luggage Market Exports, July 2020-March 2021 ($), By Countries

6. Bangladesh Luggage Market Imports, 2016-2019F ($ Thousand)

Bangladesh Luggage Market

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