Product Code: ETC011748 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Sports Luggage market currently, in 2023, has witnessed an HHI of 3803, Which has decreased moderately as compared to the HHI of 6220 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Indonesia sports luggage market is expected to grow at a moderate CAGR of 6.3% during theperiod 2020-2026. Factors such as rising disposable incomes increasing demand for comfort and convenience travel growing preference for lightweight suitcases expanding middle class population and rising air passenger traffic are driving theof Indonesia`s sport luggage market. There has also been an increase in the number of foreign travellers visiting Indonesia due to its affordable prices which further drive the demand for better quality baggage products.
1) Increase in Number of Foreign Tourists: With an ever-growing influx of tourists from around the world there is a need for more efficient transportation solutions that are comfortable and convenient while traveling with heavy luggage. The presence of many popular tourist destinations across Indonesia makes it necessary to have reliable sports luggages that can fit all types of needs when travelling abroad or within country borders by plane or train. This factor will significantly spur therate within this sector in coming years. 2) Availability Of Affordable Luxury Brands: The emergence of luxury brands offering affordable yet stylish options has made them increasingly attractive among domestic consumers in terms of style and design preferences compared to traditional bags manufactured locally by local artisans or cottageplayers who lack resources to compete with international vendors on price points as well as product features such as warranty periods etc. thereby leading to higher acceptance among budget conscious consumers looking for -added offers at competitive rates ranging from mid-range offerings up till high end segment products readily available off shelves these days providing multiple choices for customers according to their own varied tastes requirements when it comes selecting ideal sports luggage suits meeting their individualistic desires application criteria best suited towards fulfilling their specific objectives optimally
1) Rising Competition From Local Players Unorganized Sector : The presence of numerous local players offering cost effective alternatives coupled with unorganized sector catering towards lower priced range has posed considerable challenge within this space leading towards reduced profits margins along with resulting uncertainty amongst manufacturers regarding long term viability if they fail achieve sustainable competitive edge over rivals through timely innovation adaptation strategies so as maintain marketaccordingly considering stiff competition levels being observed currently across various segments present here thus making situation even tougher than before where consumer loyalty remains major issue requiring attention through implementation robust marketing campaigns intended towards establishing brand recognition crucial task ahead prior launching new models into already crowded sea filled other international competitors vying same customer base becoming increasingly difficult.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Sports Luggage Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Sports Luggage Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Sports Luggage Market - Industry Life Cycle |
3.4 Indonesia Sports Luggage Market - Porter's Five Forces |
3.5 Indonesia Sports Luggage Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Indonesia Sports Luggage Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.7 Indonesia Sports Luggage Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Indonesia Sports Luggage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Sports Luggage Market Trends |
6 Indonesia Sports Luggage Market, By Types |
6.1 Indonesia Sports Luggage Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Sports Luggage Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Indonesia Sports Luggage Market Revenues & Volume, By Golf, 2020-2030F |
6.1.4 Indonesia Sports Luggage Market Revenues & Volume, By Ball Sports, 2020-2030F |
6.1.5 Indonesia Sports Luggage Market Revenues & Volume, By Racket Sports, 2020-2030F |
6.1.6 Indonesia Sports Luggage Market Revenues & Volume, By Hockey, 2020-2030F |
6.1.7 Indonesia Sports Luggage Market Revenues & Volume, By Cricket, 2020-2030F |
6.1.8 Indonesia Sports Luggage Market Revenues & Volume, By Others, 2020-2030F |
6.2 Indonesia Sports Luggage Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Sports Luggage Market Revenues & Volume, By Professional Users, 2020-2030F |
6.2.3 Indonesia Sports Luggage Market Revenues & Volume, By Recreational Users, 2020-2030F |
6.3 Indonesia Sports Luggage Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Sports Luggage Market Revenues & Volume, By Online, 2020-2030F |
6.3.3 Indonesia Sports Luggage Market Revenues & Volume, By Offline, 2020-2030F |
7 Indonesia Sports Luggage Market Import-Export Trade Statistics |
7.1 Indonesia Sports Luggage Market Export to Major Countries |
7.2 Indonesia Sports Luggage Market Imports from Major Countries |
8 Indonesia Sports Luggage Market Key Performance Indicators |
9 Indonesia Sports Luggage Market - Opportunity Assessment |
9.1 Indonesia Sports Luggage Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Indonesia Sports Luggage Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.3 Indonesia Sports Luggage Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Indonesia Sports Luggage Market - Competitive Landscape |
10.1 Indonesia Sports Luggage Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Sports Luggage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |