South Korea Sports Luggage Market (2020-2026) | Revenue, Trends, Size, Industry, Growth, Analysis, Forecast, Companies, Outlook, Value, COVID-19 IMPACT & Share

South Korea Sports Luggage Market Synopsis

The South Korea sports luggage market is expected to register a CAGR of 6.3% during the forecast period (2020-2026). Factors, such as increasing disposable income, rising trend of outdoor activities and growing demand for stylish luggage are driving the growth of the South Korea sports luggage market. The region has witnessed rapid urbanization in recent years and this has led to an increase in consumer spending on recreational activities, including leisure trips. This further fuels the demand for lightweight and durable sport luggages among consumers in South Korea. In addition, increasing awareness about health benefits associated with outdoor sporting activities provides ample opportunities for athletes across various age groups to purchase technologically advanced sports bags from leading brands like Nike, Reebok Adidas, Puma etc., which drives up the sales of sport luggages in South Korea. Moreover, manufacturers are focusing on launching new innovative products with increased storage space and modern features that cater to specific needs such as gym bags or travel backpacks with wheels.

However, availability of counterfeit products at low prices affects consumer preference towards branded bags adversely hampering growth prospects of original producers operating in this industry whereas high import duty charges hinder foreign players from entering into this emerging economy thereby restraining its overall progress over next few years.

Key Highlights of the Report:

• South Korea Sports Luggage Market Outlook
• Market Size of South Korea Sports Luggage Market, 2019
• Forecast of South Korea Sports Luggage Market, 2026
• Historical Data and Forecast of South Korea Sports Luggage Revenues & Volume for the Period 2016 - 2026
• South Korea Sports Luggage Market Trend Evolution
• South Korea Sports Luggage Market Drivers and Challenges
• South Korea Sports Luggage Price Trends
• South Korea Sports Luggage Porter's Five Forces
• South Korea Sports Luggage Industry Life Cycle
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Product Type for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Golf for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Ball Sports for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Racket Sports for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Hockey for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Cricket for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Professional Users for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Recreational Users for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Online for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Sports Luggage Market Revenues & Volume By Offline for the Period 2016 - 2026
• South Korea Sports Luggage Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By Distribution Channel
• South Korea Sports Luggage Top Companies Market Share
• South Korea Sports Luggage Competitive Benchmarking By Technical and Operational Parameters
• South Korea Sports Luggage Company Profiles
• South Korea Sports Luggage Key Strategic Recommendations

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