Product Code: ETC005028 | 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 Travel Bags market currently, in 2023, has witnessed an HHI of 7733, Which has decreased moderately as compared to the HHI of 8049 in 2017. The market is moving towards Highly 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 Travel Bags Market is estimated to grow at an impressive CAGR of 7.8% during theperiod 2020-2026. The marketcan be attributed to rising disposable income increasing tourism activities and a growing population base in the region. Moreover increased investment in infrastructure development has also contributed significantly towards driving demand for travel bags across the country. On account of their affordability and convenience features nylon bags have seen strong acceptance among travelers in Indonesia over other types of materials such as leather or polyester fabrics.
Increasing disposable incomes coupled with expanding middle class population are major factors driving demand for travel luggage across Indonesia. Furthermore expansion of domestic air connectivity along with government initiatives such as Visit Indonesia Year 2020 (VIY2020) are expected to further boost prospects forwithin thissegment in future years. Additionally rising number of international tourists visiting the country is likely to stimulate sales volumefrom premium quality products such as designer labels and luxury brands during 2021-2026 timeframe.
However there are certain challenges associated with marketing strategies adopted by key players which may impede marketpotentials going forward; these include limited reachability through online distribution channels due to lack of internet access among rural demographics and absence/limited presence on ecommerce platforms domestically abroad where customers prefer one-stop shopping experiences when it comes to purchasing travel accessories like backpacks or suitcases etcetera on discounted rates offers available round the year coupled with lucrative loyalty rewards programs offered by leading vendors across globe will remain major concerns ahead.. Additionally availability counterfeit goods at low prices might also pose a serious threat towards achieving desired objectives set out by keyparticipants during assessment period under consideration herewith mentioned hereinabove respectively.
The prominent players operating within Indonesia Travel Bags Market identified include American Tourister (Delsey) VIP Industries Ltd. Samsonite International SA. Antler Group Pty Ltd. VF Corporation Inc. BriggsRiley Luggage Inc. Tumi Holdings Incorporated amongst various others globally recognized providers vying for leadership position throughout regional landscape competitively.
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 Travel Bags Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Travel Bags Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Travel Bags Market - Industry Life Cycle |
3.4 Indonesia Travel Bags Market - Porter's Five Forces |
3.5 Indonesia Travel Bags Market Revenues & Volume Share, By Material Types, 2020 & 2030F |
3.6 Indonesia Travel Bags Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.7 Indonesia Travel Bags Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
3.8 Indonesia Travel Bags Market Revenues & Volume Share, By Price Range, 2020 & 2030F |
4 Indonesia Travel Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Travel Bags Market Trends |
6 Indonesia Travel Bags Market, By Types |
6.1 Indonesia Travel Bags Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Travel Bags Market Revenues & Volume, By Material Types, 2020-2030F |
6.1.3 Indonesia Travel Bags Market Revenues & Volume, By Hard-Side, 2020-2030F |
6.1.4 Indonesia Travel Bags Market Revenues & Volume, By Soft-Side, 2020-2030F |
6.2 Indonesia Travel Bags Market, By Product Types |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Travel Bags Market Revenues & Volume, By Briefcases, 2020-2030F |
6.2.3 Indonesia Travel Bags Market Revenues & Volume, By Messenger Bag, 2020-2030F |
6.2.4 Indonesia Travel Bags Market Revenues & Volume, By Backpacks, 2020-2030F |
6.2.5 Indonesia Travel Bags Market Revenues & Volume, By Laptop Bag, 2020-2030F |
6.3 Indonesia Travel Bags Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Travel Bags Market Revenues & Volume, By Supermarkets, 2020-2030F |
6.3.3 Indonesia Travel Bags Market Revenues & Volume, By Specialty Stores, 2020-2030F |
6.3.4 Indonesia Travel Bags Market Revenues & Volume, By Factory Outlets, 2020-2030F |
6.3.5 Indonesia Travel Bags Market Revenues & Volume, By Online store, 2020-2030F |
6.3.6 Indonesia Travel Bags Market Revenues & Volume, By Others, 2020-2030F |
6.4 Indonesia Travel Bags Market, By Price Range |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Travel Bags Market Revenues & Volume, By Premium Range, 2020-2030F |
6.4.3 Indonesia Travel Bags Market Revenues & Volume, By Medium Range, 2020-2030F |
6.4.4 Indonesia Travel Bags Market Revenues & Volume, By Low Range, 2020-2030F |
7 Indonesia Travel Bags Market Import-Export Trade Statistics |
7.1 Indonesia Travel Bags Market Export to Major Countries |
7.2 Indonesia Travel Bags Market Imports from Major Countries |
8 Indonesia Travel Bags Market Key Performance Indicators |
9 Indonesia Travel Bags Market - Opportunity Assessment |
9.1 Indonesia Travel Bags Market Opportunity Assessment, By Material Types, 2020 & 2030F |
9.2 Indonesia Travel Bags Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.3 Indonesia Travel Bags Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
9.4 Indonesia Travel Bags Market Opportunity Assessment, By Price Range, 2020 & 2030F |
10 Indonesia Travel Bags Market - Competitive Landscape |
10.1 Indonesia Travel Bags Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Travel Bags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |