Product Code: ETC011694 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Myanmar Luggage Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at -0.35% in 2025, the market peaks at 9.83% in 2027, and settles at 3.26% by 2029.
Myanmar's Luggage market is anticipated to experience a growing growth rate of 9.83% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Myanmar luggage market is anticipated to witness an impressive CAGR during the forecast period (2020-2026). The growth of the industry can be credited to increasing disposable income and rapid urbanization in the country. Additionally, rising tourism activities have propelled demand for luggage bags in recent years. Moreover, manufacturers are constantly introducing improved products with innovative features such as light weight materials and attractive designs which are driving domestic sales. Furthermore, growing eCommerce platforms across the region has opened up new avenues for vendors to reach out their target audience more effectively further propelling market growth.
However, presence of a large unorganized sector coupled with low product differentiation among brands may hamper market expansion over the forthcoming years. Nevertheless, companies are investing heavily in R&D activities especially focusing on developing cost effective yet durable products which could fuel segment growth through 2026.
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 Myanmar Luggage Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Luggage Market Revenues & Volume, 2019 & 2026F |
3.3 Myanmar Luggage Market - Industry Life Cycle |
3.4 Myanmar Luggage Market - Porter's Five Forces |
3.5 Myanmar Luggage Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Myanmar Luggage Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Myanmar Luggage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Luggage Market Trends |
6 Myanmar Luggage Market, By Types |
6.1 Myanmar Luggage Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Luggage Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Myanmar Luggage Market Revenues & Volume, By Travel Luggage, 2016 - 2026F |
6.1.4 Myanmar Luggage Market Revenues & Volume, By Casual Luggage, 2016 - 2026F |
6.1.5 Myanmar Luggage Market Revenues & Volume, By Business Luggage, 2016 - 2026F |
6.1.6 Myanmar Luggage Market Revenues & Volume, By Sports Luggage, 2016 - 2026F |
6.1.7 Myanmar Luggage Market Revenues & Volume, By Other Product Types, 2016 - 2026F |
6.2 Myanmar Luggage Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Luggage Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Myanmar Luggage Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Myanmar Luggage Market Import-Export Trade Statistics |
7.1 Myanmar Luggage Market Export to Major Countries |
7.2 Myanmar Luggage Market Imports from Major Countries |
8 Myanmar Luggage Market Key Performance Indicators |
9 Myanmar Luggage Market - Opportunity Assessment |
9.1 Myanmar Luggage Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Myanmar Luggage Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Myanmar Luggage Market - Competitive Landscape |
10.1 Myanmar Luggage Market Revenue Share, By Companies, 2019 |
10.2 Myanmar Luggage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |