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

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: ETC011687 Publication Date: Jun 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Luggage Market Competition 2023


Singapore Export Potential Assessment For Luggage Market (USD Values in Thousand)


Singapore Luggage Market Synopsis

The Singapore luggage market was valued at USD 463.4 million in 2020 and is expected to reach USD 612.4 million by 2026, registering a CAGR of 5.2% during the forecast period (2020-2026). The key factors driving the growth of this market are increasing global air travel, growing tourism industry in the country, increased willingness from consumers for branded products, and expanding middle-class population. Moreover, changing lifestyles coupled with rising disposable income has further created a demand for premium quality luggage products. The advent of new technologies such as self-weighing suitcases and GPS tracking systems has also made these products more attractive among travelers who wish to have an easy journey experience.

However, due to COVID-19 pandemic there has been a decline in air travel which will affect sales of luggages adversely over short term but it is estimated that after revival of aviation industry the segment will witness steady growth owing to increased domestic travels within Singapore which are likely to take place once situation becomes normal again. Additionally introduction of smart connected bags along with government initiatives like Tourist Tax Refund Scheme introduced by Singapore Tourism Board are some other factors anticipated to drive growth across next few years.

Key Highlights of the Report:

  • Singapore Luggage Market Outlook
  • Market Size of Singapore Luggage Market, 2019
  • Forecast of Singapore Luggage Market, 2026
  • Historical Data and Forecast of Singapore Luggage Revenues & Volume for the Period 2016 - 2026
  • Singapore Luggage Market Trend Evolution
  • Singapore Luggage Market Drivers and Challenges
  • Singapore Luggage Price Trends
  • Singapore Luggage Porter's Five Forces
  • Singapore Luggage Industry Life Cycle
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Product Type for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Travel Luggage for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Casual Luggage for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Business Luggage for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Sports Luggage for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Other Product Types for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Online for the Period 2016 - 2026
  • Historical Data and Forecast of Singapore Luggage Market Revenues & Volume By Offline for the Period 2016 - 2026
  • Singapore Luggage Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution Channel
  • Singapore Luggage Top Companies Market Share
  • Singapore Luggage Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Luggage Company Profiles
  • Singapore Luggage Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Singapore Luggage Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Luggage Market Revenues & Volume, 2019 & 2026F

3.3 Singapore Luggage Market - Industry Life Cycle

3.4 Singapore Luggage Market - Porter's Five Forces

3.5 Singapore Luggage Market Revenues & Volume Share, By Product Type, 2019 & 2026F

3.6 Singapore Luggage Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F

4 Singapore Luggage Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Luggage Market Trends

6 Singapore Luggage Market, By Types

6.1 Singapore Luggage Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Singapore Luggage Market Revenues & Volume, By Product Type, 2016 - 2026F

6.1.3 Singapore Luggage Market Revenues & Volume, By Travel Luggage, 2016 - 2026F

6.1.4 Singapore Luggage Market Revenues & Volume, By Casual Luggage, 2016 - 2026F

6.1.5 Singapore Luggage Market Revenues & Volume, By Business Luggage, 2016 - 2026F

6.1.6 Singapore Luggage Market Revenues & Volume, By Sports Luggage, 2016 - 2026F

6.1.7 Singapore Luggage Market Revenues & Volume, By Other Product Types, 2016 - 2026F

6.2 Singapore Luggage Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Singapore Luggage Market Revenues & Volume, By Online, 2016 - 2026F

6.2.3 Singapore Luggage Market Revenues & Volume, By Offline, 2016 - 2026F

7 Singapore Luggage Market Import-Export Trade Statistics

7.1 Singapore Luggage Market Export to Major Countries

7.2 Singapore Luggage Market Imports from Major Countries

8 Singapore Luggage Market Key Performance Indicators

9 Singapore Luggage Market - Opportunity Assessment

9.1 Singapore Luggage Market Opportunity Assessment, By Product Type, 2019 & 2026F

9.2 Singapore Luggage Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F

10 Singapore Luggage Market - Competitive Landscape

10.1 Singapore Luggage Market Revenue Share, By Companies, 2019

10.2 Singapore Luggage Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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