Vietnam Luggage Market (2024-2030) | Industry, Share, Value, Companies, Revenue, Size, Forecast, Analysis, Trends, Outlook & Growth

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: ETC011690 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

Vietnam Luggage Market Competition 2023


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


Vietnam Luggage Market Overview

The Vietnam Luggage market reflects the dynamic nature of the travel and fashion industries. With a growing middle-class population and increased travel activities, the demand for luggage products has risen substantially. The market encompasses a wide range of products, including suitcases, backpacks, travel bags, and accessories. Key factors driving market growth include rising disposable incomes, changing consumer lifestyles, and a burgeoning tourism industry. Additionally, the market is influenced by fashion trends, with consumers seeking both functionality and stylish designs in their luggage choices.

Drivers of the Market

The luggage market in Vietnam is witnessing growth driven by a combination of factors. The rise in disposable income has led to increased travel and tourism, spurring demand for luggage and travel accessories. Furthermore, e-commerce platforms have made it easier for consumers to access a variety of luggage options, promoting sales. The growing trend of fashion-conscious travelers seeking stylish and durable luggage contributes to the market`s expansion.

Challenges of the Market

The Vietnam Luggage Market encounters several challenges in the given timeframe. One notable challenge is the economic impact of events like the COVID-19 pandemic, which has disrupted travel and tourism. The decline in travel and tourism activities directly affects the demand for luggage products. Furthermore, the market faces stiff competition from low-cost and counterfeit products, impacting the sales of genuine luggage brands. The environmental concerns associated with the production and disposal of luggage, such as single-use plastics, also pose sustainability challenges that the market needs to address.

COVID 19 Impact on the Market

The Vietnam Luggage Market encountered disruptions due to the COVID-19 pandemic, particularly with travel restrictions impacting tourism and business-related travel. The decline in travel activities resulted in a temporary decrease in the demand for luggage and travel accessories. However, as restrictions ease and travel resumes, the market is poised for recovery. Consumer preferences are expected to shift towards durable and innovative luggage solutions, including smart luggage with advanced features. The market`s rebound will be influenced by the revival of tourism and business travel, coupled with an increased focus on functionality and style in luggage designs.

Key Players in the Market

The Vietnam luggage market was characterized by the presence of renowned brands like Samsonite, Rimowa, American Tourister, and Delsey. These companies offered a wide variety of luggage options, from durable travel bags to stylish luggage collections.

Key Highlights of the Report:

  • Vietnam Luggage Market Outlook
  • Market Size of Vietnam Luggage Market, 2023
  • Forecast of Vietnam Luggage Market, 2030
  • Historical Data and Forecast of Vietnam Luggage Revenues & Volume for the Period 2020-2030
  • Vietnam Luggage Market Trend Evolution
  • Vietnam Luggage Market Drivers and Challenges
  • Vietnam Luggage Price Trends
  • Vietnam Luggage Porter's Five Forces
  • Vietnam Luggage Industry Life Cycle
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Product Type for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Travel Luggage for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Casual Luggage for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Business Luggage for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Sports Luggage for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Other Product Types for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Online for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Luggage Market Revenues & Volume By Offline for the Period 2020-2030
  • Vietnam Luggage Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution Channel
  • Vietnam Luggage Top Companies Market Share
  • Vietnam Luggage Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Luggage Company Profiles
  • Vietnam 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 Vietnam Luggage Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Luggage Market Revenues & Volume, 2020 & 2030F

3.3 Vietnam Luggage Market - Industry Life Cycle

3.4 Vietnam Luggage Market - Porter's Five Forces

3.5 Vietnam Luggage Market Revenues & Volume Share, By Product Type, 2020 & 2030F

3.6 Vietnam Luggage Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

4 Vietnam Luggage Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Luggage Market Trends

6 Vietnam Luggage Market, By Types

6.1 Vietnam Luggage Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Luggage Market Revenues & Volume, By Product Type, 2020-2030F

6.1.3 Vietnam Luggage Market Revenues & Volume, By Travel Luggage, 2020-2030F

6.1.4 Vietnam Luggage Market Revenues & Volume, By Casual Luggage, 2020-2030F

6.1.5 Vietnam Luggage Market Revenues & Volume, By Business Luggage, 2020-2030F

6.1.6 Vietnam Luggage Market Revenues & Volume, By Sports Luggage, 2020-2030F

6.1.7 Vietnam Luggage Market Revenues & Volume, By Other Product Types, 2020-2030F

6.2 Vietnam Luggage Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Vietnam Luggage Market Revenues & Volume, By Online, 2020-2030F

6.2.3 Vietnam Luggage Market Revenues & Volume, By Offline, 2020-2030F

7 Vietnam Luggage Market Import-Export Trade Statistics

7.1 Vietnam Luggage Market Export to Major Countries

7.2 Vietnam Luggage Market Imports from Major Countries

8 Vietnam Luggage Market Key Performance Indicators

9 Vietnam Luggage Market - Opportunity Assessment

9.1 Vietnam Luggage Market Opportunity Assessment, By Product Type, 2020 & 2030F

9.2 Vietnam Luggage Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

10 Vietnam Luggage Market - Competitive Landscape

10.1 Vietnam Luggage Market Revenue Share, By Companies, 2023

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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