Saudi Arabia Bags and Luggage Market Growth, Size, Share, Revenue Challenges and Future Outlook
Saudi Arabia Bags and Luggage Market Size- By Type of Bags, By Type of Luggage, By Hard Case Luggage Capacity, By Soft Case Luggage Capacity, By Price Range of Bags and Luggage, By Sales Channel of Bags and Luggage, By Retail Format of Bags and Luggage- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: FMCG2333 | Pages: 1 - 103 | Formats*: |
| Category : Consumer & Retail | |||
Saudi Arabia Bags & Luggage Market Overview
According to SPER Market Research, the Saudi Arabia Bags & Luggage Market is estimated to reach USD XX billion by 2032 with a CAGR of 10.23%.
The market for bags and luggage in Saudi Arabia refers to the sector of the country's economy that manufactures and distributes various kinds of bags and luggage items. This market includes a wide range of goods, including handbags, travel bags, backpacks, briefcases, suitcases, and other associated accessories. The expanding tourism sector, consumers' rising disposable income, and the rising trend of online shopping are just a few of the variables that are driving the Saudi Arabian bags & luggage market. This sector has expanded tremendously as a result of the Saudi Arabian government's initiatives to boost tourism in the nation. There are several firms operating in Saudi Arabia's very competitive bags and baggage sector. Brands from both homegrown and beyond, such as Samsonite, Tumi, Louis Vuitton, and Prada, are among these participants. Due to their high-quality goods, wide distribution networks, and established brands, many of these companies have developed a significant presence in the Saudi Arabian market. In summary, the Saudi Arabian bags and luggage market is a vibrant, expanding sector that provides a diverse selection of goods to satisfy a variety of customer needs. Future market growth is anticipated to be fuelled by factors including rising disposable incomes, the popularity of online shopping, and the expansion of the tourism sector.
Impact of COVID-19 on the Saudi Arabia Bags & Luggage Market
The market for bags and luggage in Saudi Arabia has been significantly impacted by the COVID-19 outbreak. Due to border closures and a fall in international travel, there is less of a market for travel-related bags and luggage. Since many people experienced financial troubles as a result of job losses and wage cuts, the epidemic has also led to a decline in consumer expenditure. The market has begun to rebound, though, as restrictions have been loosened and domestic travel has gradually resumed. Customers are now choosing bags and baggage items like duffel bags and backpacks that are appropriate for short trips. Due to consumers' reluctance to visit physical businesses because to the risk of contracting an infection, the pandemic has also hastened the trend towards internet purchasing. As they can now provide clients with virtual showrooms and online consultations, many firms have made significant investments in their online presence. The COVID-19 pandemic has, in the end, had a conflicting effect on the Saudi Arabian bag and baggage sector. Although domestic tourism is expanding and online purchasing is becoming more popular, the market still has potential to rebound and expand in the future despite the reduction in foreign travel.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type of Bags, By Type of Luggage, By Hard Case Luggage Capacity, By Soft Case Luggage Capacity, By Price Range of Bags and Luggage, By Sales Channel of Bags and Luggage, By Retail Format of Bags and Luggage. |
| Regions covered | Riyadh, Jeddah, Dammam, Al khobar, Mecca and Medina, Others. |
| Companies Covered | Adidas, Aldo Group, Burberry, Capri Holding, Christian Dior, Delsey, Kering, LVMH, Nike, Prada, Samsonite Group, Tommy, TUMI. |
Key Target Audience:
- Luggage Manufacturers
- Bags Manufacturer
- Retailers and Distributors
Saudi Arabia Bags & Luggage Market Segmentation:
1. By Type of Bags:
- Handbags
- Backpacks
- Business Bags
- Wallet
- Crossbody Bags
- Duffel Bags
- Briefcases
2. By Type of Luggage:
- Hard Case
- Soft Case
3. By Hard Case Luggage Capacity:
- 30-50 L
- 50-90L
- >90L
- Rolling Totes
4. By Soft Case Luggage Capacity:
- 30-50 L
- 50-90L
- >90L
- Garment Bags
- Rolling Totes
5. By Price Range of Bags and Luggage:
- Premium
- Economy
- Luxury
6. By Sales Channel of Bags and Luggage:
- Offline
- Online
7. By Retail Format of Bags and Luggage:
- EBOs
- MBOs
- Local Retailers
8. By Region:
- Riyadh
- Jeddah
- Dammam
- Al khobar
- Mecca and Medina
Key Topics Covered in the Report:
- Saudi Arabia Bags & Luggage Market Size (FY’2019-FY’2032)
- Overview of Saudi Arabia Bags & Luggage Market
- Segmentation of Saudi Arabia Bags & Luggage Market By Type of Bags (Handbags, Backpacks, Business Bags, Wallet, Crossbody Bags, Duffel Bags, Briefcases, Others)
- Segmentation of Saudi Arabia Bags & Luggage Market By Type of Luggage (Hard Case, Soft Case)
- Segmentation of Saudi Arabia Bags & Luggage Market By Hard Case Luggage Capacity (30-50 L, 50-90L, >90L, Rolling Totes, Others)
- Segmentation of Saudi Arabia Bags & Luggage Market By Soft Case Luggage Capacity (30-50 L, 50-90L, >90L, Garment Bags, Rolling Totes, Others)
- Segmentation of Saudi Arabia Bags & Luggage Market By Price Range of Bags and Luggage (Premium, Economy, Luxury)
- Segmentation of Saudi Arabia Bags & Luggage Market By Sales Channel of Bags and Luggage (Offline, Online)
- Segmentation of Saudi Arabia Bags & Luggage Market By Retail Format of Bags and Luggage (EBOs, MBOs, Local Retailers)
- Statistical Snap of Saudi Arabia Bags & Luggage Market
- Growth Analysis of Saudi Arabia Bags & Luggage Market
- Problems and Challenges in Saudi Arabia Bags & Luggage Market
- Competitive Landscape in the Saudi Arabia Bags & Luggage Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Bags & Luggage Market
- Details on Recent Investment in Saudi Arabia Bags & Luggage Market
- Competitive Analysis of Saudi Arabia Bags & Luggage Market
- Key Players in the Saudi Arabia Bags & Luggage Market
- SWOT Analysis of Saudi Arabia Bags & Luggage Market
- Saudi Arabia Bags & Luggage Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Saudi Arabia Bags & Luggage Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Saudi Arabia Bags & Luggage Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Bags & Luggage Market
7. Saudi Arabia Bags & Luggage Market, By Type of Bags, 2019-2032 (USD Million)
7.1 Handbags7.2 Backpacks7.3 Business Bags7.4 Wallet7.5 Crossbody Bags7.6 Duffel Bags7.7 Briefcases7.8 Others
8. Saudi Arabia Bags & Luggage Market, By Type of Luggage, 2019-2032 (USD Million)
8.1 Hard Case8.2 Soft Case
9. Saudi Arabia Bags & Luggage Market, By Hard Case Luggage Capacity, 2019-2032 (USD Million)
9.1 30-50 L9.2 50-90L9.3 >90L9.4 Rolling Totes9.5 Others
10. Saudi Arabia Bags & Luggage Market, By Soft Case Luggage Capacity, 2019-2032 (USD Million)
10.1 30-50 L10.2 50-90L10.3 >90L10.4 Garment Bags10.5 Rolling Totes10.6 Others
11. Saudi Arabia Bags & Luggage Market, By Price Range of Bags and Luggage, 2019-2032 (USD Million)
11.1 Premium11.2 Economy11.3 Luxury
12. Saudi Arabia Bags & Luggage Market, By Sales Channel of Bags and Luggage, 2019-2032 (USD Million)
12.1 Offline12.2 Online
13. Saudi Arabia Bags & Luggage Market, By Retail Format of Bags and Luggage, 2019-2032 (USD Million)
13.1 EBOs13.2 MBOs13.3 Local Retailers
14. Saudi Arabia Bags & Luggage Market, By Region, 2019-2032 (USD Million)
14.1 Saudi Arabia Bags & Luggage Size and Market Share by Region (2019-2025)14.2 Saudi Arabia Bags & Luggage Size and Market Share by Region (2026-2032)14.3 Riyadh14.4 Jeddah14.5 Dammam14.6 Al khobar14.7 Mecca and Medina14.8 Others
15. Company Profiles
15.1 Adidas15.1.1 Company details15.1.2 Financial outlook15.1.3 Product summary15.1.4 Recent developments15.2 Aldo Group15.2.1 Company details15.2.2 Financial outlook15.2.3 Product summary15.2.4 Recent developments15.3 Burberry15.3.1 Company details15.3.2 Financial outlook15.3.3 Product summary15.3.4 Recent developments15.4 Capri Holding15.4.1 Company details15.4.2 Financial outlook15.4.3 Product summary15.4.4 Recent developments15.5 Christian Dior15.5.1 Company details15.5.2 Financial outlook15.5.3 Product summary15.5.4 Recent developments15.6 Delsey15.6.1 Company details15.6.2 Financial outlook15.6.3 Product summary15.6.4 Recent developments15.7 Kering15.7.1 Company details15.7.2 Financial outlook15.7.3 Product summary15.7.4 Recent developments15.8 LVMH15.8.1 Company details15.8.2 Financial outlook15.8.3 Product summary15.8.4 Recent developments15.9 Nike15.9.1 Company details15.9.2 Financial outlook15.9.3 Product summary15.9.4 Recent developments15.10 Prada15.10.1 Company details15.10.2 Financial outlook15.10.3 Product summary15.10.4 Recent developments15.11 Samsonite Group15.11.1 Company details15.11.2 Financial outlook15.11.3 Product summary15.11.4 Recent developments15.12 Tommy15.12.1 Company details15.12.2 Financial outlook15.12.3 Product summary15.12.4 Recent developments15.13 TUMI15.13.1 Company details15.13.2 Financial outlook15.13.3 Product summary15.13.4 Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
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Saudi Arabia Bags & Luggage Market is projected to reach USD XX billion by 2032, growing at a CAGR of 10.23% during the forecast period.
Saudi Arabia Bags & Luggage Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of 10.23% during the forecast period.
Saudi Arabia Bags & Luggage Market CAGR of 10.23% during the forecast period.
Saudi Arabia Bags & Luggage Market size is USD XX billion from 2022 to 2032.
Saudi Arabia Bags & Luggage Market Segment is Covered By Type of Bags, By Type of Luggage, By Hard Case Luggage Capacity, By Soft Case Luggage Capacity, By Price Range of Bags and Luggage, By Sales Channel of Bags and Luggage, By Retail Format of Bags and Luggage.
The Middle East region is anticipated to have the highest market share in Saudi Arabia Bags & Luggage Market.
The key players in the market include Companies Covered Adidas, Aldo Group, Burberry, Capri Holding, Christian Dior, Delsey, Kering, LVMH, Nike, Prada, Samsonite Group, Tommy, TUMI.
The demand for travel accessories like luggage and bags has increased as a result of this.
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