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:
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:
6. By Sales Channel of Bags and Luggage:
7. By Retail Format of Bags and Luggage:
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 report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Bags & Luggage Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Saudi Arabia Bags & Luggage Manufacturing Base Distribution, Sales Area, Product Type
6.2 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 Handbags
7.2 Backpacks
7.3 Business Bags
7.4 Wallet
7.5 Crossbody Bags
7.6 Duffel Bags
7.7 Briefcases
7.8 Others
8. Saudi Arabia Bags & Luggage Market, By Type of Luggage, 2019-2032 (USD Million)
8.1 Hard Case
8.2 Soft Case
9. Saudi Arabia Bags & Luggage Market, By Hard Case Luggage Capacity, 2019-2032 (USD Million)
9.1 30-50 L
9.2 50-90L
9.3 >90L
9.4 Rolling Totes
9.5 Others
10. Saudi Arabia Bags & Luggage Market, By Soft Case Luggage Capacity, 2019-2032 (USD Million)
10.1 30-50 L
10.2 50-90L
10.3 >90L
10.4 Garment Bags
10.5 Rolling Totes
10.6 Others
11. Saudi Arabia Bags & Luggage Market, By Price Range of Bags and Luggage, 2019-2032 (USD Million)
11.1 Premium
11.2 Economy
11.3 Luxury
12. Saudi Arabia Bags & Luggage Market, By Sales Channel of Bags and Luggage, 2019-2032 (USD Million)
12.1 Offline
12.2 Online
13. Saudi Arabia Bags & Luggage Market, By Retail Format of Bags and Luggage, 2019-2032 (USD Million)
13.1 EBOs
13.2 MBOs
13.3 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 Riyadh
14.4 Jeddah
14.5 Dammam
14.6 Al khobar
14.7 Mecca and Medina
14.8 Others
15. Company Profiles
15.1 Adidas
15.1.1 Company details
15.1.2 Financial outlook
15.1.3 Product summary
15.1.4 Recent developments
15.2 Aldo Group
15.2.1 Company details
15.2.2 Financial outlook
15.2.3 Product summary
15.2.4 Recent developments
15.3 Burberry
15.3.1 Company details
15.3.2 Financial outlook
15.3.3 Product summary
15.3.4 Recent developments
15.4 Capri Holding
15.4.1 Company details
15.4.2 Financial outlook
15.4.3 Product summary
15.4.4 Recent developments
15.5 Christian Dior
15.5.1 Company details
15.5.2 Financial outlook
15.5.3 Product summary
15.5.4 Recent developments
15.6 Delsey
15.6.1 Company details
15.6.2 Financial outlook
15.6.3 Product summary
15.6.4 Recent developments
15.7 Kering
15.7.1 Company details
15.7.2 Financial outlook
15.7.3 Product summary
15.7.4 Recent developments
15.8 LVMH
15.8.1 Company details
15.8.2 Financial outlook
15.8.3 Product summary
15.8.4 Recent developments
15.9 Nike
15.9.1 Company details
15.9.2 Financial outlook
15.9.3 Product summary
15.9.4 Recent developments
15.10 Prada
15.10.1 Company details
15.10.2 Financial outlook
15.10.3 Product summary
15.10.4 Recent developments
15.11 Samsonite Group
15.11.1 Company details
15.11.2 Financial outlook
15.11.3 Product summary
15.11.4 Recent developments
15.12 Tommy
15.12.1 Company details
15.12.2 Financial outlook
15.12.3 Product summary
15.12.4 Recent developments
15.13 TUMI
15.13.1 Company details
15.13.2 Financial outlook
15.13.3 Product summary
15.13.4 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.
