The global Travel Accessories market accrued earnings worth approximately 12 (USD Billion) in 2019 and is predicted to gain revenue of about 17 (USD Billion) by 2026, is set to record a CAGR of nearly 4.5% over the period from 2020 to 2026.
The global Travel Accessories market accrued earnings worth approximately 12 (USD Billion) in 2019 and is predicted to gain revenue of about 17 (USD Billion) by 2026, is set to record a CAGR of nearly 4.5% over the period from 2020 to 2026. The report offers assessment and analysis of the Travel Accessories market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Introduction
Travel accessories are utilized during business travels. Customers make use of these products on both big business journeys and small trips as the former provides them comfort and ease during journey. These accessories include business cases, travel bags, food boxes, travel bags, toiletries, travel outfits, electronic accessories, travel pillows, personal leather items, blankets, and locks. Few of the travel items can also be used as per the seasons and this encompass luggage bags, backpacks, and sport bags.
Report Scope
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Market Growth Dynamics
Escalating per capita income in emerging economies and thriving tourism sector will embellish the growth of travel accessories industry over the forecast timespan. Burgeoning preference towards travelling & journeying among millennial population for maintaining physical vigor and increasing mental toughness will steer the market size. With surge in the female solo travels across myriad nations, the travel accessories industry is anticipated to gain traction over the upcoming years. In addition to this, increase in the customer spending on travel accessories across the emerging nations will prompt the business growth over the upcoming years. However, bulging prices of travel accessories with rise in the raw material costs along with fluctuations witnessed in the demand-supply map of the product can put brakes on travel accessories market in the upcoming years. Furthermore, rise in the international travel & tourism activities can create new growth avenues for travel accessories industry over the projected timeframe.
Asia Pacific To Record Highest CAGR Over the Assessment Period
The growth of the regional market over the assessment period can be ascribed to growing demand for travel items in Asian countries and massive surge in disposable income in countries such as India and China. With large-scale product penetration in Indonesia and Japan, the market in the sub-continent is anticipated to gain traction over the forthcoming years.
Key players profiled in the report include ACE Luggage Co. Ltd, MCM Worldwide, ExOfficio, TRAVEL-BlUE.COM, Magellan’s, TravelSmith Outfitters, United States Luggage Company LLC, The BEACH Company, and VF Corporation.
The global Travel Accessories Market is segmented as follows:
By Product
By Distribution Channel
By Region
List of Figures
1. Market research Type
2. Market research methodology
3. Global Travel Accessories Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Travel Accessories Marketattractiveness, By Product
6. Global Travel Accessories Marketattractiveness, By Distribution Channel
7. Global Travel Accessories Marketshare by Product ,2019 and 2026 (USD Billion)
8. Global Travel Accessories Marketby Travel Bags ,2016–2026(USD Billion)
9. Global Travel Accessories Marketby Electronic Accessories,2016–2026(USD Billion)
10. Global Travel Accessories Marketby Food Box,2016–2026(USD Billion)
11. Global Travel Accessories Marketby Locks,2016–2026(USD Billion)
12. Global Travel Accessories Marketby Travel Outfits,2016–2026(USD Billion)
13. Global Travel Accessories Marketby Travel Pillow & Blanket,2016–2026(USD Billion)
14. Global Travel Accessories Marketby Toiletries,2016–2026(USD Billion)
15. Global Travel Accessories Marketby Others,2016–2026(USD Billion)
16. Global Travel Accessories Market share by Distribution Channel ,2019 and 2026 (USD Billion)
17. Global Travel Accessories Market by Supermarkets/Hypermarkets,2016–2026(USD Billion)
18. Global Travel Accessories Market by Specialty Stores,2016–2026(USD Billion)
19. Global Travel Accessories Marketby Factory Outlets,2016–2026(USD Billion)
20. Global Travel Accessories Marketby Online Stores,2016–2026(USD Billion)
21. Global Travel Accessories Marketshare, by Region, 2019 and 2026
22. North America Travel Accessories Market, 2016–2026(USD Billion)
23. Europe Travel Accessories Market, 2016–2026(USD Billion)
24. Asia Pacific Travel Accessories Market, 2016–2026(USD Billion)
25. Latin America Travel Accessories Market, 2016–2026(USD Billion)
26. The Middle East and Africa Travel Accessories Market, 2016–2026(USD Billion)
List of Tables
1. Global Travel Accessories Market: snapshot
2. Drivers of the Travel Accessories Market: impact analysis
3. North America Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
4. North America Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
5. North America Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
6. The U.S. Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
7. The U.S. Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
8. The U.S. Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
9. Rest of North America Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
10. Rest of North America Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
11. Rest of North America Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
12. Europe Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
13. Europe Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
14. Europe Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
15. UK Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
16. UK Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
17. UK Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
18. France Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
19. France Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
20. France Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
21. Germany Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
22. Germany Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
23. Germany Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
24. Rest of Europe Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
25. Rest of Europe Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
26. Rest of Europe Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
27. Asia Pacific Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
28. Asia Pacific Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
29. Asia Pacific Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
30. China Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
31. China Travel Accessories Market revenue, By Distribution Channels ,2016–2026(USD Billion)
32. China Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
33. Japan Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
34. Japan Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
35. Japan Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
36. India Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
37. India Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
38. India Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
39. Rest of Asia Pacific Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
40. Rest of Asia Pacific Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
41. Rest of Asia Pacific Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
42. Latin America Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
43. Latin America Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
44. Latin America Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
45. Brazil Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
46. Brazil Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
47. Brazil Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
48. Rest of Latin America Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
49. Rest of Latin America Travel Accessories Market revenue, By Distribution Channel , 2016–2026(USD Billion)
50. Rest of Latin America Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
51. The Middle East and Africa Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
52. The Middle East and Africa Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
53. The Middle East and Africa Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
54. Saudi Arabia Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
55. Saudi Arabia Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
56. Saudi Arabia Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
57. South Africa Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
58. South Africa Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
59. South Africa Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
60. Rest of the Middle East & Africa Travel Accessories Market revenue, By Product , 2016–2026(USD Billion)
61. Rest of the Middle East & Africa Travel Accessories Market revenue, By Distribution Channel ,2016–2026(USD Billion)
62. Rest of the Middle East & Africa Travel Accessories Market revenue, By End Use ,2016–2026(USD Billion)
Request the coronavirus impact analysis across industries and markets
Escalating per capita income in emerging economies and thriving tourism sector will embellish the growth of travel accessories industry over the forecast timespan. Burgeoning preference towards travelling & journeying among millennial population for maintaining physical vigor and increasing mental toughness will steer the market size. With surge in the female solo travels across myriad nations, the travel accessories industry is anticipated to gain traction over the upcoming years. In addition to this, increase in the customer spending on travel accessories across the emerging nations will prompt the business growth over the upcoming years.
According to Zion market research report, the global Travel Accessories Market accrued earnings worth approximately 12 (USD Billion) in 2019 and is predicted to gain revenue of about 17(USD Billion) by 2026, is set to record a CAGR of nearly 4.5% over the period from 2020 to 2026.
Asia Pacific region will contribute lucratively towards the global market value over the estimated timeline. The growth of the regional market during the forecast timespan can be attributed to growing demand for travel items in Asian countries and massive surge in disposable income in countries such as India and China. With large-scale product penetration in Indonesia and Japan, the market in the sub-continent is anticipated to gain traction over the forthcoming years.
The key market participants include ACE Luggage Co. Ltd, MCM Worldwide, ExOfficio, TRAVEL-BlUE.COM, Magellan’s, TravelSmith Outfitters, United States Luggage Company LLC, The BEACH Company, and VF Corporation.
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