Global Travel Bags Market Size & Growth Analysis Report, 2022-2028.

The global travel bag market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Surging trends for international and domestic travel coupled with growth in the tourism industry are anticipated to drive the growth of the global travel bags market. According to International Civil Aviation Organization (ICAO), the total number of passengers carried on scheduled services rose to 4.5 billion in 2019, which is 3.6% higher than in 2018, while the number of departures reached 38.3 million in 2019. The low-cost carriers carried an estimate of 1.4 billion passengers in 2019, which was approximately 31% of the global total scheduled passengers. Further, according to the data published by the Bureau of Transportation Statistics in 2022, U.S airlines carried 674 million passengers in 2021, which is 82.5% more than in 2021.

According to the data published by United Nations World Tourism Organization (UNWTO) in 2020, 1.5 billion international tourist arrivals were recorded in 2019. Further, Asia Pacific had shown above-average growth for both domestic and international arrivals. For instance, as per the Ministry of Tourism, India had witnessed more than 10.93 million tourist arrivals in 2019. Further, domestic tourist visits had crossed 2321.98 million, while foreign tourists’ visits have crossed 31.4 million in 2019. Moreover, Europe welcomed more than 743 million international tourists in 2019. Thus, the increasing number of tourists is anticipated to support the demand for the global travel bag market.

The growing medical tourism industry is one of the key factors driving the global travel bag market. According to the data published by the Ministry of Tourism, India has approximately 18.0% of the global medical tourism market. India is considered one of Asia’s medical tourism destinations owing to several advantages which include medical professionals, medical infrastructure, cost competitiveness, and others. According to a FICCI report, nearly 500,000 foreign patients visit annually for treatment in India. For instance, Chennai attracts about 45.0% of health tourists from abroad and 40.0% of domestic health tourists owing to its standard health care facilities.

Competitive Landscape- 

VIP Industries, Rimowa GmbH, and Samsonite International S.A among others

By Material Type

• Hard side
• Soft Side

By Luggage Type

• Duffle
• Trolley
• Backpacks

By Distribution Channel

• Supermarkets & Hypermarkets
• Factory Outlets
• Online stores
• Others

 

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Scope of the Report
The research study analyzes the Global Hair Dye industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global Hair Dye Market Report
1. What was the Global Hair Dye Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Global Hair Dye Market during the forecast period (2022-2028)?
   3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
   4. Which manufacturer/vendor/players in the Global Hair Dye Market was the market leader in 2021?
   5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the Global Hair Dye market.
• The market share of the Global Hair Dye market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Global Hair Dye market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Hair Dye market.