Bags and Luggage in Hong Kong, China

March 2024
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Overview:

Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Bags and Luggage industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Bags and Luggage in Hong Kong, China report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Bags and Luggage in Hong Kong, China?
  • Which are the leading brands in Bags and Luggage in Hong Kong, China?
  • How significant is tourism in determining sales and demand for Bags and Luggage in Hong Kong, China?
  • How are COVID-19 and global recession impacting demand for Bags and Luggage in Hong Kong, China?
  • In the wake of COVID-19, how soon can Bags and Luggage be expected to recover? Where are the opportunities for growth now?
  • Where is future growth expected to be most significant?

Bags and Luggage in Hong Kong, China - Category analysis

KEY DATA FINDINGS

Resumption of travel boosts demand for bags and luggage
Strong growth for backpacks due to casualisation of the workplace post-pandemic
Expenditure associated with outbound trips hinders full recovery in 2023
Brands’ marketing campaigns likely to maintain growth momentum over forecast period
Blurring of lines between casual and work bags suggests optimistic outlook for backpacks
Luxury brands expected to show strong resilience to potential economic downturn
Table 1 Sales of Bags and Luggage by Category: Volume 2018-2023
Table 2 Sales of Bags and Luggage by Category: Value 2018-2023
Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2018-2023
Table 4 Sales of Bags and Luggage by Category: % Value Growth 2018-2023
Table 5 Sales of Luggage by Type: % Value 2018-2023
Table 6 NBO Company Shares of Bags and Luggage: % Value 2019-2023
Table 7 LBN Brand Shares of Bags and Luggage: % Value 2020-2023
Table 8 Distribution of Bags and Luggage by Format: % Value 2018-2023
Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2023-2028
Table 10 Forecast Sales of Bags and Luggage by Category: Value 2023-2028
Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2023-2028

Personal Accessories in Hong Kong, China - Industry Overview

Personal accessories in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
Table 13 Sales of Personal Accessories by Category: Volume 2018-2023
Table 14 Sales of Personal Accessories by Category: Value 2018-2023
Table 15 Sales of Personal Accessories by Category: % Volume Growth 2018-2023
Table 16 Sales of Personal Accessories by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Personal Accessories: % Value 2019-2023
Table 18 LBN Brand Shares of Personal Accessories: % Value 2020-2023
Table 19 Distribution of Personal Accessories by Format: % Value 2018-2023
Table 20 Forecast Sales of Personal Accessories by Category: Volume 2023-2028
Table 21 Forecast Sales of Personal Accessories by Category: Value 2023-2028
Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2023-2028
Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2023-2028

DISCLAIMER

Summary 1 Research Sources
The following categories and subcategories are included:

Bags and Luggage

    • Backpacks
    • Business Bags
    • Crossbody Bags
    • Duffel Bags
      • Non-Luxury Handbags
      • Luxury Handbags
    • Wallet and Coin Pouches
    • Other Small Bags
  • Luggage

Bags and Luggage

Bags and Luggage includes bags and cases which serve common everyday purposes or specific functions during travel, sports, or formal occasions. However, all sports equipment bags (e.g. golf, tennis, and bowling), insulated food and beverage bags, and musical instrument cases are excluded.

See All of Our Definitions
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This report originates from Passport, our Bags and Luggage research and analysis database.

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