The bags and luggage industry in Singapore is experiencing slow growth, prompting brands to reassess their strategies. Relying solely on experiential marketing may no longer be sufficient; instead, it will be essential to have a deeper understanding of changing consumer lifestyles.
According to Euromonitor International’s Voice of the Consumer: Lifestyles survey 2024, 14% of Singaporean respondents indicated that sustainable features influence their purchasing decisions when it comes to apparel and personal accessories. This marks a significant shift among consumers, who are increasingly prioritising eco-conscious choices when selecting products.
E-commerce continues to thrive in Singapore's bags and luggage market, with lower-priced items often driving online sales. However, the lack of a tactile experience can limit consumer confidence in purchasing luxury items online, where the texture and appearance of materials such as leather are essential in the decision-making process.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Singapore 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 Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 definitionsThis report originates from Passport, our Bags and Luggage research and analysis database.
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