Demand for bags and luggage in the Philippines is set to steadily increase over the forecast period, driven by ongoing enhancements in the country’s travel infrastructure. With the Department of Tourism’s continuous development of programmes such as visa reforms and airport improvements, including the Clark International Airport (CRK), more travellers are expected to be encouraged to travel both domestically and internationally, which is likely to positively impact the demand for luggage and bags, as these are essential for travel.
During the forecast period, the shift toward functional fashion is anticipated to drive innovation in bag and luggage designs, resulting in an increase in product variety. Shoppers seeking utility are gravitating toward designs with multiple pockets and box-type structures, offering better space for organisation.
With the continuous expansion of malls, particularly in rural areas like the Visayas and Mindanao, consumers have greater access to a variety of brands, including local offerings. In addition to mall expansion, bazaar events have become a crucial avenue for local entrepreneurs to showcase their brands, with many new bag labels such as The Good Juju Club, The Good Gang, and others offering affordable alternatives to more established brands.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Philippines 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 Philippines, 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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