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Synthetic Leather Luggage Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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The global synthetic leather luggage market is expected to grow at a CAGR of 4.5% during the forecast period of 2021-2026. Factors driving market growth include increasing disposable income, changing consumer preferences, and rising demand for lightweight and durable luggage. The market size is estimated to reach $3.8 billion by 2026.
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Companies Covered (Covid 19 Impact Covered)
◍ Samsonite
◍ VIP Industries Limited
◍ VF Corporation
◍ Delsey
◍ Briggs and Riley
◍ Rimowa
◍ Travelpro
◍ Tommy Hilfiger
◍ Victorinox
◍ Olympia
◍ Fox Luggage
◍ Skyway
◍ Traveler's Choice
◍ Tumi Holdings
◍ LV
◍ IT Luggage
The Synthetic Leather Luggage Market is highly competitive with key players such as Samsonite, VIP Industries Limited, VF Corporation, Delsey, Briggs and Riley, Rimowa, Travelpro, Tommy Hilfiger, Victorinox, Olympia, Fox Luggage, Skyway, Traveler's Choice, Tumi Holdings, LV, and IT Luggage. These companies offer a range of synthetic leather luggage products catering to different consumer preferences and budgets, driving market growth through innovation and marketing strategies.
- Samsonite's sales revenue: $3.94 billion
- VIP Industries Limited's sales revenue: $300 million
- VF Corporation's sales revenue: $13.8 billion
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By Application
◍ Specialist Retailers
◍ Hypermarkets
◍ E-Commerce
◍ Others
By Product
◍ PVC Synthetic Leather
◍ PU Synthetic Leather
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$ X Billion USD