Travel Duffle Bags Market

Travel duffle bags are one of the most popular forms of bags carried by travelers who travel for short trips and have lots of luggage to carry so they use duffle bags to keep some of the important items in hand. Travel duffle bags are lightweight and made of leather or microfibers material, which ensures more durability. These bags are popular among youth as they are always updated with the latest trends and styles. Travel duffle bags are available in various sizes depending on the need out of which the most common is the medium duffle bag, which is easy to carry on the shoulder and takes less space. Besides, various shapes of duffle bags are available in the market such as rectangular, cylindrical, and other attractive shapes. Innovation in the industry is related to manufacture trendy and stylish duffle bags, which are of premium quality, less weight, and are durable in nature.

COVID-19 Scenario Analysis: 

• The manufacturers have been affected as the supply of raw materials is not there from the past few months.
• The demand for duffle bags has been highly affected as people are facing lockdown and traveling and tourism are restricted.
• The market is expected to grow steadily after the pandemic as people start traveling and tourism will resume. 

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The travel duffle bags have huge demand from the millennials and all the travelers who travel short trips and demand lightweight baggage, which can carry more clothes. The increased rate of tourism, demand for stylish travel bags, an increase in international travel of corporate people, an increase in urbanization, and change in lifestyle are the major factors that drive the growth of the global travel duffle bag market. In addition, the gym freak women and men are using small-sized duffle bags for carrying clothes, shoes, towels, and other necessary items to the gym which has increased the demand for small size duffle bags for regular use. However, major constraints of the market are competition from local manufacturers providing low-quality travel duffle bags at cheap prices and counterfeit products available. 

The global travel duffle bags market trends are as follows:

New product launches to flourish the market

There have been major changes in the style, quality, and making of the travel duffle bags from past years and now the manufacturers are manufacturing improved features in a travel duffle bag to make it more compatible, lightweight, smart bags digitally connected with phones, anti-theft, and other security features. 

The company Unsettle & Co.'s has rolled out its most popular bag is the Commuter Roll Top 2.0 which is a water-proof duffle bag that has adjusting straps which can be used to adjust the size of the duffle bags and the duffle bags has laptop compartments which take utmost care of the laptop and accessories by providing separate padding. Moreover, the other companies in the market are inserting GPS and other anti-theft trackers so that the bags can be tracked if lost during traveling. 

Surge in by gym freaks and rise of market Asia-Pacific 

The Asia-Pacific travel duffle market is expected to witness rapid growth as the millennials of the emerging economic countries are demanding more fashionable and stylish duffle bags with different colors and textures. In addition, the rise in the tourism industry in the Asia-Pacific countries like India, China, Indonesia, Japan, and South Korea because of an increase in disposable income is one of the major factors that has increased the demand for travel duffle bags. 

Key Benefits of the Report:

• This study presents the analytical depiction of the global travel duffle bags industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global travel duffle bags market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global travel duffle bags market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed global travel duffle bags market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Travel Duffle Bags Market Research Report:

• What are the leading market players active in the travel duffle bags market?
• What the current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?

 Travel Duffle Bags Market Report Highlights