Saudi Arabia has been strategizing to shift its economic dependency from oil and focus on non-oil sectors. Promoting tourism is one such important initiative of the country. Saudi Arabia is one of the major destinations of religious gatherings for Muslims with one of the largest religious congregations of Hajj and Umrah. As per Ken research findin ....

1. Growth of E-commerce, and FDI is allowing KSA to shift its focus towards non-Oil sectors and promote other sectors such as Tourism Start-ups such as Mine Bags with innovative concepts for Bags are entering the Bags and Luggage Industry in KSA . Moreover, the construction of new malls like Mall of Saudi, City Center Ishbiliyah, and Mal ....

KSA Bags Market Segmentation, 2020 By Type of Bags: Handbags Dominate the Market followed by Backpacks and Business Bags in terms of Revenues for 2020. An increase in the number of ex-pats requiring business bags (including Laptop Bags) for their daily activities has positively impacted the sales in the Kingdom. Handbags and other bags suc ....

Socio – Demographic Outlook Of Saudi Arabia 43% Female Population, ~40% ex-pat population (led by Asian countries), and 19.7 Mn tourist arrivals with High purchasing power (USD 874 as Average Spend by International Tourists per Visit) positions KSA as a potential Market for bags and luggage in 2020. Saudi Arabia is one of the major destinati ....

Growth in tourism and traveling along with recovery of oil price, increase in the number of shops opened across numerous shopping malls, and changing demographics have boosted the demand for Handbags and other bags such as crossbody, backpacks, and wallets in the country. Change in Demographics: ~50.0% of the total population in 2020 under th ....

The report titled “ Saudi Arabia Bags Luggage Market Outlook to 2025 (Second Edition) – Driven by Change in Lifestyle, Increasing Travel and Tourism and Customer Inclination toward High-End Brands ” provides a comprehensive analysis of the bags and luggage industry of Saudi Arabia. The report covers various aspects including the current ....

How Is The Bags And Luggage Market Positioned In Saudi Arabia? What Are The Major Market Trends Driving The Industry? The retail sector in Saudi Arabia has been growing at a CAGR higher than ~% in the last few years. It was estimated at a value of around USD ~billion in 2018. The brick-and-mortar retailers are expected to gradually adopt the o ....

The report titled “ Saudi Arabia Bags and Luggage Market Outlook to 2023 – By Type (Backpacks, Business Bags, Cross body Bags, Duffel Bags, Handbags, Wallet and Other Bags); By Handbag Price Segment (Luxury, Premium, Economy )” by Ken Research suggested that the luggage and bags market in Saudi Arabia has been growing due to increasing young and ....

The report titled “ Saudi Arabia Bags and Luggage Market Outlook to 2023 – By Type (Backpacks, Business Bags, Cross body Bags, Duffel Bags, Handbags, Wallet and Other Bags); By Handbag Price Segment (Luxury, Premium, Economy) ” provides a comprehensive analysis on the Bags and Luggage Industry of Saudi Arabia. The report covers various aspects i ....