Philippines Luggage and Bags Market Outlook to 2023
By Bags (Handbags, Backpacks, Cross body Bags, Duffel Bags, Wallet Coin Pouches, Business Bags, Other Small Bags), By Luggage (Hard and Soft Case), By Distribution Channel
Region:Asia
Author(s):Abhishek Duggar
Product Code:KR880
September 2019
72
About the Report
Market Overview and Size
Bags and Luggage Market Segmentation
By Demand in Region: Luzon is the largest and the most populous island in the Philippines and has the highest demand for bags and luggage in the country. Davos and Visayas regions also majorly contribute to the demand for bags and luggage in the Philippines.
By Market Structure: The bags and luggage market in the Philippines in 2018 was dominated by Unorganized Sector that accounted for more than half of total revenue in the bags and luggage market.
By Type of Bags and Luggage (Handbags, Cross body bags, Duffel bags, Luggage, Business Bags, Wallets, and Other Coin Pouches): Handbags is the most demanded product followed by Backpacks. The Basic type of Handbag is affordable and appeals to the masses and has a relatively higher demand in the Philippines Market. The population between the Age group 10 years to 34 years Increased from 44 Million to 47 Million during the period 2013-2018, thereby driving the demand for backpacks in the industry.
By Distribution Channel (Department Stores, Bags and Luggage Specialist Retailers, Apparel, Footwear Specialist Retailers, stationers/office supply stores, Direct Selling, Hypermarkets, Internet Retail and others): Department Stores have dominated the bags and luggage sale in the Philippines followed by Bags and Luggage Specialist Retailers during 2018 in terms of revenue. Internet Retail is on the rise in the Philippines and the sales through online retail centers are expected to increase in the future.
Competitive Landscape
Philippines Bags and Luggage Market Future Outlook
Key Topics Covered in the Report
- Value Chain Analysis
- Market Size,2013-2018
- Market Segmentation
- Trends and Developments
- Challenges
- Trade Scenario
- Porter’s Five Forces Analysis
- Competitive Scenario
- Company Profile of Major Players
- Future Market Size. 2018-2023E
- Future Market Segmentation. 2023E
- Analyst Recommendation
Products
Key Target Audience
- Luggage Manufacturers
- Bags Manufacturer
- Distributors
Time Period Captured in the Report:
- Historical Period: 2013-2018
- Forecast Period: 2019-2023
Companies
Key Segments Covered
- Luzon
- Visayas
- Davao
- Leisure
- Business
- Unorganized
- Organized
- Backpacks
- Business Bags
- Crossbody Bags
- Duffel Bags
- Handbags (basic, mid, luxury)
- Wallet and coin pouches
- Other small bags
- Hard Case
- Soft Case
- Wheel
- Non-Wheel
- Hypermarkets
- Apparel and footwear specialists retailers
- Bags and luggage specialists retailer
- stationers/office supply stores
- Other leisure and personal goods specialist retailers
- Department stores
- Variety stores
- Warehouse clubs
- Other non-grocery specialist
- Direct Selling
- Internet Retailing
- Louis Vuitton (LVMH)
- Avon Products Inc.
- VF Corporation
- Samsonite international SA
- Adidas AG
- Nike Incorporated
- Herschel Supply Co.
- Herme’s
- Marithé et François Girbaud
Table of Contents
1. Executive Summary
2. Research Methodology
2.1 Market Definitions
2.2 Abbreviations
2.3 Hypothesis
2.4 Defining Variables
2.5 Correlation Matrix
2.6 Regression Matrix
2.7 Limitations and Final Conclusion
3. Value Chain Analysis
4. Market Size, 2013-2018 (By Revenue and By Volume)
5. Market Segmentation
5.1 By Type of Pack (Bags and Luggage), 2013- 2018 (By Value and Volume)
5.2 By Use (Leisure and Business) and Organized and Unorganized, 2018 (By Revenue)
5.3 By Region (Luzon, Visayas and Davao) and Area (Urban and Rural), 2018 (By
Revenue)
5.4 By Distribution Channel (Hypermarkets, Apparel and footwear specialists retailers, Bags and
luggage specialists retailer, stationers/office supply
stores, Other leisure and personal goods specialist retailers, Department stores, Variety
stores, Warehouse clubs, Other non-grocery specialist, Direct Selling
and Online), 2013-2018 (Retail Value, Products Sold, Target Audience)
5.5 By Bags, 2018 (Handbags, Backpacks, Cross body Bags, Duffel Bags, Wallet Coin Pouches,
Business Bags, Other Small Bags) – By Retail Value and Volume
(Type of Bags, Major Brands, Average Price and Target Audience)
5.5.1 By Type of Handbag (Basic, Mid, Luxury), 2018
5.5.2 Segmentation of Luggage by Wheel/Non-wheel, 2018 and By Case (Hard and Soft), 2013-2018
5.6 By Luggage and Bags Price (Premium, Mass and Economy), 2018
6. Trends and Developments
(Increase in Tourism, Increase in Internet Retail, Healthy Lifestyle and Innovation)
7. Issues and Challenges
(Changing Consumer Preference, Creating Brand Value, Counterfeit Bags and Luggage and Fewer
Repeat Purchases)
8. Trade Scenario
8.1 Imports, 2013-2017
8.1.1 Major Filipino Importers
8.2 Exports, 2013-2017
8.2.1 Major Filipino Exporters
9. Porter’s Five Force Analysis
10. Competitive Scenario
10.1 Nature of Competition
10.2 Competition Parameters (Utility, Price, Quality and Presence)
10.3 Market Share of Major Companies (LVMH, VKC Inc, Avon Philippines Inc, VF Corp and Others),
2018
10.4 Market Share of Major Brands (AVON, Hawk, Louis Vuitton, Samsonite and Others), 2018
10.5 Competitive Analysis (Strengths and Weakness of Major Players), 2018
11. Company Profile of Major Players (Overview, Regional Presence, Recent Developments,
Strategies, Brands Offered and Revenue)
11.1 Louis Vuitton (LVMH)
11.2 Avon Products Inc.
11.3 VF Corporation
11.4 Samsonite international SA
11.5 Adidas AG
11.6 Nike Incorporated
11.7 Herschel Supply Co.
11.8 Others (Hermes and MFG Manila Inc.)
12. Future Outlook and Projections
12.1 Market Size 2018-2023 (By Revenue)
12.2 By Type of Pack, 2018 and 2023E
12.3 By Demand in Application, 2018 and 2023E
12.4 By Type of Bags and Luggage, 2018 and 2023E
13. Analyst Recommendations – For New Entrant
Disclaimer
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