Travel bags, business cases, and various casual bags are the most common types of luggage. Baggage is a very important consumer commodity all over the world, with many organized (global) and disorganized (local) manufacturers producing various types of luggage for varied travel and business needs.
Unorganized luggage market companies are providing many challenges for significant participants in the organized sector in Asia Pacific's growing economies. Because raw materials such as plastics, leather, and other materials are readily available, luggage manufacturing costs are lower. Furthermore, because they save on various other costs, including research and development, advertising, branding, and the costs of acquiring high-quality raw materials, local luggage makers in the unorganized sector frequently provide their products at a lower price.
Market participants' technological improvements are projected to enhance demand for smart luggage around the world. According to an article published in November 2017 in the International Journal for Research in Applied Science and Engineering Technology (IJRASET), a luggage bag has a kick scooter that is attached to the luggage bag to provide ease and comfort to the traveler. For example, OLAF, a Slovenian scooter maker with backpacks, offers a 4-in-1 solution that includes a removable ergonomically designed backpack, a durable trolley, a steerable kick-scooter, and a wooden skateboard.
Furthermore, companies such as G-RO and Scoocase have included power banks in their luggage. Additionally, the Titus from Antler USA and the Delsey Paris Pilot 4.0 include a built-in USB port with cables that are connected to a power bank compartment. A bag with an in-built weighing scale, which displays the precise weight of the luggage as soon as the user lifts the bag, is another smart luggage feature. Air smart luggage trolley bags, for example, have an internal weighing scale, which has given the company a competitive advantage over other products. During the projected period, these factors are expected to enhance the luggage market's growth.
Tapestry Inc., Rimowa GmbH, Louis Vuitton Malletier, S.A., Victorinox Swiss Army, Inc., Samsonite International S.A., Coach Inc, VF Corporation, Antler Limited, Delsey S.A., Bric's Industria Valigeria Fine SpA, Etienne Aigner AG, and VIP Industries Limited are among the market's key players.
Market participants' technological improvements are projected to enhance demand for smart luggage around the world. According to an article published in November 2017 in the International Journal for Research in Applied Science and Engineering Technology (IJRASET), a luggage bag has a kick scooter that is attached to the luggage bag to provide ease and comfort to the traveler. For example, OLAF, a Slovenian scooter maker with backpacks, offers a 4-in-1 solution that includes a removable ergonomically designed backpack, a durable trolley, a steerable kick-scooter, and a wooden skateboard.
Furthermore, companies such as G-RO and Scoocase have included power banks in their luggage. Additionally, the Titus from Antler USA and the Delsey Paris Pilot 4.0 include a built-in USB port with cables that are connected to a power bank compartment. A bag with an in-built weighing scale, which displays the precise weight of the luggage as soon as the user lifts the bag, is another smart luggage feature. Air smart luggage trolley bags, for example, have an internal weighing scale, which has given the company a competitive advantage over other products. During the projected period, these factors are expected to enhance the luggage market's growth.
Tapestry Inc., Rimowa GmbH, Louis Vuitton Malletier, S.A., Victorinox Swiss Army, Inc., Samsonite International S.A., Coach Inc, VF Corporation, Antler Limited, Delsey S.A., Bric's Industria Valigeria Fine SpA, Etienne Aigner AG, and VIP Industries Limited are among the market's key players.
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