Demand for Luggage and Bags in Philippines is Driven by Increase in Working Population, Growing Retail Presence and Growth in Domestic Tourism: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “The Unorganized Sector dominated the Luggage and Bags market in the Philippines as Consumers are price conscious and are willing to compromise on quality to purchase an affordable product.” The report titled “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” by Ken Research suggested that the luggage and bags market in The Philippines has been growing due to increasing young and working people and also due to the changing perception of people towards bags and luggage from utility to a lifestyle product. The market is expected to register a positive CAGR of 5.3% in terms of revenue during the forecast period 2018-2023E. Increase in Domestic Tourism: Tourism Industry is extremely vital for the Philippines contributing about 12% to the national coffers every year. Domestic tourism in The Philippines is growing continuously in the country. In 2018 alone, more than 40 million Filipinos visited domestic tourist destinations and will continue to grow in the coming years, thus increasing the sale of bags and luggage in The Philippines. Growing Retail Presence: The bags and luggage manufacturers are increasing their retail presence in the Philippines with even big players like Louis Vuitton opening their second store in the Philippines. The retailers are also increasing their presence online which is evident from the 32% rise in Internet Retailing during the period 2013 to 2018. Increase in Distribution Channels: The major players in the Philippines are looking to increase their retail presence both online as well as offline to increase the sale of their products. The brands have been looking to increase their customer reach through malls in the major cities and also through specialist retail stores in smaller cities. The brands are also selling their products through hypermarkets, office and stationery supply stores and footwear and apparel stores especially in smaller cities where there are either no malls or are very few in number. Rise in Innovation: Innovation plays a major role in the luggage and bags market as there are different brands offering similar products but they can differentiate themselves through innovation, either through innovation in design or through innovation in selling the product. Many companies are using technology for innovation, for instance, Modobag uses motorized technology in the luggage for its customers to ride on and Herschel Supply Co. has come up with luggage that has the in-built charger and a USB port for customers to charge their mobile phones on the go. The labor force in the Philippines has also increased from 40 Million in 2013 to 44 Million in 2018, thereby increasing the demand for bags in the market. Key Segments Covered:- By Demand in Region, 2018 Luzon Visayas Davao By Application/Use, 2018 Leisure Business By Market Structure, 2018 Unorganized Organized By Bags, 2013-2018 Backpacks Business Bags Crossbody Bags Duffel Bags Handbags (basic, mid, luxury) Wallet and coin pouches Other small bags By Luggage Type Hard Case Soft Case By Luggage Category Wheel Non-Wheel By Distribution Channel, 2013-2018 Hypermarkets Apparel and footwear specialist’s retailers Bags and luggage specialist’s retailer Stationers/office supply stores Other leisure and personal goods specialist retailers Department stores Variety stores Warehouse clubs Other non-grocery specialists Direct Selling Internet Retailing Key Target Audience Luggage Manufacturers Bags Manufacturer Distributors Time Period Captured in the Report:- Historical Period: 2013-2018 Forecast Period: 2019-2023 Companies Covered:- Louis Vuitton (LVMH) Avon Products Inc. VF Corporation Samsonite international SA Adidas AG Nike Incorporated Herschel Supply Co. Herme’s Marithé et François Girbaud Key Topics Covered in the Report:- Philippines Cross body Bags Market Philippines Duffel Bags and Wallet Coin Pouch Philippines Business Bag Market Bags and Luggage in the Philippines Luggage and Bags sale in Philippines Luggage Retailers Philippines Luggage Bags Target Consumers Philippines Luggage bags demand Philippines Luggage Importers Philippines Bag Exporters Philippines Bags and Luggage Sales Davao Bags and Luggage Sales Visayas Samsonite Philippines Luggage Market Share VFC Bags and Luggage Sales Market Philippines For More Information on the Research Report, refer to below links: – Philippines Luggage and Bags Market Outlook Related Reports by Ken Research 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) Global Luggage & Bags Zipper Market 2018 – By Manufacturers, Regions, Type and Application, Forecast To 2023 Global Smart Luggage Market 2018 – By Manufacturers, Regions, Type and Application, Forecast To 2023 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Adidas AG Bags and Luggage Market, apparel and footwear distribution channel philippines, Avon Philippines Luggage Market Share, Bag Exporters Philippines, Bags and Luggage Businesses Philippines, Bags and Luggage in the Philippines, Bags and Luggage Industry Philippines, Bags and Luggage Market Philippines, Bags and Luggage Sales Davao, Bags and Luggage Sales Luzon, Bags and Luggage Sales Visayas, Bags and luggage specialists retailer, Bags Distribution Channels Philippines, Domestic Players in Luggage Market Philippines, Hermes Philippines Bags Market Analysis, Herschel Supply Philippines Bags Demand, International Players in Bags Market Philippines, Louis Vuitton Philippines Bags Market, Luggage and Bags sale in Philippines, Luggage bags demand Philippines, Luggage Bags Target Consumers Philippines, Luggage Distribution Channels Philippines, Luggage Importers Philippines, Luggage Industry Philippines, Luggage Market Philippines, Luggage Retailers Philippines, Major Companies Bags Philippines, Major Companies Luggage Philippines, MFG Manila Bags Market Growth rate Philippines, Nike Philippines Bags Market Revenue, Philippines Bags and Luggage distributors, Philippines Bags and Luggage End Users, Philippines Bags and Luggage Export Revenue, Philippines Bags and Luggage Industry, Philippines Bags and Luggage Industry Research Report, Philippines Bags and Luggage Manufacturers, Philippines Bags and Luggage Market, Philippines Bags and Luggage Market Analysis, Philippines Bags and Luggage Market Forecast, Philippines Bags and Luggage Market future outlook, Philippines Bags and Luggage Market Growth Rate, Philippines Bags and Luggage Market Key Players, Philippines Bags and Luggage Market Research Report, Philippines Bags and Luggage Market Revenue, Philippines Bags and Luggage Market Segmentation, Philippines Bags and Luggage Market Share, Philippines Bags and Luggage Market Size, Philippines Bags and Luggage Target Audience, Philippines Bags Industry, Philippines Bags Market, Philippines Cross body Bags Market, Philippines Duffel Bags and Wallet Coin Pouch, Philippines Handbags and Backpacks Market, Philippines Luggage Industry, Philippines Luggage Market, sale of bags and luggage in The Philippines, Samsonite Philippines Luggage Market Share, VFC Bags and Luggage Sales Market Philippines