COVID 19 Impacts on Bags and Luggage Market in KSA: Ken Research 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 such… Read More »
Future Growth Analysis of KSA Bags and Luggage Market by Ken Research 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… Read More »
Change in Demographics and Consumer Preferences along with Increasing Westernized Cultures and Entry of new Brands into the market has fuelled the market growth: Ken Research 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 the… Read More »
