Luggage and Leather Goods Market will soar steadily at a CAGR of 5% during 2016-2024
Verfasser: yogesh on Wednesday, 12 December 2018Innovatively designed baggage & leather goods will remain in great demand as tourists from all parts of the world will prefer travelling in style. Soaring demand for trendy suitcases and hand bags will also be instrumented by higher durability of leather goods and luggage. A latest report published by Persistence Market Research projects that during the 2016-2024 forecast period, the global market for luggage & leather goods will reach US$ 361,326.1 Mn value. The report further estimates that the market, which is presently valued a little over US$ 244,000 Mn, will soar steadily at a CAGR of 5%.
Key factors impacting the dynamics of the global luggage & leather goods market are compiled in the report, which follow: