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China Bags and Luggage-Market Study and Forecast 2021

PressReleasePing - July 28, 2017 -In 2017, bags and luggage (http://www.marketreportsonchina.com/consumer-goods-market-research-reports-1225/bags-luggage-china.html) saw a stable growth rate of 6% as luxury brands were starting to see a slow recovery from the previous year. The recovery of luxury brands in the domestic market was largely due to terrorist attacks in France, which caused many Chinese consumers to avoid the shopping destination and opting to consume luxury brands domestically instead. Additionally, with the depreciation of the Chinese yuan against the Hong Kong dollar, Japanese yen and US dollar, this greatly reduced the flow of Chinese tourists to these destinations where they would purchase luxury goods. Consequently, this drove the domestic demand for luxury goods. Moreover, with the Chinese government’s intervention to curb cross border commerce due to the rise of the grey market in China, it was increasingly difficult for consumers to purchase luxury goods overseas for resale purposes in the domestic market. Bags and Luggagein China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2012-2016), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2021 illustrate how the market is set to change. Product coverage: Bags, Luggage. Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data. Why buy this report? * Get a detailed picture of the Bags and Luggage market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop. Table of Contents Headlines Trends Competitive Landscape Prospects Category Data Executive Summary Key Trends and Developments Luxury Segment Sees A Recovery Sources Market Data For More Information Kindly Visit: http://www.marketreportsonchina.com/consumer-goods-market-research-reports-1225/bags-luggage-china.html Related Reports: http://www.marketreportsonchina.com/market-research-report/consumer-goods.html?q=Luggage&ipage=&sortby=dd Contact Us Market Reports on China Contact No: India: +91 22 27810773 Email: info@marketreportsonchina.com Website: http://www.marketreportsonchina.com Twitter: https://twitter.com/ReportsonChina


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