2014-03-31 12:02:03 - Luggage: A Global Strategic Business Report - a new market research report on companiesandmarkets.com
Global market for Luggage is forecast to reach US$42 billion by 2018, buoyed by the resurgence in global travel and tourism and the ensuing increase in rail, road, and air passenger traffic.
Demand in the luggage market is strongly linked to consumer disposable incomes and global and regional economic health. The market is therefore prone to cyclical fluctuations and volatility. Travel luggage, the largest revenue generating market segment in the global luggage market, is highly dependent on volume and frequency of passenger traffic in roadways, railways, waterways and air-transport.
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