Global Smart Luggage Market is expected to mask a CAGR of 26.4% by 2023|

A recent report by KD market insights titled as ‘‘Smart Luggage Market – By Technology Type (Connectivity, Sim Card, USB Charging, Other), By Material Type (Hard Side, Soft Side), By Distribution Channel (Online, Offline) & Global Region – Market Size, Share, Trends and Forecast 2018-2023″ provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the  Smart Luggage Market. competitors share and region wise analysis around the globe.

The Smart Luggage Market is expected to mask a CAGR of 26.4% during the projected period. Further, the market was calculated at USD 2,353.2 million in 2018 and is anticipated to reach at a notable valuation by the end of forecast period. The term smart luggage is mainly used for smart bags and suitcases equipped with random connectivity technologies (such as Wi-Fi, SIM cards, GPS, Bluetooth, RFID (radio frequency identification)), built-in batteries, digital scaling and others. The aim of the technology not just to add an ordinary feature to the luggage. Now smart bags are equipped with technologies in order to make them more user friendly & safer in practical applications. Apart from this, the luggage companies are installing other potential technologies and features into their luggage products to stay ahead the market competition.

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The report begins with an overview for Smart Luggage market. The research report broadly covers analysis of key market drivers, challenges, opportunities and trends. The study also provides separate analysis to understand market size, projections and macroeconomic indicators of global regions that affects the market share. The report also offers an extensive coverage of various industry players along with their recent product launches and market activities. The report also goes through porter’s five analyses for getting a better understanding about the forces that shape competition within the industry. There is a timeline considered for useful analysis i.e. 2017 is considered as base year, 2018 as estimated year and 2019-2023 as forecasted year.

The market is divided into various segments and further sub-segments to drive the useful insights that can be utilized for company revenue growth and business. The Smart Luggage market is segmented on the basis of –

By Technology Type
– Connectivity
– – – WI-FI
– – – GPS
– – – RFID
– – – Bluetooth
– – – Others
– Sim Card
– USB Charging
– Other

By Material Type
– Hard Side
– Soft Side

By Distribution Channel
– Online
– Offline

The research also does a separate geographical analysis that comprises both the region wise and country wise analysis. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) , Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa). As per the report, Asia Pacific is likely to be the market giant in the upcoming years.

Considering the competition, the major vendors providing Smart Luggagetechniques across the globe are –
– DELSEY Paris
– Samsonite
– Trunkster
– Other Prominent Players

These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, business expansions, partnerships and collaborations, and mergers and acquisitions, to expand their offerings and further expand their presence in the global Smart Luggage market.

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Table of Contents:

Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Smart Luggage Market
3. Global Smart Luggage Market Trends
4. Opportunities in Global Smart Luggage Market
5. Recent Technology Type Activities, 2017
6. Porter’s Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Smart Luggage Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)

9. Global Smart Luggage Market Segmentation Analysis, By Technology Type
9.1. Introduction
9.2. Market Attractiveness, By Technology Type
9.3. BPS Analysis, By Technology Type
9.4. Connectivity (WI-FI, GPS, RFID, Bluetooth, Others)
9.5. Sim Card
9.6. USB Charging
9.7. Other

10. Global Smart Luggage Market Segmentation Analysis, By Material Type
10.1. Introduction
10.2. Market Attractiveness, By Material Type
10.3. BPS Analysis, By Material Type
10.4. Hard Side
10.5. Soft Side

11. Global Smart Luggage Market Segmentation Analysis, By Distribution Channel
11.1. Introduction
11.2. Market Attractiveness, By Distribution Channel
11.3. BPS Analysis, By Distribution Channel
11.4. Online
11.5. Offline

12. Geographical Analysis
12.1. Introduction
12.2. North America Smart Luggage Market Size (USD Million) & Volume, 2017-2023
12.2.1. By Technology Type
12.2.2. By Material Type
12.2.3. By Distribution Channel
12.2.4. By Country Market Attractiveness, By Material Type BPS Analysis, By Material Type U.S. Market Size (USD Million) 2017-2023 Canada Market Size (USD Million 2017-2023

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