Carrying on: Airline charges for checked luggage have boosted sales of carry-on luggage

IBISWorld’s Luggage Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • The industry will be forced to lower prices to maintain consumer interest

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    Industry Analysis & Industry Trends

    The Luggage Stores industry has performed well over the past five years, fuelled to a large extent by an increase in domestic and international travel by Australians. A strong Australian dollar over the three years through 2013-14 renewed interest in international travel, while the expansion of budget airlines supported a rise in domestic travel. An upturn in household discretionary income, which provided consumers with more money to allocate towards suitcases, backpacks and other travel goods, also aided retail spending on luggage. However, rising competition from both internal and external players, such as department stores and online-only retailers, limited industry growth. As a result, industry revenue is expected to rise at an annualised 2.5%...

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    What is the Luggage Stores industry?

    The industry exhibits low capital intensity. For every dollar spent on capital, $12.67 is spent on wages. The industry is labour-intensive as employees are required for day-to-day tasks, such as providing customer service, stocking shelves, displaying merchandise, processing transactions and managing inventory. As the industry's products are not regularly purchased items, consumers will often require assistance and specific advice from staff. Suitcases are typically a high-value good that are perceived as an important investment to consumers. Consequently, luggage stores generally place a greater emphasis on customer service compared with other retail industries...

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    Additional Insights for the Luggage Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Luggage Stores Industry are

  • Attractive product presentation
  • Production of goods currently favoured by the market
  • Having a clear market position
  • IBISWorld analysts also discuss how external factors such as Domestic tourist visitor nights and Business confidence index in the Luggage Stores industry impact industry performance..

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    New Zealand Special Report

    Products & Brands

    Major products in this industry
    Duffel bags and backpacks
    Other travel goods and accessories
    Carry-on luggage

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Domestic tourist visitor nights
  • Business confidence index
  • International travel by Australians
  • Real household discretionary income

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Luggage Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Luggage Stores Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Professional, Scientific and Technical Services
  • Consumers

  • Key Selling Industries
  • Leather and Leather Substitute Product Manufacturing
  • Retail Property Operators
  • Telecommunications Services

  • Products & Services
  • Carry-on luggage
  • Suitcases
  • Duffel bags and backpacks
  • Other travel goods and accessories
  • Chart: Luggage Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 35 to 54
  • People aged 15 to 34
  • People aged 55 and over
  • Chart: Major Market Segmentation for the Luggage Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Luggage Stores

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Luggage Stores Industry

  • Industry Globalization
    Major Companies
    Strandbags Group Pty Limited
  • Table: Strandbags Group Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Luggage Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Luggage Stores Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • Loosely shaped luggage that allows the person to wear it on their back.
  • Carry-On Luggage
  • Luggage that is allowed to be taken onboard with a passenger as opposed to being deposited in the cargo hold.
  • Duffel Bag
  • A large cylinder shaped bag that is mainly used to store large amounts of belongings.
  • Suitcase
  • A flat, rectangular shaped piece of luggage that is made to store large amounts of belongings.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Luggage Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Luggage Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Luggage Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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