Spanish economic indicators are expected to remain subdued over the first years of the forecast period with the country facing numerous challenges. As such, the category is not expected to reach pre-pandemic figures before the end of the forecast period either in value or volume terms.
Spaniards are increasingly following healthier lifestyles and this is resulting in them using bicycles to get to work or to get around Spanish cities, which are becoming more bicycle-friendly. This behaviour is supporting the usage of backpacks instead of other bags (especially crossbody) as they are easier to carry when riding a bicycle.
The decline in disposable income along with the growing awareness of the need to make more sustainable choices are expected to support new ways of consumption, including when it comes to bags and luggage. For example, ASOS launched a new platform to get rid of its old stock in 2023 with the British pure online retailer looking to clear 20% of its unsold stock as part of efforts to streamline its business and become more profitable but also to reduce waste.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Bags and Luggage industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Bags and Luggage
Bags and Luggage includes bags and cases which serve common everyday purposes or specific functions during travel, sports, or formal occasions. However, all sports equipment bags (e.g. golf, tennis, and bowling), insulated food and beverage bags, and musical instrument cases are excluded.
See All of Our DefinitionsThis report originates from Passport, our Bags and Luggage research and analysis database.
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