Bags and luggage is expected to see an improved performance over the forecast period. Growth will be driven by the continued revival of in travel and tourism and a strong interest in outdoor activities, which will drive demand for items such as backpacks and luggage.
While retail sales of bags and luggage are expected to display a generally positive performance in current value terms, certain subcategories, such as business bags and coin and wallet and coin pouches, are expected to be negatively impacted by lifestyle changes. Following the pandemic, flexible or remote working is the new normal for many, which in the long-term, is expected to have a negative impact on business bags.
Swedish consumers are relatively conservative when it comes to clothing or accessories, but designer bags are, in general, considered an exemption. Furthermore, due to the relatively strong purchasing power of Swedish consumers, premium-positioned bags from the likes of Michael Kors are relatively affordable for a large section of the population.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Sweden 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 Sweden, 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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