Global Market Study on Luggage: Travel Bags to Witness Highest Growth by 2020
Description - Luggage : Travel Bags Sales channels are those types of distribution channels that generate orders through the internet (including companys own internet sales channel and other independent e-commerce channels). The others segment includes supermarkets, hypermarkets, discounters, and small independent retailers. Increasing urbanization is escalating demand for lifestyle products. To some extent, luggage is also considered as a lifestyle product, especially in developing countries. Earlier, people in developing countries used one luggage for all purposes such as travel, tour, and business. However, owing to growing urbanization and rising disposable income, their lifestyles have changed, which is also reflected in their usage of purpose-based luggage. Asian and African countries are expected to experience highest urban growth in the future. According to the China Development Research Foundation, urban population in China is expected to increase from 52.6% in 2012...