The Evolving Suitcase & Briefcase Market: Trends and Consumer Insights
The global suitcase and briefcase market size is expected to reach USD 44.36 billion by 2028, registering a CAGR of 5.7% during the forecast period, according to a new report by Grand View Research, Inc. Improved living standards in developing economies, increasing tourism, and rising demand for premium bags will drive the market globally. Furthermore, innovative and advanced products launched with added security features propel the market growth. Rapidly growing urbanization, increase in disposable income, and increased in domestic and international travel will drive the market growth. Travelers are highly preferring the multipurpose luggage bags which creates escalating demand for foldable and convertible luggage carriers. Suitcases with spinning wheels have grown in demand in the global market as they are easy to carry from different places. Innovative and advanced product launches from manufacturing companies is one of the major factors responsible for the ...