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Bags and Luggage Market in Hong Kong, China

Press Release   •   Jan 27, 2017 15:08 IST

Market Reports on China presents the report, on “Bags and Luggage Market in Hong Kong, China”. It provides the latest retail sales data (2011-2015), allowing you to identify the sectors driving growth.

Weaker inbound tourist flows and an uncertain economic climate reduced consumer confidence. As a result, bags and luggage posted a decline in current value sales for the first time in the review period. More consumers purchased lower-priced bags and luggage rather than spend on luxury brands. This trend was reflected in the lower average current unit price for bags and luggage in 2016. In addition, younger consumers are looking for affordable niche or premium brands with trendy designs, instead…Bags and Luggagein Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2011-2015), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2020 illustrate how the market is set to change.

Product coverage:Bags, Luggage.

Data coverage:market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

* Get a detailed picture of the Bags and Luggage market;* Pinpoint growth sectors and identify factors driving change;* Understand the competitive environment, the market’s major players and leading brands;* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

Headlines

Trends

Competitive Landscape

Prospects

Category Data

Strategic Direction

Key Facts

Summary 1 Gucci Group (Hong Kong) Ltd: Key Facts

Competitive Positioning

Summary 2 Gucci Group (Hong Kong) Ltd: Competitive Position 2015

Executive Summary

Retail Value Sales Continue To Decrease in 2016

Mid-priced Products Hold Sales Better Than Premium Offerings

Luxury Brands Underperform in 2015

Jewellery and Watch Specialist Retailers Remains the Dominant Distribution Channel

Sluggish Sales Development Is Expected in the Forecast Period

Key Trends and Developments

Retail Spending on Personal Accessories Falters in 2016

Luxury Brands Continue To Underperform

Younger Consumers Value Simple Yet Trendy Designs Over Luxury Brands

Related Reports:Chinese Consumer Goods Sector

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