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
Summary 1 Gucci Group (Hong Kong) Ltd: Key Facts
Summary 2 Gucci Group (Hong Kong) Ltd: Competitive Position 2015
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
Market Reports on China
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