KSA Bags Market Segmentation, 2020
By Type of Bags:
Handbags Dominate the Market followed by Backpacks and Business Bags in terms of Revenues for 2020. An increase in the number of ex-pats requiring business bags (including Laptop Bags) for their daily activities has positively impacted the sales in the Kingdom. Handbags and other bags such as crossbody, backpacks, and wallets have been boosted by the increase in the number of shops opened across numerous shopping malls in the country. Such as crossbody, backpacks, and wallets have been boosted.
By Price Value:
Many of the brands in the economy bags category follow the product launches of luxury brands and make their product similar to them, thus providing a cheaper alternative to the luxury bags. Economy bags dominate the market with a ~% share in the market in terms of Revenues in KSA.
By Retail Channel:
The number of online shoppers is increasing remarkably (~15Mn in 2020) 1 due to the rapid penetration of smartphone users (58% in 2020)1 in the Kingdom. Offline is the largest share in the market due to a lot of challenges faced by customers in the Online Channel such as Counterfeit Products, delay in receiving the Products, and many more.
By Offline Retail Channel:
The majority of the Revenues in KSA Bags market is catered by Local Retailers serving Casual bag packs, cross body bags, duffel bags, wallets to Lower and Middle-Class Population Majorly in Riyadh, Mecca, Medina, and other Tier 2 cities. It is followed by MBO due to access to multiple brands under the same roof.
KSA Luggage Market Segmentation, 2020
By Type of Bags:
The hard case segment includes luggage made from Aluminum, Polycarbonate, Polypropylene, Leather and ABS. Preference is given to a durable material that is lighter and can be altered according to the latest styles.
By Price Value:
Premium Luggage remained the dominant category with ~ % revenue share in 2020 mostly sold at Hypermarket, E-Commerce, Department Stores, and others.
By Retail Channel:
The online channel generally sells luggage under excessive discounts which help them to cater the need of price-sensitive customers but the Offline channel is still the Dominant category even in the Luggage Category in KSA
By Offline Retail Channel:
Most of the brands use the EBO retail format in order to enhance their brand pull. These stores generally do not offer discounts on products, thus having a low market share. The market is dominated by Local Retailers in Luggage Market too.
Key Segments Covered in Saudi Arabia Bags and Luggage Market: –
By Bags and Luggage
Bags
Luggage
By Type of Bags
Handbags
Backpacks
Business Bags
Wallet
Crossbody Bags
Duffel Bags
Briefcases
Other Bags (Totes, Baguettes, Satchels, Flaps, Hobos, Shopper Bags, Messenger Bags, Clutches and others)
By Type of Luggage
Hard Case
Soft Case
By Hard Case Luggage Capacity
30-50 L
50-90L
>90L
Roling Totes
Others such as Jewellery cases, Business case etc
By Soft Case Luggage Capacity
30-50 L
50-90L
>90L
Garment Bags
Rolling Totes
Others
By Price Range of Bags and Luggage
Premium
Economy
Luxury
By Sales Channel of Bags and Luggage
Offline
Online
By Retail Format of Bags and Luggage
EBOs
MBOs
Local Retailers
By Region
Riyadh
Jeddah
Dammam
Al khobar
Mecca and Medina
Others
Local Manufacturers:
Dagal Factory for tanning leather and leather goods
Saudi Technical Plastic Company Ltd. (STEPCO)
Global Bags Manufacturing Company Factory
Hasibast Al Madinah Factory
Al-Jabreen Leather Industries
Saudi Files Factory
World Box Factory
Distributors/ Trading Companies:
Al Futtaim
Al Malki Group
Chaloub Group
Al Shamasy
Ali Zaid Al Quarishi & Brothers
Al Sawani Group
Al Sannat for Luggage
Al Tayer
Rubaiyat
Grand Stores LLC
Etoile Group
Fawaz Alhokair Group
Al Athar Group
Apparel Group
Saudi Jawahir
Sun & Sand LLC
Bags and Luggage Brands
LVMH
Samsonite Group (Samsonite, Kamiliant, High Sierra, American Tourister)
Kering
Capri Holding
Prada
Delsey
Burberry
Tommy
Nike
Adidas
TUMI
Aldo Group
Christian Dior
Key Target Audience
Luggage Manufacturers
Bags Manufacturer
Retailers and Distributors
Time Period Captured in the Report:
Historical Period: 2015-2020
Forecast Period: 2020–2025
Key Topics Covered in the Report:-
Saudi Arabia Luggage and Bags Market Introduction
Saudi Arabia Luggage and Bags Market Size, 2015-2020
Saudi Arabia Luggage and Bags Market Segmentation, 2015-2020
Growth Drivers for KSA Luggage and Bags Market
Understanding the Target Market for Bags & Luggage Industry
Recommended Store Layout & Proposed Business Framework
The landscape of Local Manufacturers, Distributors & Retailers in KSA Bags and Luggage Market
Potential B2B Partnership Strategy (Partnership with Corporate, Schools, CSD and Local Retailers)
Competition Scenario of Bags and Luggage Market in KSA
4Ps and Pricing Analysis in KSA Luggage and Bags Market
Global Practices and Global Case Scenarios that can be adopted in KSA
Technological Innovations in Bags and Luggage Market
Consumer’s Decision Making Parameters and Buying Behavior in KSA Luggage and Bags Market
Issues and Challenges in KSA Luggage and Bags Market
KSA Luggage and Bags Market Future Outlook and Projections, 2020-2025F
GTM and Market Opportunities for KSA Luggage and Bags Market
For More Information on the research report, refer to below link:-
Saudi Arabia Bags and Luggage Market
Related Reports by Ken Research: –
Global Luggage & Bags Market 2019 By Manufacturers, Regions, Type And Application, Forecast To 2024
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
