Future Growth Analysis of KSA Bags and Luggage Market by Ken ResearchPosted by kenresearch on May 21st, 2021 Socio – Demographic Outlook Of Saudi Arabia 43% Female Population, ~40% ex-pat population (led by Asian countries), and 19.7 Mn tourist arrivals with High purchasing power (USD 874 as Average Spend by International Tourists per Visit) positions KSA as a potential Market for bags and luggage in 2020. Saudi Arabia is one of the major destinations of religious gathering for Muslims with one of the largest religious congregations of Hajj and Umrah. Value Chain Analysis In Saudi Arabia Bags And Luggage Market KSA Is highly dependent on Imports that are contracted manufactured from countries such as China, Vietnam, Brazil & Bangladesh. Most of the brands have centralized warehouses for their Middle East operation; many of which are located in Dubai. The Distributors such as Rubaiyat and Splash allocate these Bags and Luggage to Various Distribution Channels such as Multi Brand Outlets, Exclusive Brand Outlets, Local Retailers, e- Retailers based on the type of store performance, location, and footfall, and target audience. Domestic Manufacturers have their own production facility and export to countries such as Oman, UAE, and the USA. Products returned or not sold even after discounts are majorly re-exported to countries such as UAE, China, and Italy. Various Custom Duties and Value Added Taxes are added to the Imported Value of Bags and Luggage in KSA. Around ~% of Margin is charged at Retailer and Distributor level in the Value Chain with ~ days of Lead Time. Overview Of KSA Bags And Luggage Market ~50% of the total population is under the age bracket 25-54 years supplemented by the high per capita income and are Highly Influenced by Fashion bloggers, celebrities, and Instagram. The industry witnessed a decline due to decreasing oil prices affecting the purchasing power of individuals but revived back due to Growth in the tourism and Retail Sector along with recovery of oil prices in 2019. Other key industry trends include rising Sports Practitioners among individuals aged 15 years or above practicing sports activity for 150 minutes or more in a week along with New start-ups such as my bags entering KSA Market with New Innovative Concepts. Bags dominate the bags and luggage market in KSA with handbags contributing most of the Revenue in the Bags Segment which are mostly imported from European and Asian countries. Handbags, Backpacks, Shoulder bags, Wheeled Duffel bags, School Satchels are the most popular variants in the Bags category while Leather and Plastic Trunks and Suitcases, Leather Cases, and Trunks are most popularly sold in Luggage Segment. 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 Contact Us:- Ken Research Like it? 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