help finding market size of luggage sales
ellenb
subscriber Posts: 1
Trying to determine market size before diving in financially. How can I get recent public data on the size of the luggage industry? Specifically how much luggage is sold in a year.
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The problem is that Google search turns up info on reports that are thousands of dollars. I am not able to find just this aggregate number without spending a lot of money up front. Any other specific places for this market size data that are free? (that`s what I meant when I said public). thanks, Ellen
The Travel Goods Association is a good source of info. The sale of Travel Goods is about 22 billion a year...but that number includes a number of categories.
What are you interested in doing. I am in the same industry and would love to share info.
Thanks for the exchange. I did look at that Travel Goods Association report and was shocked to see it list that the average retail price for luggage (not backpacks or totes, etc.) was around $20. It made me wonder if I am misinterpreting all the data in that report.I am evaluating a business idea which I believe would be a subset of the number of pieces of luggage sold in a year. I am not yet at liberty to say what the product is. If you have any other advice or understanding of why that retail luggage price seems so off I would love to hear. - Ellen