By  on October 19, 2017

Millennials may be prioritizing travel over handbag purchases, but one accessory is thriving as a result — luggage.

The sector — valued at more than $30 billion — is experiencing steady single-digit growth, buoyed by an increase in travel worldwide. A shift in spending culture — away from material objects and toward experiences — is not the industry’s only stepping stone. Populous regions where newly minted members of the middle class have begun exploring travel for the first time have provided the luggage industry with a host of new markets.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus