Summary
Canadas luggage and leather goods retail market, with a share of 0.29% in 2015, is expected to be the sector with healthy growth during the forecast period. The retail market for luggage and leather goods will witness a CAGR of 4.93% over 2015-2020, to reach CAD1.1 billion by 2020. Per capita spending on luggage and leather goods in Canada is also anticipated to grow at a CAGR of 4% over the next five years.
Key Findings
Luggage and leather goods sales accounted for a marginal share of 0.29% of the total retail sales in 2015.
Commanding a 45.5% share of the overall sales in the segment, specialist retailers dominate the luggage and leather goods market in Canada.
Online is the fastest-growing channel in the luggage and leather goods category.
Synopsis
Luggage and Leather Goods Retailing in Canada Market Summary and Forecasts is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.
What else does this report offer?
A thorough analysis of consumer trends changing economic and population factors
Both qualitative and quantitative insights and analysis of the shifting luggage and leather goods retail dynamics from 2010 to 2020
Sales of luggage and leather goods through the following channels from 2010 to 2020: Department stores; other specialist retailers; online; hypermarkets, supermarkets and hard-discounters; value, variety stores and general merchandise retailers; other general and non-specialist direct retailers; cash and carries and warehouse clubs; duty free retailers; clothing, footwear, accessories and luxury goods specialists
An overview of key luggage and leather goods retailers operating across Canada and their presence across distribution channels
Reasons To Buy
Gain a comprehensive knowledge on luggage and leather goods sector in the Canada retail market and develop a competitive advantage from the start of your supply chain
Investigate current and forecast behaviour trends in luggage and leather goods category to identify the best opportunities to exploit
Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior
Understand the fastest growing categories including luggage and leather goods, with insights on performance across key channels from 2010, with forecasts until 2020
Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the luggage and leather goods market
Analysis of key international and domestic players operating in the luggage and leather goods market including store counts and revenues that give you a competitive edge identify opportunities to improve your market share
Table Of Contents
1 Introduction
1.1 What is this Report About?
2 Executive Summary and Outlook
3 Market Context
3.1 Sluggish economic growth possess new challenges to retailers
3.1.1 Retail sales recorded positive growth despite economic downturn
3.1.2 Declining savings rate is a positive call for retailers
3.1.3 Services sector continues to be the major sector for employment
3.1.4 Low inflation levels to benefit retailers
3.1.5 Rise in consumption expenditure- a positive sign to reckon with
3.1.6 Increasing urbanization offers growth opportunities for retailers
3.2 Aging population poses challenges for retailers
4 Canadian Shoppers
4.1 US based promotional offers drive retail sales in Canada
4.2 M-commerce fuels retailing in Canada
4.3 Chinese tourists boost retail sales in Canada
4.4 Price conscious consumers switch to private label brands
5 Doing Business in Canada
5.1 Summary
5.1.1 Bureaucracy
5.1.2 Business culture
5.1.3 Infrastructure and logistics
5.2 Business reforms in Canada in the past
5.3 Canada eases rules for foreign investors
6 Retail - Product Sectors
6.1 Product Sector Analysis
6.1.1 Luggage and Leather Goods
6.2 Luggage and Leather Goods Category Overview
6.2.1 Luggage and Leather Goods
6.3 Major Retailers
7 Appendix
7.1 Definitions
7.1.1 This report provides 2014 actual sales; while forecasts are provided for 2015 - 2019
7.2 Summary Methodology
7.2.1 Overview
7.2.2 The triangulated market sizing method
7.2.3 Industry surveys in the creation of retail market data
7.2.4 Quality control and standardized processes
7.3 About Conlumino
7.4 Disclaimer
List Of Tables
Table 1: Canada Luggage and Leather Goods Retail Sales (CAD mn), by Channel Group, 2010-2015
Table 2: Canada Luggage and Leather Goods Retail Sales Forecast (CAD mn), by Channel Group, 2015-2020
Table 3: Canada Luggage and Leather Goods Retail Sales (US$ mn), by Channel Group, 2010-2015
Table 4: Canada Luggage and Leather Goods Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020
Table 5: Canada Luggage and Leather Goods Retail Segmentation, by Channel Group, 2010-2020
Table 6: Key Luggage and Leather Goods Retailers in Canada
Table 7: Canada Exchange Rate CAD-USD (Annual Average), 2010-2015
Table 8: Canada Exchange Rate CAD-USD (Annual Average), 2016-2020 Forecasts
Table 9: Conlumino Retail Channel Definitions
Table 10: Conlumino Retail Category Definitions
List Of Figures
Figure 1: GDP Value (US$ billion), 2010-2015
Figure 2: Growth Rate of GDP (US$ billion, %), 2010-2015
Figure 3: GDP Value and Growth (CAD billion, %), 2010-2015
Figure 4: Forecasts for GDP Value and Growth (CAD billion, %), 2015-2020
Figure 5: Household Savings Rate (%), 2005-2015
Figure 6: Share of Employment by Sector (%), 2005 and 2015
Figure 7: Unemployment Rate (%), 2005-2015
Figure 8: Inflation Growth Rates (%), 2005-2015
Figure 9: Household Consumption Expenditure of Canada (CAD billion), 2005 and 2015E
Figure 10: Household Consumption Expenditure of Major Countries (US$ billion), 2015
Figure 11: Growth of Household Consumption Expenditure (US$, %), 2005-2015
Figure 12: Rural and Urban Populations (millions) 2005, 2015 and 2020
Figure 13: Total Population and Growth Rate (Millions, %), 2005-2020
Figure 14: Population Split by Gender (%), 2015 and 2020E
Figure 15: Population Split by Age Group (%), 2015 and 2020
Figure 16: Per Capita Spend on Retail (CAD), 2007 and 2015
Figure 17: Per Capita Spend (CAD) and Total Retail Spend by Age Group (%), 2007 and 2015
Figure 18: Promotional offers driving retail sales in Canada
Figure 19: Smartphone ownership in Canada
Figure 20: Key facts about Chinese tourists visiting Canada
Figure 21:Private label products offered by leading Canadian retailers
Figure 22: Key Components of Doing Business in Canada
Figure 23: Share of Luggage and Leather Goods in overall Retail 2015 and 2020
Figure 24: Retail Sales Value and Growth (CAD billion, %) of Luggage and Leather Goods 2015-2020
Figure 25: Spend per Head on Luggage and Leather Goods 2015 and 2020
Figure 26: Online Spend in Luggage and Leather Goods 2015-2020
Figure 27: Online Share of total Luggage and Leather Goods Spend 2015 and 2020
Figure 28: Spending per Channel in Luggage and Leather Goods (%) 2015 and 2020
Figure 29: Canada Luggage and Leather Goods Retail Sales and Forecast (CAD mn), by Channel Group, 2010-2020
Figure 30: The Triangulated Market Sizing Methodology
