Boston, MA -- (SBWIRE) -- 11/25/2014 -- During the first half of 2014, fashion conscious South African women continued to demand bags, with handbags accounting for 78% of total bags value sales in South Africa during the year. Low-quality Chinese imports continued to achieve higher penetration in bags and luggage in South African, suppressing growth in the average unit price and expanding the assortment of products available at price points which are affordable for South African consumers.

Competitive Landscape

Busby Trading continued to lead bags and luggage in South Africa in 2013 with a 9% value share. The company continues to benefit from its wide brand portfolio and strong product range including Guess, Nine West, Frasers, Travelite, Delsey and Tumi, among others.

Industry Prospects

Bags and luggage in South Africa is expected to decline in value by 1% over the course of the entire forecast period. Economic pressures are expected to continue limiting demand for all non-essential purchases in South Africa over the forecast period, adding pressure to the already unfortunate financial positions of many consumers and placing limits on their ability to borrow money and purchase goods on credit. As a result of this, the majority of ordinary South Africans are likely to make adjustments to their spending, particularly when it comes to non-essential goods, including bags and luggage.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the Bags and Luggage industry in South Africa with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Bags and Luggage industry in South Africa, our research will save you time and money while empowering you to make informed, profitable decisions.

The Bags and Luggage in South Africa market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- How are sales of Travel Goods expected to perform by 2014?
- What impact does outbound and domestic tourism have on the sales of luggage?
- What share of the market do Leisure and Personal Goods retailers account for?

Reasons to Get this Report:

- Gain competitive intelligence about market leaders
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- Inform your marketing, brand, strategy and market development, sales and supply functions

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