New Market Study Published: Luxury Travel Goods in Canada
The market showed signs of gradual yet steady recovery through the review period, supported by an improved economy and growth in the Canadian travel industry. Outbound trips by Canadians increased by 4% in 2013, with the number of domestic trips up by 3%. While travel-related markets in general benefited from the trend, growth in the sale of luxury travel goods was underpinned by the increasing participation of the younger generation, a significant portion of whom are spenders and have an...
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