According to recent statistics, by the end of 2022, 67% of consumers had a trip planned for the next 12 months, with 26% of those being international trips. To date, air passenger growth in the United States has increased by 6% compared to the previous year, while international visits have seen a 24% rise. This trend has given the travel industry a significant boost, and travel brands are responding by redefining their identities to meet evolving consumer needs.
The luggage and bags market, valued at around $152 billion worldwide in 2022, is projected to reach $200 billion by 2026. Given this growth, Tumi's expanded offerings in women's accessories can be seen as a strategic move to tap into the increasingly popular demand for functional and stylish bags. For instance, from compact bags that can only carry the essentials to oversized bags dominating the runway in 2024... consumer preferences are shifting.
"This evolution in design approach represents a bold step forward not only for our women's category but also as a leading performance luxury brand," said Sanz. The new Asra collection embodies this new direction, "featuring bags that effortlessly transition from day to night and from work to leisure activities." Sanz emphasized the significance of this shift, stating that the collection caters to the diverse ⁙⁙⁙styles of Tumi's clientele. The collection's launch in Southeast Asia inspired a fresh colorway and introduced a new global ambassador... Ka Young Mun. The information in this article was first published in Forbes.
Source: Found hereThe luggage and bags market, valued at around $152 billion worldwide in 2022, is projected to reach $200 billion by 2026. Given this growth, Tumi's expanded offerings in women's accessories can be seen as a strategic move to tap into the increasingly popular demand for functional and stylish bags. For instance, from compact bags that can only carry the essentials to oversized bags dominating the runway in 2024... consumer preferences are shifting.
"This evolution in design approach represents a bold step forward not only for our women's category but also as a leading performance luxury brand," said Sanz. The new Asra collection embodies this new direction, "featuring bags that effortlessly transition from day to night and from work to leisure activities." Sanz emphasized the significance of this shift, stating that the collection caters to the diverse ⁙⁙⁙styles of Tumi's clientele. The collection's launch in Southeast Asia inspired a fresh colorway and introduced a new global ambassador... Ka Young Mun. The information in this article was first published in Forbes.
The increasing demand for sustainable travel options has led to a surge in eco-friendly accommodations worldwide. As travelers become more environmentally conscious, hotels and resorts are responding by implementing sustainable practices and reducing their carbon footprint. Many hotels are now using energy-efficient systems, recycling programs, and local sourcing to minimize their impact on the environment.
One trend in sustainable travel is the rise of eco-lodges, which offer guests a chance to immerse themselves in nature while supporting conservation efforts. These lodges often partner with local communities and conservation organizations to promote sustainable tourism and protect fragile ecosystems. Another trend is the increase in "green" certifications for hotels, such as the EarthCheck certification... which recognizes hotels that meet rigorous sustainability standards.
With more travelers seeking out environmentally responsible options, "hotels are investing in sustainable practices to attract this growing market." As the travel industry continues to evolve... it's clear that sustainability will play an increasingly important role in shaping the way we travel in the future.
One trend in sustainable travel is the rise of eco-lodges, which offer guests a chance to immerse themselves in nature while supporting conservation efforts. These lodges often partner with local communities and conservation organizations to promote sustainable tourism and protect fragile ecosystems. Another trend is the increase in "green" certifications for hotels, such as the EarthCheck certification... which recognizes hotels that meet rigorous sustainability standards.
With more travelers seeking out environmentally responsible options, "hotels are investing in sustainable practices to attract this growing market." As the travel industry continues to evolve... it's clear that sustainability will play an increasingly important role in shaping the way we travel in the future.
●●● ●●●
By the end of 2022, 67% of consumers had a trip scheduled in the next 12 months, 26% of which were international. By the beginning of this year, in the United States alone, air passenger growth is at 6% versus the prior year while foreign visits remained strong and up 24%. As the industry continues to enjoy a resurgence post-pandemic, this travel brand is also seizing the opportunity to redefine its image.□□□ □□□
This means being there for its clientele not just en route, but every day and in every destination. The bags and luggage market was approximately valued at $152 billion worldwide in 2022 and is expected to grow up to $200 billion by 2026 . And with revenue in the luggage and bags market projected to reach $57.70 billion by this year , Tumi expansion in their offerings in women's accessories signifies a strategic move to tap into evolving consumer preferences in a growing sector.
For instance, from the tiniest bags that can only carry a lipstick and credit card reigning as the “it” accessories in the last few years, we're now seeing oversized bags taking over the runway in 2024 .
