PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1798283
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1798283
Global Travel Business Bags Market to Reach US$47.7 Billion by 2030
The global market for Travel Business Bags estimated at US$33.7 Billion in the year 2024, is expected to reach US$47.7 Billion by 2030, growing at a CAGR of 6.0% over the analysis period 2024-2030. Duffle, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$31.9 Billion by the end of the analysis period. Growth in the Trolley segment is estimated at 4.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$9.2 Billion While China is Forecast to Grow at 9.5% CAGR
The Travel Business Bags market in the U.S. is estimated at US$9.2 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$9.7 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.9% and 5.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
Global Travel Business Bags Market - Key Trends & Drivers Summarized
How Are Travel Business Bags Merging Utility with Prestige?
Travel business bags-from rolling garment carriers and laptop backpacks to executive briefcases-are designed for professionals balancing travel demands with workplace needs. Quality leather and technical nylon exteriors, TSA-compliant compartments, padded tech sleeves, and built-in USB charging ports are standard. Designers emphasize ergonomic handles, quiet spinners, and RFID-blocking pockets to meet both physical and digital security needs of traveling executives.
What Design Trends Define High-End Business Bags?
Smart luggage integration includes GPS trackers, scales, and powerbank terminals. Modular interior systems accommodate gym attire, work laptops, and documentation. Waterproof and abrasion-resistant treatments shield the exterior. Anti-microbial linings reduce pathogens during frequent travel. Customizable color panels, monogramming, and minimalist styles reflect brand identity. Innovations in telescoping handles powered by electric boost motors ease transit between terminals and meetings.
Who Drives Demand in This Segment?
Sales and consulting professionals seek bags that transition from international airports to boardrooms, combining tech protection with professional aesthetics. Venture-backed travelers appreciate branding and expandability. Corporate gifting and premium inventory programs need high-end cases that align with executive standards. Airlines and loyalty programs partner with manufacturers for co-branded gear. Hybrid live-and-virtual event attendees require easy-access tech organizer modules.
What Is Fueling the Growth of Business Travel Luggage?
The growth in travel business bags is driven by increased global corporate travel, the resurgence of executive roadshows and events post-pandemic, and demand for multifunctional smart luggage. Sustainability-conscious consumers drive adoption of vegan materials and repairable designs. Tech-enabled carry solutions support productivity-on-the-go. E-commerce platforms with virtual “try-on” tools stimulate sales. Luxury luggage brands cater to hybrid travellers seeking both practicality and prestige.
SCOPE OF STUDY:
The report analyzes the Travel Business Bags market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Luggage Type (Duffle, Trolley, Backpacks); Material (Hard Side Material, Soft Side Material); Distribution Channel (Supermarkets / Hypermarkets, Specialty Stores, Factory Outlet Distribution Channel, Online Distribution Channel, Other Distribution Channels)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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