Global Luggage Market Research Report by Product Type, by Type, by Price Range, by Raw Material, by End User, and by Distribution Channel Forecast till 2032

Description

List of Tables

Global Luggage Market Research Report by Product Type [Trolleys (Soft Trolleys, Hard Trolleys, Hybrid Trolleys, Duffel Trolleys), Duffle Bags, Backpacks], by Type (Smart, Standard), by Price Range (Economy, Premium), by Raw Material (Polyester, Aluminum, Ballistic Nylon, Leather, Others), by End User (Men, Women, Unisex), and by Distribution Channel (Store-Based, Non-Store Based) Forecast till 2032

Industry Overview

The global luggage market is expected to achieve a valuation of USD 107,725.5 million by 2032, with a CAGR of 6.1% between 2023 and 2032. Luggage is the collection of bags and suitcases used by travelers to pack clothes, personal items, and essentials. It serves both functional and protective purposes, ensuring belongings are safe and organized during trips. Different types of luggage are designed to suit various travel needs, from business to leisure.

The global luggage market is being significantly fueled by a combination of higher disposable incomes and increased international travel. Shoppers with more money to spend are acquiring luxury, long-lasting, and trendy travel bags to reflect the upward fashion that goes along with their lifestyles. Meanwhile, the demand for bags is rising since air travel is becoming more affordable, digital booking platforms are easier to use, and transport systems are improving. Moreover, as consumers become more conscious of environmental issues and technology, smart features and eco-friendly materials are becoming common in modern luggage, which is changing the perception of travel from inconvenience to convenience and style.

Major Company Development

Away has celebrated major moments with its recent activities. In August 2023, the company revealed its plans for the revival of the Classic line, a series of redesigned and updated luggage pieces, which is both the company's original and one of the most recognizable among modern travelers' styles. In line with its consumer-centric approach, Away launched in February 2024 a new collection that characteristically presents Island Pink bags and accessories. Apart from the practical aspect of the luggage, this colorful and playful design also allows travelers to be seduced by an elegant and functional look during their seasonal journeys.

Key Players

Major players in the global luggage market are Samsonite IP Holdings S.ar.l., HORIZN STUDIOS, Modobag, Away, Samsara Luggage, Travelpro Products, Inc., Kabuto, Tripp Ltd, EVOC, and VIP Industries Limited.

Report Attribute Details

Market Size 2022 USD 49518.2 Million

Market Size 2032 USD 107725.5 Million

CAGR (2023-2032) 6.1%

Base Year 2022

Market Forecast Period 2023-2032

Industry Segmentations

By Product Type: Trolleys - 5.2%, Duffle Bags - 5.8%.

By Type: Smart - 16.2%, Standard - 4.9%.

By Price Range: Economy - 5.2%, Premium - 8.9%.

By Raw Material: Polyester - 5.1%, Aluminum - 7.5%.

By End User: Men - 5.6%, Women - 5.8%.

By Distribution Channel: Store-Based - 5.6%, Non-Store Based - 8.7%.

Regional Analysis

In North America, the luggage market is shaped by consumers' lifestyle choices, particularly the rise of experiential travel and adventure tourism. U.S. travelers are getting more interested in suitcases for trekking, camping, and short trips. The U.S. dominated North America's luggage market in 2022 with USD 11,531.6 million, while Canada added USD 1,058.5 million.

Europe is a saturated market, and the preferences of consumers keep the demand for high-quality and stylish bags in the future. France reflects the trendsetter side of the region, while Germany's focus on quality is a sign of the mixture of luxury and practicality that defines the area. The UK topped the region at USD 2,044.3 million, supported by France at USD 1,865.1 million and Germany at USD 1,485.8 million.

The Asia Pacific region is witnessing a dramatic surge in leisure and international travel, particularly among younger demographics. The market is mainly driven by China's middle class, which is steadily increasing, and by India's rapidly growing festival and religious tourism. APAC growth was driven by China's USD 6,874.6 million, alongside India's USD 4,554.9 million and Japan's USD 1,602.8 million.

South America's luggage market is influenced by diverse cultural and geographical travel needs. Brazil's strong corporate travel culture boosts demand for professional, sleek luggage, while Argentina and Chile foster interest in rugged bags for trekking and outdoor exploration. Increasing eco-tourism encourages sustainable luggage choices.

Luxury travel and rising international arrivals are reshaping the Middle East & Africa luggage market. The UAE and Saudi Arabia are major hotspots for high-end luggage brands, while Africa's wildlife safaris and cultural trips drive rugged luggage demand. Online retail adds convenience, expanding accessibility to premium products.

Product Code: MRFR/CR/20159-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING DISPOSABLE INCOME AND INCREASING TRAVEL
- 4.2.2 GROWING INNOVATIONS BY KEY PLAYERS
- 4.2.3 THE RISE OF ONLINE TRAVEL BOOKING PLATFORMS
4.3 RESTRAINTS
- 4.3.1 FLUCTUATING PRICES OF RAW MATERIALS
- 4.3.2 COMPETITION FROM COUNTERFEIT PRODUCTS
4.4 OPPORTUNITY
- 4.4.1 EXPANSION OF ONLINE RETAIL AND E-COMMERCE
- 4.4.2 GROWTH OF THE TRAVEL AND TOURISM INDUSTRY
4.5 CHALLENGES
- 4.5.1 COMPETITION FROM LOW-COST MANUFACTURERS
4.6 STRATEGIC INSIGHTS
- 4.6.1 TECHNOLOGY UPDATE
- 4.6.2 REGIONAL MARKETS TO LOOKOUT FOR
4.7 REGULATORY UPDATE
4.8 MARKET TRENDS
4.9 IMPACT ANALYSIS OF COVID-19
- 4.9.1 IMPACT ON OVERALL BAG INDUSTRY
  - 4.9.1.1 ECONOMIC IMPACT
- 4.9.2 IMPACT ON GLOBAL LUGGAGE MARKET
- 4.9.3 IMPACT ON THE SUPPLY CHAIN OF LUGGAGE
- 4.9.4 IMPACT ON MARKET DEMAND OF LUGGAGE
  - 4.9.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.9.4.2 CONSUMER SENTIMENTS
- 4.9.5 IMPACT ON PRICING OF LUGGAGE
- 4.9.6 CONSUMER BEHAVIOR ANALYSIS

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURING / PRODUCTION/ PROCESSING
- 5.1.3 PACKING
- 5.1.4 DISTRIBUTION
- 5.1.5 END-USER
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.2.1.1 RAW MATERIAL SUPPLIERS
  - 5.2.1.2 MANUFACTURERS
  - 5.2.1.3 DISTRIBUTION CHANNEL
  - 5.2.1.4 END-USER
- 5.2.2 INTEGRATION LEVELS
- 5.2.3 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 BARGAINING POWER OF BUYERS
- 5.3.3 THREAT OF NEW ENTRANTS
- 5.3.4 THREAT OF SUBSTITUTES
- 5.3.5 INTENSITY OF RIVALRY

6 GLOBAL LUGGAGE MARKET, BY PRODUCT TYPE

6.1 INTRODUCTION
6.2 TROLLEY
- 6.2.1 SOFT TROLLEY
- 6.2.2 HARD TROLLEY
- 6.2.3 HYBRID TROLLEY
- 6.2.4 DUFFEL TROLLEY
6.3 DUFFLE BAGS
6.4 BACKPACKS

7 GLOBAL LUGGAGE MARKET, BY TYPE

7.1 INTRODUCTION
7.2 SMART
7.3 STANDARD

8 GLOBAL LUGGAGE MARKET BY PRICE RANGE

8.1 INTRODUCTION
8.2 ECONOMY
8.3 PREMIUM

9 GLOBAL LUGGAGE MARKET, BY RAW MATERIAL

9.1 INTRODUCTION
9.2 POLYESTER
9.3 ALUMINUM
9.4 BALLISTIC NYLON
9.5 LEATHER
9.6 OTHERS

10 GLOBAL LUGGAGE MARKET, BY END-USER

10.1 INTRODUCTION
10.2 MEN
10.3 WOMEN
10.4 UNISEX

11 GLOBAL LUGGAGE MARKET, BY DISTRIBUTION CHANNEL

11.1 INTRODUCTION
11.2 STORE BASED
11.3 NONSTORE BASED

12 GLOBAL LUGGAGE MARKET, BY REGION

12.1 OVERVIEW
12.2 NORTH AMERICA
- 12.2.1 US
- 12.2.2 CANADA
- 12.2.3 MEXICO
12.3 EUROPE
- 12.3.1 GERMANY
- 12.3.2 AUSTRIA
- 12.3.3 SWITZERLAND
- 12.3.4 FRANCE
- 12.3.5 UK
- 12.3.6 SPAIN
- 12.3.7 ITALY
- 12.3.8 REST OF EUROPE
12.4 ASIA PACIFIC
- 12.4.1 CHINA
- 12.4.2 INDIA
- 12.4.3 JAPAN
- 12.4.4 SOUTH KOREA
- 12.4.5 REST OF ASIA PACIFIC
12.5 SOUTH AMERICA
- 12.5.1 BRAZIL
- 12.5.2 ARGENTINA
- 12.5.3 REST OF SOUTH AMERICA
12.6 MIDDLE EAST & AFRICA
- 12.6.1 GCC COUNTRIES
- 12.6.2 TURKEY
- 12.6.3 NORTHERN AFRICA
- 12.6.4 SOUTHERN AFRICA

13 COMPETITIVE LANDSCAPE

13.1 INTRODUCTION
13.2 COMPETITION DASHBOARD
- 13.2.1 PRODUCT PORTFOLIO
- 13.2.2 REGIONAL PRESENCE
- 13.2.3 STRATEGIC ALLIANCES
- 13.2.4 INDUSTRY EXPERIENCES
13.3 MARKET SHARE ANALYSIS, 2022
13.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS
13.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
13.6 THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL LUGGAGE MARKET
13.7 LIST OF KEY PLAYERS, BY REGION
13.8 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
13.9 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 13.9.1 PRODUCT LAUNCH
- 13.9.2 COLLABORATION

14 COMPANY PROFILES

14.1 SAMSONITE IP HOLDINGS S.AR.L.
- 14.1.1 COMPANY OVERVIEW
- 14.1.2 FINANCIAL OVERVIEW
- 14.1.3 PRODUCTS OFFERED
- 14.1.4 KEY DEVELOPMENTS
- 14.1.5 SWOT ANALYSIS
- 14.1.6 KEY STRATEGY
14.2 HORIZN STUDIOS
- 14.2.1 COMPANY OVERVIEW
- 14.2.2 PRODUCTS OFFERED
- 14.2.3 KEY DEVELOPMENTS
- 14.2.4 SWOT ANALYSIS
- 14.2.5 KEY STRATEGY
14.3 MODOBAG
- 14.3.1 COMPANY OVERVIEW
- 14.3.2 PRODUCTS OFFERED
- 14.3.3 SWOT ANALYSIS
- 14.3.4 KEY STRATEGY
14.4 AWAY
- 14.4.1 COMPANY OVERVIEW
- 14.4.2 PRODUCTS OFFERED
- 14.4.3 KEY DEVELOPMENTS
- 14.4.4 SWOT ANALYSIS
- 14.4.5 KEY STRATEGY
14.5 SAMSARA LUGGAGE
- 14.5.1 COMPANY OVERVIEW
- 14.5.2 FINANCIAL OVERVIEW
- 14.5.3 PRODUCTS OFFERED
- 14.5.4 SWOT ANALYSIS
- 14.5.5 KEY STRATEGY
14.6 TRAVELPRO PRODUCTS, INC
- 14.6.1 COMPANY OVERVIEW
- 14.6.2 PRODUCTS OFFERED
- 14.6.3 SWOT ANALYSIS
- 14.6.4 KEY STRATEGY
14.7 KABUTO
- 14.7.1 COMPANY OVERVIEW
- 14.7.2 PRODUCTS OFFERED
- 14.7.3 KEY DEVELOPMENTS
- 14.7.4 SWOT ANALYSIS
- 14.7.5 KEY STRATEGY
14.8 TRIPP LTD
- 14.8.1 COMPANY OVERVIEW
- 14.8.2 PRODUCTS OFFERED
- 14.8.3 KEY DEVELOPMENTS
- 14.8.4 SWOT ANALYSIS
- 14.8.5 KEY STRATEGY
14.9 EVOC
- 14.9.1 COMPANY OVERVIEW
- 14.9.2 PRODUCTS OFFERED
- 14.9.3 KEY DEVELOPMENTS
- 14.9.4 SWOT ANALYSIS
- 14.9.5 KEY STRATEGY
14.10 VIP INDUSTRIES LIMITED
- 14.10.1 COMPANY OVERVIEW
- 14.10.2 FINANCIAL OVERVIEW
- 14.10.3 PRODUCTS OFFERED
- 14.10.4 KEY DEVELOPMENTS
- 14.10.5 SWOT ANALYSIS
- 14.10.6 KEY STRATEGY
14.11 DATA CITATIONS