PUBLISHER: The Business Research Company | PRODUCT CODE: 1727934
PUBLISHER: The Business Research Company | PRODUCT CODE: 1727934
Smart luggage refers to travel bags and suitcases that are equipped with advanced technology, including GPS tracking, built-in charging ports, and biometric locks. These features are designed to improve convenience, security, and efficiency for travelers, enabling easy tracking of luggage locations, on-the-go charging of devices, and enhanced safety with remote locking systems. Smart luggage blends traditional functionality with modern technological advancements to make travel more seamless.
The primary smart luggage products include duffel bags, strollers, travel backpacks, and others. A duffel bag is a large, cylindrical bag typically made from cloth or flexible materials, commonly used for travel or sports. It incorporates technologies such as sensors, SIM cards, USB charging, and connectivity features, and is made from materials such as nylon, leather, canvas, and plastic. These products are available through specialty stores, online platforms, brand stores, and other retail channels.
The smart luggage market research report is one of a series of new reports from The Business Research Company that provides smart luggage market statistics, including smart luggage industry global market size, regional shares, competitors with a smart luggage market share, detailed smart luggage market segments, market trends and opportunities, and any further data you may need to thrive in the smart luggage industry. This smart luggage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The smart luggage market size has grown rapidly in recent years. It will grow from $2.11 billion in 2024 to $2.51 billion in 2025 at a compound annual growth rate (CAGR) of 19.0%. The growth during the historic period can be attributed to the increasing demand for smart travel luggage, the growing interest in travel technology, the expansion of infrastructure related to tourist destinations, the rise in air travel, and the increasing incidences of theft at airports and public places.
The smart luggage market size is expected to see rapid growth in the next few years. It will grow to $4.98 billion in 2029 at a compound annual growth rate (CAGR) of 18.7%. The growth in the forecast period is expected to be driven by rising consumer spending on travel, greater access to reliable Wi-Fi and Bluetooth features, an increasing number of tech-savvy travelers, a growing demand for improved travel convenience and security, and the expansion of infrastructure at tourist destinations. Key trends during this period include the integration of smart technology, the use of IoT technology, the rise of technology-enabled products, advancements in sensor technology, and continuous product innovation.
The increasing popularity of air travel is expected to drive the growth of the smart luggage market in the coming years. Air travel, which involves flying on airplanes or other aircraft, enables people and goods to travel long distances quickly between cities, countries, or continents. The growth in air travel is attributed to factors such as lower costs, faster travel times, improved connectivity, and the rising demand for global travel. Smart luggage plays a key role in enhancing air travel by offering features such as GPS tracking, remote locking, and built-in scales, ensuring convenience, security, and adherence to airline weight restrictions. Additionally, USB charging ports and proximity alerts help travelers stay connected and reduce the risk of lost or stolen baggage. According to the International Air Transport Association (IATA), a Canada-based international trade organization, total global air traffic in 2024 increased by 10.4% in terms of revenue passenger kilometers (RPKs), compared to 2023. International traffic grew by 13.6%, while domestic traffic saw a 5.7% increase. The rise in air travel is thus contributing to the demand for smart luggage.
Companies in the smart luggage industry are focusing on innovations such as wallet trackers, which help prevent loss and theft by offering real-time location tracking, smartphone alerts, and easy recovery of misplaced wallets. A wallet tracker is a small device, typically Bluetooth or GPS-enabled, designed to help users find lost wallets by connecting to a smartphone app. For example, in October 2023, Samsung, a South Korea-based electronics manufacturer, launched the Galaxy SmartTag2, an advanced Bluetooth tracker designed for backpacks. The new design features a ring shape that replaces the previous punch-hole design and supports both ultra-wideband and Bluetooth connectivity. Key features of the device include a "Lost Mode," allowing users to enter contact information to facilitate the recovery of lost items, and the Compass View feature, which provides directional guidance through on-screen arrows. Samsung has also improved the battery life for longer usability.
In January 2024, Ilustrato Pictures International Inc., a US-based investment firm, acquired a majority stake in Samsara Luggage Inc. for an undisclosed amount. As part of the acquisition, the company plans to rebrand with a new name and ticker symbol to reflect its strategic shift. Additionally, Ilustrato Pictures intends to expand its Emergency Response Technologies to support the objectives of its parent company. Samsara Luggage Inc., a US-based manufacturer of smart luggage, is at the center of this strategic move.
Major players in the smart luggage market are Samsonite International, Wrangler Brands Inc., Tumi Inc., Rimowa GmbH, Arlo Skye Inc., Delsey S.A., Heys International, Cargo Inc., Airwheel Technology Holding Limited, ECBC Inc., Horizn Studios, Modobag Inc., Plevo, ForwardX, July Inc., Weego Inc., Samsara Luggage, Monos Inc., Kabuto Inc., TraxPack Inc.
North America was the largest region in the smart luggage market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart luggage report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the smart luggage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smart luggage market consists of revenues earned by entities by providing services such as AI-powered travel assistance, self-weighing feature integration and others. The market value includes the value of related goods sold by the service provider or included within the service offering. The smart luggage market also includes sales of smart carry-ons, smart passport holders, smart laptop bags and smart trolley bags. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Smart Luggage Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on smart luggage market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for smart luggage ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smart luggage market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.