USA Luggage Market Overview, 2029

The United States luggage market is experiencing significant growth, driven by an increase in travel frequency and evolving consumer preferences. This market encompasses a wide range of products, including travel bags, business luggage, and casual bags, catering to diverse consumer needs. The rise of e-commerce has further transformed the landscape, allowing consumers to easily explore and purchase luggage from various brands, enhancing accessibility and convenience. One of the key factors contributing to the growth of the luggage market in the U.S. is the increasing disposable income among consumers. As more individuals and families engage in travel, whether for leisure or business, the demand for quality luggage has surged. This trend is complemented by innovations in luggage design and functionality, such as the introduction of smart luggage equipped with GPS tracking and USB charging capabilities. These advancements appeal particularly to tech-savvy younger travelers who prioritize convenience and security. In terms of brand preferences, well-established names like Samsonite, Tumi, and American Tourister are among the most purchased by U.S. consumers. Samsonite, in particular, is recognized for its durability and innovative designs, making it a popular choice for both casual and frequent travelers. The market also sees competition from luxury brands such as Louis Vuitton and Rimowa, which cater to consumers seeking premium products. Various associations and organizations play a role in the luggage market, focusing on industry standards and consumer protection. For instance, the American Luggage Association (ALA) advocates for the interests of luggage manufacturers and promotes best practices within the industry. Such associations contribute to the overall growth and sustainability of the market by fostering innovation and addressing consumer concerns regarding quality and safety. As the market continues to evolve, sustainability is becoming a prominent theme, with brands increasingly adopting eco-friendly materials and production processes. According to the research report "United States Luggage Market Overview, 2029," published by Bonafide Research, the United States luggage market is anticipated to grow at more than 3.86% CAGR from 2024 to 2029. The U.S. luggage market is experiencing robust growth, driven by several key factors that are reshaping consumer behavior and industry dynamics. One of the primary drivers is the resurgence of travel, both domestic and international, as pandemic restrictions have eased. This increase in travel frequency has led consumers to seek high-quality, durable luggage that can withstand the rigors of modern travel. The rise of e-commerce has transformed the shopping experience, allowing consumers to easily compare products, read reviews, and make informed purchasing decisions from the comfort of their homes. The convenience of online shopping is particularly appealing, as it offers a wider selection and often better pricing than traditional retail outlets. Changing consumer preferences are influencing the types of luggage being purchased. There is a noticeable shift towards smart luggage, which incorporates technology such as GPS tracking, built-in charging ports, and enhanced security features. This trend is particularly popular among younger travelers, including millennials and Gen Z, who prioritize functionality and innovation in their travel accessories. The demand for sustainable products is also on the rise, with consumers increasingly seeking luggage made from eco-friendly materials and produced through ethical manufacturing processes. Key players in the U.S. luggage market, such as Samsonite, Tumi, and American Tourister, are adapting to these trends by investing in research and development to create innovative products that meet evolving consumer needs. These brands are not only focusing on durability and functionality but also on aesthetic appeal, offering a range of stylish options that cater to various demographics. Industry associations like the American Luggage Association (ALA) play a crucial role in supporting the market's growth by promoting best practices and advocating for the interests of manufacturers.

Travel Bags are designed for various travel needs, including suitcases, duffel bags, and backpacks. They are popular due to the increasing frequency of domestic and international travel, catering to tourists and business travelers alike. This segment is projected to hold a significant share of the market, driven by the demand for durable, lightweight, and versatile options that accommodate different travel styles. Casual Bags encompass a wide range of products used for everyday activities, such as tote bags, messenger bags, and backpacks. This segment is expected to dominate the market, accounting for over half of the total sales. The rise in casual travel, along with lifestyle changes that prioritize convenience and style, has led to increased consumer preference for casual bags. Their versatility makes them suitable for both leisure and light travel. Business Bags, including briefcases and laptop bags, cater to professionals who require functional and stylish options for work-related travel. As remote work and business travel continue to grow, this segment remains crucial, appealing to consumers seeking quality and organization in their luggage. Traditional Luggage includes conventional suitcases, duffel bags, and backpacks designed primarily for functionality and durability. This type of luggage has been the mainstay in the market, appealing to a broad range of consumers due to its reliability and simplicity. Traditional luggage is often favored by travelers who prioritize classic designs and straightforward features without the complexities of technology. Smart Luggage represents a newer segment that integrates advanced technology into luggage design. Features such as GPS tracking, built-in charging ports, and digital locking systems are becoming increasingly popular. This form of luggage caters to tech-savvy travelers who seek convenience, security, and connectivity while on the go. The rise of smart luggage reflects changing consumer preferences, particularly among younger generations who value innovation and functionality in their travel accessories. Smart Luggage is experiencing significant growth in the U.S. market. This increase is driven by the growing demand for technology-enhanced travel solutions that offer added convenience and security. As consumers become more reliant on their devices, the appeal of luggage that can charge smartphones or provide real-time tracking is evident. The expansion of smart luggage is expected to reshape the market, as manufacturers innovate to meet the rising expectations for integrated technology. The growth of smart luggage not only enhances consumer experience but also encourages manufacturers to invest in research and development, ultimately driving competition and innovation within the luggage market. As smart luggage becomes more mainstream, it is likely to attract a wider audience, contributing to the overall expansion of the luggage industry. Offline Channels include traditional retail environments such as department stores, specialty shops, hypermarkets, and discount stores. This segment has historically dominated the luggage market, as consumers often prefer to physically inspect products before making significant purchases. The tactile experience allows customers to assess the quality, design, and features of luggage, which is crucial for items that are considered long-term investments. Moreover, offline stores provide personalized customer service, enabling shoppers to receive expert advice and recommendations tailored to their travel needs. This interaction fosters trust and confidence in the purchasing decision, leading to higher conversion rates. Online Channels, on the other hand, have gained substantial traction in recent years. The convenience of shopping from home, coupled with the ability to compare prices and read extensive customer reviews, has made online shopping increasingly appealing. E-commerce platforms like Amazon and Walmart dominate this space, offering a vast selection of luggage options and competitive pricing. The rise of mobile shopping apps and advancements in technology has further enhanced the online shopping experience, making it easier for consumers to find and purchase luggage that meets their specific requirements. In the U.S., online channels are currently experiencing a significant increase in product purchases, driven by the convenience they offer. Consumers appreciate the ability to browse a wide range of products without the constraints of physical store hours, and the accessibility of detailed product information and customer feedback supports informed purchasing decisions. Considered in this report • Geography: United States (US) • Historic Year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • United States (US) Elevator & Escalator Market with its value and forecast along with its segments • Application wise tire industry distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type: • Travel Bag • Causal Bag • Business Bag • Other Bag

By Form: • Traditional Luggage • Smart Luggage By Distribution Channel: • Offline Channel • Online Channel The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to elevator & escalator industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.