Global Travel Luggage Market Overview, 2029

Travel and tourism is one of the largest sectors that contribute a large chunk of revenue for most of the countries. Travel does not come alone; some factors always come with it, and the most common one is luggage. Travel bags are the commonly used commodity for transporting luggage. There are many innovations and changes in the design of travel bags, so even today we have several alternatives of lightweight and durable bags accompanied by a variety of designs and other characteristics. These selection criteria go with such changing lifestyles, increased income, and popularity of tourism across different nations, helping the travel bags business. Whereas business travelers often require special luggage, such as a briefcase or a rolling suitcase. Increased demand for specialized bags to travel, therefore, is witnessed due to this business traveler increase. "Some 251 million trips in the United States - of which approximately 182.7 million were domestic and inbound business trips - worldwide generated revenues of about USD 1.8 trillion in 2021; meanwhile, during the previous year, 182.7 million business trips in the United States had accounted for USD 1.3 trillion," the UN World Tourism Organization (UNWTO) reported. The increasing mobility and growing tendency to experience new places, cultures, and adventures have made travel and outings an important part of lifestyle for many. That has given a big fillip to the luggage market. There is a great deal of requirement for luggage of various types-suitcases, bags, backpacks, and other related travel accessories-for carrying all sorts of belongings comfortably during journeys. As the travel trend increases, so is that of the suitcase and travel bag segment of the overall luggage business. For instance, in June 2023, Marven Korea-a travel bag specialist entered a license agreement with Lagarde Active Enterprises regarding the 'Elle' travel bag division. Elle' travel bag French sensibility gives with a trendy design and luxurious color, specializes in some serious competition.

According to the research report, “Global Travel Luggage Market Overview, 2029” published by Bonafide Research, the Global Travel Luggage market is anticipated to cross USD 35.83 Billion by 2029, increasing from USD 25.76 Billion in 2023. The market is expected to grow with a 5.67% CAGR from 2024 to 2029. The need for travel is rising and has been characterized by specialized luggage for specific purposes. Adventure travelers require rather rough, hard-wearing, rugged equipment that allows them to survive in harsher conditions, while business travelers look for sleek, functional cases that meet their professional roles. This diversification of styles of luggage is followed by companies focusing on niche markets and fully satisfying the specific requirements of various market segments of travelers. This, in return, has created a demand from the manufacturers to innovate and provide various kinds of luggage products fitting different groups of passengers, such as light luggage easy to carry and convenient, smart luggage to catch up with needs technology demands, and fashionable luggage for style-minded customers. Thus, sales volumes in this market have emerged one of the fast-growing markets in recent years. Increased domestic and international travel and increasing disposable income together increase demand for durable and fashionable luggage. There is greater technological development in material and design, raising the durability as well as functionality of luggage products that encourages further market growth. Changing consumer preference from convenience and customization boosts the luggage market growth. The tourism industry reviving after coronavirus infections is the biggest stimulus for a huge surge in market. For instance, in July 2023, VistaJetlaunched a luxury luggage collection by collaborating with Valextra, a leather-goods brand, to offer a travel collection that complements its fleet of Global 7500 aircraft. Only a limited edition is produced. Available in the set are the original Aviettatravel bag, Boston travel bag, Costa suitcase in small and medium, slimline, and passport holder. Distinctive design details and exquisite handcrafted touch adorn each item sucha s Valextra'shand-painted black lacquered Costa edging and VistaJet'strademark winglet on the luggage.

Market Dynamics

Market Drivers

• Smart Technology Integration for Enhanced Security: The integration of smart technology into luggage for enhanced security features is a growing driver in the market. Innovations such as biometric locks, remote locking systems, and built-in alarms cater to the increasing consumer demand for security. These technologies provide added peace of mind, particularly for frequent travelers who seek advanced solutions to protect their belongings from theft or loss. The emphasis on high-tech security measures is attracting tech-savvy consumers and driving the adoption of smart luggage.
• Eco-Conscious Consumerism: A significant driver for the market is the rise in eco-conscious consumerism. Consumers are increasingly making purchasing decisions based on environmental impact, leading to a demand for luggage made from upcycled materials, organic cotton, and biodegradable fabrics. Brands that emphasize their commitment to sustainability and eco-friendly practices are gaining favor among environmentally aware buyers. This shift is prompting manufacturers to innovate in material sourcing and production methods to align with consumer values.



Market Challenges

• Technological Compatibility Issues: As travel luggage incorporates more advanced technologies, compatibility issues can arise. For instance, smart luggage with built-in batteries or tracking systems must comply with airline regulations and security protocols. Ensuring that technology integrates seamlessly with travel requirements and does not cause inconvenience or additional restrictions is a challenge. Manufacturers need to stay updated on regulatory changes and work closely with industry stakeholders to address these issues effectively.

Market Trends

• Focus on Modular and Multi-Functional Designs: Modular and multi-functional luggage designs are gaining popularity as travelers seek versatile and space-efficient solutions. Luggage with modular compartments, expandable sections, and interchangeable parts offers flexibility and convenience for various travel needs. These designs cater to consumers who value adaptability and efficient use of space, making it easier to organize and access belongings during travel. The trend towards modularity reflects a growing preference for practical and innovative travel gear.

Segmentation Analysis

Global travel luggage is one of the next fastest-growing markets, with a diverse range of materials like polyester, fabric, leather, and newer alternatives.

Polyester bag dominance is spreading through the softside category, popularized by lightweight and durable yet affordable features. Since travelers are mostly practical and fashionable, polyester bags treated for water resistance are able to supply budget-conscious consumers with a great deal of choices. Long-lasting and tear resistant, fabric luggage – nylon and other synthetic materials - is now in vogue due to its durability and use with travelers who frequent travel and require versatile modes of transportation. Traditionally identified with luxury, leather luggage is now carving a niche market as high-end customers seek excellent craftsmanship and exclusiveness. A growing number of luxury shopping destinations and the penchant for travel accessories customized to suit each customer's taste are other factors driving demand for leather products. This category is indeed symptomatic of new ways in which luxury-seeking consumers view premium products that typify status and style. Hardside is also gathering popularity due to rising demand for it, especially from travelers who have placed an emphasis on security and durability. Moreover, other new innovations in smart luggage include GPS tracking devices and USB charging ports that are transforming what the consumer has gotten accustomed to in traveling. All this spells good news to tech-crazy tourists, who value being done with hassle so they can keep connected.

The luggage market at the global level has continued to grow, evolve, and change especially in the duffle bag market, the trolley, and the market for backpacks.

The duffle bags have gained popularity, mainly due to their lightweight and flexible design. This makes them ideal for short trips and carry-on luggage. The global duffle bag market is part of the broader category of travel bags, which is expected to experience great growth due to enhanced traveling and tourism activities. Duffle bags appeal to young travelers and adventure enthusiasts as they are extremely versatile and easy to store. Also, there are even more eco-friendly duffle options available from Samsonite and North Face; such consumers can, too, find value using them. Casual, sporty aesthetics in luggage design have further helped popularize duffle bags. The most dominating species in the luggage business is trolleys or rolling suitcases, primarily because they are easy to handle and handy in city use. The hard-shell trolley segment emerged relatively recently, offering better protection for items. The demand for smart luggage features like built-in charging ports, GPS tracking, and digital locks has also driven this category. Major players like Rimowa and Samsonite are always ahead of the curve in terms of technology, integrating into their trolley designs for the highly tech-savvy traveler. Thus, the trolley segment will flourish as more and more consumers increasingly pay more attention to convenience and functionality when it comes to their travel gear. For day trips, as well as exploration of an urban setting, customers like hands-free convenience of backpacks. Improvements in materials and ergonomic design have enhanced their comfort and functionality, even to make them suitable for business travel. Branded products like Osprey and Deuter offer high-quality, hard-wearing, fashionable, and all-considered solutions for outdoor and travel needs.

Based on the report, the global luggage market spreads across premium, middle range and low priced.

The premium segment is dominated by luxury brands Louis Vuitton, Chanel, and Hermès who focus on creating high class items with a concentration on craftsmanship and innovation for the taste of affluent travelers. The costs of these luxury travel bags stand at more than $500, which involve advanced materials, sophisticated features, and timeless designs. That growing middle and upper classes in developing countries perceive traveling as a status symbol and proof of personal style contributes to this category's demand for premium luggage. Brands in this category can succeed exclusively through customization and with better services than their competitors. The medium-priced range appeals to a broader segment by adjusting the level of quality and pricing. Brands such as Samsonite, Briggs & Riley, and Delsey provide rugged, functional pieces of luggage, thus combining utility features without luxury prices. In general, this group falls within a price range of $200 to $500 and is marketed towards frequent travelers and families wanting value for money. The rise in disposable incomes and growth in domestic and international travels are the driving forces of demand for highly reliable and fashionable luggage within the medium range. The low price range is for people seeking 'back of the door' luggage of functional convenience at an affordable price. The price cap for this range is generally below $200. It brings such unbranded or lesser-known brands offering features and materials at a basic level to meet the needs of such occasional travelers and students. The low-cost luggage is typical of the proportion of those people who have limited disposable incomes and can afford travel comfortably. Brands in this segment offer affordability, durability, and ease of use, with an emphasis on attracting price-sensitive consumers.

Distribution channels in the international travel luggage market are highly diversified and multi-dimensional for various consumer preferences and regional dynamics which are segmented into offline and online..

Offline channels are strong due to specialized luggage stores offering an experience of buying and serving with human touch. They usually land in urban centers and offer customers a chance to inspect and compare products from different brands physically. Department stores and large retail chains, such as Macy's in the United States, Galeries Lafayette in France, and Takashimaya in Japan, offer wide ranges at competitive prices with continuous promotions and sales. Hypermarkets and discount stores, such as Walmart in the United States and Carrefour in Europe, touch the price-sensitive market through a large number of affordable luggage options. Luggage distribution network has developed highly rapidly and innovatively around the globe through online channels. Market leaders, Amazon, Alibaba, and eBay provide the maximum possible inventories with detailed product descriptions, customer reviews, and fast delivery services. Periodic promotion on these platforms draws in huge consumer activity. Each brand hosts its own website, from where the customer can view exclusive offers, product individualization, and product information. Online specialty stores for luggage and travel accessories are present in the United States, such as eBags.com, and in Germany, like Koffer-Direkt.de, offering the products according to curated collections along with personal advice from experts. Increasing trends in the luggage industry around the globe include social commerce and cross-border e-commerce. Platforms, such as Instagram Shopping and Pinduoduo in China, combine social media and e-commerce to let users find, discover, and purchase products based on recommendations and reviews. Cross-border platforms in China, such as Tmall Global and Kaola, allow consumers to access international brands of luggage that are not available in their home countries. The global travel luggage market benefits from advancements in logistics and digital infrastructure, ensuring fast and reliable delivery. Mobile payment and digital wallet integration enhance the overall online shopping experience.

Regional Analysis

The Asia-Pacific (APAC) region is experiencing significant growth in the global travel luggage market primarily due to the rising middle-class population and increasing disposable incomes, which have led to a surge in domestic and international travel.

As more individuals in countries like China, India, and Southeast Asian nations attain higher income levels, they are more inclined to travel for leisure and business purposes. This trend is supported by improved transportation infrastructure, including expanded airport capacities and enhanced connectivity through low-cost airlines, which make travel more accessible. Additionally, favorable exchange rates and simplified visa processes have further encouraged cross-border travel. The burgeoning middle class in APAC is characterized by a growing appetite for quality products, including luggage that combines functionality with style. As these consumers become more brand-conscious, they seek durable and aesthetically pleasing luggage options that reflect their lifestyle choices. This shift has prompted manufacturers to innovate continuously, introducing smart luggage features such as GPS tracking, USB charging ports, and advanced materials that enhance durability while remaining lightweight. The increasing influence of e-commerce has also played a crucial role in market expansion, enabling consumers to easily compare products and make purchases online, thus broadening their access to various brands and styles. The rise of experiential travel where consumers prioritize unique experiences over mere sightseeing has led to a demand for specialized luggage that caters to specific travel needs, such as adventure or business trips. The integration of technology into luggage design not only meets the convenience expectations of modern travelers but also positions luggage as an essential travel accessory rather than just a functional item.

Key Developments

• In July 2023, Louis Vuitton was scheduled to unveil the Taurillon Monogram collection at the Echoing Maison runway. The new collection would include several iconic pieces: the Christopher backpacks, the slim Sac Plat mini, and the Keepall25.
• Samsonite launched its Luggage Trade-In campaign offer in April 2023. The company is showing its commitment to sustainability. Samsonite challenged and mobilized the public to trade in any brand and size with its local partners WWF Philippines and Envirotech, coupled with up to 35 percent off on Samsonite's Oc2Lite and Niarmodels.
• In August of 2022 , Samsonite introduced a new luggage line made from yogurt cups and plastic bottles, known as "Magnum Eco". In this new series of luggage, which contains plastic mineral water bottles that have been reconfigured into the outer layers for hard-side cases.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Travel Luggage market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Material Types
• Polyester
• Fabric
• Leather
• Others

By Luggage Types
• Duffle
• Trolley
• Backpacks

By Price Ranges
• Premium Price
• Medium Price
• Low Price

By Distribution Channels
• Offline
• Online?

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Travel Luggage industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.