Global Smart Luggage Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Duffel Bags, Strollers, Travel Backpacks, and Others.

By Material;

Polycarbonate, Ballistic Nylon, Canvas, Leather, and Tegris.

By Technology;

Connectivity(Wi-Fi, Bluetooth, GPS and RFID), Sensors, SIM Cards, and USB Charging.

By Application;

Real-time tracking, Proximity alerts, Remote locking, and Digital scaling.

By Distribution Channel;

Online Stores, Brand Outlets, Department Stores, Specialty Luggage Stores, and Duty-Free Shops.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn584357838 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Smart Luggage Market (USD Million), 2020 - 2030

In the year 2023, the Global Smart Luggage Market was valued at USD 1,616.40 million. The size of this market is expected to increase to USD 4,623.73 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 16.2%.

Smart luggage has emerged as a revolutionary product, integrating basic bag features with advanced functionalities to enhance consumer convenience. With battery-operated options allowing for smartphone charging via USB ports, it has garnered significant popularity among users. Evolving consumer preferences for diverse colors and textures present substantial growth prospects for industry players. Prominent companies are diversifying their smart luggage offerings across various categories such as business travel, tourism, and outdoor activities to cater to diverse consumer demands. Integration of digital locking systems, including pattern, pin, and password locks, along with remote locking features, addresses concerns regarding material loss from luggage.

The incorporation of technological advancements like IoT, Bluetooth connectivity, and GPS tracking has driven soaring consumer demand for smart luggage. Collaborations like the partnership between Samsora Luggage Inc. and Monogoto have introduced innovative features such as WIFI hotspots, enhancing connectivity with smart luggage. The increasing participation in leisure activities globally further supports sustained demand for these products. Infrastructural developments in tourism destinations and the growing trend of online shopping for luggage products contribute to the market's long-term growth. Despite these positive trends, the higher cost of smart luggage may pose a challenge, particularly for lower-income consumer segments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Application
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. Global Smart Luggage Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Air Passenger Traffic
        2. Growing Travel & Tourism
        3. Innovative Product Offerings
        4. Urbanization & Changing Lifestyles
      2. Restraints
        1. Limited Battery Life
        2. Durability & Reliability
        3. Low Education & Awareness
        4. Security & Privacy Concerns
      3. Opportunities
        1. Focus on Business Travelers
        2. Seamless Accessory Integration
        3. Luxury Offerings
        4. Data-Driven Insights
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Smart Luggage Market, By Product Type, 2020 - 2030 (USD Million)
      1. Duffel Bags
      2. Strollers
      3. Travel Backpacks
      4. Others
    2. Global Smart Luggage Market, By Material, 2020 - 2030 (USD Million)
      1. Polycarbonate
      2. Ballistic Nylon
      3. Canvas
      4. Leather
      5. Tegris
    3. Global Smart Luggage Market, By Technology, 2020 - 2030 (USD Million)
      1. Connectivity
        1. Wi-Fi
        2. Bluetooth
        3. GPS
        4. RFID
      2. Sensors
      3. SIM Cards
      4. USB Charging
    4. Global Smart Luggage Market, By Application, 2020 - 2030 (USD Million)
      1. Real-time tracking
      2. Proximity alerts
      3. Remote locking
      4. Digital scaling
    5. Global Smart Luggage Market, By Distribution Channel, 2020 - 2030 (USD Million)
      1. Online Stores
      2. Brand Outlets
      3. Department Stores
      4. Specialty Luggage Stores
      5. Duty-Free Shops
    6. Global Smart Luggage Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Away
      2. Bluesmart
      3. Rimowa
      4. Samsonite
      5. Delsey
      6. Travelpro
      7. Modobag
      8. G-RO
      9. Trunkster
      10. Néit
  7. Analyst Views
  8. Future Outlook of the Market

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