Luggage Market
By Type;
Travel Bags, Business Bags and Casual BagsBy Material;
Soft-Sided and Hard-SidedBy Distribution Channel;
Online and Offline [Supermarkets & Hypermarkets, Specialty Stores and Others]By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Luggage Market Overview
Luggage Market (USD Million)
Luggage Market was valued at USD 48,411.98 million in the year 2024. The size of this market is expected to increase to USD 91,965.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.
Luggage Market
*Market size in USD million
CAGR 9.6 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 9.6 % | 
| Market Size (2024) | USD 48,411.98 Million | 
| Market Size (2031) | USD 91,965.87 Million | 
| Market Concentration | Medium | 
| Report Pages | 333 | 
Major Players
- LVMH Moet Hennessy Louis Vuitton
 - Samsonite International SA
 - Swiss Army Brands, Inc. (Victorinox AG)
 - Valigeria Roncato SPA
 - Piquadro SPA
 - PVH Corp.
 - Delsey Paris
 - Chanel Limited
 - Hermes International SA
 - Tapestry Inc
 - Kering SA.
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Luggage Market
Fragmented - Highly competitive market without dominant players
The Luggage Market continues to grow due to rising trends in global travel, changing lifestyles, and increasing spending on personal accessories. Demand for convenient, durable, and visually appealing travel gear has surged, supported by a growth rate of approximately 18%. Innovations such as smart luggage and minimalist designs are further stimulating this expansion.
Influence of E-commerce and Branding
Digital commerce has become a key growth pillar, contributing over 31% to luggage purchases. Brands leveraging online engagement, personalized offers, and social media influence are gaining more traction. These strategies are enhancing visibility and brand affinity, especially among digitally native audiences who prioritize convenience and aesthetic value.
Material and Design Innovations
There is a consistent rise in the use of next-generation materials such as carbon fiber and polycarbonate, improving durability and portability. Approximately 21% of new luggage models showcase modular features and multifunctional storage, supporting diverse travel scenarios. These innovations are instrumental in delivering more value to style-conscious and performance-focused consumers.
Future Trends and Market Evolution
The future of the luggage market lies in smart automation and sustainable travel accessories. Around 29% of newly launched luggage includes features powered by IoT, RFID, or artificial intelligence, indicating a push toward intelligent travel ecosystems. This shift underscores the market’s momentum toward tech-enhanced, experience-oriented solutions.
Luggage Market Key Takeaways
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The resurgence of global travel and tourism is boosting demand for travel-bags, suitcases and backpacks across leisure and business segments.
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Innovation is centred on lightweight materials, ergonomic design, and the rise of smart-luggage features such as GPS tracking, USB ports and digital locks.
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The pivot to online retail is accelerating, with e-commerce enabling broader access, deeper assortment and rapid delivery of luggage products.
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Healthy growth is seen in the Asia-Pacific region—driven by rising disposable incomes and outbound travel—while mature markets like North America maintain premium-segment leadership.
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Sustainability is emerging as a key priority, with brands introducing eco-friendly materials** and recycled-content constructions to meet consumer expectations.
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Challenges include premium-pricing pressures, competition from fast-fashion D2C entrants and the need to manage supply chains across materials, parts and global logistics.
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Brands that emphasise strong omnichannel distribution**, design differentiation and durable product positioning are best placed to capture value in this evolving category.
 
Luggage Market Recent Developments
-  
In May 2025, July, a rapidly growing direct-to-consumer luggage brand, partnered as the official supplier for the Australian Olympic Team, marking a major step in its global retail expansion and international market presence.
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In March 2024, Samsonite announced plans for a dual stock exchange listing outside Hong Kong to enhance share liquidity and attract a broader investor base, reflecting its strategy for sustained global market growth.
 
Luggage Market Segment Analysis
In this report, the Luggage Market has been segmented by Product, Price Range, Material, Distribution Channel, and Geography.
Luggage Market, Segmentation by Product
The Luggage Market has been segmented by Product into Travel Luggage, Business Luggage, Sports Luggage, Backpack, and Others.
Travel Luggage
The travel luggage segment dominates the luggage market, accounting for over 40% of the total share. With the increase in domestic and international travel, consumers are prioritizing durable, lightweight, and secure luggage. Modern travelers also seek innovative features such as expandable compartments and built-in charging ports. The surge in tourism and leisure travel continues to fuel the demand in this segment.
Business Luggage
Business luggage holds a significant market share, representing approximately 25% of total sales. The rise in corporate travel and the hybrid work culture have increased demand for sleek, compact, and functional luggage designed for professionals. Features like laptop compartments and anti-theft technology make this segment appealing to frequent business travelers.
Sports Luggage
The sports luggage segment contributes around 12% to the overall market. It is driven by the growing popularity of fitness activities and outdoor sports, prompting consumers to seek specialized gear bags and multi-compartment designs. With a focus on durability and weather-resistance, this segment is favored by athletes and sports enthusiasts alike.
Backpack
The backpack segment accounts for nearly 18% of the luggage market. Widely used by students, commuters, and casual travelers, backpacks are valued for their versatility and hands-free convenience. Trends show a growing interest in ergonomic designs and sustainable materials, enhancing the appeal of this segment.
Others
The others segment, comprising items like duffle bags, trolley bags, and carry-on bags, represents around 5% of the market. These products offer flexibility and cater to specific travel needs not addressed by mainstream categories. Innovation in design and material use continues to support steady growth in this category.
Luggage Market, Segmentation by Price Range
The Luggage Market has been segmented by Price Range into Value & Mid-Level, Premium, and Luxury.
Value & Mid-Level
The value & mid-level segment dominates the luggage market, capturing around 60% of the total share. These products are favored for offering a balance between affordability and functionality, making them ideal for budget-conscious travelers. With improvements in design and durability, this segment continues to attract a wide consumer base seeking reliable yet cost-effective options.
Premium
The premium luggage segment holds approximately 30% of the market share. Consumers in this segment look for high-quality materials, advanced features, and stylish designs. Popular among frequent flyers and brand-conscious users, premium luggage often includes enhanced security and smart technology integrations.
Luxury
Luxury luggage comprises about 10% of the overall market. Known for exquisite craftsmanship, exclusive branding, and premium finishes, this segment caters to high-net-worth individuals and status-driven consumers. Products in this category often emphasize prestige and personalization, making them distinct in both form and function.
Luggage Market, Segmentation by Material
The Luggage Market has been segmented by Material into Hard Case and Soft Case.
Hard Case
The hard case segment accounts for approximately 55% of the luggage market. Known for their durability and impact resistance, hard case luggage is ideal for protecting fragile items during travel. Consumers increasingly prefer lightweight polycarbonate and ABS materials that offer both strength and style, especially for air travel.
Soft Case
Soft case luggage holds around 45% of the market share. Valued for their flexibility, expandable storage, and lightweight design, these bags are popular among travelers seeking convenience and versatility. Materials like nylon and polyester offer resilience while maintaining a sleek appearance for both casual and business use.
Luggage Market, Segmentation by Distribution Channel
The Luggage Market has been segmented by Distribution Channel into Offline Retail Stores and Online Retail Stores.
Offline Retail Stores
Offline retail stores contribute to about 65% of the luggage market share. Consumers prefer physical stores for the ability to inspect quality, test functionality, and receive personalized assistance. Department stores, specialty luggage outlets, and multi-brand retail chains dominate this segment by offering a wide variety of branded and unbranded options.
Online Retail Stores
Online retail stores make up around 35% of the market, driven by the rise in e-commerce penetration and digital shopping convenience. Platforms such as brand websites and marketplace giants provide access to exclusive deals, user reviews, and a wider assortment. Growth in mobile commerce and contactless delivery continues to fuel this channel's expansion.
Luggage Market, Segmentation by Geography
In this report, the Luggage Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
North America
North America holds approximately 20% of the luggage market. The region benefits from a high rate of business and leisure travel, coupled with strong demand for premium and tech-integrated luggage. Consumer preference for established brands and innovations in design and security drive steady growth.
Europe
Europe accounts for nearly 25% of the market share, supported by a well-established travel culture and robust tourism infrastructure. Consumers here favor sustainable and stylish luggage options, with rising interest in eco-friendly materials and smart travel solutions.
Asia Pacific
The Asia Pacific region dominates the market with over 35% share. Rapid urbanization, an expanding middle class, and increased international travel are key drivers. Countries like China and India are witnessing a surge in demand for affordable yet durable luggage, making this the fastest-growing region.
Middle East and Africa
This region contributes around 10% to the luggage market. Growth is driven by rising tourism, increased air connectivity, and an expanding base of affluent consumers. There is growing interest in luxury luggage and travel accessories across key markets such as the UAE and South Africa.
Latin America
Latin America holds close to 10% of the market share. Demand is supported by a growing number of domestic travelers and a rising interest in fashionable yet functional luggage. Markets like Brazil and Mexico are seeing increased adoption of mid-range and branded luggage products.
Luggage Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Luggage Market. These factors include; Market Drivers, Restraints, and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential | 
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | 
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance | 
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances | 
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing global travel and tourism
 - Demand for lightweight, durable luggage
 - Growth of e-commerce platforms
 - Adoption of smart luggage
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Trend towards adventure travel -The growing popularity of adventure travel is significantly boosting the luggage market. Travelers today seek durable, lightweight, and functional bags that cater to rugged terrains and dynamic itineraries. This shift has fueled demand for backpacks, duffel bags, and modular luggage solutions tailored to outdoor exploration.
Manufacturers are innovating with materials like polycarbonate shells and water-resistant fabrics to withstand extreme conditions. Features such as expandable compartments, built-in GPS trackers, and climate-adaptive linings are being incorporated into travel gear to meet performance expectations. These specialized features cater to both amateur and professional adventurers.
Digital nomads and solo travelers are also driving sales of compact and multi-purpose luggage that combines efficiency with portability. The trend aligns with the broader growth of experiential tourism, where gear that adapts to various environments is valued over traditional luxury aesthetics.
As consumers continue to prioritize immersive travel experiences, luggage brands focusing on rugged utility and ergonomic design are likely to capture a larger share of the market. The intersection of functionality and adventure-readiness is now a key driver shaping buying decisions globally.
 
Restraints
- Air travel regulations
 - Storage and maintenance challenges
 - Security concerns during travel
 - Supply chain disruptions
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Fashion trends affecting demand -The luggage market is increasingly influenced by rapidly shifting fashion trends, which can both drive and hinder growth. While aesthetic appeal can attract new customers, the constant demand for seasonal designs puts pressure on manufacturers to frequently update their inventory and product lines.
Fashion-conscious buyers often prioritize appearance over durability, leading to short product lifecycles and waste. This trend disrupts long-term brand loyalty and makes it challenging for companies to maintain consistency in core product offerings. Consequently, some luggage types fall out of favor quickly, affecting stock turnover.
High competition from fashion labels entering the luggage space has raised expectations for style-driven innovations. Traditional luggage manufacturers must now adapt or collaborate with designers to maintain relevance in a market that no longer values utility alone.
Failure to respond to aesthetic preferences can result in declining sales and brand disconnection from younger, trend-aware demographics. Balancing utility with evolving fashion trends is a complex challenge that brands must navigate to stay competitive.
 
Opportunities
- Innovation in materials and manufacturing
 - Customization and personalization
 - Integration of smart features
 - Omnichannel retail strategies
 -  
Unique designs and functionality -The market is witnessing a surge in demand for unique and functional luggage designs that offer both convenience and personalization. Consumers are seeking bags with smart compartments, USB charging ports, and customized features that align with their travel behavior and preferences.
Innovations such as 360-degree wheels, anti-theft zippers, and removable organizers enhance user experience while addressing pain points related to storage, mobility, and security. These improvements cater to business travelers, families, and tech-savvy millennials who demand multifunctionality in their travel gear.
Brands are also offering limited-edition collections and customizable prints to appeal to style-conscious users. Such personalization not only increases perceived value but also fosters brand loyalty and repeat purchases. Social media influencers and lifestyle bloggers amplify visibility, making stylish luggage a status symbol in travel culture.
With users increasingly valuing individuality and experience, the emphasis on design-driven utility presents a long-term growth avenue. Companies that combine style, tech integration, and ergonomic performance stand to capitalize on the evolving expectations of modern travelers.
 
Luggage Market Competitive Landscape Analysis
Luggage Market is witnessing significant transformation driven by evolving travel habits, increasing consumer preferences for premium products, and rising emphasis on durability and functionality. Companies are adopting diverse strategies including partnerships and collaboration to strengthen their market presence. With steady growth exceeding 20%, the competitive environment is becoming more concentrated and strategically driven.
Market Structure and Concentration
The market shows a moderately concentrated structure, with leading brands capturing over 40% of the overall share through diversified product portfolios. These players emphasize strong merger activity, vertical integration, and supply chain efficiency to enhance competitive positioning. Smaller players are leveraging niche strategies to remain competitive, supporting healthy market expansion and sector stability.
Brand and Channel Strategies
Leading companies are focusing on omnichannel distribution to maximize their growth potential. Online platforms now contribute to nearly 35% of total sales, showcasing the power of digital engagement. Through strong partnerships, experiential branding, and targeted collaboration, brands are strengthening customer loyalty while driving further expansion in emerging markets.
Innovation Drivers and Technological Advancements
Innovation is reshaping the competitive landscape with more than 30% of brands investing in technological advancements such as smart locks, GPS tracking, and sustainable materials. These strategies are enabling enhanced user experience and product durability. Continuous innovation combined with material upgrades is creating significant differentiation and supporting strong growth momentum.
Regional Momentum and Expansion
Regional players are gaining traction through focused expansion strategies and localized manufacturing. More than 45% of market activity is concentrated in travel-intensive regions, boosting competition among established brands. Strategic partnerships, retail collaboration, and region-specific campaigns are driving consistent growth and reinforcing market presence across competitive zones.
Future Outlook
The future of this market indicates sustained growth backed by continuous technological advancements, increased consumer mobility, and accelerated expansion across travel sectors. Companies are expected to intensify their strategies through partnerships and branding initiatives to strengthen market leadership. As demand diversifies, the sector is poised to achieve stable and structured competitive progression.
Key players in Luggage Market include:
- Samsonite International S.A.
 - VIP Industries Ltd.
 - VF Corporation
 - LVMH Moet Hennessy Louis Vuitton
 - Rimowa
 - Delsey S.A.
 - Travelpro Products Inc.
 - Antler Ltd.
 - Briggs & Riley (United States Luggage Company LLC)
 - Thule Group
 - Victorinox AG
 - JanSport Inc.
 - Kipling North America
 - Carpisa
 - Valigeria Roncato
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Type
 - Market Snapshot, By Material
 - Market Snapshot, By Distribution Channel
 - Market Snapshot, By Region
 
 - Luggage Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Increasing global travel and tourism
 - Demand for lightweight, durable luggage
 - Growth of e-commerce platforms
 - Adoption of smart luggage
 - Trend towards adventure travel
 
 - Restraints 
- Air travel regulations
 - Storage and maintenance challenges
 - Security concerns during travel
 - Supply chain disruptions
 - Fashion trends affecting demand
 
 - Opportunities 
- Innovation in materials and manufacturing
 - Customization and personalization
 - Integration of smart features
 - Omnichannel retail strategies
 - Unique designs and functionality
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Luggage Market, By Luggage Type, 2021 - 2031 (USD Million) 
- Travel Bags
 - Business Bags
 - Casual Bags
 
 - Luggage Market, By Luggage Material, 2021 - 2031 (USD Million) 
- Soft-Sided
 - Hard-Sided
 
 - Luggage Market, By Luggage Distribution Channel, 2021 - 2031 (USD Million) 
- Online
 - Offline 
- Supermarkets & Hypermarkets
 - Specialty Stores
 - Others
 
 
 - Luggage Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 - North America 
 
 - Luggage Market, By Luggage Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Samsonite International S.A.
 - VIP Industries Ltd.
 - VF Corporation
 - LVMH Moët Hennessy Louis Vuitton
 - Rimowa
 - Delsey S.A.
 - Travelpro Products Inc.
 - Antler Ltd.
 - Briggs & Riley (United States Luggage Company LLC)
 - Thule Group
 - Victorinox AG
 - JanSport Inc.
 - Kipling North America
 - Carpisa
 - Valigeria Roncato
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

