Global Luggage Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Travel Luggage, Business Luggage, Sports Luggage, Backpack, and Others.

By Material;

Hard Case and Soft Case.

By Distribution Channel;

Offline Retail Stores and Online Retail Stores.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn368289333 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Luggage Market (USD Million), 2021 - 2031

In the year 2024, the Global Luggage Market was valued at USD 48,411.98 million. 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%.

The Global Luggage Market caters to the diverse needs of travelers worldwide, offering a wide range of products designed to enhance convenience, style, and durability during transit. From suitcases and duffel bags to backpacks and travel accessories, the market encompasses a plethora of options tailored to various travel preferences and requirements. As travel trends evolve and consumer lifestyles become increasingly mobile, the demand for innovative and functional luggage solutions continues to drive growth and innovation in the industry.

With the rise of global tourism, business travel, and leisure activities, the demand for luggage products has witnessed steady growth in recent years. The expanding middle-class population, coupled with increasing disposable incomes and rising aspirations for travel experiences, has fueled the demand for luggage items across both developed and emerging markets. The growing prevalence of online travel bookings, coupled with the ease of international travel, has further stimulated demand for luggage products, driving market expansion and diversification.

The market is characterized by intense competition and dynamic consumer preferences, prompting manufacturers to continuously innovate and differentiate their offerings. Key market players focus on leveraging advanced materials, ergonomic designs, and smart features to enhance the functionality, durability, and aesthetics of their products. Additionally, sustainability has emerged as a key trend in the luggage industry, with consumers increasingly seeking eco-friendly materials and production processes in their purchasing decisions.

  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
    2. Market Snapshot, By Material
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Luggage Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing global travel and tourism
        2. Demand for lightweight, durable luggage
        3. Growth of e-commerce platforms
        4. Adoption of smart luggage
        5. Trend towards adventure travel
      2. Restraints
        1. Air travel regulations
        2. Storage and maintenance challenges
        3. Security concerns during travel
        4. Supply chain disruptions
        5. Fashion trends affecting demand
      3. Opportunities
        1. Innovation in materials and manufacturing
        2. Customization and personalization
        3. Integration of smart features
        4. Omnichannel retail strategies
        5. Unique designs and functionality
    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 Luggage Market, By Product Type, 2021 - 2031 (USD Million)
      1. Travel Luggage
      2. Business Luggage
      3. Sports Luggage
      4. Backpack
      5. Others
    2. Global Luggage Market, By Material, 2021 - 2031 (USD Million)
      1. Hard Case
      2. Soft Case
    3. Global Luggage Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Offline Retail Stores
      2. Online Retail Stores
    4. Global Luggage Market, By Geography, 2021 - 2031 (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
    1. Company Profiles
      1. LVMH Moet Hennessy Louis Vuitton
      2. Samsonite International SA
      3. Swiss Army Brands, Inc. (Victorinox AG)
      4. Valigeria Roncato SPA
      5. Piquadro SPA
      6. PVH Corp.
      7. Delsey Paris
      8. Chanel Limited
      9. Hermes International SA
      10. Tapestry Inc
      11. Kering SA.
  7. Analyst Views
  8. Future Outlook of the Market