Press Release

Luggage Market Grow with a CAGR of 7.27% through 2030

The global Luggage Market is growing due to rising travel and tourism, growing urbanization, increasing disposable income, and increasing demand for smart and stylish luggage.


According to TechSci Research report, “Luggage Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the global Luggage Market stood at USD 40.78 Billion in 2024 and is expected to grow USD 62.12 Billion by 2030 with a CAGR of 7.27% during the forecast period. The global luggage market is undergoing significant transformation, driven by evolving travel habits, urban lifestyles, and shifting consumer expectations. Once dominated by utility and durability alone, the market has now expanded to include style, technology, and sustainability as key purchasing considerations. With increasing globalization and a steady rise in domestic and international travel, consumers are investing more in travel-related products. This shift has created demand for luggage that balances functionality with aesthetics, encouraging brands to focus on innovative designs and materials. Luggage is no longer just a travel essential—it has become a lifestyle statement, with buyers seeking products that reflect their personality while meeting travel demands.

One of the most influential forces shaping the global luggage market is the growth of the travel and tourism industry. Leisure travel, business trips, and student mobility have all seen a resurgence in recent years. The rising popularity of weekend getaways, destination weddings, and digital nomadism has fueled the need for compact, versatile, and stylish luggage solutions. As air travel becomes more accessible, especially in developing countries, the demand for cabin-friendly and lightweight luggage has surged. Brands are increasingly offering features like expandable compartments, spinner wheels, ergonomic handles, and built-in locks to cater to the needs of modern travelers who prioritize both convenience and design.

Sustainability has emerged as a defining trend in the luggage industry. Conscious consumerism is pushing companies to rethink their manufacturing processes and material sourcing. Many brands now offer luggage made from recycled plastics, biodegradable fabrics, and cruelty-free materials. The emphasis on sustainability extends to packaging and supply chains, with efforts to reduce carbon footprints and eliminate single-use plastics. Companies that adopt green practices and communicate their environmental commitments effectively are likely to win over environmentally aware customers.


Browse over xx market data figures spread through xx Pages and an in-depth TOC on "Global Luggage Market 

 

The global Luggage Market is segmented into product type, distribution channel, and region.

Based on distribution channel, offline distribution channel continues to dominate the global luggage market, driven by consumers' preference to physically inspect products before making a purchase. Brick-and-mortar stores offer the advantage of touch-and-feel experiences, allowing buyers to assess quality, size, weight, and durability firsthand. Department stores, specialty luggage outlets, and brand-exclusive showrooms also provide personalized customer service, immediate product availability, and after-sales support, all of which build consumer trust. Additionally, the presence of retail outlets in high-footfall areas like airports, shopping malls, and tourist hubs enhances product visibility and accessibility. Many customers still value the ability to compare options in real time and receive instant gratification, making offline retail a crucial and trusted channel for luggage purchases globally.

Based on region, Asia Pacific stands out as the fastest-growing region in the global luggage market, propelled by a confluence of factors including rising disposable incomes, a burgeoning middle class, and a significant uptick in both domestic and international travel. Countries such as China, India, Japan, and South Korea are at the forefront of this growth, with consumers increasingly seeking durable, stylish, and functional luggage to accommodate their evolving travel needs. The proliferation of budget airlines and improved transportation infrastructure have made travel more accessible, further fueling demand for travel goods. Additionally, the rapid expansion of e-commerce platforms has enhanced product accessibility, allowing consumers to explore a wide array of luggage options at competitive prices.


Major companies operating in the global Luggage Market are:

  • Samsonite
  • Tumi
  • Delsey
  • American Tourister
  • Travelpro
  • Briggs & Rilley
  • Victorinox
  • Thule
  • Heys
  • Rimowa


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The global luggage market is driven by increasing travel and tourism, rising disposable incomes, urbanization, and growing demand for durable, stylish, and multifunctional bags. E-commerce expansion has further fueled accessibility and competition among brands. Key trends shaping the market include the rise of smart luggage with integrated tech features, a shift toward eco-friendly and sustainable materials, and growing preference for personalized, fashion-forward designs”,said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm. 

“Luggage Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type (Travel Bags, Business Bags, Casual Bags), By Distribution Channel (Online, Offline), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global Luggage Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Luggage Market.

 

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Luggage Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type (Travel Bags, Business Bags, Casual Bags), By Distribution Channel (Online, Offline), By Region & Competition, 2020-2030F

Consumer Goods and Retail | Jun, 2025

The global Luggage Market is growing due to rising travel and tourism, growing urbanization, increasing disposable income, and increasing demand for smart and stylish luggage.

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