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The global travel bags market was valued at USD 18.46 Billion in 2022, which is anticipated to grow at a CAGR of 8.74% from 2023 to 2032. One of the main drivers propelling the market's expansion is the expanding tourist sector, which also contributes to the world's fast urbanization. In addition, consumers have become more likely to spend money on premium and luxurious travel accessories to keep up with the always-evolving fashions. Numerous product improvements, such as introducing innovative and aesthetically pleasing designs and eco-friendly variations, also promote an optimistic market outlook. Using natural and organic fabric dyes, organic canvas, reclaimed leather, and other eco-friendly materials, luggage and travel bags are becoming increasingly popular with consumers. The expansion of the online retailing market, which offers clients a hassle-free shopping experience while showing a wide choice of options to pick from, and aggressive promotional activities by companies are two additional drivers that are anticipated to fuel market growth.
For carrying their clothing and other possessions, tourists, trekkers, and other travellers use travel bags, a form of travel equipment. The most popular styles of travel bags on the market include duffel bags, wheeled backpacks, rolling luggage, weekenders, totes, and travel packs. The hard-side versions that can handle fragile items such as electronic devices are made from polypropylene, polycarbonate, and acrylonitrile-butadiene-styrene (ABS). On the other hand, the strong and lightweight soft-side variations are made from materials including nylon, polyester, cotton, leather, and vinyl. These travel bags are offered in various shapes, designs, and hues and can be altered to meet the buyer's needs. Travel bags primarily comprise bags, cases, and containers used to transport travellers' items. To transport their clothing and other possessions, explorers, trekkers, tourists, and travellers employ this category of travel equipment. A collection of bags, crates, and other containers collectively called baggage is used to transport and keep a passenger's items. Clothing, toiletries, small belongings, and trip necessities are required for the modern traveller. On the way back, passengers might bring gifts and souvenirs. Some people think that a person's possessions and how they travel reveal information about their status and wealth. Using either a hard shell or a robust soft material, luggage is made to protect items during travel. Internal parts or partitions are usually placed in luggage to improve ventilation and protect contents. It's typical to travel with multiple suitcases when using alternative modes of transportation, including the train and the bus. The rules and restrictions are less strict than when going by plane. Business travellers are frequently seen travelling with two bags, usually consisting of a larger bag that can fit a laptop and a smaller bag that is wheeled. These bags are referred to as wheeled bag and a secondary bag, respectively. The built-in pass-through panel of the secondary bag, which is an additional piece of fabric that is pulled over the telescopic hand, is regularly used by these travellers to connect their two bags. Traditionally, wood and other heavy materials were used to make luggage. The need for lightweight bags and luggage has increased as air travel has become more widely available. These compact, lightweight bags, which can also include small items, clothing, necessities for travel, and toiletries, are easily transportable by passengers.
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The increasing need for travel bags that are lightweight- The market is expanding significantly due to the rising demand for lightweight travel bags. The need for lightweight bags has grown significantly due to sharp fare increases and severe baggage weight restrictions imposed by the airline sector. Travelling with lightweight and ultralight bags is convenient and less expensive per pound of luggage. Additionally, they give consumers the freedom to bring along more luggage and the power to shop within the limits of their allotted luggage. Manufacturers have begun providing lightweight travel bags that use cutting-edge technology and durable materials to meet this expanding need. For example, Samsonite International manufactures a lightweight travel bag of the 6.19-pound Samsonite Uplite 29" Spinner. The Turenne 20" Spinner Carry-On by DELSEY weighs 4.8 lbs. It has four wheels and is polycarbonate in construction. High-end components and clever design engineering are employed when making these travel bags.
Increasing demand for smartly equipped travel and business bags- The primary market development is a rise in demand for smart features in business and travel bags. Market suppliers provide a wide selection of products, including trolley bags, to satisfy rising customer demand for business and travel bags with advanced characteristics. The Transportation Security Administration (TSA) authorized fingerprint combination lock, inbuilt weight scale, Bluetooth proximity tracker, integrated universal serial bus (USB) port, and internal power bank pocket are just a few of the features available on these backpacks. Customers may charge their portable electronics, such as cellphones, because of the integrated USB port and power bank pocket. Vendors also provide luggage with zipped RFID-blocking pockets, which prevent scanners from reading data from passport and credit card chips. Leading suppliers, like Samsonite, provide an EVOA TECH trolley bag with features like a fingerprint-activated lock and the ability to save up to ten prints. During the forecast period, the market will grow due to these market dynamics.
Strict government guidelines- The primary challenge preventing business expansion is strict government controls on purchasing raw materials like leather. Leather is a crucial raw material in the market for high-end business bags. However, the leather industry has strong legal limitations in many parts of the world. For instance, several groups and governmental bodies heavily regulate the leather sector in Europe, particularly Germany. Companies in the leather tanning sector must go by several regulations regarding waste disposal, the use of chemicals, environmental protection, and recycling to produce leather. Nearly 5% of a manufacturer's operational costs are waste reduction and environmental preservation. The costs faced by vendors increase due to these laws and restrictions imposed on the leather industry and personal items (such as business bags), which also hamper the production procedures.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global travel bags market, with a 39.05% market revenue share in 2022. The presence of significant players, rising tourism, and high disposable income all contribute to the region's market expansion. The factors boosting the demand for the product in this region are the increasing design innovation and the rising popularity of high-end designer bags.
North America Region Travel Bags Market Share in 2022 - 39.05%
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The product type segment is divided into trolley, duffle, and backpacks. The backpacks segment dominated the market, with a market share of around 37.25% in 2022. The backpacks are more convenient, versatile, and light and take up less room than other bags. The market as a whole is expanding as a result of these reasons.
The distribution channel segment is divided into offline and online. The offline segment dominated the market, with a market share of around 67.21% in 2022. Due to the wide selection of products by price range, material, kind of luggage, and design, there is a high preference among buyers. Good service standards and knowledgeable assistance also improve consumers' shopping experiences.
The price range segment is divided into medium, low, and premium. The premium segment dominated the market, with a market share of around 35.84% in 2022. This segment presents a premium product with unique designs and cutting-edge technologies like GPS-enabled intelligent luggage. The market as a whole is expanding as a result of these reasons.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 18.46 Billion |
| Market size value in 2032 | USD 42.67 Billion |
| CAGR (2023 to 2032) | 8.74% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Product Type, Distribution Channel, Price Range |
As per The Brainy Insights, the size of the travel bags market was valued at USD 18.46 Billion in 2022 & USD 42.67 Billion by 2032.
Global travel bags market is growing at a CAGR of 8.74% during the forecast period 2023-2032.
North America region emerged as the largest market for the travel bags.
The increasing need for travel bags that are lightweight is a significant driving factor for the growth of the travel bags market.
Increasing demand for smartly equipped travel and business bags is a significant opportunity for the growth of the travel bags market.
Strict government guideline is a significant challenge for the growth of the travel bags market.
Key players are Deuter Sport, Hermès, Louis Vuitton, LVMH, Rimowa, Timbuk2, VIP Industries, Delsey SA, Kering, Osprey, Victorinox, Fenix Outdoor, Samsonite, Lowe Alpine, among others.
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product Type
4.3.2. Market Attractiveness Analysis By Distribution Channel
4.3.3. Market Attractiveness Analysis By Price Range
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing need for travel bags that are lightweight
5.3. Opportunities
5.3.1. Increasing demand for smartly equipped travel and business bags
5.4. Challenges
5.4.1. Strict government guidelines
6. Global Travel Bags Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Trolley
6.3. Duffle
6.4. Backpacks
7. Global Travel Bags Market Analysis and Forecast, By Distribution Channel
7.1. Segment Overview
7.2. Offline
7.3. Online
8. Global Travel Bags Market Analysis and Forecast, By Price Range
8.1. Segment Overview
8.2. Medium
8.3. Low
8.4. Premium
9. Global Travel Bags Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Travel Bags Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Travel Bags Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Deuter Sport
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Hermès
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Louis Vuitton
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. LVMH
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Rimowa
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Timbuk2
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. VIP Industries
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Delsey SA
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Kering
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Osprey
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Victorinox
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Fenix Outdoor
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Samsonite
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Lowe Alpine
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
List of Table
1. Global Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
2. Global Trolley, Travel Bags Market, By Region, 2019-2032 (USD Billion)
3. Global Duffle, Travel Bags Market, By Region, 2019-2032 (USD Billion)
4. Global Backpacks, Travel Bags Market, By Region, 2019-2032 (USD Billion)
5. Global Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
6. Global Offline, Travel Bags Market, By Region, 2019-2032 (USD Billion)
7. Global Online, Travel Bags Market, By Region, 2019-2032 (USD Billion)
8. Global Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
9. Global Medium, Travel Bags Market, By Region, 2019-2032 (USD Billion)
10. Global Low, Travel Bags Market, By Region, 2019-2032 (USD Billion)
11. Global Premium, Travel Bags Market, By Region, 2019-2032 (USD Billion)
12. Global Travel Bags Market, By Region, 2019-2032 (USD Billion)
13. North America Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
14. North America Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
15. North America Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
16. U.S. Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
17. U.S. Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
18. U.S. Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
19. Canada Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
20. Canada Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
21. Canada Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
22. Mexico Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
23. Mexico Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
24. Mexico Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
25. Europe Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
26. Europe Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
27. Europe Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
28. Germany Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
29. Germany Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
30. Germany Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
31. France Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
32. France Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
33. France Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
34. U.K. Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
35. U.K. Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
36. U.K. Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
37. Italy Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
38. Italy Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
39. Italy Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
40. Spain Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
41. Spain Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
42. Spain Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
43. Asia Pacific Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
44. Asia Pacific Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
45. Asia Pacific Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
46. Japan Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
47. Japan Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
48. Japan Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
49. China Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
50. China Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
51. China Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
52. India Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
53. India Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
54. India Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
55. South America Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
56. South America Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
57. South America Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
58. Brazil Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
59. Brazil Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
60. Brazil Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
61. Middle East and Africa Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
62. Middle East and Africa Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
63. Middle East and Africa Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
64. UAE Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
65. UAE Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
66. UAE Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
67. South Africa Travel Bags Market, By Product Type, 2019-2032 (USD Billion)
68. South Africa Travel Bags Market, By Distribution Channel, 2019-2032 (USD Billion)
69. South Africa Travel Bags Market, By Price Range, 2019-2032 (USD Billion)
List of Figures
1. Global Travel Bags Market Segmentation
2. Travel Bags Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Travel Bags Market Attractiveness Analysis By Product Type
9. Global Travel Bags Market Attractiveness Analysis By Distribution Channel
10. Global Travel Bags Market Attractiveness Analysis By Price Range
11. Global Travel Bags Market Attractiveness Analysis By Region
12. Global Travel Bags Market: Dynamics
13. Global Travel Bags Market Share By Product Type (2023 & 2032)
14. Global Travel Bags Market Share By Distribution Channel (2023 & 2032)
15. Global Travel Bags Market Share by Price Range (2023 & 2032)
16. Global Travel Bags Market Share by Regions (2023 & 2032)
17. Global Travel Bags Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global travel bags market based on below mentioned segments:
Global Travel Bags by Product Type:
Global Travel Bags by Distribution Channel:
Global Travel Bags by Price Range:
Global Travel Bags by Region:
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The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
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