Market Overview:
The global luggage bag market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for general trolley bags, hard luggage trolley bags, and casual luggage bags. Additionally, the rising number of business travelers is also propelling the growth of the global luggage bag market. North America dominates the global luggage bag market and is expected to maintain its lead during the forecast period.
Product Definition:
A luggage bag is a large, sturdy bag that is typically used to carry a person's belongings when traveling. Luggage bags can be made from a variety of materials, including cloth, leather, and plastic. They often have one or more compartments and are usually equipped with straps or handles for carrying.
General Trolley Bags:
General trolley bags are designed to carry a variety of goods such as groceries, shopping, sports equipment and so on. They are available in different sizes and can be used by individuals or in groups. The growth factor for this market is the increasing demand for convenience among the working population coupled with rising spending capacity among consumers across the globe.
The global market has been growing at a steady pace since 2010 owing to increased consumer spending power which has propelled manufacturers to introduce new designs.
Hard Luggage Trolley Bags:
Hard luggage trolley bags are designed to carry heavy loads over long distances with the help of two wheels and a handle. The weight of the bag is distributed over a larger area, which helps in easy movement. Hard luggage trolley bags are generally made from robust materials including metal and plastic, which offer greater strength to withstand rough treatment by baggage handling staff as well as passengers during travel.
Application Insights:
The travel luggage bag segment held the largest share of over 60.0% in 2017. The growth can be attributed to the growing number of adventure travelers and leisure travelers who prefer light and flexible bags for their trips. Furthermore, increasing air passenger traffic owing to rise in disposable income levels coupled with high spending on tourism products is expected to drive demand for travel luggage bags over the forecast period.
The casual luggage bag application segment is expected register a CAGR of XX% from 2018 to 2030 owing to increased consumer preference towards versatile handbags that can fulfill multiple purposes at different occasions such as business meetings, social gatherings, shopping tours or travels etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing number of international flights from China, India, Japan and other South East Asian countries. Moreover, rising disposable income coupled with growing popularity of e-commerce in emerging economies such as China and India are expected to drive the regional market further. Europe is also anticipated to witness considerable growth over the next eight years owing to increasing demand for stylish yet durable luggage bags from major cities including London, Paris and Rome among others. North America was valued at USD X billion in 2017 owing high usage frequency by frequent travelers such as business tycoons/executives along with tourists visiting popular tourist destinations across U.S.
Growth Factors:
- Increasing demand for luxury and designer luggage bags from the affluent class.
- Rising number of business travelers and tourists, who prefer to travel with lightweight and stylish luggage bags.
- Proliferation of online shopping portals that offer a wide range of trendy luggage bags at competitive prices.
- Growing popularity of adventure sports such as trekking, camping, hiking etc., which necessitates the use of sturdy and durable luggage bags.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luggage Bag Market Research Report
By Type
General Trolley Bags, Hard Luggage Trolley Bags
By Application
Casual Luggage Bag, Travel Luggage Bag, Business Luggage Bag
By Companies
Samsonite India, VIP Industries Limited, Safari, Delsey, Briggs and Riley, Rimowa, VF Corporation (Eagle Creek and Eastpak), Travelpro, Tommy Hilfiger, Victorinox
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Luggage Bag Market Report Segments:
The global Luggage Bag market is segmented on the basis of:
Types
General Trolley Bags, Hard Luggage Trolley Bags
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Casual Luggage Bag, Travel Luggage Bag, Business Luggage Bag
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsonite India
- VIP Industries Limited
- Safari
- Delsey
- Briggs and Riley
- Rimowa
- VF Corporation (Eagle Creek and Eastpak)
- Travelpro
- Tommy Hilfiger
- Victorinox
Highlights of The Luggage Bag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Trolley Bags
- Hard Luggage Trolley Bags
- By Application:
- Casual Luggage Bag
- Travel Luggage Bag
- Business Luggage Bag
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luggage Bag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A luggage bag is a large, rectangular container made of cloth, plastic, or other materials that is used to carry items such as clothes and personal belongings. Luggage bags are often designed to be lightweight and easy to transport.
Some of the major companies in the luggage bag market are Samsonite India, VIP Industries Limited, Safari, Delsey, Briggs and Riley, Rimowa, VF Corporation (Eagle Creek and Eastpak), Travelpro, Tommy Hilfiger, Victorinox.
The luggage bag market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luggage Bag Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luggage Bag Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luggage Bag Market - Supply Chain
4.5. Global Luggage Bag Market Forecast
4.5.1. Luggage Bag Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luggage Bag Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luggage Bag Market Absolute $ Opportunity
5. Global Luggage Bag Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luggage Bag Market Size and Volume Forecast by Type
5.3.1. General Trolley Bags
5.3.2. Hard Luggage Trolley Bags
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luggage Bag Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luggage Bag Market Size and Volume Forecast by Application
6.3.1. Casual Luggage Bag
6.3.2. Travel Luggage Bag
6.3.3. Business Luggage Bag
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luggage Bag Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luggage Bag Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luggage Bag Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luggage Bag Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luggage Bag Demand Share Forecast, 2019-2029
9. North America Luggage Bag Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luggage Bag Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luggage Bag Market Size and Volume Forecast by Application
9.4.1. Casual Luggage Bag
9.4.2. Travel Luggage Bag
9.4.3. Business Luggage Bag
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luggage Bag Market Size and Volume Forecast by Type
9.7.1. General Trolley Bags
9.7.2. Hard Luggage Trolley Bags
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luggage Bag Demand Share Forecast, 2019-2029
10. Latin America Luggage Bag Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luggage Bag Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luggage Bag Market Size and Volume Forecast by Application
10.4.1. Casual Luggage Bag
10.4.2. Travel Luggage Bag
10.4.3. Business Luggage Bag
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luggage Bag Market Size and Volume Forecast by Type
10.7.1. General Trolley Bags
10.7.2. Hard Luggage Trolley Bags
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luggage Bag Demand Share Forecast, 2019-2029
11. Europe Luggage Bag Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luggage Bag Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luggage Bag Market Size and Volume Forecast by Application
11.4.1. Casual Luggage Bag
11.4.2. Travel Luggage Bag
11.4.3. Business Luggage Bag
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luggage Bag Market Size and Volume Forecast by Type
11.7.1. General Trolley Bags
11.7.2. Hard Luggage Trolley Bags
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luggage Bag Demand Share, 2019-2029
12. Asia Pacific Luggage Bag Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luggage Bag Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luggage Bag Market Size and Volume Forecast by Application
12.4.1. Casual Luggage Bag
12.4.2. Travel Luggage Bag
12.4.3. Business Luggage Bag
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luggage Bag Market Size and Volume Forecast by Type
12.7.1. General Trolley Bags
12.7.2. Hard Luggage Trolley Bags
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luggage Bag Demand Share, 2019-2029
13. Middle East & Africa Luggage Bag Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luggage Bag Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luggage Bag Market Size and Volume Forecast by Application
13.4.1. Casual Luggage Bag
13.4.2. Travel Luggage Bag
13.4.3. Business Luggage Bag
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luggage Bag Market Size and Volume Forecast by Type
13.7.1. General Trolley Bags
13.7.2. Hard Luggage Trolley Bags
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luggage Bag Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Luggage Bag Market: Market Share Analysis
14.2. Luggage Bag Distributors and Customers
14.3. Luggage Bag Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsonite India
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VIP Industries Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Safari
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delsey
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Briggs and Riley
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rimowa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VF Corporation (Eagle Creek and Eastpak)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Travelpro
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tommy Hilfiger
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Victorinox
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook