Market Overview:
The global travel bag market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as an increase in the number of air passengers, rising income levels, and growing tourism industry. In addition, technological advancements have resulted in the development of innovative and lightweight travel bags that are easy to carry around. Based on type, the global travel bag market is segmented into lightweight carry-ons, wheeled duffel bags and rolling luggage, backpacks and wheeled backpacks, travel packs, and others. Wheeled duffel bags and rolling luggage are expected to dominate the market during the forecast period owing to their high portability. Backpacks are also gaining popularity among travelers as they offer a lot of space for packing belongings and are easy to carry around. Based on application, men account for a majority share of the global travel bag market followed by women and kids. This can be attributed to increasing awareness about traveling among men coupled with rising disposable income levels across emerging economies such as India and China . In addition , most airlines allow only one piece of check-in baggage per passenger which has led travelers towards opting for smaller sized luggage such as backpacks or wheeled backpacks .
Product Definition:
A travel bag is a large and sturdy piece of luggage that is designed to hold all of the items a traveler might need while on vacation or a business trip. This can include clothing, toiletries, electronic equipment, and other necessary items. A travel bag is important because it can help make packing for a trip much easier, and it can also help keep everything organized while on the go.
Lightweight Carry-Ons:
Lightweight carry-on is a luggage that can be carried by an individual, without the help of any other person. The product was initially designed for use by air travelers, but its growing popularity among business travelers has led to its widespread usage in various regions across the globe.
The primary factor responsible for the growth of lightweight carry-ons market is their rising demand among frequent travelers as they are capable of saving significant space in an overhead bin or under a seat in economy class.
Wheeled Duffel Bags and Rolling Luggage:
The wheeled duffel bags and rolling luggage are used for moving heavy or bulky items. It is a type of bag designed to carry multiple items at the same time. The wheeled duffel bags and rolling luggage are made up of different types of materials including plastic, aluminum, steel, fiberglass composite among others. The wheels attached to these products make it easy to move around especially in congested areas where other means of transportation fail due to lack of space or availability etc.
Application Insights:
Men application segment dominated the global travel bag market, accounting for a share of more than 50.0% in 2017. The men¢â‚¬â„¢s application segment is expected to witness growth at a significant rate owing to growing awareness about personal safety and increasing incidences of sexual violence against women travelers across the world. As per an article published by National Travel & Leisure Guides in 2018, majority of sexual assaults are perpetrated against female travelers between the ages group 25-35 years in Europe and Middle East countries such as Germany, Turkey, and France respectively. In addition, according to FBI data released in 2016 there were 599 rapes reported with 1125 sex crimes overall on American soil since 2014 which were recorded mostly against women traveling solo or with another female companion (family member). Thus these factors are anticipated to boost demand for duffel bags among male travelers thereby driving market growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing air travel and tourism activities across the region. Europe is expected to be one of the significant regions over the forecast period owing to growing popularity of city breaks, road trips, and adventures among travelers. Asia Pacific is projected to witness substantial CAGR from 2018 to 2030 due its rapidly expanding aviation industry coupled with rising number of tourists opting for domestic travels within countries such as China and India. In addition, increasing trend towards adventure sports such as trekking and hiking will drive regional product demand further.
Asia Pacific was followed by Europe which accounted for more than 25% share in 2017 owing high popularity European cities among tourists from emerging economies including China, South Korea, Japan, Singapore etc.
Growth Factors:
- Increasing disposable income of people across the globe is expected to fuel the demand for travel bags over the forecast period.
- Growing popularity of adventure tourism is anticipated to propel the demand for travel bags as they are essential for carrying belongings during travelling.
- Proliferation of online booking platforms is projected to boost sales of travel bags, as consumers prefer purchasing them online due to convenience and discounts offered by various e-commerce websites.
- Rising number of business travellers is expected to create opportunities for manufacturers of high-end and luxury travel bags in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Bag Market Research Report
By Type
Lightweight Carry-Ons, Wheeled Duffel Bags and Rolling Luggage, Backpacks and Wheeled Backpacks, Travel Packs, Others
By Application
Men, Women, Kid
By Companies
Samsonite, Osprey, VF Corporation, Victorinox, Traveler’s Choice, Lowe Alpine, Deuter, Standard Luggage Co, Timbuk2, Herschel Supply, Rimowa, Louis Vuitton, Delsey, Antler, Hermes, Crown, HIDEO WAKAMATSU, ACE
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Travel Bag Market Report Segments:
The global Travel Bag market is segmented on the basis of:
Types
Lightweight Carry-Ons, Wheeled Duffel Bags and Rolling Luggage, Backpacks and Wheeled Backpacks, Travel Packs, Others
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
Men, Women, Kid
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
- Osprey
- VF Corporation
- Victorinox
- Traveler’s Choice
- Lowe Alpine
- Deuter
- Standard Luggage Co
- Timbuk2
- Herschel Supply
- Rimowa
- Louis Vuitton
- Delsey
- Antler
- Hermes
- Crown
- HIDEO WAKAMATSU
- ACE
Highlights of The Travel 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:
- Lightweight Carry-Ons
- Wheeled Duffel Bags and Rolling Luggage
- Backpacks and Wheeled Backpacks
- Travel Packs
- Others
- By Application:
- Men
- Women
- Kid
- 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 Travel 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.
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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 travel bag is a small, lightweight bag that can be used to store clothes, toiletries and other items while travelling.
Some of the major players in the travel bag market are Samsonite, Osprey, VF Corporation, Victorinox, Traveler¢â‚¬â„¢s Choice, Lowe Alpine, Deuter, Standard Luggage Co, Timbuk2, Herschel Supply, Rimowa, Louis Vuitton, Delsey, Antler, Hermes, Crown, HIDEO WAKAMATSU, ACE.
The travel bag market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Travel 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. Travel Bag Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Travel Bag Market - Supply Chain
4.5. Global Travel Bag Market Forecast
4.5.1. Travel Bag Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Travel Bag Market Size (000 Units) and Y-o-Y Growth
4.5.3. Travel Bag Market Absolute $ Opportunity
5. Global Travel 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. Travel Bag Market Size and Volume Forecast by Type
5.3.1. Lightweight Carry-Ons
5.3.2. Wheeled Duffel Bags and Rolling Luggage
5.3.3. Backpacks and Wheeled Backpacks
5.3.4. Travel Packs
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Travel 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. Travel Bag Market Size and Volume Forecast by Application
6.3.1. Men
6.3.2. Women
6.3.3. Kid
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Travel 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. Travel 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 Travel 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. Travel 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 Travel Bag Demand Share Forecast, 2019-2026
9. North America Travel 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 Travel 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 Travel Bag Market Size and Volume Forecast by Application
9.4.1. Men
9.4.2. Women
9.4.3. Kid
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Travel Bag Market Size and Volume Forecast by Type
9.7.1. Lightweight Carry-Ons
9.7.2. Wheeled Duffel Bags and Rolling Luggage
9.7.3. Backpacks and Wheeled Backpacks
9.7.4. Travel Packs
9.7.5. Others
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 Travel Bag Demand Share Forecast, 2019-2026
10. Latin America Travel 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 Travel 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 Travel Bag Market Size and Volume Forecast by Application
10.4.1. Men
10.4.2. Women
10.4.3. Kid
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Travel Bag Market Size and Volume Forecast by Type
10.7.1. Lightweight Carry-Ons
10.7.2. Wheeled Duffel Bags and Rolling Luggage
10.7.3. Backpacks and Wheeled Backpacks
10.7.4. Travel Packs
10.7.5. Others
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 Travel Bag Demand Share Forecast, 2019-2026
11. Europe Travel 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 Travel 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 Travel Bag Market Size and Volume Forecast by Application
11.4.1. Men
11.4.2. Women
11.4.3. Kid
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Travel Bag Market Size and Volume Forecast by Type
11.7.1. Lightweight Carry-Ons
11.7.2. Wheeled Duffel Bags and Rolling Luggage
11.7.3. Backpacks and Wheeled Backpacks
11.7.4. Travel Packs
11.7.5. Others
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 Travel Bag Demand Share, 2019-2026
12. Asia Pacific Travel 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 Travel 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 Travel Bag Market Size and Volume Forecast by Application
12.4.1. Men
12.4.2. Women
12.4.3. Kid
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Travel Bag Market Size and Volume Forecast by Type
12.7.1. Lightweight Carry-Ons
12.7.2. Wheeled Duffel Bags and Rolling Luggage
12.7.3. Backpacks and Wheeled Backpacks
12.7.4. Travel Packs
12.7.5. Others
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 Travel Bag Demand Share, 2019-2026
13. Middle East & Africa Travel 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 Travel 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 Travel Bag Market Size and Volume Forecast by Application
13.4.1. Men
13.4.2. Women
13.4.3. Kid
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Travel Bag Market Size and Volume Forecast by Type
13.7.1. Lightweight Carry-Ons
13.7.2. Wheeled Duffel Bags and Rolling Luggage
13.7.3. Backpacks and Wheeled Backpacks
13.7.4. Travel Packs
13.7.5. Others
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 Travel Bag Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Travel Bag Market: Market Share Analysis
14.2. Travel Bag Distributors and Customers
14.3. Travel Bag Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsonite
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Osprey
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VF Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Victorinox
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Travelers Choice
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lowe Alpine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Deuter
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Standard Luggage Co
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Timbuk2
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Herschel Supply
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rimowa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Louis Vuitton
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Delsey
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Antler
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hermes
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Crown
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HIDEO WAKAMATSU
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ACE
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
