The Global Travel Bag Market size is expected to reach $28.1 billion by 2030, rising at a market growth of 5.7% CAGR during the forecast period.
Travel bags placed in prominent locations within supermarkets/hypermarkets gain increased visibility. Consequently, the Supermarkets/hypermarkets segment captured $4,780.6 million revenue in the market in 2022. Supermarkets/hypermarkets are known for attracting a high volume of foot traffic. By placing travel bags in these retail settings, manufacturers and retailers tap into the potential for impulse purchases. This visibility increases the chances of consumers noticing and considering the purchase of a travel bag during their shopping trips.
Air travel regulations often impose restrictions on the size and weight of luggage. The manufacturers design products that adhere to these regulations, offering consumers bags that maximize packing capacity while staying within airline-mandated limits. The bags with 360-degree spinner wheels, telescopic handles, and ergonomic designs enhance the ease of movement, reducing the stress of carrying luggage through airports. Hence, ease of air travel and security considerations has been a pivotal factor in driving the growth of the market.
Urbanization often leads to a faster-paced lifestyle, where individuals are more likely to travel frequently. according to the report by the World Bank updated in 2023, 56% of the world's population, or 4.4 billion people, live in cities. By 2050, nearly 7 out of 10 individuals are projected to reside in cities, representing a more than doubling of the current urban population. Therefore, the market is expanding significantly due to the urbanization and changing lifestyles.
However, economic downturns often result in a decline in individuals' disposable income. With less money available for discretionary spending, consumers prioritize essential goods over non-essential items like travel bags. The decline in business travel, where individuals may require specific travel bags, can reduce demand within this market segment. Thus, economic downturns and consumer spending can slow down the growth of the market.
By Material Analysis
By material, the market is categorized into hard-side and soft-side. The hard-side segment covered a 28.49% revenue share in the market in 2022. Hard-side luggage often has integrated security features, such as built-in TSA-approved locks. A traveler's peace of mind regarding the safety of their possessions while in transit is assured by the additional layer of protection that these locks afford the bag's contents. The security features contribute to the appeal of hard-side luggage for those prioritizing protection.
By Luggage Type Analysis.
Based on luggage type, the market is classified into duffle, trolley, and backpacks.In 2022, the duffle segment witnessed 49.20% revenue share in the market. Duffle bags are known for their versatility and adaptability to different travel situations. They are suitable for various purposes, including weekend getaways, gym sessions, business trips, and sports activities. The ability of duffle bags to accommodate different packing needs makes them versatile companions for a diverse range of travelers.
By Distribution Channel Analysis
By distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores, factory outlets, online stores, and others. The factory outlets segment captured 8.1% revenue share in the market in 2022. Factory outlets provide opportunities for consumers to make bulk purchases at discounted rates. Travelers planning group trips, families needing multiple bags, or individuals looking to buy luggage for different purposes can take advantage of bulk purchase discounts offered at factory outlets.
By Price Range Analysis
On the basis of price range, the market is divided into premium, medium range, and low range. In 2022, the medium range segment dominated the market with 51.3% revenue share. Medium-range travel bags often incorporate functional features in premium options but at a more affordable price. Features like multiple compartments, durable materials, and ergonomic designs are attractive to consumers who want practical and well-designed luggage without the premium price tag.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired a 29.2% revenue share in the market. The urbanization of North American societies has led to lifestyle and consumer preferences changes. North America encompasses diverse travel environments, including city getaways, beach vacations, mountain retreats, and business trips.
Recent Strategies Deployed in the Market
- Nov-2023: Kering S.A. plans to geographically expand its stores across China to bolster its growth and diversify its brand portfolio. This expansion will expand the business aspect in China and establish a meaningful connection with Chinese consumers.
- Nov-2023: Delsey Paris plans to geographically expand its manufacturing hub in India to shift half its production to Southeast Asia and India. The products will be made available to customers via the brand's websites. Through this expansion, the company is planning to expand its geographical presence and brand portfolio.
- Nov-2023: RIMOWA GmbH has expanded its presence in India. The new store is located at the newly opened biggest luxury mall in India, Jio World Plaza, in Mumbai. Through this decision, the company will expand its global presence in a growing market with increasing demand for premium luggage brands.
- Sep-2023: Delsey Paris unveiled its new collection, REMPART, for fashionable travelers who seek to travel in style and also look for reliable and spacious luggage. Through this launch, the company will continue to inspire and create for the modern traveler.
- Apr-2023: Samsonite South Asia, a part of Samsonite International S.A., plans for geographical expansion at its Nashik plant to meet the demand for travel luggage. The company plans to invest ₹160 crore in this expenditure. Through this expansion, Samsonite aimed to increase the number of company-owned stores to 65 from 40, while the overall presence will increase to 600 from 460 retail stores by the end of this year.
List of Key Companies Profiled
- LVMH SE (RIMOWA GmbH)
- Samsonite International S.A.
- Kering S.A
- Ace Co. Ltd.
- VIP Industries Limited
- DELSEY PARIS
- United States Luggage Company, LLC.
- Travelpro Products, Inc. (MidOcean US Advisor, LP)
- JRSK, Inc.
- Targus
Global Travel Bag Market Report Segmentation
By Material
By Luggage Type
By Distribution Channel
- Specialty Stores
- Supermarkets/Hypermarkets
- Online Stores
- Factory Outlets
- Others
By Price Range
- Medium Range
- Low Range
- Premium
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Travel Bag Market, by Material
- 1.4.2Global Travel Bag Market, by Luggage Type
- 1.4.3Global Travel Bag Market, by Distribution Channel
- 1.4.4Global Travel Bag Market, by Price Range
- 1.4.5Global Travel Bag Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Strategies Deployed in Travel Bag Market
Chapter 5.Global Travel Bag Market by Material
- 5.1Global Soft-Side Market by Region
- 5.2Global Hard-Side Market by Region
Chapter 6.Global Travel Bag Market by Luggage Type
- 6.1Global Duffle Market by Region
- 6.2Global Backpacks Market by Region
- 6.3Global Trolley Market by Region
Chapter 7.Global Travel Bag Market by Distribution Channel
- 7.1Global Specialty Stores Market by Region
- 7.2Global Supermarkets/Hypermarkets Market by Region
- 7.3Global Online Stores Market by Region
- 7.4Global Factory Outlets Market by Region
- 7.5Global Others Market by Region
Chapter 8.Global Travel Bag Market by Price Range
- 8.1Global Medium Range Market by Region
- 8.2Global Low Range Market by Region
- 8.3Global Premium Market by Region
Chapter 9.Global Travel Bag Market by Region
- 9.1North America Travel Bag Market
- 9.1.1North America Travel Bag Market by Material
- 9.1.1.1North America Soft-Side Market by Region
- 9.1.1.2North America Hard-Side Market by Region
- 9.1.2North America Travel Bag Market by Luggage Type
- 9.1.2.1North America Duffle Market by Country
- 9.1.2.2North America Backpacks Market by Country
- 9.1.2.3North America Trolley Market by Country
- 9.1.3North America Travel Bag Market by Distribution Channel
- 9.1.3.1North America Specialty Stores Market by Country
- 9.1.3.2North America Supermarkets/Hypermarkets Market by Country
- 9.1.3.3North America Online Stores Market by Country
- 9.1.3.4North America Factory Outlets Market by Country
- 9.1.3.5North America Others Market by Country
- 9.1.4North America Travel Bag Market by Price Range
- 9.1.4.1North America Medium Range Market by Country
- 9.1.4.2North America Low Range Market by Country
- 9.1.4.3North America Premium Market by Country
- 9.1.5North America Travel Bag Market by Country
- 9.1.5.1US Travel Bag Market
- 9.1.5.1.1US Travel Bag Market by Material
- 9.1.5.1.2US Travel Bag Market by Luggage Type
- 9.1.5.1.3US Travel Bag Market by Distribution Channel
- 9.1.5.1.4US Travel Bag Market by Price Range
- 9.1.5.2Canada Travel Bag Market
- 9.1.5.2.1Canada Travel Bag Market by Material
- 9.1.5.2.2Canada Travel Bag Market by Luggage Type
- 9.1.5.2.3Canada Travel Bag Market by Distribution Channel
- 9.1.5.2.4Canada Travel Bag Market by Price Range
- 9.1.5.3Mexico Travel Bag Market
- 9.1.5.3.1Mexico Travel Bag Market by Material
- 9.1.5.3.2Mexico Travel Bag Market by Luggage Type
- 9.1.5.3.3Mexico Travel Bag Market by Distribution Channel
- 9.1.5.3.4Mexico Travel Bag Market by Price Range
- 9.1.5.4Rest of North America Travel Bag Market
- 9.1.5.4.1Rest of North America Travel Bag Market by Material
- 9.1.5.4.2Rest of North America Travel Bag Market by Luggage Type
- 9.1.5.4.3Rest of North America Travel Bag Market by Distribution Channel
- 9.1.5.4.4Rest of North America Travel Bag Market by Price Range
- 9.2Europe Travel Bag Market
- 9.2.1Europe Travel Bag Market by Material
- 9.2.1.1Europe Soft-Side Market by Country
- 9.2.1.2Europe Hard-Side Market by Country
- 9.2.2Europe Travel Bag Market by Luggage Type
- 9.2.2.1Europe Duffle Market by Country
- 9.2.2.2Europe Backpacks Market by Country
- 9.2.2.3Europe Trolley Market by Country
- 9.2.3Europe Travel Bag Market by Distribution Channel
- 9.2.3.1Europe Specialty Stores Market by Country
- 9.2.3.2Europe Supermarkets/Hypermarkets Market by Country
- 9.2.3.3Europe Online Stores Market by Country
- 9.2.3.4Europe Factory Outlets Market by Country
- 9.2.3.5Europe Others Market by Country
- 9.2.4Europe Travel Bag Market by Price Range
- 9.2.4.1Europe Medium Range Market by Country
- 9.2.4.2Europe Low Range Market by Country
- 9.2.4.3Europe Premium Market by Country
- 9.2.5Europe Travel Bag Market by Country
- 9.2.5.1Germany Travel Bag Market
- 9.2.5.1.1Germany Travel Bag Market by Material
- 9.2.5.1.2Germany Travel Bag Market by Luggage Type
- 9.2.5.1.3Germany Travel Bag Market by Distribution Channel
- 9.2.5.1.4Germany Travel Bag Market by Price Range
- 9.2.5.2UK Travel Bag Market
- 9.2.5.2.1UK Travel Bag Market by Material
- 9.2.5.2.2UK Travel Bag Market by Luggage Type
- 9.2.5.2.3UK Travel Bag Market by Distribution Channel
- 9.2.5.2.4UK Travel Bag Market by Price Range
- 9.2.5.3France Travel Bag Market
- 9.2.5.3.1France Travel Bag Market by Material
- 9.2.5.3.2France Travel Bag Market by Luggage Type
- 9.2.5.3.3France Travel Bag Market by Distribution Channel
- 9.2.5.3.4France Travel Bag Market by Price Range
- 9.2.5.4Russia Travel Bag Market
- 9.2.5.4.1Russia Travel Bag Market by Material
- 9.2.5.4.2Russia Travel Bag Market by Luggage Type
- 9.2.5.4.3Russia Travel Bag Market by Distribution Channel
- 9.2.5.4.4Russia Travel Bag Market by Price Range
- 9.2.5.5Spain Travel Bag Market
- 9.2.5.5.1Spain Travel Bag Market by Material
- 9.2.5.5.2Spain Travel Bag Market by Luggage Type
- 9.2.5.5.3Spain Travel Bag Market by Distribution Channel
- 9.2.5.5.4Spain Travel Bag Market by Price Range
- 9.2.5.6Italy Travel Bag Market
- 9.2.5.6.1Italy Travel Bag Market by Material
- 9.2.5.6.2Italy Travel Bag Market by Luggage Type
- 9.2.5.6.3Italy Travel Bag Market by Distribution Channel
- 9.2.5.6.4Italy Travel Bag Market by Price Range
- 9.2.5.7Rest of Europe Travel Bag Market
- 9.2.5.7.1Rest of Europe Travel Bag Market by Material
- 9.2.5.7.2Rest of Europe Travel Bag Market by Luggage Type
- 9.2.5.7.3Rest of Europe Travel Bag Market by Distribution Channel
- 9.2.5.7.4Rest of Europe Travel Bag Market by Price Range
- 9.3Asia Pacific Travel Bag Market
- 9.3.1Asia Pacific Travel Bag Market by Material
- 9.3.1.1Asia Pacific Soft-Side Market by Country
- 9.3.1.2Asia Pacific Hard-Side Market by Country
- 9.3.2Asia Pacific Travel Bag Market by Luggage Type
- 9.3.2.1Asia Pacific Duffle Market by Country
- 9.3.2.2Asia Pacific Backpacks Market by Country
- 9.3.2.3Asia Pacific Trolley Market by Country
- 9.3.3Asia Pacific Travel Bag Market by Distribution Channel
- 9.3.3.1Asia Pacific Specialty Stores Market by Country
- 9.3.3.2Asia Pacific Supermarkets/Hypermarkets Market by Country
- 9.3.3.3Asia Pacific Online Stores Market by Country
- 9.3.3.4Asia Pacific Factory Outlets Market by Country
- 9.3.3.5Asia Pacific Others Market by Country
- 9.3.4Asia Pacific Travel Bag Market by Price Range
- 9.3.4.1Asia Pacific Medium Range Market by Country
- 9.3.4.2Asia Pacific Low Range Market by Country
- 9.3.4.3Asia Pacific Premium Market by Country
- 9.3.5Asia Pacific Travel Bag Market by Country
- 9.3.5.1China Travel Bag Market
- 9.3.5.1.1China Travel Bag Market by Material
- 9.3.5.1.2China Travel Bag Market by Luggage Type
- 9.3.5.1.3China Travel Bag Market by Distribution Channel
- 9.3.5.1.4China Travel Bag Market by Price Range
- 9.3.5.2Japan Travel Bag Market
- 9.3.5.2.1Japan Travel Bag Market by Material
- 9.3.5.2.2Japan Travel Bag Market by Luggage Type
- 9.3.5.2.3Japan Travel Bag Market by Distribution Channel
- 9.3.5.2.4Japan Travel Bag Market by Price Range
- 9.3.5.3India Travel Bag Market
- 9.3.5.3.1India Travel Bag Market by Material
- 9.3.5.3.2India Travel Bag Market by Luggage Type
- 9.3.5.3.3India Travel Bag Market by Distribution Channel
- 9.3.5.3.4India Travel Bag Market by Price Range
- 9.3.5.4South Korea Travel Bag Market
- 9.3.5.4.1South Korea Travel Bag Market by Material
- 9.3.5.4.2South Korea Travel Bag Market by Luggage Type
- 9.3.5.4.3South Korea Travel Bag Market by Distribution Channel
- 9.3.5.4.4South Korea Travel Bag Market by Price Range
- 9.3.5.5Singapore Travel Bag Market
- 9.3.5.5.1Singapore Travel Bag Market by Material
- 9.3.5.5.2Singapore Travel Bag Market by Luggage Type
- 9.3.5.5.3Singapore Travel Bag Market by Distribution Channel
- 9.3.5.5.4Singapore Travel Bag Market by Price Range
- 9.3.5.6Malaysia Travel Bag Market
- 9.3.5.6.1Malaysia Travel Bag Market by Material
- 9.3.5.6.2Malaysia Travel Bag Market by Luggage Type
- 9.3.5.6.3Malaysia Travel Bag Market by Distribution Channel
- 9.3.5.6.4Malaysia Travel Bag Market by Price Range
- 9.3.5.7Rest of Asia Pacific Travel Bag Market
- 9.3.5.7.1Rest of Asia Pacific Travel Bag Market by Material
- 9.3.5.7.2Rest of Asia Pacific Travel Bag Market by Luggage Type
- 9.3.5.7.3Rest of Asia Pacific Travel Bag Market by Distribution Channel
- 9.3.5.7.4Rest of Asia Pacific Travel Bag Market by Price Range
- 9.4LAMEA Travel Bag Market
- 9.4.1LAMEA Travel Bag Market by Material
- 9.4.1.1LAMEA Soft-Side Market by Country
- 9.4.1.2LAMEA Hard-Side Market by Country
- 9.4.2LAMEA Travel Bag Market by Luggage Type
- 9.4.2.1LAMEA Duffle Market by Country
- 9.4.2.2LAMEA Backpacks Market by Country
- 9.4.2.3LAMEA Trolley Market by Country
- 9.4.3LAMEA Travel Bag Market by Distribution Channel
- 9.4.3.1LAMEA Specialty Stores Market by Country
- 9.4.3.2LAMEA Supermarkets/Hypermarkets Market by Country
- 9.4.3.3LAMEA Online Stores Market by Country
- 9.4.3.4LAMEA Factory Outlets Market by Country
- 9.4.3.5LAMEA Others Market by Country
- 9.4.4LAMEA Travel Bag Market by Price Range
- 9.4.4.1LAMEA Medium Range Market by Country
- 9.4.4.2LAMEA Low Range Market by Country
- 9.4.4.3LAMEA Premium Market by Country
- 9.4.5LAMEA Travel Bag Market by Country
- 9.4.5.1Brazil Travel Bag Market
- 9.4.5.1.1Brazil Travel Bag Market by Material
- 9.4.5.1.2Brazil Travel Bag Market by Luggage Type
- 9.4.5.1.3Brazil Travel Bag Market by Distribution Channel
- 9.4.5.1.4Brazil Travel Bag Market by Price Range
- 9.4.5.2Argentina Travel Bag Market
- 9.4.5.2.1Argentina Travel Bag Market by Material
- 9.4.5.2.2Argentina Travel Bag Market by Luggage Type
- 9.4.5.2.3Argentina Travel Bag Market by Distribution Channel
- 9.4.5.2.4Argentina Travel Bag Market by Price Range
- 9.4.5.3UAE Travel Bag Market
- 9.4.5.3.1UAE Travel Bag Market by Material
- 9.4.5.3.2UAE Travel Bag Market by Luggage Type
- 9.4.5.3.3UAE Travel Bag Market by Distribution Channel
- 9.4.5.3.4UAE Travel Bag Market by Price Range
- 9.4.5.4Saudi Arabia Travel Bag Market
- 9.4.5.4.1Saudi Arabia Travel Bag Market by Material
- 9.4.5.4.2Saudi Arabia Travel Bag Market by Luggage Type
- 9.4.5.4.3Saudi Arabia Travel Bag Market by Distribution Channel
- 9.4.5.4.4Saudi Arabia Travel Bag Market by Price Range
- 9.4.5.5South Africa Travel Bag Market
- 9.4.5.5.1South Africa Travel Bag Market by Material
- 9.4.5.5.2South Africa Travel Bag Market by Luggage Type
- 9.4.5.5.3South Africa Travel Bag Market by Distribution Channel
- 9.4.5.5.4South Africa Travel Bag Market by Price Range
- 9.4.5.6Nigeria Travel Bag Market
- 9.4.5.6.1Nigeria Travel Bag Market by Material
- 9.4.5.6.2Nigeria Travel Bag Market by Luggage Type
- 9.4.5.6.3Nigeria Travel Bag Market by Distribution Channel
- 9.4.5.6.4Nigeria Travel Bag Market by Price Range
- 9.4.5.7Rest of LAMEA Travel Bag Market
- 9.4.5.7.1Rest of LAMEA Travel Bag Market by Material
- 9.4.5.7.2Rest of LAMEA Travel Bag Market by Luggage Type
- 9.4.5.7.3Rest of LAMEA Travel Bag Market by Distribution Channel
- 9.4.5.7.4Rest of LAMEA Travel Bag Market by Price Range
Chapter 10.Company Profiles
- 10.1LVMH SE (RIMOWA GmbH)
- 10.1.1Company Overview
- 10.1.2Financial Analysis
- 10.1.3Segmental and Regional Analysis
- 10.1.4Recent strategies and developments:
- 10.1.4.1Product Launches and Product Expansions:
- 10.1.4.2Geographical Expansions:
- 10.1.5SWOT Analysis
- 10.2Samsonite International S.A.
- 10.2.1Company Overview
- 10.2.2Financial Analysis
- 10.2.3Regional Analysis
- 10.2.4Research & Development Expenses
- 10.2.5Recent strategies and developments:
- 10.2.5.1Partnerships, Collaborations, and Agreements:
- 10.2.5.2Product Launches and Product Expansions:
- 10.2.5.3Geographical Expansions:
- 10.2.6SWOT Analysis
- 10.3Kering S.A
- 10.3.1Company Overview
- 10.3.2Financial Analysis
- 10.3.3Segmental and Regional Analysis
- 10.3.4Recent strategies and developments:
- 10.3.4.1Geographical Expansions:
- 10.3.5SWOT Analysis
- 10.4Ace Co. Ltd.
- 10.4.1Company Overview
- 10.4.2SWOT Analysis
- 10.5VIP Industries Limited
- 10.5.1Company Overview
- 10.5.2Recent strategies and developments:
- 10.5.2.1Product Launches and Product Expansions:
- 10.5.3SWOT Analysis
- 10.6DELSEY PARIS
- 10.6.1Company Overview
- 10.6.2Recent strategies and developments:
- 10.6.2.1Product Launches and Product Expansions:
- 10.6.2.2Geographical Expansions:
- 10.6.3SWOT Analysis
- 10.7United States Luggage Company, LLC.
- 10.8Travelpro Products, Inc. (MidOcean US Advisor, LP)
- 10.8.1Company Overview
- 10.8.2SWOT Analysis
- 10.9JRSK, Inc.
- 10.9.1Company Overview
- 10.9.2SWOT Analysis
- 10.10.Targus
- 10.10.1Company Overview
- 10.10.2SWOT Analysis
Chapter 11.Winning imperative of Travel Bag Market