Global Bags and Containers Market Size Study, By Type (Backpacks, Travel Bags, Sports Bags and Tote Bags, Others), By Distribution Channel (Online, Offline), By Region, and Regional Forecasts 2022-2032

Description

Global Bags and Containers Market is growing at a CAGR of 4.24% over the forecast period 2024-2032. This growth is fueled by the rising global travel and tourism industry, increasing consumer preference for high-quality luggage, and the expanding middle-class population in developing economies.

The market is being driven by several factors, including the demand for luxury bags, growing involvement in outdoor sports, and the increasing emphasis on stylish, durable, and functional luggage solutions. The e-commerce sector's growth has significantly bolstered the market, with online retail platforms catering to diverse customer demands, ranging from premium products to eco-friendly options. The integration of sustainability practices, such as the use of recyclable materials, aligns with shifting consumer preferences and regulatory requirements, enhancing the appeal of innovative and eco-conscious bags.

Regionally, Asia Pacific dominated the market in 2024, capturing the largest revenue share due to increased travel and tourism activities, coupled with the rising disposable income of middle-class consumers. North America and Europe are also significant markets, driven by consumer demand for convenience, sustainability, and technological innovation in packaging solutions.

The market is characterized by intense competition, with major players investing heavily in research and development to offer innovative, stylish, and eco-friendly products. Companies are also leveraging e-commerce and direct-to-consumer channels to expand their market presence.

Major market players profiled in this report include:

Ace Co. Ltd.
Samsonite International S.A.
Nike, Inc.
Antler Ltd.
LVMH Moet Hennessy Louis Vuitton
VIP Industries Ltd.
Bric's Industria Valigeria Fine SPA
Delsey S.A.
Ralph Lauren Corp.
Valigeria Roncato
V.F. Corporation
Luggage America Inc.
Briggs & Riley Travelware
Tommy Hilfiger
Targus

The detailed segments and sub-segment of the market are explained below:

By Type:

Backpacks
Travel Bags
Sports Bags and Tote Bags
Others

By Distribution Channel:

Offline
Online

By Region:

North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- Russia
- Italy
Asia Pacific
- China
- India
- Japan
Central & South America
- Brazil
- Argentina
Middle East & Africa
- Saudi Arabia
- South Africa

Years considered for the study are as follows:

Historical year -2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market estimates and forecasts for 10 years from 2022 to 2032.
Annualized revenue and regional-level analysis for each segment.
Competitive landscape with key player profiles and strategies.
Analysis of key business drivers and opportunities in the market.

Chapter 1. Global Bags and Containers Market Executive Summary

1.1. Global Bags and Containers Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Bags and Containers Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Bags and Containers Market Dynamics

3.1. Market Drivers
- 3.1.1. Growth of travel and tourism sector
- 3.1.2. Rising disposable income and demand for luxury luggage
- 3.1.3. Sustainability and environmental awareness driving eco-friendly bags
3.2. Market Challenges
- 3.2.1. Volatility in raw material prices
- 3.2.2. Supply chain disruptions
3.3. Market Opportunities
- 3.3.1. Expansion of circular economy practices in the packaging industry
- 3.3.2. Increasing adoption of e-commerce and direct-to-consumer models

Chapter 4. Global Bags and Containers Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Key Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Analyst Recommendation & Conclusion

Chapter 5. Global Bags and Containers Market Size & Forecast by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Bags and Containers Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Backpacks
- 5.2.2. Travel Bags
- 5.2.3. Sports Bags and Tote Bags
- 5.2.4. Others

Chapter 6. Global Bags and Containers Market Size & Forecast by Distribution Channel 2022-2032

6.1. Segment Dashboard
6.2. Global Bags and Containers Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Offline
- 6.2.2. Online

Chapter 7. Global Bags and Containers Market Size & Forecast by Region 2022-2032

7.1. North America Bags and Containers Market
- 7.1.1. U.S. Bags and Containers Market
  - 7.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Distribution Channel breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Bags and Containers Market
7.2. Europe Bags and Containers Market
- 7.2.1. Germany Bags and Containers Market
- 7.2.2. UK Bags and Containers Market
- 7.2.3. France Bags and Containers Market
- 7.2.4. Russia Bags and Containers Market
- 7.2.5. Italy Bags and Containers Market
- 7.2.6. Rest of Europe Bags and Containers Market
7.3. Asia Pacific Bags and Containers Market
- 7.3.1. China Bags and Containers Market
- 7.3.2. India Bags and Containers Market
- 7.3.3. Japan Bags and Containers Market
- 7.3.4. Rest of Asia Pacific Bags and Containers Market
7.4. Central & South America Bags and Containers Market
- 7.4.1. Brazil Bags and Containers Market
- 7.4.2. Argentina Bags and Containers Market
- 7.4.3. Rest of Central & South America Bags and Containers Market
7.5. Middle East & Africa Bags and Containers Market
- 7.5.1. Saudi Arabia Bags and Containers Market
- 7.5.2. South Africa Bags and Containers Market
- 7.5.3. Rest of Middle East & Africa Bags and Containers Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Samsonite International S.A.
- 8.1.2. Nike, Inc.
- 8.1.3. Ace Co. Ltd.
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Antler Ltd.
- 8.3.2. LVMH Moet Hennessy Louis Vuitton
- 8.3.3. VIP Industries Ltd.
- 8.3.4. Delsey S.A.
- 8.3.5. Ralph Lauren Corp.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes