North America Travel Bags Market Size, Share & Trends Analysis Report By Product (Duffle, Trolley), By Price Range (Economy), By Material, By Type, By Distribution Channel, By Country, And Segment Forecasts, 2024

Description

North America Travel Bags Market Growth & Trends:

The North America travel bags market size is expected to reach USD 11.79 billion by 2030, registering a CAGR of 6.3% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing air passenger traffic domestically and growing trend of family trips over weekends, driven by rising disposable incomes, in the region.

In recent years, economic stability and the resultant rise in disposable incomes of the population have led to growth of the travel & tourism industry in the region, with significantly growing trends of domestic travel and family vacations over weekends. The reasonable air fares for domestic travel have also led to increasing traffic of business personnel in air transport, most notably in the U.S.

The short duration of such trips has led to the demand for smaller and convenient travel goods, including bags, such as duffle bags, trolleys, and backpacks. The further growth of the travel industry in the region is expected to have significant impacts on the growth of the travel bags market during the forecast period.

Duffle bag is the largest travel bag segment in 2016 and is anticipated to register a lucrative growth rate over the analysis period. However, prepared trolley bags are anticipated to witness fastest CAGR of 7.1%, from 2017 to 2025.

The growth of duffle bag segment can be attributed to the growing traveler preferences towards this type of bags, most notably for travels of short durations, wherein the bag offers major advantages such as convenience, large packing space, and lightweight.

North America Travel Bags Market Report Highlights:

The North America travel bags market size was valued at USD 7.72 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.
Duffle bag generates the highest revenue in the market while trolley bag is anticipated to register fastest growth rate over the forecast period
By distribution channel, supermarkets held the largest market share of 35.3% in the overall market. However, the online sales channels are anticipated to witness the fastest CAGR over the forecast period
The U.S. dominated the North American travel bags market, with a market share of 71.7% in 2023

Product Code: GVR-2-68038-157-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. North America Travel Bags Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. North America Travel Bags Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations

Chapter 5. North America Travel Bags Market: Type Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. North America Travel Bags Market: Type Movement Analysis, 2023 & 2030 (USD Million)
5.3. Hard Side
- 5.3.1. Hard Side Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Soft Side
- 5.4.1. Soft Side Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. North America Travel Bags Market: Product Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. North America Travel Bags Market: Product Movement Analysis, 2023 & 2030 (USD Million)
6.3. Duffle
- 6.3.1. Duffle Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Trolley
- 6.4.1. Trolley Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Backpacks
- 6.5.1. Backpacks Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. North America Travel Bags Market: Price Range Estimates & Trend Analysis

7.1. Segment Dashboard
7.2. North America Travel Bags Market: Price Range Movement Analysis, 2023 & 2030 (USD Million)
7.3. Economy
- 7.3.1. Economy Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Mid-Range/Premium
- 7.4.1. Mid-Range/Premium Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Luxury
- 7.5.1. Luxury Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. North America Travel Bags Market: Material Estimates & Trend Analysis

8.1. Segment Dashboard
8.2. North America Travel Bags Market: Material Movement Analysis, 2023 & 2030 (USD Million)
8.3. Nylon
- 8.3.1. Nylon Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Leather
- 8.4.1. Leather Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5. Canvas
- 8.5.1. Canvas Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6. Plastic (polycarbonate and ABS)
- 8.6.1. Plastic (polycarbonate ABS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
8.7. Others
- 8.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 9. North America Travel Bags Market: Distribution Channel Estimates & Trend Analysis

9.1. Segment Dashboard
9.2. North America Travel Bags Market: Distribution Channel Movement Analysis, 2023 & 2030 (USD Million)
9.3. Supermarkets/Hypermarket
- 9.3.1. Supermarkets/Hypermarket Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
9.4. Specialty Stores
- 9.4.1. Specialty Stores Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
9.5. Online Stores
- 9.5.1. Online Stores Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
9.6. Others
- 9.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 10. North America Travel Bags Market: Country Estimates & Trend Analysis

10.1. North America Travel Bags Market Share, By Country, 2023 & 2030, USD Million
10.2. North America
- 10.2.1. North America North America Travel Bags Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.2. U.S.
  - 10.2.2.1. U.S. Travel Bags Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.3. Canada
  - 10.2.3.1. Canada Travel Bags Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.4. Mexico
  - 10.2.4.1. Mexico Travel Bags Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 11. Competitive Landscape

11.1. Recent Developments & Impact Analysis by Key Market Participants
11.2. Company Categorization
11.3. Company Heat Map Analysis
11.4. Company Profiles
- 11.4.1. Samsonite IP Holdings S.a r.l.
  - 11.4.1.1. Participant's Overview
  - 11.4.1.2. Financial Performance
  - 11.4.1.3. Product Benchmarking
  - 11.4.1.4. Recent Developments/ Strategic Initiatives
- 11.4.2. Antler USA
  - 11.4.2.1. Participant's Overview
  - 11.4.2.2. Financial Performance
  - 11.4.2.3. Product Benchmarking
  - 11.4.2.4. Recent Developments/ Strategic Initiatives
- 11.4.3. Bric's industria valigeria fine spa
  - 11.4.3.1. Participant's Overview
  - 11.4.3.2. Financial Performance
  - 11.4.3.3. Product Benchmarking
  - 11.4.3.4. Recent Developments/ Strategic Initiatives
- 11.4.4. DELSEY KSA
  - 11.4.4.1. Participant's Overview
  - 11.4.4.2. Financial Performance
  - 11.4.4.3. Product Benchmarking
  - 11.4.4.4. Recent Developments/ Strategic Initiatives
- 11.4.5. OLYMPIA USA SHOPPING
  - 11.4.5.1. Participant's Overview
  - 11.4.5.2. Financial Performance
  - 11.4.5.3. Product Benchmarking
  - 11.4.5.4. Recent Developments/ Strategic Initiatives
- 11.4.6. LVMH Moet Hennessy Louis Vuitton
  - 11.4.6.1. Participant's Overview
  - 11.4.6.2. Financial Performance
  - 11.4.6.3. Product Benchmarking
  - 11.4.6.4. Recent Developments/ Strategic Initiatives
- 11.4.7. Nike, Inc.
  - 11.4.7.1. Participant's Overview
  - 11.4.7.2. Financial Performance
  - 11.4.7.3. Product Benchmarking
  - 11.4.7.4. Recent Developments/ Strategic Initiatives
- 11.4.8. V.F. Corporation
  - 11.4.8.1. Participant's Overview
  - 11.4.8.2. Financial Performance
  - 11.4.8.3. Product Benchmarking
  - 11.4.8.4. Recent Developments/ Strategic Initiatives
- 11.4.9. Valigeria Roncato
  - 11.4.9.1. Participant's Overview
  - 11.4.9.2. Financial Performance
  - 11.4.9.3. Product Benchmarking
  - 11.4.9.4. Recent Developments/ Strategic Initiatives
- 11.4.10. VIP Industries Ltd.
  - 11.4.10.1. Participant's Overview
  - 11.4.10.2. Financial Performance
  - 11.4.10.3. Product Benchmarking
  - 11.4.10.4. Recent Developments/ Strategic Initiatives

North America Travel Bags Market Size, Share & Trends Analysis Report By Product (Duffle, Trolley), By Price Range (Economy), By Material, By Type, By Distribution Channel, By Country, And Segment Forecasts, 2024 - 2030