Global luggage market 2024-2028

Description

List of Tables

Technavio has been monitoring the luggage market and is forecast to grow by USD 14617.3 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. Our report on the luggage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing global travel and tourism industry augmenting its growth, rising participation of women and children in sports, and shifting preferences for a better lifestyle.

Technavio's luggage market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.32%
CAGR	8.09%
Incremental Value	$14617.3mn

By Distribution Channel

Specialty stores
Department stores hypermarkets and supermarkets
Online retail
Warehouse clubs

By Product

Travel luggage
Casual luggage
Business luggage
Sports luggage

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the introduction of convertible and foldable luggage as one of the prime reasons driving the luggage market growth during the next few years. Also, advent of innovative product features and advances in technology for security and increasing emphasis on R and D activities by key competitors will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the luggage market covers the following areas:

Luggage market sizing
Luggage market forecast
Luggage market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luggage market vendors that include Adidas AG, Brics Industria Valigeria Fine Spa, DELSEY, Fox Luggage Inc., Groupe Artemis, LVMH Moet Hennessy Louis Vuitton SE, MCM Products USA Inc., Nike Inc., Safari Industries India Ltd., Samsonite International S.A., Strandbags Group Pty Ltd., Tapestry Inc., Under Armour Inc., United States Luggage Co. LLC, Valigeria Roncato Spa, VF Corp., Victorinox AG, VIP Industries Ltd., Wildcraft India Pvt. Ltd., and Yonex Co. Ltd.. Also, the luggage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41090

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Luggage Market 2018 - 2022
- Historic Market Size - Data Table on Global Luggage Market 2018 - 2022 ($ million)
4.2 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
6.3 Specialty stores - Market size and forecast 2023-2028
- Chart on Specialty stores - Market size and forecast 2023-2028 ($ million)
- Data Table on Specialty stores - Market size and forecast 2023-2028 ($ million)
- Chart on Specialty stores - Year-over-year growth 2023-2028 (%)
- Data Table on Specialty stores - Year-over-year growth 2023-2028 (%)
6.4 Department stores hypermarkets and supermarkets - Market size and forecast 2023-2028
- Chart on Department stores hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ million)
- Data Table on Department stores hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ million)
- Chart on Department stores hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
- Data Table on Department stores hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
6.5 Online retail - Market size and forecast 2023-2028
- Chart on Online retail - Market size and forecast 2023-2028 ($ million)
- Data Table on Online retail - Market size and forecast 2023-2028 ($ million)
- Chart on Online retail - Year-over-year growth 2023-2028 (%)
- Data Table on Online retail - Year-over-year growth 2023-2028 (%)
6.6 Warehouse clubs - Market size and forecast 2023-2028
- Chart on Warehouse clubs - Market size and forecast 2023-2028 ($ million)
- Data Table on Warehouse clubs - Market size and forecast 2023-2028 ($ million)
- Chart on Warehouse clubs - Year-over-year growth 2023-2028 (%)
- Data Table on Warehouse clubs - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Product

7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
7.3 Travel luggage - Market size and forecast 2023-2028
- Chart on Travel luggage - Market size and forecast 2023-2028 ($ million)
- Data Table on Travel luggage - Market size and forecast 2023-2028 ($ million)
- Chart on Travel luggage - Year-over-year growth 2023-2028 (%)
- Data Table on Travel luggage - Year-over-year growth 2023-2028 (%)
7.4 Casual luggage - Market size and forecast 2023-2028
- Chart on Casual luggage - Market size and forecast 2023-2028 ($ million)
- Data Table on Casual luggage - Market size and forecast 2023-2028 ($ million)
- Chart on Casual luggage - Year-over-year growth 2023-2028 (%)
- Data Table on Casual luggage - Year-over-year growth 2023-2028 (%)
7.5 Business luggage - Market size and forecast 2023-2028
- Chart on Business luggage - Market size and forecast 2023-2028 ($ million)
- Data Table on Business luggage - Market size and forecast 2023-2028 ($ million)
- Chart on Business luggage - Year-over-year growth 2023-2028 (%)
- Data Table on Business luggage - Year-over-year growth 2023-2028 (%)
7.6 Sports luggage - Market size and forecast 2023-2028
- Chart on Sports luggage - Market size and forecast 2023-2028 ($ million)
- Data Table on Sports luggage - Market size and forecast 2023-2028 ($ million)
- Chart on Sports luggage - Year-over-year growth 2023-2028 (%)
- Data Table on Sports luggage - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Adidas AG
- Adidas AG - Overview
- Adidas AG - Product / Service
- Adidas AG - Key offerings
12.4 Brics Industria Valigeria Fine Spa
- Brics Industria Valigeria Fine Spa - Overview
- Brics Industria Valigeria Fine Spa - Product / Service
- Brics Industria Valigeria Fine Spa - Key offerings
12.5 DELSEY
- DELSEY - Overview
- DELSEY - Product / Service
- DELSEY - Key offerings
12.6 Groupe Artemis
- Groupe Artemis - Overview
- Groupe Artemis - Product / Service
- Groupe Artemis - Key offerings
12.7 LVMH Moet Hennessy Louis Vuitton SE
- LVMH Moet Hennessy Louis Vuitton SE - Overview
- LVMH Moet Hennessy Louis Vuitton SE - Business segments
- LVMH Moet Hennessy Louis Vuitton SE - Key offerings
- LVMH Moet Hennessy Louis Vuitton SE - Segment focus
12.8 MCM Products USA Inc.
- MCM Products USA Inc. - Overview
- MCM Products USA Inc. - Product / Service
- MCM Products USA Inc. - Key offerings
12.9 Nike Inc.
- Nike Inc. - Overview
- Nike Inc. - Business segments
- Nike Inc. - Key news
- Nike Inc. - Key offerings
- Nike Inc. - Segment focus
12.10 Safari Industries India Ltd.
- Safari Industries India Ltd. - Overview
- Safari Industries India Ltd. - Product / Service
- Safari Industries India Ltd. - Key offerings
12.11 Samsonite International S.A.
- Samsonite International S.A. - Overview
- Samsonite International S.A. - Business segments
- Samsonite International S.A. - Key offerings
- Samsonite International S.A. - Segment focus
12.12 Tapestry Inc.
- Tapestry Inc. - Overview
- Tapestry Inc. - Business segments
- Tapestry Inc. - Key offerings
- Tapestry Inc. - Segment focus
12.13 Under Armour Inc.
- Under Armour Inc. - Overview
- Under Armour Inc. - Business segments
- Under Armour Inc. - Key offerings
- Under Armour Inc. - Segment focus
12.14 United States Luggage Co. LLC
- United States Luggage Co. LLC - Overview
- United States Luggage Co. LLC - Product / Service
- United States Luggage Co. LLC - Key offerings
12.15 Valigeria Roncato Spa
- Valigeria Roncato Spa - Overview
- Valigeria Roncato Spa - Product / Service
- Valigeria Roncato Spa - Key offerings
12.16 VF Corp.
- VF Corp. - Overview
- VF Corp. - Business segments
- VF Corp. - Key offerings
- VF Corp. - Segment focus
12.17 VIP Industries Ltd.
- VIP Industries Ltd. - Overview
- VIP Industries Ltd. - Product / Service
- VIP Industries Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 market analysis
- market analysis
13.10 List of abbreviations
- List of abbreviations