Travel bags Global Market Report 2024

Description

Travel bags are specialized luggage items crafted for securely and conveniently transporting belongings during travel. These bags come in diverse shapes, sizes, and designs, tailored to be durable and functional, ensuring travelers have a reliable and organized method for carrying clothing, accessories, and other essentials while on the move.

The primary types of products in travel bags include duffels, trolleys, and backpacks. A duffel is characterized by its large cylindrical shape and is usually made of canvas or similar fabric, often featuring a top closure. These bags are crafted from a variety of materials, including polyester, fabric, leather, and others, and are available in various price ranges such as premium, medium, and low. They are distributed through both online and offline channels for consumer convenience.

The travel bags market research report is one of a series of new reports from The Business Research Company that provides travel bags market statistics, including travel bags industry global market size, regional shares, competitors with a travel bags market share, detailed travel bags market segments, market trends and opportunities, and any further data you may need to thrive in the travel bags industry. This travel bags market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The travel bags market size has grown strongly in recent years. It will grow from $18.31 billion in 2023 to $19.74 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth observed during the historical period can be attributed to several factors, including advancements in transportation, evolving fashion and design trends, shifts in consumer preferences and lifestyle choices, effective marketing and advertising strategies, colonial expansion leading to increased travel, as well as cultural shifts and changes in social norms influencing travel behaviors.

The travel bags market size is expected to see strong growth in the next few years. It will grow to $27.09 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The anticipated growth in the forecast period can be attributed to various factors, including the continued urbanization and emphasis on mobility, global travel trends driven by increasing connectivity, the rise of luxury travel experiences, evolving travel regulations and security measures, and the expansion of e-commerce facilitating easier access to travel products.

The burgeoning tourism sector is poised to propel the expansion of the travel bags market. Tourism, characterized by the act of traveling to diverse destinations for leisure, recreation, or cultural exploration, is witnessing an upsurge driven by various factors including heightened social media and digital influence, increased mobility, and the proliferation of sporting events and music festivals. Travel bags serve as indispensable tools for tourists, ensuring convenience, storage, organization, and protection of belongings amidst the challenges of travel. For instance, in June 2022, reports from the US Department of Commerce revealed a rise in international arrivals for travel and tourism in US states, escalating from 19.2 million in 2020 to 22.1 million in 2021, underscoring the impetus behind the travel bags market's growth trajectory.

Key players in the travel bags market are directing their efforts towards developing innovative products, such as transit travel series bags, to remain competitive, meet evolving consumer expectations, and sustain market leadership. Transit travel series bags encompass a collection of travel bags tailored for seamless transit usage, particularly in airports, train stations, or other transportation hubs. For example, in February 2024, WANDRD unveiled a new line of transit travel series bags specifically catering to photographers. These versatile companions boast sleek designs with functional pockets and compartments for easy organization and accessibility. Crafted from durable, weather-resistant materials with reinforced zippers, these bags offer added protection for travelers' essentials, catering to diverse travel needs from daily commuting to photography escapades, thus blending style with functionality.

In January 2024, ILUS International Inc. completed the acquisition of a majority stake in Samsara Luggage Inc., marking a strategic move to establish a new public company structure tailored for emergency response operations. This acquisition is poised to drive ILUS' subsidiary growth and potentially facilitate listing on a major stock exchange. Samsara Luggage Inc., renowned for manufacturing and selling luggage products including travel bags, aligns well with ILUS' strategic objectives, bolstering its presence in the travel bags market and expanding its product portfolio.

Major companies operating in the travel bags market are Louis Vuitton Moet Hennessy, Kering S.A, Eagle Creek Inc., Hermes international, VF corporation, callaway golf company, Samsonite International S.A., Marel Inc., Fenix outdoor, Tumi Holdings Inc., Pelican Products Inc., Black Diamond Equipment Ltd., Delsey SA, Patagonia Inc., Longchamp SAS, Travelpro International Inc., Thule Group, Kipling Retail LLC, High Sierra Sport Company, Timbuk2 Designs Inc., Briggs & Riley Travelware LLC, Swissgear, Rimowa GmbH, Deuter Sport GmbH, Everest Bag

North America was the largest region in the travel bags market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the travel bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the travel bags market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The travel bags market consists of sales of suitcases, backpacks, duffel bags, garment bags, tote bags, rolling luggage, and carry-on bags. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Product: Duffle; Trolley; Backpacks
2) By Material Type: Polyester; Fabric; Leather
3) By Price Range: Premium Price; Medium Price; Low Price
4) By Distribution Channel: Online; Offline
Covering: Louis Vuitton Moet Hennessy; Kering S.A; Eagle Creek Inc.; Hermes international; VF corporation

Product Code: r17457

1. Executive Summary

2. Travel Bags Market Characteristics

3. Travel Bags Market Trends And Strategies

4. Travel Bags Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Travel Bags Market Size and Growth

5.1. Global Travel Bags Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Travel Bags Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Travel Bags Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Travel Bags Market Segmentation

6.1. Global Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Duffle
Trolley
Backpacks
6.2. Global Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Polyester
Fabric
Leather
Other Material Types
6.3. Global Travel Bags Market, Segmentation By Price Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Premium Price
Medium Price
Low Price
6.4. Global Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Online
Offline

7. Travel Bags Market Regional And Country Analysis

7.1. Global Travel Bags Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Travel Bags Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Travel Bags Market

8.1. Asia-Pacific Travel Bags Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Travel Bags Market

9.1. China Travel Bags Market Overview
9.2. China Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Travel Bags Market

10.1. India Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Travel Bags Market

11.1. Japan Travel Bags Market Overview
11.2. Japan Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Travel Bags Market

12.1. Australia Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Travel Bags Market

13.1. Indonesia Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Travel Bags Market

14.1. South Korea Travel Bags Market Overview
14.2. South Korea Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Travel Bags Market

15.1. Western Europe Travel Bags Market Overview
15.2. Western Europe Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Travel Bags Market

16.1. UK Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Travel Bags Market

17.1. Germany Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Travel Bags Market

18.1. France Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Travel Bags Market

19.1. Italy Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Travel Bags Market

20.1. Spain Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Travel Bags Market

21.1. Eastern Europe Travel Bags Market Overview
21.2. Eastern Europe Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Travel Bags Market

22.1. Russia Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Travel Bags Market

23.1. North America Travel Bags Market Overview
23.2. North America Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Travel Bags Market

24.1. USA Travel Bags Market Overview
24.2. USA Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Travel Bags Market

25.1. Canada Travel Bags Market Overview
25.2. Canada Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Travel Bags Market

26.1. South America Travel Bags Market Overview
26.2. South America Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Travel Bags Market

27.1. Brazil Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Travel Bags Market

28.1. Middle East Travel Bags Market Overview
28.2. Middle East Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Travel Bags Market

29.1. Africa Travel Bags Market Overview
29.2. Africa Travel Bags Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Travel Bags Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Travel Bags Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Travel Bags Market Competitive Landscape And Company Profiles

30.1. Travel Bags Market Competitive Landscape
30.2. Travel Bags Market Company Profiles
- 30.2.1. Louis Vuitton Moet Hennessy
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Kering S.A
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Eagle Creek Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Hermes international
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. VF corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Travel Bags Market Other Major And Innovative Companies

31.1. callaway golf company
31.2. Samsonite International S.A.
31.3. Marel Inc.
31.4. Fenix outdoor
31.5. Tumi Holdings Inc.
31.6. Pelican Products Inc.
31.7. Black Diamond Equipment Ltd.
31.8. Delsey SA
31.9. Patagonia Inc.
31.10. Longchamp SAS
31.11. Travelpro International Inc.
31.12. Thule Group
31.13. Kipling Retail LLC
31.14. High Sierra Sport Company
31.15. Timbuk2 Designs Inc.

32. Global Travel Bags Market Competitive Benchmarking

33. Global Travel Bags Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Travel Bags Market

35. Travel Bags Market Future Outlook and Potential Analysis

35.1 Travel Bags Market In 2028 - Countries Offering Most New Opportunities
35.2 Travel Bags Market In 2028 - Segments Offering Most New Opportunities
35.3 Travel Bags Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer