Travel Bag Market By Material Type (Hard side, Soft side) , By Luggage Type (Duffle, Trolly, Backpacks) By Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Factory Outlets, Online Stores, Others) By Price Range (Premium, Medium, Low) : Global Opportunity Analysis and Industry Forecast, 2024-2033

September 2024 | 256 pages | ID: T2D81DC6E3F0EN
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Travel Bag Market

The travel bag market was valued at $24.0 billion in 2023 and is projected to reach $48.3 billion by 2033, growing at a CAGR of 7.3% from 2024 to 2033.

A travel bag is a storage solution designed to carry belongings during trips. They exist in different shapes and functionalities that cater to diverse requirements, including trolley bags, travel packs, duffel bags, daypacks, and messenger bags. Correct choice of the bag depends on travel duration, luggage quantity, and personal style.

Increase in globalization and rise in disposable income has boosted travel & tourism for leisure, business, or adventure. This fuels the demand for diverse varieties of travel bags and propels the growth of the market. In addition, upsurge in popularity of travel bags as a reflection of personal style drives the market development. A notable trend acquiring popularity in the travel bag market is the integration of technology for users to stay connected. These bags typically come equipped with USB ports to charge devices and in-built GPS to track location. Moreover, radio frequency identification-blocking anti-theft technology, weight sensors, integrated scales for easy lifting, water resistance, and Bluetooth connectivity are other ingenious features that enhance the functionality of travel bags.

However, extended lifespan of advanced travel bags reduces the requirement for frequent replacements, hampering the development of the market. Furthermore, the presence of numerous brands & bag types leads to stringent competition and market saturation, restraining the development notably. On the contrary, rise in awareness pertaining to sustainability has presented lucrative opportunities for manufacturers to develop bags with eco-friendly materials. The usage of recycled leather, nylon, & polyester and biodegradable materials is gaining prominence among brands to develop a segment of sustainable travel bags. Several popular brands such as Samsonite, Patagonia, and Eagle Creek have paved the way for innovative, eco-friendly travel bags.

Segment Review

The travel bag market is segmented into material type, luggage type, distribution channel, price range, and region. On the basis of material type, it is bifurcated into hard side and soft side. Depending on luggage type, it is divided into duffle, trolly, and backpacks. As per distribution channel, it is classified into supermarket/hypermarket, specialty stores, factory outlets, online stores, and others. By price range, it is categorized into premium, medium, and low. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of material type, the soft side segment dominated the market in 2023.

Depending on luggage type, the duffle segment held a high share of the market in 2023.

As per distribution channel, the specialty stores segment acquired a high stake in the market in 2023.

Region wise, Asia-Pacific was the highest revenue generator in 2023.

Competition Analysis

The leading players operating in the global travel bag market include Delsey, VIP Industries Limited, TGHI, Inc., Samsonite, Ace Co. Ltd., U.S. Luggage Company, LVMH Group, Travelpro Products, Inc., Rimowa GmbH, and Kering SA. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.

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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
  • Product Life Cycles
  • Pain Point Analysis
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Key Market Segments

By Material Type
  • Hard side
  • Soft side
By Luggage Type
  • Duffle
  • Trolly
  • Backpacks
By Distribution Channel
  • Supermarket/Hypermarket
  • Specialty Stores
  • Factory Outlets
  • Online Stores
  • Others
By Price Range
  • Premium
  • Medium
  • Low
By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Malaysia
  • Indonesia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Argentina
  • Rest of LAMEA
  • Key Market Players
  • Delsey SA.
  • VIP Industries Limited
  • TGHI, Inc.
  • Samsonite
  • Ace Co. Ltd.
  • U.S. Luggage Company
  • LVMH Group
  • TRAVELPRO PRODUCTS, INC
  • Rimowa GmbH
  • Kering SA
CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
  1.4.1. Primary Research
  1.4.2. Secondary Research
  1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
  3.2.1. Top Investment Pockets
  3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
  3.3.1. Bargaining Power of Suppliers
  3.3.2. Threat of New Entrants
  3.3.3. Threat of Substitutes
  3.3.4. Competitive Rivalry
  3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: TRAVEL BAG MARKET, BY MATERIAL TYPE

4.1. Market Overview
  4.1.1 Market Size and Forecast, By Material Type
4.2. Hard Side
  4.2.1. Key Market Trends, Growth Factors and Opportunities
  4.2.2. Market Size and Forecast, By Region
  4.2.3. Market Share Analysis, By Country
4.3. Soft Side
  4.3.1. Key Market Trends, Growth Factors and Opportunities
  4.3.2. Market Size and Forecast, By Region
  4.3.3. Market Share Analysis, By Country

CHAPTER 5: TRAVEL BAG MARKET, BY LUGGAGE TYPE

5.1. Market Overview
  5.1.1 Market Size and Forecast, By Luggage Type
5.2. Duffle
  5.2.1. Key Market Trends, Growth Factors and Opportunities
  5.2.2. Market Size and Forecast, By Region
  5.2.3. Market Share Analysis, By Country
5.3. Trolly
  5.3.1. Key Market Trends, Growth Factors and Opportunities
  5.3.2. Market Size and Forecast, By Region
  5.3.3. Market Share Analysis, By Country
5.4. Backpacks
  5.4.1. Key Market Trends, Growth Factors and Opportunities
  5.4.2. Market Size and Forecast, By Region
  5.4.3. Market Share Analysis, By Country

CHAPTER 6: TRAVEL BAG MARKET, BY DISTRIBUTION CHANNEL

6.1. Market Overview
  6.1.1 Market Size and Forecast, By Distribution Channel
6.2. Supermarket/Hypermarket
  6.2.1. Key Market Trends, Growth Factors and Opportunities
  6.2.2. Market Size and Forecast, By Region
  6.2.3. Market Share Analysis, By Country
6.3. Specialty Stores
  6.3.1. Key Market Trends, Growth Factors and Opportunities
  6.3.2. Market Size and Forecast, By Region
  6.3.3. Market Share Analysis, By Country
6.4. Factory Outlets
  6.4.1. Key Market Trends, Growth Factors and Opportunities
  6.4.2. Market Size and Forecast, By Region
  6.4.3. Market Share Analysis, By Country
6.5. Online Stores
  6.5.1. Key Market Trends, Growth Factors and Opportunities
  6.5.2. Market Size and Forecast, By Region
  6.5.3. Market Share Analysis, By Country
6.6. Others
  6.6.1. Key Market Trends, Growth Factors and Opportunities
  6.6.2. Market Size and Forecast, By Region
  6.6.3. Market Share Analysis, By Country

CHAPTER 7: TRAVEL BAG MARKET, BY PRICE RANGE

7.1. Market Overview
  7.1.1 Market Size and Forecast, By Price Range
7.2. Premium
  7.2.1. Key Market Trends, Growth Factors and Opportunities
  7.2.2. Market Size and Forecast, By Region
  7.2.3. Market Share Analysis, By Country
7.3. Medium
  7.3.1. Key Market Trends, Growth Factors and Opportunities
  7.3.2. Market Size and Forecast, By Region
  7.3.3. Market Share Analysis, By Country
7.4. Low
  7.4.1. Key Market Trends, Growth Factors and Opportunities
  7.4.2. Market Size and Forecast, By Region
  7.4.3. Market Share Analysis, By Country

CHAPTER 8: TRAVEL BAG MARKET, BY REGION

8.1. Market Overview
  8.1.1 Market Size and Forecast, By Region
8.2. North America
  8.2.1. Key Market Trends and Opportunities
  8.2.2. Market Size and Forecast, By Material Type
  8.2.3. Market Size and Forecast, By Luggage Type
  8.2.4. Market Size and Forecast, By Distribution Channel
  8.2.5. Market Size and Forecast, By Price Range
  8.2.6. Market Size and Forecast, By Country
  8.2.7. U.S. Travel Bag Market
    8.2.7.1. Market Size and Forecast, By Material Type
    8.2.7.2. Market Size and Forecast, By Luggage Type
    8.2.7.3. Market Size and Forecast, By Distribution Channel
    8.2.7.4. Market Size and Forecast, By Price Range
  8.2.8. Canada Travel Bag Market
    8.2.8.1. Market Size and Forecast, By Material Type
    8.2.8.2. Market Size and Forecast, By Luggage Type
    8.2.8.3. Market Size and Forecast, By Distribution Channel
    8.2.8.4. Market Size and Forecast, By Price Range
  8.2.9. Mexico Travel Bag Market
    8.2.9.1. Market Size and Forecast, By Material Type
    8.2.9.2. Market Size and Forecast, By Luggage Type
    8.2.9.3. Market Size and Forecast, By Distribution Channel
    8.2.9.4. Market Size and Forecast, By Price Range
8.3. Europe
  8.3.1. Key Market Trends and Opportunities
  8.3.2. Market Size and Forecast, By Material Type
  8.3.3. Market Size and Forecast, By Luggage Type
  8.3.4. Market Size and Forecast, By Distribution Channel
  8.3.5. Market Size and Forecast, By Price Range
  8.3.6. Market Size and Forecast, By Country
  8.3.7. France Travel Bag Market
    8.3.7.1. Market Size and Forecast, By Material Type
    8.3.7.2. Market Size and Forecast, By Luggage Type
    8.3.7.3. Market Size and Forecast, By Distribution Channel
    8.3.7.4. Market Size and Forecast, By Price Range
  8.3.8. Germany Travel Bag Market
    8.3.8.1. Market Size and Forecast, By Material Type
    8.3.8.2. Market Size and Forecast, By Luggage Type
    8.3.8.3. Market Size and Forecast, By Distribution Channel
    8.3.8.4. Market Size and Forecast, By Price Range
  8.3.9. Italy Travel Bag Market
    8.3.9.1. Market Size and Forecast, By Material Type
    8.3.9.2. Market Size and Forecast, By Luggage Type
    8.3.9.3. Market Size and Forecast, By Distribution Channel
    8.3.9.4. Market Size and Forecast, By Price Range
  8.3.10. Spain Travel Bag Market
    8.3.10.1. Market Size and Forecast, By Material Type
    8.3.10.2. Market Size and Forecast, By Luggage Type
    8.3.10.3. Market Size and Forecast, By Distribution Channel
    8.3.10.4. Market Size and Forecast, By Price Range
  8.3.11. UK Travel Bag Market
    8.3.11.1. Market Size and Forecast, By Material Type
    8.3.11.2. Market Size and Forecast, By Luggage Type
    8.3.11.3. Market Size and Forecast, By Distribution Channel
    8.3.11.4. Market Size and Forecast, By Price Range
  8.3.12. Russia Travel Bag Market
    8.3.12.1. Market Size and Forecast, By Material Type
    8.3.12.2. Market Size and Forecast, By Luggage Type
    8.3.12.3. Market Size and Forecast, By Distribution Channel
    8.3.12.4. Market Size and Forecast, By Price Range
  8.3.13. Rest Of Europe Travel Bag Market
    8.3.13.1. Market Size and Forecast, By Material Type
    8.3.13.2. Market Size and Forecast, By Luggage Type
    8.3.13.3. Market Size and Forecast, By Distribution Channel
    8.3.13.4. Market Size and Forecast, By Price Range
8.4. Asia-Pacific
  8.4.1. Key Market Trends and Opportunities
  8.4.2. Market Size and Forecast, By Material Type
  8.4.3. Market Size and Forecast, By Luggage Type
  8.4.4. Market Size and Forecast, By Distribution Channel
  8.4.5. Market Size and Forecast, By Price Range
  8.4.6. Market Size and Forecast, By Country
  8.4.7. China Travel Bag Market
    8.4.7.1. Market Size and Forecast, By Material Type
    8.4.7.2. Market Size and Forecast, By Luggage Type
    8.4.7.3. Market Size and Forecast, By Distribution Channel
    8.4.7.4. Market Size and Forecast, By Price Range
  8.4.8. Japan Travel Bag Market
    8.4.8.1. Market Size and Forecast, By Material Type
    8.4.8.2. Market Size and Forecast, By Luggage Type
    8.4.8.3. Market Size and Forecast, By Distribution Channel
    8.4.8.4. Market Size and Forecast, By Price Range
  8.4.9. India Travel Bag Market
    8.4.9.1. Market Size and Forecast, By Material Type
    8.4.9.2. Market Size and Forecast, By Luggage Type
    8.4.9.3. Market Size and Forecast, By Distribution Channel
    8.4.9.4. Market Size and Forecast, By Price Range
  8.4.10. South Korea Travel Bag Market
    8.4.10.1. Market Size and Forecast, By Material Type
    8.4.10.2. Market Size and Forecast, By Luggage Type
    8.4.10.3. Market Size and Forecast, By Distribution Channel
    8.4.10.4. Market Size and Forecast, By Price Range
  8.4.11. Australia Travel Bag Market
    8.4.11.1. Market Size and Forecast, By Material Type
    8.4.11.2. Market Size and Forecast, By Luggage Type
    8.4.11.3. Market Size and Forecast, By Distribution Channel
    8.4.11.4. Market Size and Forecast, By Price Range
  8.4.12. Thailand Travel Bag Market
    8.4.12.1. Market Size and Forecast, By Material Type
    8.4.12.2. Market Size and Forecast, By Luggage Type
    8.4.12.3. Market Size and Forecast, By Distribution Channel
    8.4.12.4. Market Size and Forecast, By Price Range
  8.4.13. Malaysia Travel Bag Market
    8.4.13.1. Market Size and Forecast, By Material Type
    8.4.13.2. Market Size and Forecast, By Luggage Type
    8.4.13.3. Market Size and Forecast, By Distribution Channel
    8.4.13.4. Market Size and Forecast, By Price Range
  8.4.14. Indonesia Travel Bag Market
    8.4.14.1. Market Size and Forecast, By Material Type
    8.4.14.2. Market Size and Forecast, By Luggage Type
    8.4.14.3. Market Size and Forecast, By Distribution Channel
    8.4.14.4. Market Size and Forecast, By Price Range
  8.4.15. Rest of Asia-Pacific Travel Bag Market
    8.4.15.1. Market Size and Forecast, By Material Type
    8.4.15.2. Market Size and Forecast, By Luggage Type
    8.4.15.3. Market Size and Forecast, By Distribution Channel
    8.4.15.4. Market Size and Forecast, By Price Range
8.5. LAMEA
  8.5.1. Key Market Trends and Opportunities
  8.5.2. Market Size and Forecast, By Material Type
  8.5.3. Market Size and Forecast, By Luggage Type
  8.5.4. Market Size and Forecast, By Distribution Channel
  8.5.5. Market Size and Forecast, By Price Range
  8.5.6. Market Size and Forecast, By Country
  8.5.7. Brazil Travel Bag Market
    8.5.7.1. Market Size and Forecast, By Material Type
    8.5.7.2. Market Size and Forecast, By Luggage Type
    8.5.7.3. Market Size and Forecast, By Distribution Channel
    8.5.7.4. Market Size and Forecast, By Price Range
  8.5.8. South Africa Travel Bag Market
    8.5.8.1. Market Size and Forecast, By Material Type
    8.5.8.2. Market Size and Forecast, By Luggage Type
    8.5.8.3. Market Size and Forecast, By Distribution Channel
    8.5.8.4. Market Size and Forecast, By Price Range
  8.5.9. Saudi Arabia Travel Bag Market
    8.5.9.1. Market Size and Forecast, By Material Type
    8.5.9.2. Market Size and Forecast, By Luggage Type
    8.5.9.3. Market Size and Forecast, By Distribution Channel
    8.5.9.4. Market Size and Forecast, By Price Range
  8.5.10. UAE Travel Bag Market
    8.5.10.1. Market Size and Forecast, By Material Type
    8.5.10.2. Market Size and Forecast, By Luggage Type
    8.5.10.3. Market Size and Forecast, By Distribution Channel
    8.5.10.4. Market Size and Forecast, By Price Range
  8.5.11. Argentina Travel Bag Market
    8.5.11.1. Market Size and Forecast, By Material Type
    8.5.11.2. Market Size and Forecast, By Luggage Type
    8.5.11.3. Market Size and Forecast, By Distribution Channel
    8.5.11.4. Market Size and Forecast, By Price Range
  8.5.12. Rest of LAMEA Travel Bag Market
    8.5.12.1. Market Size and Forecast, By Material Type
    8.5.12.2. Market Size and Forecast, By Luggage Type
    8.5.12.3. Market Size and Forecast, By Distribution Channel
    8.5.12.4. Market Size and Forecast, By Price Range

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top Winning Strategies
9.3. Product Mapping Of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top Player Positioning, 2023

CHAPTER 10: COMPANY PROFILES

10.1. Delsey SA.
  10.1.1. Company Overview
  10.1.2. Key Executives
  10.1.3. Company Snapshot
  10.1.4. Operating Business Segments
  10.1.5. Product Portfolio
  10.1.6. Business Performance
  10.1.7. Key Strategic Moves and Developments
10.2. VIP Industries Limited
  10.2.1. Company Overview
  10.2.2. Key Executives
  10.2.3. Company Snapshot
  10.2.4. Operating Business Segments
  10.2.5. Product Portfolio
  10.2.6. Business Performance
  10.2.7. Key Strategic Moves and Developments
10.3. TGHI, Inc.
  10.3.1. Company Overview
  10.3.2. Key Executives
  10.3.3. Company Snapshot
  10.3.4. Operating Business Segments
  10.3.5. Product Portfolio
  10.3.6. Business Performance
  10.3.7. Key Strategic Moves and Developments
10.4. Samsonite
  10.4.1. Company Overview
  10.4.2. Key Executives
  10.4.3. Company Snapshot
  10.4.4. Operating Business Segments
  10.4.5. Product Portfolio
  10.4.6. Business Performance
  10.4.7. Key Strategic Moves and Developments
10.5. Ace Co. Ltd.
  10.5.1. Company Overview
  10.5.2. Key Executives
  10.5.3. Company Snapshot
  10.5.4. Operating Business Segments
  10.5.5. Product Portfolio
  10.5.6. Business Performance
  10.5.7. Key Strategic Moves and Developments
10.6. U.S. Luggage Company
  10.6.1. Company Overview
  10.6.2. Key Executives
  10.6.3. Company Snapshot
  10.6.4. Operating Business Segments
  10.6.5. Product Portfolio
  10.6.6. Business Performance
  10.6.7. Key Strategic Moves and Developments
10.7. LVMH Group
  10.7.1. Company Overview
  10.7.2. Key Executives
  10.7.3. Company Snapshot
  10.7.4. Operating Business Segments
  10.7.5. Product Portfolio
  10.7.6. Business Performance
  10.7.7. Key Strategic Moves and Developments
10.8. TRAVELPRO PRODUCTS, INC
  10.8.1. Company Overview
  10.8.2. Key Executives
  10.8.3. Company Snapshot
  10.8.4. Operating Business Segments
  10.8.5. Product Portfolio
  10.8.6. Business Performance
  10.8.7. Key Strategic Moves and Developments
10.9. Rimowa GmbH
  10.9.1. Company Overview
  10.9.2. Key Executives
  10.9.3. Company Snapshot
  10.9.4. Operating Business Segments
  10.9.5. Product Portfolio
  10.9.6. Business Performance
  10.9.7. Key Strategic Moves and Developments
10.10. Kering SA
  10.10.1. Company Overview
  10.10.2. Key Executives
  10.10.3. Company Snapshot
  10.10.4. Operating Business Segments
  10.10.5. Product Portfolio
  10.10.6. Business Performance
  10.10.7. Key Strategic Moves and Developments


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