Smart Luggage Market Size, Share & Trends Analysis Report By Product (Duffle Bags, Backpack, Stroller), By Technology (Connectivity, USB Charging, SIM Card), By Distribution, By Region, And Segment Forecasts, 2024 - 2030

December 2024 | 80 pages | ID: SCCCDA27CBF3EN
Grand View Research, Inc.

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Smart Luggage Market Size & Trends

The global smart luggage market size was estimated at USD 1,965 million in 2023 and is projected tgrow at a CAGR of 19.7% from 2024 t2030. As travel becomes increasingly prevalent, travelers seek luggage solutions that serve their basic functions and enhance their overall travel experience. Integrating advanced technologies such as GPS tracking, Bluetooth connectivity, and built-in charging capabilities has transformed traditional luggage intsmart companions that offer peace of mind and ease of use during travel. Travelers' rising demand for convenience and security is a significant factor contributing tthe market's expansion.

Smart luggage features like remote locking systems and location tracking address concerns about lost or stolen bags, allowing users tmonitor their belongings in real time. This heightened sense of security is particularly appealing in an age when travelers are more aware of the risks associated with air travel. Moreover, functionalities such as integrated scales help users avoid excess baggage fees, further enhancing the practicality of smart luggage.

The growing popularity of connected travel experiences alsplays a crucial role in the growth of the smart luggage industry. With the proliferation of the Internet of Things (IoT), consumers increasingly expect seamless integration between their personal devices and travel infrastructure. Smart luggage can connect tairline apps for quicker check-ins or provide location tracking tnavigate busy airports efficiently. This trend towards connectivity improves user experience and fosters a sense of control over travel logistics, making smart luggage an attractive option for tech-savvy travelers.

Economic factors are equally influential in driving the smart luggage industry. Rising disposable incomes in various regions enable consumers tinvest in premium products that enhance their travel experiences. As more individuals prioritize comfort and convenience while traveling, they are inclined tpurchase smart luggage despite its higher price than traditional options. In addition, increased awareness through online platforms has educated consumers about the benefits of smart luggage, encouraging broader adoption across different demographics.

The impact of technological advancements cannot be overstated. Manufacturers continually innovate, introducing features that appeal tenvironmentally conscious consumers, such as eco-friendly materials and designs. The demand for lightweight yet durable luggage is alsrising, with many consumers favoring products that combine functionality with style. As smart luggage evolves with new technologies-such as removable batteries that are compliant with airline regulations-its appeal continues tgrow among diverse consumer segments. In addition, the COVID-19 pandemic has reshaped consumer behavior and preferences in ways that may benefit the smart luggage market in the long term.

One of the primary challenges tmarket growth is the lack of consumer awareness regarding smart luggage and its benefits. Many potential customers are still unfamiliar with smart luggage's features and advantages compared ttraditional options. The high cost associated with smart luggage is alsa barrier twidespread adoption. Smart luggage typically incorporates advanced technology and high-quality materials, resulting in a price point that is often significantly higher than traditional luggage. This premium pricing can alienate budget-conscious consumers whprioritize affordability over advanced features. As a result, manufacturers must find ways tbalance innovation with competitive pricing tappeal ta broader audience.

Global Smart Luggage Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 t2030. For this study, Grand View Research has segmented the global smart luggage market report based on product, technology, distribution, and region.
  • Product Outlook (Revenue, USD Million, 2018 - 2030)
  • Duffle Bags
  • Stroller
  • Backpack
  • Others
  • Technology Outlook (Revenue, USD Million, 2018 - 2030)
  • Connectivity
  • USB Charging
  • Sim Card
  • Distribution Outlook (Revenue, USD Million, 2018 - 2030)
  • Specialty Stores
  • Online
  • Brand Stores
  • Others
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia & New Zealand
  • South Korea
  • Central & South America
  • Brazil
  • Middle East & Africa
  • South Africa
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Source Outlook
2.3. Packaging Outlook
2.4. Competitive Landscape Outlook

CHAPTER 3. SMART LUGGAGE MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Raw Material Outlooks
  3.3.2. Manufacturing and Technology Trends
  3.3.3. Profit Margin Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Market Opportunities
  3.4.4. Market Challenges
3.5. Industry Analysis - Porter’s Five Forces Analysis
3.6. Market Entry Strategies

CHAPTER 4. SMART LUGGAGE MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

4.1. Smart Luggage Market, by Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Million)
  4.3.1. Duffle Bags
    4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  4.3.2. Stroller
    4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  4.3.3. Backpack
    4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  4.3.4. Others
    4.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 5. SMART LUGGAGE MARKET: TECHNOLOGY ESTIMATES & TREND ANALYSIS

5.1. Smart Luggage Market, by Technology: Key Takeaways
5.2. Technology Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Technology, 2018 - 2030 (USD Million)
  5.3.1. Connectivity
    5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.2. Sim Card
    5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.3. USB Charging
    5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 6. SMART LUGGAGE MARKET: DISTRIBUTION ESTIMATES & TREND ANALYSIS

6.1. Smart Luggage Market, by Distribution: Key Takeaways
6.2. Distribution Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Distribution, 2018 - 2030 (USD Million)
  6.3.1. Specialty Stores
    6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  6.3.2. Online
    6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  6.3.3. Brand Stores
    6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  6.3.4. Others
    6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 7. SMART LUGGAGE MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Smart Luggage Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Million)
  7.3.1. North America
    7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.2. U.S.
      7.3.1.2.1. Key country dynamics
      7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.3. Canada
      7.3.1.3.1. Key country dynamics
      7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.4. Mexico
      7.3.1.4.1. Key country dynamics
      7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.2. Europe
    7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.2. Germany
      7.3.2.2.1. Key country dynamics
      7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.3. UK
      7.3.2.3.1. Key country dynamics
      7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.4. France
      7.3.2.4.1. Key country dynamics
      7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.5. Italy
      7.3.2.5.1. Key country dynamics
      7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.6. Spain
      7.3.2.6.1. Key country dynamics
      7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.3. Asia Pacific
    7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.2. China
      7.3.3.2.1. Key country dynamics
      7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.3. Japan
      7.3.3.3.1. Key country dynamics
      7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.4. India
      7.3.3.4.1. Key country dynamics
      7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.5. Australia & New Zealand
      7.3.3.5.1. Key country dynamics
      7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.6. South Korea
      7.3.3.6.1. Key country dynamics
      7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.4. Central & South America
    7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.4.2. Brazil
      7.3.4.2.1. Key country dynamics
      7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.5. Middle East & Africa
    7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.5.2. South Africa
      7.3.5.2.1. Key country dynamics

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
  8.9.1. Bluesmart
  8.9.2. Away
  8.9.3. Raden
  8.9.4. Trunkster
  8.9.5. Barracuda
  8.9.6. Horizn Studios
  8.9.7. Rimowa
  8.9.8. Samsonite
  8.9.9. Delsey
  8.9.10. Enkloze
  8.9.11. Samsara Luggage
  8.9.12. Cowarobot
  8.9.13. Travelmate Robotics
  8.9.14. Plevo
  8.9.15. Modobag
  8.9.16. Arlo Skye
  8.9.17. G-RO
  8.9.18. FUGU Luggage
  8.9.19. OneSmart Luggage
  8.9.20. TraxPack


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