
Travel Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Travel Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global travel bags market size reached US$ 17.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.47% during 2023-2028.
Travel bags are a type of travel gear that is used by explorers, trekkers, tourists and travelers to carry their clothes and other belongings. Duffel bags, wheeled backpacks, rolling luggage, weekenders, totes, and travel packs are the most common types of travel bags available in the market. The hard-side variants are manufactured using materials such as polypropylene, polycarbonate and acrylonitrile-butadiene-styrene (ABS) and are suitable for carrying electronic gadgets and fragile products. On the other hand, the durable and light-weight soft-side variants are manufactured using nylon, polyester, cotton, leather and vinyl. These travel bags are available in a variety of sizes, patterns and colors and can be customized according to the consumers’ demands.
Market Trends and Drivers:
The growing tourism industry, along with rapid urbanization across the globe, currently represents as one of the key factors driving the growth of the market. Furthermore, consumers are now more inclined to spend on premium and luxury travel bags to keep up with the ever-changing trends. Various product innovations, such as the launch of visually appealing and creative designs, along with eco-friendly variants, are also creating a positive outlook for the market. Consumers are increasingly adopting luggage and travel bags, which are made using natural and organic fabric dyes, organic canvas, recycled leather and other eco-friendly materials. Other factors, including aggressive promotional activities by brands and the development of the online retailing market that provides a hassle-free shopping experience to the customers while displaying a wide range of options to choose from, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global travel bags market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material type, luggage type, price range, demography and distribution channel.
Breakup by Material Type:
Polyester
Fabric
Leather
Others
Breakup by Luggage Type:
Duffle
Trolley
Backpacks
Breakup by Price Range:
Premium Price
Medium Price
Low Price
Breakup by Demography:
Male
Female
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Factory Outlets
Online Stores
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Delsey SA, Deuter Sport, Fenix Outdoor, Hermès, Kering, Louis Vuitton, Lowe Alpine, LVMH, Osprey, Rimowa, Samsonite, Timbuk2, Victorinox, VIP Industries, etc.
Key Questions Answered in This Report:
What was the size of the global travel bags market in 2022?
What is the expected growth rate of the global travel bags market during 2023-2028?
What are the key factors driving the global travel bags market?
What has been the impact of COVID-19 on the global travel bags market?
What is the breakup of the global travel bags market based on the material type?
What is the breakup of the global travel bags market based on the luggage type?
What is the breakup of the global travel bags market based on the price range?
What is the breakup of the global travel bags market based on the demography?
What is the breakup of the global travel bags market based on the distribution channel?
What are the key regions in the global travel bags market?
Who are the key players/companies in the global travel bags market?
Market Overview:
The global travel bags market size reached US$ 17.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.47% during 2023-2028.
Travel bags are a type of travel gear that is used by explorers, trekkers, tourists and travelers to carry their clothes and other belongings. Duffel bags, wheeled backpacks, rolling luggage, weekenders, totes, and travel packs are the most common types of travel bags available in the market. The hard-side variants are manufactured using materials such as polypropylene, polycarbonate and acrylonitrile-butadiene-styrene (ABS) and are suitable for carrying electronic gadgets and fragile products. On the other hand, the durable and light-weight soft-side variants are manufactured using nylon, polyester, cotton, leather and vinyl. These travel bags are available in a variety of sizes, patterns and colors and can be customized according to the consumers’ demands.
Market Trends and Drivers:
The growing tourism industry, along with rapid urbanization across the globe, currently represents as one of the key factors driving the growth of the market. Furthermore, consumers are now more inclined to spend on premium and luxury travel bags to keep up with the ever-changing trends. Various product innovations, such as the launch of visually appealing and creative designs, along with eco-friendly variants, are also creating a positive outlook for the market. Consumers are increasingly adopting luggage and travel bags, which are made using natural and organic fabric dyes, organic canvas, recycled leather and other eco-friendly materials. Other factors, including aggressive promotional activities by brands and the development of the online retailing market that provides a hassle-free shopping experience to the customers while displaying a wide range of options to choose from, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global travel bags market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material type, luggage type, price range, demography and distribution channel.
Breakup by Material Type:
Polyester
Fabric
Leather
Others
Breakup by Luggage Type:
Duffle
Trolley
Backpacks
Breakup by Price Range:
Premium Price
Medium Price
Low Price
Breakup by Demography:
Male
Female
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Factory Outlets
Online Stores
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Delsey SA, Deuter Sport, Fenix Outdoor, Hermès, Kering, Louis Vuitton, Lowe Alpine, LVMH, Osprey, Rimowa, Samsonite, Timbuk2, Victorinox, VIP Industries, etc.
Key Questions Answered in This Report:
What was the size of the global travel bags market in 2022?
What is the expected growth rate of the global travel bags market during 2023-2028?
What are the key factors driving the global travel bags market?
What has been the impact of COVID-19 on the global travel bags market?
What is the breakup of the global travel bags market based on the material type?
What is the breakup of the global travel bags market based on the luggage type?
What is the breakup of the global travel bags market based on the price range?
What is the breakup of the global travel bags market based on the demography?
What is the breakup of the global travel bags market based on the distribution channel?
What are the key regions in the global travel bags market?
Who are the key players/companies in the global travel bags market?
Table of Contents
147 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Travel Bags Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Material Type
- 6.1 Polyester
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Fabric
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Leather
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 7 Market Breakup by Luggage Type
- 7.1 Duffle
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Trolley
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Backpacks
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by Price Range
- 8.1 Premium Price
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Medium Price
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Low Price
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 9 Market Breakup by Demography
- 9.1 Male
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Female
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 10 Market Breakup by Distribution Channel
- 10.1 Supermarkets and Hypermarkets
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Specialty Stores
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Factory Outlets
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Online Stores
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Others
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.2 Asia Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Argentina
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.4 Colombia
- 11.4.4.1 Market Trends
- 11.4.4.2 Market Forecast
- 11.4.5 Chile
- 11.4.5.1 Market Trends
- 11.4.5.2 Market Forecast
- 11.4.6 Peru
- 11.4.6.1 Market Trends
- 11.4.6.2 Market Forecast
- 11.4.7 Others
- 11.4.7.1 Market Trends
- 11.4.7.2 Market Forecast
- 11.5 Middle East and Africa
- 11.5.1 Turkey
- 11.5.1.1 Market Trends
- 11.5.1.2 Market Forecast
- 11.5.2 Saudi Arabia
- 11.5.2.1 Market Trends
- 11.5.2.2 Market Forecast
- 11.5.3 Iran
- 11.5.3.1 Market Trends
- 11.5.3.2 Market Forecast
- 11.5.4 United Arab Emirates
- 11.5.4.1 Market Trends
- 11.5.4.2 Market Forecast
- 11.5.5 Others
- 11.5.5.1 Market Trends
- 11.5.5.2 Market Forecast
- 12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
- 13 Value Chain Analysis
- 14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
- 15 Price Indicators
- 16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Delsey SA
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.2 Deuter Sport
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Fenix Outdoor
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 Hermès
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 Kering
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.6 Louis Vuitton
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.7 Lowe Alpine
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 LVMH
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 Osprey
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.10 Rimowa
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.11 Samsonite
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.12 Timbuk2
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.13 Victorinox
- 16.3.13.1 Company Overview
- 16.3.13.2 Product Portfolio
- 16.3.14 VIP Industries
- 16.3.14.1 Company Overview
- 16.3.14.2 Product Portfolio
Pricing
Currency Rates
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