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North America Travel Bags Market Size, Share & Trends Analysis Report By Material (Soft-Side, and Hard-Side), By Luggage Type (Duffle, Backpacks, and Trolley), By Distribution Channel, By Price Range, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Mar 07, 2024
Length 138 Pages
SKU # KBV18617719

Description

North America Travel Bags Market Size, Share & Trends Analysis Report By Material (Soft-Side, and Hard-Side), By Luggage Type (Duffle, Backpacks, and Trolley), By Distribution Channel, By Price Range, By Country and Growth Forecast, 2023 - 2030


The North America Travel Bag Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030).

Travel bags have become increasingly popular due to the accessibility offered by e-commerce platforms. Consumers can explore many options, compare features, read reviews, and make informed decisions from the comfort of their homes. The accessibility of the bag brands and styles allows individuals to choose products that resonate with their preferences, leading to increased adoption across different regions.

Social media platforms and influencers are crucial in shaping consumer preferences and driving product adoption. Travel influencers and lifestyle bloggers often showcase their preferred travel bags, highlighting features, durability, and style. This online endorsement not only introduces consumers to new and innovative products but also contributes to the aspirational appeal of certain brands, influencing adoption among their followers.

The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. Similarly, as per the International Trade Administration, in 2022, there were more than 27 million e-commerce users in Canada, or 75% of the population. By 2025, this percentage is projected to increase to 77.6%. Hence, the factors mentioned above will drive the regional market growth.

The US market dominated the North America Travel Bag Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,800.1 million by 2030. The Canada market is experiencing a CAGR of 7.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7% during (2023 - 2030).

Based on Material, the market is segmented into Soft-Side, and Hard-Side. Based on Luggage Type, the market is segmented into Duffle, Backpacks, and Trolley. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Stores, Factory Outlets, and Others. Based on Price Range, the market is segmented into Medium Range, Low Range, and Premium. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • LVMH SE (RIMOWA GmbH)
  • Samsonite International S.A.
  • Kering S.A
  • Ace Co. Ltd.
  • VIP Industries Limited
  • DELSEY PARIS
  • United States Luggage Company, LLC.
  • Travelpro Products, Inc. (MidOcean US Advisor, LP)
  • JRSK, Inc.
  • Targus
North America Travel Bag Market Report Segmentation

By Material
  • Soft-Side
  • Hard-Side
By Luggage Type
  • Duffle
  • Backpacks
  • Trolley
By Distribution Channel
  • Specialty Stores
  • Supermarkets/Hypermarkets
  • Online Stores
  • Factory Outlets
  • Others
By Price Range
  • Medium Range
  • Low Range
  • Premium
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

138 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Travel Bag Market, by Material
1.4.2 North America Travel Bag Market, by Luggage Type
1.4.3 North America Travel Bag Market, by Distribution Channel
1.4.4 North America Travel Bag Market, by Price Range
1.4.5 North America Travel Bag Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Travel Bag Market
Chapter 5. North America Travel Bag Market by Material
5.1 North America Soft-Side Market by Region
5.2 North America Hard-Side Market by Region
Chapter 6. North America Travel Bag Market by Luggage Type
6.1 North America Duffle Market by Country
6.2 North America Backpacks Market by Country
6.3 North America Trolley Market by Country
Chapter 7. North America Travel Bag Market by Distribution Channel
7.1 North America Specialty Stores Market by Country
7.2 North America Supermarkets/Hypermarkets Market by Country
7.3 North America Online Stores Market by Country
7.4 North America Factory Outlets Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Travel Bag Market by Price Range
8.1 North America Medium Range Market by Country
8.2 North America Low Range Market by Country
8.3 North America Premium Market by Country
Chapter 9. North America Travel Bag Market by Country
9.1 US Travel Bag Market
9.1.1 US Travel Bag Market by Material
9.1.2 US Travel Bag Market by Luggage Type
9.1.3 US Travel Bag Market by Distribution Channel
9.1.4 US Travel Bag Market by Price Range
9.2 Canada Travel Bag Market
9.2.1 Canada Travel Bag Market by Material
9.2.2 Canada Travel Bag Market by Luggage Type
9.2.3 Canada Travel Bag Market by Distribution Channel
9.2.4 Canada Travel Bag Market by Price Range
9.3 Mexico Travel Bag Market
9.3.1 Mexico Travel Bag Market by Material
9.3.2 Mexico Travel Bag Market by Luggage Type
9.3.3 Mexico Travel Bag Market by Distribution Channel
9.3.4 Mexico Travel Bag Market by Price Range
9.4 Rest of North America Travel Bag Market
9.4.1 Rest of North America Travel Bag Market by Material
9.4.2 Rest of North America Travel Bag Market by Luggage Type
9.4.3 Rest of North America Travel Bag Market by Distribution Channel
9.4.4 Rest of North America Travel Bag Market by Price Range
Chapter 10. Company Profiles
10.1 LVMH SE (RIMOWA GmbH)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Product Launches and Product Expansions:
10.1.4.2 Geographical Expansions:
10.1.5 SWOT Analysis
10.2 Samsonite International S.A.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Geographical Expansions:
10.2.6 SWOT Analysis
10.3 Kering S.A
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Geographical Expansions:
10.3.5 SWOT Analysis
10.4 Ace Co. Ltd.
10.4.1 Company Overview
10.4.2 SWOT Analysis
10.5 VIP Industries Limited
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Product Launches and Product Expansions:
10.5.3 SWOT Analysis
10.6 DELSEY PARIS
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Product Launches and Product Expansions:
10.6.2.2 Geographical Expansions:
10.6.3 SWOT Analysis
10.7 United States Luggage Company, LLC.
10.7.1 Company Overview
10.8 Travelpro Products, Inc. (MidOcean US Advisor, LP)
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 JRSK, Inc.
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. Targus
10.10.1 Company Overview
10.10.2 SWOT Analysis

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