Consumers’ desire to prioritise spending on travel and/or experiences in 2024 is set to positively influence sales in certain bags and luggage categories in the US, such as luggage, backpacks, and duffel bags, although rising costs continue to influence consumers’ purchasing decisions. Indeed, in 2024 30% of US consumers reported plans to increase their spending on travel/holidays, up from 25% in 2023 (Euromonitor International’s Voice of the Consumer: Lifestyles Survey, fielded January to Febru...
Euromonitor International's Bags and Luggagein USA report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Bags, Luggage.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?? * Get a detailed picture of the Bags and Luggage market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Bags and Luggage in the US
Euromonitor International
January 2025
List Of Contents And Tables
BAGS AND LUGGAGE IN THE US
KEY DATA FINDINGS
2024 DEVELOPMENTS
Consumers exhibit a high desire for travel in 2024, although the high costs of living influence demand for luggage
Luxury brands see a mixed performance, with consumption more polarised between high-end and entry-level brands
Challenges in department stores prompt players to explore other distribution options
PROSPECTS AND OPPORTUNITIES
Versatile, functional, and small bags will drive growth in the forecast period
Some bags categories will see challenges to growth in the forecast period, due to changing consumer preferences
Growing interest in sustainable behaviours and purchasing will present both challenges and opportunities
CATEGORY DATA
Table 1 Sales of Bags and Luggage by Category: Volume 2019-2024
Table 2 Sales of Bags and Luggage by Category: Value 2019-2024
Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2019-2024
Table 4 Sales of Bags and Luggage by Category: % Value Growth 2019-2024
Table 5 Sales of Luggage by Type: % Value 2019-2024
Table 6 NBO Company Shares of Bags and Luggage: % Value 2020-2024
Table 7 LBN Brand Shares of Bags and Luggage: % Value 2021-2024
Table 8 Distribution of Bags and Luggage by Format: % Value 2019-2024
Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2024-2029
Table 10 Forecast Sales of Bags and Luggage by Category: Value 2024-2029
Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2024-2029
PERSONAL ACCESSORIES IN THE US
EXECUTIVE SUMMARY
Personal accessories in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
MARKET DATA
Table 13 Sales of Personal Accessories by Category: Volume 2019-2024
Table 14 Sales of Personal Accessories by Category: Value 2019-2024
Table 15 Sales of Personal Accessories by Category: % Volume Growth 2019-2024
Table 16 Sales of Personal Accessories by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Personal Accessories: % Value 2020-2024
Table 18 LBN Brand Shares of Personal Accessories: % Value 2021-2024
Table 19 Distribution of Personal Accessories by Format: % Value 2019-2024
Table 20 Forecast Sales of Personal Accessories by Category: Volume 2024-2029
Table 21 Forecast Sales of Personal Accessories by Category: Value 2024-2029
Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2024-2029
Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2024-2029