Global Luggage Bag Market Growth 2023-2029

Global Luggage Bag Market Growth 2023-2029

This report studies the luggage bags, covering trolley bags in generaland Hard Luggage Trolley Bags.

LPI (LP Information)' newest research report, the “Luggage Bag Industry Forecast” looks at past sales and reviews total world Luggage Bag sales in 2022, providing a comprehensive analysis by region and market sector of projected Luggage Bag sales for 2023 through 2029. With Luggage Bag sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luggage Bag industry.

This Insight Report provides a comprehensive analysis of the global Luggage Bag landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Luggage Bag portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Luggage Bag market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luggage Bag and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luggage Bag.

The global Luggage Bag market size is projected to grow from US$ 6872.2 million in 2022 to US$ 14740 million in 2029; it is expected to grow at a CAGR of 14740 from 2023 to 2029.

Asia Pacific is the largest market with about 35% market share. Europe and North America are follower.

The main manufacturers are Samsonite, VIP Industries, VF Corporation etc. Samsonite is the largest manufacturer with about 25% market share.In terms of product, hard luggage bags is the largest segment, with a share over 85%. And in terms of application, the largest application is hypermarkets, followed by specialist retailers.

This report presents a comprehensive overview, market shares, and growth opportunities of Luggage Bag market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hard Luggage Bags
Soft Luggage Bags

Segmentation by application
Specialist Retailers
Hypermarkets
E-Commerce
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Samsonite
VIP Industries
VF Corporation
Delsey
Briggs and Riley
Rimowa
Travelpro
Tommy Hilfiger
Victorinox
Olympia
Louis Vuitton
Skyway
Traveler’s Choice
ACE
Diplomat
Eminent

Key Questions Addressed in this Report

What is the 10-year outlook for the global Luggage Bag market?

What factors are driving Luggage Bag market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Luggage Bag market opportunities vary by end market size?

How does Luggage Bag break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.