Global Luggage and Bags Market Growth 2023-2029

Global Luggage and Bags Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Luggage and Bags Industry Forecast” looks at past sales and reviews total world Luggage and Bags sales in 2022, providing a comprehensive analysis by region and market sector of projected Luggage and Bags sales for 2023 through 2029. With Luggage and Bags sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luggage and Bags industry.
This Insight Report provides a comprehensive analysis of the global Luggage and Bags 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 and Bags portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Luggage and Bags market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luggage and Bags and breaks down the forecast by type, by sales channel, 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 and Bags.
The global Luggage and Bags market size is projected to grow from US$ 13730 million in 2022 to US$ 46090 million in 2029; it is expected to grow at a CAGR of 46090 from 2023 to 2029.
The key players include Samsonite, Crown Lugage, VF Corporation, Rimowa, VIP Industries, Korrun, Delsey, Victorinox, Herschel Supply, ThuleAmong, etc. Samsonite is the world's largest manufacturer of Luggage and bags, with about 8 percent of the market.North America is the largest market with about 28 percent market share, followed by Europe and China with 22 and 21 percent market share, respectively.
In terms of product, Travel Luggage is the largest segment, with a share over 92%. And in terms of Sales Channel, the largest application is Wholesale.
This report presents a comprehensive overview, market shares, and growth opportunities of Luggage and Bags market by product type, sales channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Travel Luggage
Shoulder Computer Bag
Outdoor Luggage
Segmentation by sales channel
Offline
Online
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
Crown Luggage
VF Corporation
Rimowa
VIP Industries
Korrun
Delsey
Victorinox
Herschel Supply
Thule Group
Safari Industries
Targus
Osprey Packs
Deuter
United States Luggage Company
Haglöfs
ACE Group
Echolac
Louis Vuitton
Key Questions Addressed in this Report
What is the 10-year outlook for the global Luggage and Bags market?
What factors are driving Luggage and Bags market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Luggage and Bags market opportunities vary by end market size?
How does Luggage and Bags break out type, sales channel?
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.