Global Travel and Business Bags Market Growth 2025-2031

The global Travel and Business Bags market size is predicted to grow from US$ 43210 million in 2025 to US$ 74870 million in 2031; it is expected to grow at a CAGR of 9.6% from 2025 to 2031.

Travel and Business Bags refer to a category of luggage designed specifically for the needs of travelers and professionals who are frequently on the go. These bags combine functionality, style, and practicality to accommodate essentials for both business and leisure trips. Designed for those who prioritize comfort and hands-free carrying, business backpacks are equipped with padded compartments for laptops, tablets, and other gadgets. For those who need to transport heavier loads, rolling bags come equipped with wheels and a telescoping handle. They're perfect for air travel or long commutes where walking distances can be significant.

Global Travel and Business Bags key players include Louis Vuitton, MCM Worldwide, Samsonite, Hermes and Prada, etc. Global top five manufacturers hold a share over 25%.

The largest market is APAC, has a share about 45%, followed by North America and Europe, with around 24% and 25% market share respectively.

In terms of product, Duffle Bags is the largest segment, with a share over 30%. And in terms of application, the largest application is Offline Retail, has a share about 75%, followed by Online Retail.

The rise of online shopping platforms provides consumers with a more convenient and rich shopping experience. Consumers can easily browse and compare travel bags and business bags of different brands and styles through e-commerce platforms, so as to choose the most suitable products for themselves. The development trend of offline retail is mainly influenced by market economy, consumer demand and other aspects. At present, the integration of offline and online has become the mainstream of consumer goods sales. The comprehensive popularity of e-commerce and the rise of Internet live broadcasts, and the integration of offline retail stores with online platforms, have significantly improved product sales.

Personalization and customized services will become an important trend in the future market. Consumers hope to show their unique taste and style through customized products. The combination of intelligence and Travel and Business Bags not only improves the competitiveness/characteristics of the product itself, but also meets the needs of some consumers for functional bags.

LP Information, Inc. (LPI) ' newest research report, the “Travel and Business Bags Industry Forecast” looks at past sales and reviews total world Travel and Business Bags sales in 2024, providing a comprehensive analysis by region and market sector of projected Travel and Business Bags sales for 2025 through 2031. With Travel and Business Bags sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Travel and Business Bags industry.

This Insight Report provides a comprehensive analysis of the global Travel and Business 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 Travel and Business Bags portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Travel and Business Bags market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Travel and Business 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 Travel and Business Bags.

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

Segmentation by Type:
Duffle Bags
Trolley Bags
Suitcases
Backpacks
Business Bags

Segmentation by Sales Channel:
Online Sales
Offline Sales

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 analysing the company's coverage, product portfolio, its market penetration.
Louis Vuitton
MCM Worldwide
Samsonite
Hermes
Prada
ACE
VIP Industries
VF Corporation
Delsey Paris
Diplomat Luggage
Victorinox
Eminent
Traveler's Choice
Thule Group
Skyway Luggage
Herschel Supply
Briggs & Riley
Travelpro Products
Safari Industries
Olympia International
Tommy Hilfiger
Union Gate Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Travel and Business Bags market?

What factors are driving Travel and Business Bags market growth, globally and by region?

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

How do Travel and Business Bags market opportunities vary by end market size?

How does Travel and Business Bags break out by Type, by Sales Channel?

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