The luggage market size is valued at USD 20.96 Bn in 2025 and is expected to reach USD 36.16 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
The global luggage market is growing steadily because more people are traveling and going on vacation, people are making more money, and people are changing their minds about what kind of travel products they want, preferring ones that are stylish, lightweight, and long-lasting. The market has a lot of different products, like travel bags, business bags, and everyday backpacks, to meet the needs of different customers. The market is also growing because e-commerce platforms are becoming more important, luggage design and materials are getting better, and high-end and smart luggage are becoming more popular.
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Based on price range, mid-range segment is poised to hold 45.5% shares in the global luggage market. This is owing to its balance between quality and affordability, appealing to a broad consumer base seeking durable and stylish luggage at reasonable prices.
Based on product type, travel bags segment is poised to hold dominating position in the global luggage market. This is owing to the increasing number of leisure and business travelers, the growing preference for lightweight and durable travel bags, rising demand for versatile and multi-functional designs, and advancements in materials that enhance convenience and security during travel.
For instance, Luggage brand Away launched eight new travel essentials. The new offerings ranged from a travel backpack to a crossbody to a tablet case.
Based on distribution channel, online stores segment is poised to hold dominating position in the global luggage market. This is owing to the increasing penetration of e-commerce, the convenience of doorstep delivery, a wide variety of products available for comparison, attractive discounts and promotions, and the growing influence of digital marketing and social media platforms that drive consumer engagement and sales.
For instance, in March 2023, Australian luggage brand July expanded its offering into New Zealand and launched an online store
Based on Category, soft-side segment is poised to hold dominating position in the global luggage market. This is owing to its lightweight design, flexibility, and affordability, which made it a preferred choice among frequent travelers.
For instance, in July 2024, Away debuted its soft-sided luggage. Similar to Away’s signature hard luggage, the soft-sided collection featured consistent design elements, including smooth-rolling wheels and an interior compression system.
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Asia Pacific is expected to be the largest market for luggage, and is expected to grow at a CAGR of over 38% during the forecast period. The growth of the luggage market in Asia Pacific is attributed to increasing demand for luggage in countries such as India and China.
For instance, in February 2023, Samsonite, the innovation pioneer for the world’s renowned luggage, launched a licensed collection with New Balance that celebrated individual expression and versatility. The collection of bags and luggage became available in Asia Pacific progressively over the course of 2023.
North America is expected to be the second-largest market for luggage, and is expected to grow at a CAGR of over 29% during the forecast period. The growth of the luggage market in North America is attributed to increasing demand for luggage in countries such as U.S. and Canada
For instance, in October 2025, Samsonite Canada, the iconic and trusted leader in travel gear, introduced the Paralux Collection—hardside luggage and bags thoughtfully engineered with award-winning design and sustainable innovation. The Paralux Collection perfected the art of packing, redefining what it meant to pack with purpose.
Europe is expected to be the fastest-growing market for luggage, and is expected to grow at a CAGR of over 18% during the forecast period. The growth of the luggage market in Europe is attributed to increasing demand for luggage in countries such as France, Germany, the Netherlands, and Russia.
For instance, in March 2023, Air France and Delsey renewed their collaboration and presented a new range of luggage called “Allure,” combining expertise and French elegance.
The U.S. is considered as dominating country in the global luggage market during the forecast period, owing to its high consumer spending power, strong travel and tourism industry, widespread adoption of premium and branded luggage, and the presence of leading market players focused on innovation and product diversification.
For instance, in June 2024, Antler USA opened its new store in New York City. The opening signified a significant step for Antler into physical retail. The company had been revitalizing the brand by launching new websites, branding, and stores.
India is considered as dominating country in the global luggage market during the forecast period, owing to its large manufacturing base, cost-effective production capabilities, growing middle-class population, rising domestic and international travel, and increasing demand for both affordable and premium luggage products.
For instance, in January 2024, Home furnishings and accessories brand Chumbak launched its first limited-edition luggage range in collaboration with business luggage brand Assembly Luggage.
| Report Coverage | Details | ||
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| Base Year: | 2024 | Market Size in 2025: | USD 20.96 Bn |
| Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: | 8.1% | 2032 Value Projection: | USD 36.16 Bn |
| Geographies covered: |
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| Companies covered: |
Tapestry Inc., Rimowa GmbH, Louis Vuitton Malletier, S.A., Victorinox Swiss Army, Inc., Samsonite International S.A, Coach Inc, VF Corporation, Antler Limited, Delsey S.A., Bric's Industria Valigeria Fine SpA, Etienne Aigner AG, and VIP Industries Limited. |
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This trend towards eco-friendly alternatives is being fueled by growing environmental consciousness among younger consumers and changing regulations. According to a survey by The United Nations Environment Programmed (UNEP) in 2021, over 70% of Gen Z consumers indicated them would change to brands more committed to social and environmental issues. Separately, the European Union implemented stringent rules on durability and reparability of products in its Eco design Directive in 2021, pushing luggage brands to make more sustainable design choices.
The shift towards eco-friendly luggage shows no signs of slowing. As consumer awareness and demand for sustainable products rise, major brands will have to continuously innovate with new green materials and manufacturing practices to remain competitive in the evolving luggage marketplace.
Major luggage brands like Away, Raden, and Samsonite are strongly promoting their smart bag offerings. As a result, the share of smart and connected luggage has been steadily increasing compared to traditional hard-shell and soft-sided bags.
This upsurge in tourism and commercial travel across borders has opened up huge opportunities for the global luggage industry. A wide variety of bags catering to different trip durations and purposes have entered the market. Ranging from compact carry-on bags suitable for quick weekend getaways to large suitcases for extended family vacations, innovative products are addressing the diverse luggage needs. Smart features such as double wheel systems, multi-device charging, and global lost-and-found registration have enhanced user convenience.
With increased mobility and growing inclination towards experiencing new places, cultures and adventures, travel and outings have become an important part of lifestyle for many. This has provided a big fillip to the luggage market. People need luggage of various types like suitcases, bags, backpacks and other travel accessories to carry their belongings comfortably during their journeys.
Definition: The luggage refers to the bags, suitcases, or other containers that hold a traveller’s belongings. It encompasses the items individuals take with them when traveling, such as suitcases, trunks, backpacks, or any other form of storage used to transport personal possessions.
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About Author
Sakshi Suryawanshi is a Research Consultant with 6 years of extensive experience in market research and consulting. She is proficient in market estimation, competitive analysis, and patent analysis. Sakshi excels in identifying market trends and evaluating competitive landscapes to provide actionable insights that drive strategic decision-making. Her expertise helps businesses navigate complex market dynamics and achieve their objectives effectively.
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