Luggage Market to Surpass USD 36.16 Bn by 2032

The Luggage Market, estimated at USD 20.96 Bn in 2025, is expected to exhibit a CAGR of 8.1% and reach USD 36.16 Bn by 2032.

The Consumer Goods sector remains a vital driver of global growth, as organizations respond to evolving consumer expectations with sustainable practices, ethical production, and innovative product development. At the same time, advances in e-commerce, digital transformation, and supply chain optimization are reshaping the industry landscape, enhancing competitiveness, and unlocking new opportunities for long-term growth and collaboration.

Global Luggage Market - Impact of Coronavirus (COVID-19) Pandemic

The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China) in the last months of 2025, as "coronavirus disease 2025" or COVID-19. This virus spreads quickly, and had a serious negative impact on the economies, social behaviours, and healthcare of every country in the world.

The COVID-19 pandemic has had a significant impact on the global luggage market. Initially, the industry experienced a substantial decline in sales due to travel restrictions and lockdowns. However, there has been a gradual rebound in luggage sales as travel resumed, with some companies reporting strong recovery in 2025, surpassing pre-pandemic levels. Despite this recovery, the full industry recovery has been hampered by factors such as inflationary pressures, the war in Ukraine, and continued restrictions in certain regions

Global Luggage Market: Recent Developments

• In August 2022, Samsonite International S.A, a leading company in the luggage and travel accessories industry that offers a wide range of products including durable and innovative luggage, business cases, backpacks, and travel accessories, launched a new line of luggage, "Magnum Eco," made from yogurt cups and plastic bottles. The lining of this new line of luggage is made from plastic mineral water bottles that have been converted into the exterior of hard-side cases.

Browse 24 Market Data Tables and 28 Figures spread through 150 Pages and in-depth TOC on “Global Luggage Market”- Forecast to 2031, Global Luggage Market, By Product Type (Travel bags, Trolley & Duffle Bags, Backpacks, Lifestyle Bags, Garment Bags, Business Cases, Briefcases, Business Backpacks, Attache Cases,  and Others (Causal bags, etc.)), By Distribution Channel (Wholesale & Specialty Stores, Hypermarkets, Supermarkets, Online Stores, and Others (Factory Outlets, etc.)), By Price range (Mid Range, Low Range, and Premium Range), By Category (Soft-side and Hard-side), and By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa)

Link: https://www.coherentmarketinsights.com/market-insight/luggage-market-1436

Key Takeaways of the Global Luggage Market

• Global luggage market is estimated to be valued at US$ 20.96 Bn in 2025 and is forecast to reach a value of US$ 36.16 Bn by 2032 at a CAGR of 8.1% between 2025 and 2032
• Major players operating in the global luggage market include 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
• Key players operating in the global luggage market are focusing on various strategies such as mergers & acquisitions in order to strengthen their market presence and expand their product portfolio.