Latin America Luggage Market Size & Outlook, 2030

Revenue, 2024 (US$M)

$4,290.2

Forecast, 2030 (US$M)

$6,148.6

CAGR, 2025 - 2030

6.2%

Report Coverage

Latin America

Latin America luggage market, 2018-2030 (US$M)

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Latin America luggage market highlights

The Latin America luggage market generated a revenue of USD 4,290.2 million in 2024.
The market is expected to grow at a CAGR of 6.2% from 2025 to 2030.
In terms of segment, travel bags was the largest revenue generating type in 2024.
Travel Bags is the most lucrative type segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2024	USD 4,290.2 million
Market revenue in 2030	USD 6,148.6 million
Growth rate	6.2% (CAGR from 2024 to 2030)
Largest segment	Travel bags
Fastest growing segment	Travel Bags
Historical data covered	2018 - 2023
Base year for estimation	2024
Forecast period covered	2025 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Travel Bags
Key market players worldwide	Briggs & Riley Travelware, Rimowa GmbH, Samsonite International SA, Tumi Holdings, American Tourster Inc., Delsey, Travelpro Group, Victorinox, Thule Group AB, Heys Luggage

Other key industry trends

In terms of revenue, Latin America region accounted for 10.5% of the global luggage market in 2024.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 12,481.7 million by 2030.

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Luggage Market Scope

Luggage market segmentation & scope

Type

Travel Bags

Business Bags

Casual Bags

Material

Soft-Sided

Hard-Sided

Distribution Channel

Online

Offline

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Canada

Mexico

U.S.

Denmark

France

Germany

Italy

Norway

Spain

Sweden

Australia

China

India

Japan

Singapore

South Korea

Thailand

Argentina

Brazil

Kuwait

Saudi Arabia

South Africa

UAE

Luggage Market Companies

Name	Profile	# Employees	HQ	Website

Latin America luggage market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luggage market will help companies and investors design strategic landscapes.

Travel bags was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Latin America luggage market based on travel bags covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of Latin America luggage market databook

Our clientele includes a mix of luggage market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America luggage market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America luggage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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