Global Smart Luggage Market Size & Outlook, 2024-2030
Global smart luggage market, 2018-2030 (US$M)
Related Markets
Global smart luggage market highlights
- The global smart luggage market generated a revenue of USD 2,344.2 million in 2024 and is expected to reach USD 6,881.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 19.7% by 2030.
- In terms of segment, backpack accounted for a revenue of USD 1,041.3 million in 2024.
- Duffle Bags is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, ANZ is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 2,344.2 million |
| Market revenue in 2030 | USD 6,881.7 million |
| Growth rate | 19.7% (CAGR from 2025 to 2030) |
| Largest segment | Backpack |
| Fastest growing segment | Duffle Bags |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Duffle Bags, Stroller, Backpack |
Other key industry trends
- In terms of revenue, the North America accounted for 39.7% of the global smart luggage market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, ANZ is the fastest growing regional market and is projected to reach USD 96.1 million by 2030.
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Smart Luggage Market Scope
Smart Luggage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart 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 smart luggage market will help companies and investors design strategic landscapes.
Backpack was the largest segment with a revenue share of 44.42% in 2024. Horizon Databook has segmented the Global smart luggage market based on duffle bags, stroller, backpack covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Luggage Source Outlook (Revenue, USD Million, 2018-2030)
- Duffle Bags
- Stroller
- Backpack
- Others
- Global Smart Luggage Source Outlook (Revenue, USD Million, 2018-2030)
- Connectivity
- Sim Card
- USB Charging
- Global Smart Luggage Distribution Outlook (Revenue, USD Million, 2018-2030)
- Specialty Store
- Online
- Brand Store
- Others
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Our clientele includes a mix of smart luggage market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart luggage market , including forecasts for subscribers. This global databook contains high-level insights into Global smart luggage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global smart luggage market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart luggage market size, 2024 (US$M)
Global smart luggage market share, by source, 2024 & 2030 (%, US$M)
Smart luggage market: Opportunity assessment by country
Global smart luggage market, by region, 2024 (US$M)
| Source | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 317.1 | 379.4 | 453.9 | 543.0 | 649.5 | 777.0 | 930.2 | 1,115.5 | 1,336.1 | 1,605.0 | 1,927.9 | 2,317.6 | 2,788.5 | 20.1% |
| Europe | 224.1 | 264.6 | 312.3 | 368.7 | 435.2 | 513.7 | 606.7 | 717.7 | 848.0 | 1,004.6 | 1,190.1 | 1,410.8 | 1,673.6 | 18.4% |
| Asia Pacific | 188.0 | 225.7 | 271.0 | 325.4 | 390.7 | 469.1 | 563.6 | 678.2 | 815.2 | 982.6 | 1,184.3 | 1,428.6 | 1,724.6 | 20.5% |
| Latin America | 47.8 | 56.7 | 67.1 | 79.4 | 94.0 | 111.2 | 131.7 | 156.3 | 185.2 | 220.1 | 261.6 | 311.1 | 370.2 | 18.8% |
| MEA | 39.5 | 47.0 | 55.9 | 66.5 | 79.1 | 94.1 | 112.1 | 133.6 | 159.2 | 190.1 | 227.1 | 271.5 | 324.8 | 19.4% |
| Overall | 816.5 | 973.3 | 1,160.2 | 1,383.0 | 1,648.5 | 1,965.0 | 2,344.2 | 2,801.4 | 3,343.7 | 4,002.4 | 4,790.9 | 5,739.5 | 6,881.7 | 19.7% |
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