Travel Bag Market To Reach $32.29 Billion By 2030 | CAGR 8.3%

Travel Bag Market Growth & Trends

The global travel bag market size is estimated to reach USD 32.29 billion in 2030 and is anticipated to expand at a CAGR of 8.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand for travel bags is closely linked to the resurgence in travel activity following the pandemic. As people resume both leisure and business trips, there is an increased need for high-quality, functional travel accessories. This uptick in travel has spurred consumers to seek out durable and practical bags that can handle frequent use and offer reliable performance.

Another key factor driving demand is the growing preference for personalized and stylish products. Modern consumers value individuality and are drawn to travel bags that reflect their personal style. This trend has led to a surge in popularity for bags available in a wide range of colors, patterns, and customizable options. Brands that offer unique designs and personalization features cater to this desire for self-expression.

The rise in adventure and outdoor activities has further contributed to the demand for specialized travel bags. With more people engaging in adventure tourism, there is a need for bags designed to handle rugged conditions. This trend has driven innovation in bag design and materials, making travel bags more versatile and suited to various environments.

The growth of e-commerce and online shopping has also played a significant role in this trend. Consumers have greater access to a wide range of travel bags through online platforms, where they can compare options and read reviews. The influence of social media and celebrity endorsements further shapes consumer preferences, with stylish and well-reviewed bags gaining popularity.

Technological advancements have enabled the creation of travel bags with enhanced features, such as built-in charging ports, GPS tracking, and anti-theft designs. These innovations appeal to tech-savvy travelers who value convenience and security. In addition, the focus on brand experience and customer service has become increasingly important. Brands that invest in innovative designs and provide exceptional service can build a loyal customer base, driving higher demand.

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Travel Bag Market Report Highlights

• North America accounted for a market share of 32.6% in 2023. With the increasing popularity of e-commerce and remote work opportunities, more people in North America are adopting a digital nomad lifestyle, which often involves traveling while working. This shift has led to a higher demand for travel bags that are lightweight, durable, and versatile enough to accommodate both work and leisure items. Bags with compartments for electronic devices, charging ports, and secure pockets have become particularly popular among this demographic.

• Duffle travel bags is expected to growth with a CAGR of 9.3% from 2024 to 2030. Duffle bags are typically lightweight, which makes them easy to carry, especially compared to more rigid luggage options such as suitcases. Many duffle bags also feature both handles and shoulder straps, providing multiple carrying options and increasing comfort and convenience for travelers moving through airports, train stations, or urban environments.

• Nylon travel bags are expected to growth with a CAGR of 9.0% from 2024 to 2030. Nylon is a lightweight material, which helps keep the overall weight of the travel bag low. This feature makes it easier for travelers to carry and maneuver their bags, especially in crowded spaces such as airports and train stations. The lightweight nature of nylon bags also helps travelers stay within airline weight limits, reducing the risk of extra baggage fees.

• Hard sided travel bags accounted for a market share of 82.5% in 2023. Hard-sided bags often offer better resistance to water and weather elements compared to soft-sided bags. This feature is highly valued by travelers who want to ensure their belongings remain dry and secure in various conditions, such as rain or snow

• Sales through online channels are expected to grow at a CAGR of 9.1% from 2024 to 2030. Online shopping allows consumers to browse and purchase travel bags from the comfort of their homes, without the need to visit multiple physical stores. This convenience is especially appealing to busy individuals or those who prefer shopping outside regular business hours. The ability to compare different options and make purchases with just a few clicks enhances the overall shopping experience.

Travel Bag Market Segmentation

Grand View Research has segmented the global travel bag market on the basis of type, product, material, distribution channel, and region:

Travel Bag Type Outlook (Revenue, USD Million, 2018 - 2030)

• Soft Side

• Hard Side

Travel Bag Product Outlook (Revenue, USD Million, 2018 - 2030)

• Suitcases

• Backpacks

• Duffel Bags

• Others

Travel Bag Material Outlook (Revenue, USD Million, 2018 - 2030)

• Polyester

• Leather

• Nylon

• Others

Travel Bag Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hypermarkets & Supermarkets

• Specialty Stores

• Online

• Others

Travel Bag Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • UAE

List of Key Players in Travel Bag Market

• Tumi Holdings, Inc.

• Samsonite International S.A.

• Travelpro International, Inc.

• Briggs & Riley

• American Tourister

• Rimowa

• Delsey Paris

• Victorinox Swiss Army

• Hartmann Luggage

• Eagle Creek