The North America travel bags market size is expected to reach USD 11.79 billion by 2030, registering a CAGR of 6.3% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing air passenger traffic domestically and growing trend of family trips over weekends, driven by rising disposable incomes, in the region.
In recent years, economic stability and the resultant rise in disposable incomes of the population have led to growth of the travel & tourism industry in the region, with significantly growing trends of domestic travel and family vacations over weekends. The reasonable air fares for domestic travel have also led to increasing traffic of business personnel in air transport, most notably in the U.S.
The short duration of such trips has led to the demand for smaller and convenient travel goods, including bags, such as duffle bags, trolleys, and backpacks. The further growth of the travel industry in the region is expected to have significant impacts on the growth of the travel bags market during the forecast period.
Duffle bag is the largest travel bag segment in 2016 and is anticipated to register a lucrative growth rate over the analysis period. However, prepared trolley bags are anticipated to witness fastest CAGR of 7.1%, from 2017 to 2025.
The growth of duffle bag segment can be attributed to the growing traveler preferences towards this type of bags, most notably for travels of short durations, wherein the bag offers major advantages such as convenience, large packing space, and lightweight.
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The North America travel bags market size was valued at USD 7.72 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.
Duffle bag generates the highest revenue in the market while trolley bag is anticipated to register fastest growth rate over the forecast period
By distribution channel, supermarkets held the largest market share of 35.3% in the overall market. However, the online sales channels are anticipated to witness the fastest CAGR over the forecast period
The U.S. dominated the North American travel bags market, with a market share of 71.7% in 2023
Grand View Research has segmented the North America travel bags market report based on type, product, price range, material, distribution channel, and country.
North America Travel Bags Type Outlook (Revenue, USD Million, 2018 - 2030)
Hard Side
Soft Side
North America Travel Bags Product Outlook (Revenue, USD Million, 2018 - 2030)
Duffle
Trolley
Backpacks
North America Travel Bags Price Range Outlook (Revenue, USD Million, 2018 - 2030)
Economy
Mid-Range/Premium
Lunch
North America Travel Bags Material Outlook (Revenue, USD Million, 2018 - 2030)
Nylon
Leather
Canvas
Plastic (polycarbonate and ABS)
Others
North America Travel Bags Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Supermarkets/Hypermarket
Specialty Stores
Online Stores
Others
North America Travel Bags Country Outlook (Revenue, USD Million, 2018 - 2030)
U.S.
Canada
Mexico
List of Key Players of North America Travel Bags Market
Samsonite IP Holdings S.à r.l.
Antler USA
Bric's industria valigeria fine spa
DELSEY KSA
OLYMPIA USA SHOPPING
LVMH Moët Hennessy Louis Vuitton
Nike, Inc.
V.F. Corporation
Valigeria Roncato
VIP Industries Ltd.
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