Press release
Luggage & Travel Bags Market Current Status, In-depth Analysis and Forecast Outlook 2031
The global luggage & travel bags market is anticipated to grow at a substantial CAGR of 6.4% during the forecast period. The market is set to display impressive growth owing to the increasing urbanization along with development of airport infrastructure and tourist destinations globally, and rising income level of the population in major economies along with lifestyle changes. The significant growth in travel and tourism sector is another factor for the market growth. The major players operating in luggage & travel bags industry are now focusing on designing of smart bags with multiple features such as internet connectivity, RFID pockets, and USB connection among others. to attract customers, this factor is further supporting the growth of the market. Consumers in major economies are investing more on luxury and premium quality products which is motivating the manufacturers to focus on better design and development of innovative products made up of environmentally friendly materials. For instance, Horizn Studios launched Circle One, a sustainable piece of luggage, realized with 100.0% plant-based materials and designed to be repaired.Get Free Sample link @ https://www.omrglobal.com/request-sample/luggage-travel-bags-market
The global luggage & travel bags market is segmented based on product type and material type. Based on product type, the market is sub-segmented into duffle, trolleys, and backpacks. Bagpacks held major market share based on product type. On the basis of material type, the market is sub-segmented into polyester, fabric, leather, and others.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is the fastest-growing region in the global luggage & travel bags market. China, India, Japan are the major contributors to the market growth. The presence of huge population base especially millennial and increasing demand for fashion accessories among them is the significant factor for the market growth. North America region is contributing high share to the market growth. The advancement and adoption of technology such as IoT in fashion accessories is attracting the customer base in the major economies such as the US and Canada.
The key players in the luggage & travel bags market contribute significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include Adidas AG, Nike Inc., Samsonite International S.A., LVMH Group, and VIP Industries Ltd. among others. These market players are adopting several market strategies including product launch and approvals, merger and acquisition, partnership collaboration, business, and capacity expansion, and others.
Full report of Luggage & Travel Bags Market available @ https://www.omrglobal.com/industry-reports/luggage-travel-bags-market
Market Segmentation
Global Luggage & Travel Bags Market, By Product Type
• Duffle
• Trolley
• Backpacks
Global Luggage & Travel Bags Market, By Material Type
• Polyester
• Fabric
• Leather
• Others
Company Profiles
• Ace Co. Ltd.
• Adidas AG
• Delsey SA.
• Deuter Sport GmbH
• Fenix Outdoor International AG
• Lowe Alpine Co.
• London Luggage Co.
• LVMH Group
• Nike Inc.
• Osprey Europe Ltd.
• Rimowa GmbH
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/luggage-travel-bags-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Luggage & Travel Bags Market Current Status, In-depth Analysis and Forecast Outlook 2031 here
News-ID: 3691712 • Views: …
More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…

Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…

Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…

Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Luggage
Luggage Delivery Service Market Booming with Rapid Growth by 2032 Powered by Lug …
Coherent Market Insights has published a comprehensive research report on the Global Luggage Delivery Service Market, offering in-depth insights into the key factors and trends shaping the market's future growth. The report covers the forecast period from 2025 to 2032, alongside an analysis of historical data from 2020 to 2023. This study delivers a complete blend of qualitative and quantitative assessments, enabling stakeholders to gain a deep understanding of the…
New Horizons in Luggage Delivery Service Market Growth in Future Scope 2025-2032 …
The global luggage delivery service market is estimated to be valued at USD 6.13 Bn in 2025 and is expected to reach USD 10.58 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
The Latest research study released by Coherent Market Insights on the Luggage Delivery Service Market Size, Share & Trends Forecast 2025-2032 with 150+ pages of analysis on business strategy taken up…
Luggage Delivery Service Market To Witness Substantial Growth, 2025-2032 | Lugga …
Global Luggage Delivery Service Market is estimated to be valued at USD 6.13 Bn in 2025 and is expected to reach USD 10.58 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
The latest release from Coherent Market Insights, titled Luggage Delivery Service Market Research Report 2025-2032 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the…
Luggage Delivery Service Market Size, Share, Demand, Growth Statistics, and Tren …
The Luggage Delivery Service Market is estimated to be valued at USD 6.13 Bn in 2025 and is expected to reach USD 10.58 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
The Luggage Delivery Service Market Report is the result of extensive research and analysis conducted by our team of experienced market researchers. It encompasses a wide range of critical factors influencing the…
Luggage Delivery Service Market Is Booming Worldwide 2024-2031 | Luggage Forward …
The global luggage delivery service market is estimated to be valued at USD 5.67 Bn in 2024 and is expected to reach USD 9.64 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.87% from 2024 to 2031.
The latest competent intelligence report published by CMI with the title "An Increase in Demand and Opportunities for Global Luggage Delivery Service Market 2024" provides a sorted image of the Luggage…
Trailblazing Markets: Anti-theft Luggage (Anti-cut Luggage) Market Journey to Ex …
𝐆𝐫𝐨𝐰𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬, a prominent Market research firm, has recently released a comprehensive report on the Anti-theft Luggage (Anti-cut Luggage) Market. This report offers a complete overview of the key aspects of the market, providing a robust assessment of the current Market situation and its anticipated scope. The report spans the forecast period from 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟐.
𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
- In-depth Analysis of 𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭: The report includes a…