Smart Luggage Market Size Forecasted To Achieve 4.98 Billion By 2029 With Steady Growth

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What Is the Smart Luggage Market Size and Projected Growth Rate?
The smart suitcase market has been on a steady increase in size swiftly in the past few years. Its expansion from $2.11 billion in 2024 to $2.51 billion in 2025, reflecting a Compound Annual Growth Rate (CAGR) of 19.0%, highlights this. Factors such as the escalating demand for intelligent travel baggage, a growing fascination with travel technology, a surge in infrastructure developments linked to tourist spots, an uptick in air travel exhibitions, and an increase in theft cases at airports and public spaces are responsible for the growth during the historical period.The smart luggage industry is anticipated to experience a swift expansion in the coming years, setting its market value at $4.98 billion in 2029, with a compounded annual growth rate of 18.7%. Factors contributing to this surge during the forecast period include a rise in consumer expenditures on traveling trips, broadened availability of reliable wi-fi and bluetooth features, an augmented number of technology-affluent travelers, increased demand for amplified travel convenience and security, and the evolving infrastructure developments related to tourist spots. The prediction period also highlights key trends like smart technology, incorporation of IoT technology, technology-facilitated products, sensor technology, and product innovation.

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What Are the Major Segments in the Smart Luggage Market?
The smart luggage market covered in this report is segmented -

1) By Product Type: Duffel Bags, Strollers, Travel Backpacks, Other Product Types
2) By Technology: Sensors, SIM Cards, USB Charging, Connectivity Technology
3) By Material: Nylon, Leather, Canvas, Plastic, Other materials
4) By Distribution Channel: Specialty Stores, Online Stores, Brand Stores, Other Distribution Channels

Subsegments:
1) By Duffel Bags: Medium Duffel Bags, Large Duffel Bags, Rolling Duffel Bags
2) By Strollers: Single Seat Strollers, Double Seat Strollers, Folding Strollers
3) By Travel Backpacks: Carry-On Backpacks, Laptop Backpacks, Hiking Backpacks
4) By Other Product Types: Smart Suitcases, Smart Carry-Ons, Smart Totes

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What Are The Driving Smart Luggage Market Evolution?
The increase in air travel is predicted to spur the expansion of the smart luggage market. Flying via airplanes or other aircraft allows for swift transportation of individuals and goods over long distances between cities, countries, or continents. This increase in air travel is due to reduced costs, quicker travel times, improved connectivity, and a surge in global travel demand. Smart luggage enhances the air travel experience by introducing features like GPS tracking, remote locking, and built-in scales, which ensure safety, convenience, and adherence to airline weight limitations. Features like USB charging ports, and proximity alerts aid travelers in staying connected and safeguarding against misplacing or theft of baggage. For example, data from the International Air Transport Association (IATA), a Canada-based global trade organization, showed that in January 2025, total air traffic for the full year of 2024, represented in revenue passenger kilometers (RPKs), saw a rise of 10.4% compared to 2023. International traffic observed a 13.6% rise year-over-year, with capacity amplifying by 12.8%. Meanwhile, domestic air traffic for 2024 noted a 5.7% surge from the previous year, while the capacity grew by 2.5%. Therefore, the increase in air travel is fuelling the growth of the smart luggage market.

Which Firms Dominate The Smart Luggage Market Segments?
Major companies operating in the smart luggage market are Samsonite International, Wrangler Brands Inc., Tumi Inc., Rimowa GmbH, Arlo Skye Inc., Delsey S.A., Heys International, Cargo Inc., Airwheel Technology Holding Limited, ECBC Inc., Horizn Studios, Modobag Inc., Plevo, ForwardX, July Inc., Weego Inc., Samsara Luggage, Monos Inc., Kabuto Inc., TraxPack Inc.

What Trends Are Expected to Dominate the Smart Luggage Market in the Next 5 Years?
Prominent players in the smart luggage industry are prioritizing technological innovation, such as wallet trackers, to ward off loss and theft by offering real-time location tracking, smartphone notifications, and straightforward retrieval of lost wallets. A wallet tracker is a compact device enabled with Bluetooth or GPS, designed to track lost or misplaced wallets through a connected mobile app. For example, in October 2023, Samsung, an electronics manufacturer based in South Korea, introduced the Galaxy SmartTag2, a sophisticated Bluetooth tracker intended for bag packs. It exhibits a fresh ring-shaped body that substitutes the older punch-hole design and offers ultra-wideband and Bluetooth connectivity. The product's unique features comprise a novel 'Lost Mode,' enabling users to add contact details to expedite the recovery of misplaced items, and a Compass View feature that gives directional assistance with on-screen arrows. Moreover, Samsung has improved battery life to enable prolonged use.

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Which Is The Largest Region In The Smart Luggage Market?
North America was the largest region in the smart luggage market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart luggage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Smart Luggage Market?
2. What is the CAGR expected in the Smart Luggage Market?
3. What Are the Key Innovations Transforming the Smart Luggage Industry?
4. Which Region Is Leading the Smart Luggage Market?

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