Emerging Trends to Drive Travel bags Market Growth at 8.2% CAGR Through 2029

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Travel bags Market Size Growth Forecast: What to Expect by 2025?
The market size for travel bags has been significantly expanding in the past few years. The market is estimated to increase from $19.74 billion in 2024 to $21.42 billion in 2025, with an impressive compound annual growth rate (CAGR) of 8.5%. Factors contributing to this growth during the historical period include the revolution of transportation, trends in fashion and design, changes in consumer tastes and lifestyles, marketing and promotion strategies, the expansion of colonialism, cultural transitions, and social norms.

How Will the Travel bags Market Size Evolve and Grow by 2029?
Expectations suggest strong expansion in the travel bags market size in the coming years, with an estimated worth of $29.38 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.2%. Urbanization and mobility, worldwide travel tendencies, luxury travel, travel regulations and safety provisions, along with the proliferation of e-commerce, are contributing factors to this growth within the forecast period. The period also foresees significant trends such as an increased demand for environmentally friendly materials, innovative additions like GPS tracking and in-built chargers, options for personalized customization, versatile designs, and convenience for contemporary travelers.

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What Drivers Are Propelling the Growth of Travel bags Market Forward?
The anticipated expansion of the tourism sector is predicted to drive the growth of the travel bags market. Tourism, as an activity where individuals travel to various places for leisure, entertainment, or cultural discovery, is witnessing an upward trend. This growth is fueled by various elements such as growing digital and social media impact, enhanced mobility, a surge in sports events and music festivals, among others. Travel bags are considered indispensable tools in tourism for their role in ease, storage, arrangement, and safeguarding of belongings during the rigors of travel. For example, UN Tourism, a specialized agency of the United Nations based in Spain, reported in May 2023 that international arrivals during the first quarter of 2023 attained 80% of the pre-pandemic levels. It is estimated that during the first three months, around 235 million tourists traveled abroad, which is more than twice the number comparing to the same span in 2022. Hence, the flourishing tourism sector is contributing to the expansion of the travel bags market.

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Which Emerging Trends Are Transforming the Travel bags Market in 2025?
Leading corporations in the travel bags sector are prioritizing creating groundbreaking products like transit travel series bags to stay up-to-date, fulfill shifting customer demands and keep up their market competitiveness. Transit travel series bags usually denote a range or ensemble of travel bags specially made for convenience during transit, such as during airport travels, at train stations, or other transport hubs. To exemplify, WANDRD, an American company that specializes in travel and photography gear products, launched a fresh collection of transit travel series bags specifically designed for photographers in February 2024. This bag serves as a versatile companion designed to surpass expectations, characterized by a stylish design and handy pockets and compartments for organized and easy-to-reach essentials. The use of sturdy, weather-resistant materials and reinforced zippers ensure added protection. Moreover, these bags address varying travel needs, from everyday commuting to photo-based adventures, guaranteeing travelers a blend of style and functionality in their equipment.

What Are the Key Segments in the Travel bags Market?
The travel bags market covered in this report is segmented -

1) By Product: Duffle, Trolley, Backpacks
2) By Material Type: Polyester, Fabric, Leather, Other Material Types
3) By Price Range: Premium Price, Medium Price, Low Price
4) By Distribution Channel: Online, Offline

Subsegments:
1) By Duffle: Soft-Sided Duffle Bags, Hard-Sided Duffle Bags, Rolling Duffle Bags
2) By Trolley: Hard-Shell Trolley Bags, Soft-Shell Trolley Bags, Carry-On Trolley Bags, Checked Luggage Trolley Bags
3) By Backpacks: Hiking Or Outdoor Backpacks, Laptop Backpacks, Travel Backpacks, Anti-Theft Backpacks

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Who Are the Key Players Shaping the Travel bags Market's Competitive Landscape?
Major companies operating in the travel bags market are Louis Vuitton Moët Hennessy, Kering S.A, Eagle Creek Inc., Hermes international, VF corporation, callaway golf company, Samsonite International S.A., Marel Inc., Fenix outdoor, Tumi Holdings Inc., Pelican Products Inc., Black Diamond Equipment Ltd., Delsey SA, Patagonia Inc., Longchamp SAS, Travelpro International Inc., Thule Group, Kipling Retail LLC, High Sierra Sport Company, Timbuk2 Designs Inc., Briggs & Riley Travelware LLC, Swissgear, Rimowa GmbH, Deuter Sport GmbH, Everest Bag

What Geographic Markets Are Powering Growth in the Travel bags Market?
North America was the largest region in the travel bags market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the travel bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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