Emerging Trends to Drive Travel bags Market Growth at 7.4% CAGR Through 2029

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Travel bags Market Size Growth Forecast: What to Expect by 2025?
The travel bags market has grown strongly, climbing from $19.74 billion in 2024 to $21.18 billion in 2025 at a CAGR of 7.3%.

How Will the Travel bags Market Size Evolve and Grow by 2029?
A robust growth is anticipated in the luggage market in the coming years, with projections seeing it soar to $28.16 billion by 2029, maintaining a compound annual growth rate (CAGR) of 7.4%. This substantial growth within the prediction period can be credited to various factors such as increased urbanization and mobility, global travel tendencies, luxury travelling, travel rules and safety precautions, as well as the rise of e-commerce. Key trends expected in this period include an elevated demand for environmentally-friendly materials, innovative characteristics including built-in chargers and GPS tracking, tailored customization possibilities, flexible designs, and ease of use for contemporary voyagers.

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What Drivers Are Propelling the Growth of Travel bags Market Forward?
The expected growth of the travel bags market is seen to be driven by the expanding tourism sector. Defined as the act of visiting various locales for enjoyment, recreation, or cultural discovery, tourism is witnessing an upward trend for a plethora of reasons such as the increasing influence of social media and digital mediums, heightened mobility, a rise in sports events and music festivals, among other factors. Travel bags stand as critical elements in tourism as they guarantee comfort, space, organization, and safeguarding of personal items in the face of travelling obstacles. For instance, UN Tourism, a specialized agency under the United Nations based in Spain, revealed in May 2023 that international arrivals for the first quarter of 2023 attained 80% of the levels seen pre-pandemic. The agency estimated that approximately 235 million tourists embarked on international travel during the first quarter, a figure over twice the count noted in the same timeframe in 2022. Consequently, the burgeoning tourism sector is fuelling the expansion of the travel bags market.

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Which Emerging Trends Are Transforming the Travel bags Market in 2025?
Prominent organizations in the travel bags market are concentrating on the introduction of inventive products, such as transit travel series bags, to remain pertinent, fulfil changing consumer needs, and sustain a competitive stance in the industry. Transit travel series bags are essentially a range or range of travel bags designed with convenience in mind for transit use, including airport, train station, or other transportation hub travel. For example, in February 2024, WANDRD, a US-based firm specializing in travel and photography gear items, introduced a new transit travel series bags range, specifically tailored for photographers. This bag, which presents a sleek design inclusive of functional compartments and pockets for efficient organization and easy accessibility of essentials, is a versatile partner designed to outperform expectations. Crafted from durable, weather-proof materials and equipped with reinforced zippers for increased protection, the bag caters for various travel needs, from day-to-day commuting to photography expeditions, ensuring travellers appreciate both fashion 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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