Luggage & Bags Market
Luggage & Bags Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Luggage & Bags Market Size and Growth
The Luggage & Bags market is witnessing robust growth, valued at approximately $60 billion in 2023. Increasing travel activities and evolving consumer preferences drive demand. Market conditions indicate a shift towards sustainable materials and smart luggage features, enhancing market competitiveness and innovation, while online sales channels are rapidly gaining prominence.
Companies Covered
(Covid 19 Impact Covered)
◍ Samsonite
◍ VIP Industries
◍ Safari
◍ Delsey
◍ Briggs and Riley
◍ Rimowa
◍ VF Corporation
◍ Travelpro
◍ Tommy Hilfiger
◍ Victorinox
◍ Louis Vuitton
◍ Echolac
◍ ACE
◍ Tumi
◍ American Tourister
◍ HIDEO WAKAMATSU
◍ Crown luggage
The Luggage & Bags market features key players like Samsonite, Delsey, and Tumi, each innovating through design and functionality. These companies enhance brand loyalty and market growth via extensive distributions and marketing. Revenue highlights include:
- Samsonite: Approx. $3 billion
- VF Corporation: $12 billion
- American Tourister: Part of Samsonite Group.
◍ Oiwas
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Market Segmentation
By Application
Travel
Business
Other
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By Product
Spinner Luggage
Travel Pack
Duffel Bag
$ 17880.00 Million
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