The Travel bags Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Travel bags Market?
The Travel bags Global Market Report 2025 indicates an impressive growth pattern in the market size historically. The market size, which was $19.74 billion in 2024, is predicted to increase to $21.42 billion in 2025, showing a compound annual growth rate (CAGR) of 8.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Travel bags Industry?
The travel bags market is projected to reach $29.38 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.2%.
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What are the Key Growth Drivers Fueling the Travel bags Market?
The key drivers in the travel bags market are:
• Increased urbanization and mobility leading to higher demand for travel bags
• Global travel trends encouraging the use of travel bags
• Expansion of e-commerce providing easy access to a variety of travel bags
• Rise in demand for innovative features like built-in chargers, GPS tracking, and personalized customization options in travel bags.
Global Market Segmentation: Identifying Major Travel bags Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Travel bags Market?
The key trends in the travel bags market are:
• There is a rising demand for eco-friendly materials in the production of travel bags.
• Inbuilt features such as chargers and GPS tracking in travel bags are emerging trends.
• Personalized customization options in travel bags is a growing trend.
• The design of travel bags is trending towards versatility and convenience for modern travelers.
Who Are the Top Competitors & Leading Players in the Travel bags Market?
Major companies 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
Regional Dominance: Which Area Leads the Global Travel bags Market?
North America was the largest region in the travel bags market in 2024
