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Travel bags Market Size, Value And Growth Trajectory Through 2030
The travel bags market has seen substantial growth in recent years. It is forecast to grow from $21.18 billion in 2025 to $22.85 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 7.9%. This past expansion can be linked to factors such as an increase in domestic and international travel, evolving airline baggage handling requirements, the rising adoption of backpacks for various travel needs, the growth of organized luggage retail, and the consistent demand for durable travel storage solutions.
The travel bags market is anticipated to show significant expansion in the coming years, with its size projected to reach $29.82 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 6.9%. This forecasted growth is propelled by factors such as the increasing incorporation of smart luggage functionalities, a rising consumer appetite for environmentally friendly bags, the expansion of online sales channels for luggage, a growing inclination towards premium travel bags, and increased travel activity among younger demographics. Prominent trends expected during this period include a greater adoption of lightweight and durable bag designs, an escalating demand for anti-theft travel bags, an evolving preference for smart and connected luggage, the broadened use of sustainable bag materials, and a heightened focus on ergonomic and modular designs.
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Travel bags Market Demand Drivers Opening New Revenue Streams
The expanding tourism industry is projected to boost the future expansion of the travel bags market. Tourism involves journeys to various locations, typically for enjoyment, relaxation, or cultural discovery. The surge in tourism can be attributed to multiple elements, such as growing social media and digital impact, enhanced ease of movement, an increase in sporting events and music festivals, among others. For tourists, travel bags serve as crucial equipment, providing ease, storage, organization, and security for their possessions during their journeys. To illustrate, in May 2023, UN Tourism, a specialized agency of the United Nations based in Spain, reported that international arrivals in the first quarter of 2023 achieved 80% of their pre-pandemic volume. An estimated 235 million tourists undertook international travel within those first three months, which was more than double the figure for the corresponding period in 2022. Consequently, the expanding tourism sector is propelling the growth of the travel bags market.
Travel bags Market Segments: Where Is Growth Concentrated?
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
Travel bags Market Trends Powering Strategic Industry Growth
Major companies operating within the travel bags market are emphasizing the creation of innovative products, such as transit travel series bags, to remain pertinent, satisfy changing consumer demands, and sustain a competitive edge. Transit travel series bags generally denote a range or collection of travel bags specifically designed for effortless use during journeys through transportation centers like airports or train stations. For instance, in February 2024, WANDRD, a US-based company providing travel and photography gear, launched a new collection of transit travel series bags uniquely crafted for photographers. This bag serves as a versatile companion engineered to exceed expectations, featuring a streamlined design with functional pockets and compartments to keep necessities organized and easily accessible. It is constructed from robust, weather-resistant materials with reinforced zippers for extra safeguarding. Additionally, these bags accommodate various travel necessities, from daily commuting to photography adventures, ensuring travelers can enjoy both style and functionality in their equipment.
Travel bags Market Key Players Shaping Industry Direction
Major companies operating in the travel bags market are Samsonite International S.A., Delsey S.A., Briggs & Riley Travelware LLC, Travelpro International Inc., Thule Group, Deuter Sport GmbH, Patagonia Inc., Louis Vuitton Moet Hennessy, Hermes International, Longchamp SAS, Timbuk2 Designs Inc., Black Diamond Equipment Ltd., Pelican Products Inc., Everest Bag, Victorinox AG, Away Travel Inc., Antler Ltd., Targus International LLC, Peak Design Inc., Bellroy Pty Ltd., CabinZero Ltd., Herschel Supply Company
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Travel bags Market Regional Analysis: Which Geography Leads On Revenue?
North America was the largest region in the travel bags market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
