Luggage Market Share and size | Industry Trends & Forecast 2025

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Code: MTA9994

Publication Date: Oct 2025

Whart is the Luggage Market share and size?

According to 6Wresearch internal database and industry insights, the Global Luggage Market was valued at USD 20.2 Billion in 2024 and is expected to reach USD 27.9 Billion by 2031, growing at a compound annual growth rate of 4.60% during the forecast period (2025-2031).

The market is driven by increasing travel demand, and innovations in luggage designs, and with the rise of e-commerce platforms for luggage sales. This industry accounted for an estimated global market share of over 30% within the overall travel bags ecosystem in 2024.

Key Growth Drivers of the Luggage Market

Increasing worldwide travel and tourism, both leisure and business
Demand for innovative and smart luggage with integrated technologies
Rise in disposable income and consumer spending on premium luggage
Growth of the e-commerce sector facilitating direct-to-consumer sales
Growing number of travel restrictions being lifted, increasing travel frequency

Luggage Market Trends

The Luggage Market is set to grow with notable trends such as the increasing adoption of smart luggage, which features built-in tracking systems, USB charging ports, and digital locks. More people want luggage that is both easy to carry and long-lasting, which is why the trend toward lightweight and durable materials is growing. Consumers are choosing eco-friendly and long-lasting luggage, and many brands are choosing materials that can be recycled. Also, the growth of online shopping is making it easier for people to buy luggage directly from the makers, without having to go through regular stores. Travelers looking for more convenience and efficiency are drawn to new designs and functions, like luggage with compartments that can be expanded.

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Emerging Developments in the Luggage Market

Emerging developments in the Luggage Market include the introduction of connected and high-tech luggage equipped with GPS tracking, security alarms, and built-in weight sensors. A lot of brands are also adding AI and the Internet of Things to their luggage systems to make them better for users. Another big focus is on sustainability. More companies are making eco-friendly luggage out of recycled materials. Also, people are paying more attention to how luggage can be customized, with options for different colors, prints, and designs. People are using new hard-shell materials and polycarbonate exteriors that make things last longer.