| Product Code: ETC011689 | Publication Date: Jun 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Philippines continues to rely heavily on imports of luggage, with top suppliers in 2024 including China, Indonesia, Metropolitan France, Belgium, and Italy. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry has seen significant growth with a compound annual growth rate (CAGR) of 33.22% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -17.01%, suggesting a potential slowdown in the market. Monitoring these trends will be crucial for stakeholders in the luggage import industry in the Philippines.

The Luggage market in Philippines is projected to grow at a exponential growth rate of 16.68% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

The Philippines luggage market is expected to grow at a CAGR of 6.5% during the 2020-2026 period. The growth can be attributed to factors such as the increasing tourism industry in the country, rising disposable incomes, and growing consumer preference for branded luggage products. In addition, eCommerce platforms and online retailers are also contributing to an increase in demand for luggages in the country. Furthermore, prominent players like Samsonite, Delsey Paris, Rimowa and America Tourister have established their presence in the Philippine market which is further driving its growth. Moreover, low cost airlines are now offering competitive airfare rates that attract more travelers from both domestic and international destinations leading to increased demand for luggage products in this region.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Luggage Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Luggage Market Revenues & Volume, 2019 & 2026F |
3.3 Philippines Luggage Market - Industry Life Cycle |
3.4 Philippines Luggage Market - Porter's Five Forces |
3.5 Philippines Luggage Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Philippines Luggage Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Philippines Luggage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Luggage Market Trends |
6 Philippines Luggage Market, By Types |
6.1 Philippines Luggage Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Luggage Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Philippines Luggage Market Revenues & Volume, By Travel Luggage, 2016 - 2026F |
6.1.4 Philippines Luggage Market Revenues & Volume, By Casual Luggage, 2016 - 2026F |
6.1.5 Philippines Luggage Market Revenues & Volume, By Business Luggage, 2016 - 2026F |
6.1.6 Philippines Luggage Market Revenues & Volume, By Sports Luggage, 2016 - 2026F |
6.1.7 Philippines Luggage Market Revenues & Volume, By Other Product Types, 2016 - 2026F |
6.2 Philippines Luggage Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Luggage Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Philippines Luggage Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Philippines Luggage Market Import-Export Trade Statistics |
7.1 Philippines Luggage Market Export to Major Countries |
7.2 Philippines Luggage Market Imports from Major Countries |
8 Philippines Luggage Market Key Performance Indicators |
9 Philippines Luggage Market - Opportunity Assessment |
9.1 Philippines Luggage Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Philippines Luggage Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Philippines Luggage Market - Competitive Landscape |
10.1 Philippines Luggage Market Revenue Share, By Companies, 2019 |
10.2 Philippines Luggage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |