Singapore Travel Bags Market (2024-2030) | Trends, Industry, Revenue, Share, Analysis, Value, Outlook, Size, Companies, Forecast & Growth

Market Forecast By Material Types (Hard-Side, Soft-Side), By Product Types (Briefcases, Messenger Bag, Backpacks, Laptop Bag), By Distribution Channel (Supermarkets, Specialty Stores, Factory Outlets, Online store, Others), By Price Range (Premium Range, Medium Range, Low Range) And Competitive Landscape
Product Code: ETC005027 Publication Date: Jul 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Travel Bags Market Size Growth Rate


The Singapore Travel Bags Market could see a tapering of growth rates over 2025 to 2029. Starting high at 4.55% in 2025, the market steadily declines to 1.78% by 2029.

Singapore Travel Bags Market Size Growth Rate

Travel Bags Market: Singapore vs Top 5 Major Economies in 2027 (Asia)


By 2027, the Travel Bags market in Singapore is anticipated to reach a growth rate of 4.13%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Travel Bags Market: Singapore vs Top 5 Major Economies in 2027 (Asia)

Singapore Travel Bags Market Synopsis

The Singapore travel bags market is estimated to reach a market value of USD 18.2 million by 2026, growing at a CAGR of 5.3% during the forecast period (2020-2026). The rise in demand for lightweight and durable luggage sets from travelers has been driving the growth of the Singapore travel bags market over recent years.

Market Drivers

Growing tourist population: The number of tourists visiting Singapore has increased significantly over recent years, driven by an increase in international flights and other tourism activities facilitated by government authorities and private organizations. This has resulted in high demand for suitable travel bags among customers which is expected to boost the growth of this market during the forecast period 2020-2026.Increase in disposable income levels: Over past few years, there has been rising disposable incomes among individuals across various income groups that has enabled them to purchase stylish and fashionable products such as designer branded suitcases or backpacks at premium prices resulting into higher revenues for companies operating within this industry space. Technological advancements offering comfort & convenience: With technological developments being made within this industry, manufacturers are now able incorporate features such as USB charging ports, built-in locks and anti theft systems into their product offerings thus providing greater convenience & comfort while traveling which boosts sales volumes thus furthering overall growth prospects for businesses operating within this domain moving forward till 2026 end.

Market challenges

High cost associated with branded/premium products : Despite increasing consumer spending power due to rising disposable incomes , the cost attached with branded /premium range luggage sets is quite expensive when compared with unbranded low priced options offered by competitors resulting into consumers opting out from buying these more expensive items limiting overall potential revenue streams generated through its sale.

Key players

Some key players present in the Singapore Travel Bags Market include Samsonite International SA , Delsey Paris , VF Corp., American Tourister (Samsonite South Asia Pte Ltd), Kipling(VF Corp.) High Sierra Sport Co.(VF Corporation) ETC

Covid-19 Impact

The COVID-19 pandemic significantly impacted the Singapore travel bags market. Travel restrictions, border closures, and reduced tourism during lockdowns and social distancing measures led to a decline in travel bag purchases as travel demand plummeted. However, as travel gradually resumed and restrictions eased, the market may have experienced a recovery in tandem with the return of travel activities.

Key Highlights of the Report:

  • Singapore Travel Bags Market Outlook
  • Market Size of Singapore Travel Bags Market, 2023
  • Forecast of Singapore Travel Bags Market, 2030
  • Historical Data and Forecast of Singapore Travel Bags Revenues & Volume for the Period 2020-2030
  • Singapore Travel Bags Market Trend Evolution
  • Singapore Travel Bags Market Drivers and Challenges
  • Singapore Travel Bags Price Trends
  • Singapore Travel Bags Porter's Five Forces
  • Singapore Travel Bags Industry Life Cycle
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Material Types for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Hard-Side for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Soft-Side for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Product Types for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Briefcases for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Messenger Bag for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Backpacks for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Laptop Bag for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Supermarkets for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Specialty Stores for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Factory Outlets for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Online store for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Price Range for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Premium Range for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Medium Range for the Period 2020-2030
  • Historical Data and Forecast of Singapore Travel Bags Market Revenues & Volume By Low Range for the Period 2020-2030
  • Singapore Travel Bags Import Export Trade Statistics
  • Market Opportunity Assessment By Material Types
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By Price Range
  • Singapore Travel Bags Top Companies Market Share
  • Singapore Travel Bags Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Travel Bags Company Profiles
  • Singapore Travel Bags Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Singapore Travel Bags Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Travel Bags Market Revenues & Volume, 2020 & 2030F

3.3 Singapore Travel Bags Market - Industry Life Cycle

3.4 Singapore Travel Bags Market - Porter's Five Forces

3.5 Singapore Travel Bags Market Revenues & Volume Share, By Material Types, 2020 & 2030F

3.6 Singapore Travel Bags Market Revenues & Volume Share, By Product Types, 2020 & 2030F

3.7 Singapore Travel Bags Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

3.8 Singapore Travel Bags Market Revenues & Volume Share, By Price Range, 2020 & 2030F

4 Singapore Travel Bags Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Travel Bags Market Trends

6 Singapore Travel Bags Market, By Types

6.1 Singapore Travel Bags Market, By Material Types

6.1.1 Overview and Analysis

6.1.2 Singapore Travel Bags Market Revenues & Volume, By Material Types, 2020-2030F

6.1.3 Singapore Travel Bags Market Revenues & Volume, By Hard-Side, 2020-2030F

6.1.4 Singapore Travel Bags Market Revenues & Volume, By Soft-Side, 2020-2030F

6.2 Singapore Travel Bags Market, By Product Types

6.2.1 Overview and Analysis

6.2.2 Singapore Travel Bags Market Revenues & Volume, By Briefcases, 2020-2030F

6.2.3 Singapore Travel Bags Market Revenues & Volume, By Messenger Bag, 2020-2030F

6.2.4 Singapore Travel Bags Market Revenues & Volume, By Backpacks, 2020-2030F

6.2.5 Singapore Travel Bags Market Revenues & Volume, By Laptop Bag, 2020-2030F

6.3 Singapore Travel Bags Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 Singapore Travel Bags Market Revenues & Volume, By Supermarkets, 2020-2030F

6.3.3 Singapore Travel Bags Market Revenues & Volume, By Specialty Stores, 2020-2030F

6.3.4 Singapore Travel Bags Market Revenues & Volume, By Factory Outlets, 2020-2030F

6.3.5 Singapore Travel Bags Market Revenues & Volume, By Online store, 2020-2030F

6.3.6 Singapore Travel Bags Market Revenues & Volume, By Others, 2020-2030F

6.4 Singapore Travel Bags Market, By Price Range

6.4.1 Overview and Analysis

6.4.2 Singapore Travel Bags Market Revenues & Volume, By Premium Range, 2020-2030F

6.4.3 Singapore Travel Bags Market Revenues & Volume, By Medium Range, 2020-2030F

6.4.4 Singapore Travel Bags Market Revenues & Volume, By Low Range, 2020-2030F

7 Singapore Travel Bags Market Import-Export Trade Statistics

7.1 Singapore Travel Bags Market Export to Major Countries

7.2 Singapore Travel Bags Market Imports from Major Countries

8 Singapore Travel Bags Market Key Performance Indicators

9 Singapore Travel Bags Market - Opportunity Assessment

9.1 Singapore Travel Bags Market Opportunity Assessment, By Material Types, 2020 & 2030F

9.2 Singapore Travel Bags Market Opportunity Assessment, By Product Types, 2020 & 2030F

9.3 Singapore Travel Bags Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

9.4 Singapore Travel Bags Market Opportunity Assessment, By Price Range, 2020 & 2030F

10 Singapore Travel Bags Market - Competitive Landscape

10.1 Singapore Travel Bags Market Revenue Share, By Companies, 2023

10.2 Singapore Travel Bags Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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