Global bags and luggage market value from 2021 until 2027

Bags and luggage market value forecast worldwide from 2021 to 2027

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Release date

May 2023



Survey time period


Supplementary notes

Bags and luggage, as defined by Euromonitor, includes handbags, backpacks, business bags, crossbody bags, duffel bags and cases which serve common everyday purposes or specific functions during travel, sports or formal occasions. Sports equipment bags, such as golf, tennis and bowling, insulated food and beverage bags and musical instrument cases are excluded.
This Statista estimate is based on the 2023 value and the compound annual growth rate until 2027 of 6.3%, which were provided by the source. An exponential development of the value was assumed. The values for 2021 to 2023 were provided by the source.

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