Global backpack market value forecast from 2022 until 2030
The global backpack market was estimated to be worth around 15.9 billion U.S. dollars in 2022. The market was forecast to grow over the following years, almost doubling in value by 2030. Backpacks are also commonly referred to as rucksacks or knapsacks. Backpacks fall within the bags and luggage industry.
Bags and luggage market
Baggage or luggage consists of bags, cases, and containers which hold a person’s articles while they travel. Bags and luggage can be broken down into many different classifications, for example travel, casual, and business. Other segments such as smart luggage, sports luggage, anti-theft luggage, and backpacks are all part of the global bags and luggage market. Samsonite International SA, one of the world’s largest travel goods companies, generates billions of U.S. dollars in revenues each year, which shows the lucrative nature of this market. The United States was the leading luggage and baggage market in the world as of 2023. U.S. revenues are far greater than those of China and India, which are the next biggest markets in terms of revenue.
Bags and luggage market
Baggage or luggage consists of bags, cases, and containers which hold a person’s articles while they travel. Bags and luggage can be broken down into many different classifications, for example travel, casual, and business. Other segments such as smart luggage, sports luggage, anti-theft luggage, and backpacks are all part of the global bags and luggage market. Samsonite International SA, one of the world’s largest travel goods companies, generates billions of U.S. dollars in revenues each year, which shows the lucrative nature of this market. The United States was the leading luggage and baggage market in the world as of 2023. U.S. revenues are far greater than those of China and India, which are the next biggest markets in terms of revenue.
