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Luggage market worldwide - statistics & facts

Luggage retail is a very important market throughout the world. Baggage or luggage consists of bags, cases, and containers which hold a traveler's articles while the traveler or passenger is traveling. Luggage has changed a lot over time. Historically, the most common types of luggage were chests or trunks made of wood or other heavy materials. Today's consumer may have a range of bags and cases containing clothing, toiletries, small possessions, trip necessities, and on the return-trip, souvenirs. In 2020, the luggage market was valued at approximately 16 billion U.S. dollars worldwide decreasing from 22 billion dollars in the previous year as a result of the COVID-19 pandemic.

Global market overview

Markets such as sports luggage, anti-theft luggage, and backpacks are part of the global luggage market. The global backpack market was estimated to be worth around 13.9 billion U.S. dollars in 2020 decreasing from 17.3 billion U.S. dollars in the previous year, due to ongoing travel disruptions and various waves of COVID-19 forcing many markets to impose lockdowns. Backpacks fall within the bags and luggage industry. The global luggage market is projected to grow by 8.6 percent (cagr) between 2021 to 2025. During that period, the compound annual growth rate of backpack luggage retail market was estimated at 7.3 percent.

Samsonite

Samsonite, one of the largest luggage companies in the world, makes the majority of its sales through its travel products. Samsonite generated about 3.64 billion U.S. dollars in total revenue in 2019. Samsonite's global revenue in 2020 was down to about 1.54 billion U.S. dollars. In 2020, 39.2 percent of Samsonite's sales were generated in North America.

U.S. luggage market

In terms of individual countries, the United States has the largest luggage and bags market with revenues of nearly 28 billion U.S. dollars. In 2020, U.S. retail sales of luggage declined significantly during the coronavirus pandemic at about 1.56 billion U.S. dollars, down from 3.87 billion U.S. dollars in the previous year.

Key figures

The most important key figures provide you with a compact summary of the topic of "Luggage market worldwide" and take you straight to the corresponding statistics.

Luggage Retail Sales, by Region

Samsonite

Interesting statistics

In the following 4 chapters, you will quickly find the 22 most important statistics relating to "Luggage market worldwide".

Luggage market worldwide

Dossier on the topic

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Luggage market worldwide - statistics & facts

Luggage retail is a very important market throughout the world. Baggage or luggage consists of bags, cases, and containers which hold a traveler's articles while the traveler or passenger is traveling. Luggage has changed a lot over time. Historically, the most common types of luggage were chests or trunks made of wood or other heavy materials. Today's consumer may have a range of bags and cases containing clothing, toiletries, small possessions, trip necessities, and on the return-trip, souvenirs. In 2020, the luggage market was valued at approximately 16 billion U.S. dollars worldwide decreasing from 22 billion dollars in the previous year as a result of the COVID-19 pandemic.

Global market overview

Markets such as sports luggage, anti-theft luggage, and backpacks are part of the global luggage market. The global backpack market was estimated to be worth around 13.9 billion U.S. dollars in 2020 decreasing from 17.3 billion U.S. dollars in the previous year, due to ongoing travel disruptions and various waves of COVID-19 forcing many markets to impose lockdowns. Backpacks fall within the bags and luggage industry. The global luggage market is projected to grow by 8.6 percent (cagr) between 2021 to 2025. During that period, the compound annual growth rate of backpack luggage retail market was estimated at 7.3 percent.

Samsonite

Samsonite, one of the largest luggage companies in the world, makes the majority of its sales through its travel products. Samsonite generated about 3.64 billion U.S. dollars in total revenue in 2019. Samsonite's global revenue in 2020 was down to about 1.54 billion U.S. dollars. In 2020, 39.2 percent of Samsonite's sales were generated in North America.

U.S. luggage market

In terms of individual countries, the United States has the largest luggage and bags market with revenues of nearly 28 billion U.S. dollars. In 2020, U.S. retail sales of luggage declined significantly during the coronavirus pandemic at about 1.56 billion U.S. dollars, down from 3.87 billion U.S. dollars in the previous year.

Interesting statistics

In the following 4 chapters, you will quickly find the 22 most important statistics relating to "Luggage market worldwide".

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