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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. Since the Second World War and with advances in and accessibility to air travel, smaller and more lightweight suitcases and bags, that can be carried by an individual, have become the main form of luggage. 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 2019, the global luggage market was valued at approximately 22.11 billion U.S. dollars.

Markets such as sports luggage, anti-theft luggage, and backpacks are part of the global luggage market. In 2019, the sports luggage market was valued at an estimated 2.1 billion U.S. dollars; the anti theft luggage market was worth around 3.9 billion U.S. dollars. The backpack market was forecast to reach a market size of 22.48 billion U.S. dollars by 2023. In fact, the luggage market is often split into three segments: travel luggage; casual luggage; and business luggage. Samsonite, one of the largest luggage companies in the world, makes the majority of its sales through its travel products. Samsonite generated about 3.7 billion U.S. dollars in total revenue in 2018. In terms of individual countries, the United States has the largest luggage and bags market with revenues of approximately 27.5 billion U.S. dollars.

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Luggage market worldwide

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Luggage Retail Sales, by Region

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