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 2017, the global luggage market was valued at approximately 19.4 billion U.S. dollars.

Markets such as sports luggage, anti-theft luggage, and backpacks are part of the global luggage market. In 2016, the sports luggage market was valued at approximately 1.87 billion U.S. dollars; the anti theft luggage market was worth around 2.44 billion U.S. dollars. The backpack market was forecast to reach a market size of 19.6 billion U.S. dollars by 2022. In fact, the luggage market is often split into three segments: travel luggage; casual luggage; and business luggage. As of 2016, travel luggage products held a 44.44 percent share of the overall global luggage market.

Samsonite was the largest luggage company in the world, holding 17.3 percent of the global market as of 2015. Samsonite generated about 3.5 billion U.S. dollars in total revenue in 2017. In terms of individual countries, the United States has the largest luggage and bags market with revenues of approximately 24.4 billion U.S. dollars.

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