The Worldwide Luggage & Travel Bags Industry is Projected to Reach $35 Billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Luggage & Travel Bags Market Intelligence Report – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The Global Luggage & Travel Bags Market is projected to reach USD 35.31 billion by 2027 from USD 24.57 billion in 2021, at a CAGR 6.22% during the forecast period.

The report provides market sizing and forecast across 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

• The Americas Luggage & Travel Bags Market size was estimated at USD 7,016.69 million in 2021, is expected to reach USD 7,345.04 million in 2022, and is projected to grow at a CAGR of 6.01% to reach USD 9,964.52 million by 2027.

• The Asia-Pacific Luggage & Travel Bags Market size was estimated at USD 8,141.05 million in 2021, is expected to reach USD 8,661.73 million in 2022, and is projected to grow at a CAGR of 6.58% to reach USD 11,936.56 million by 2027.

• The Europe, Middle East & Africa Luggage & Travel Bags Market size was estimated at USD 9,420.95 million in 2021, is expected to reach USD 9,875.25 million in 2022, and is projected to grow at a CAGR of 6.06% to reach USD 13,414.96 million by 2027.

Market Segmentation & Coverage:

The report on luggage & travel bags identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group’s economies and geographies can help gain business acumen for better strategic decision-making.

This market coverage across different industry verticals reveals the hidden truth about the players’ strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the luggage & travel bags to forecast the revenues and analyze the trends in each of the following sub-markets:

Type:

• Carry-Ons

• Garment Bags

• Kids’ Luggage

• Luggage Sets

• Suitcases

Product:

• Business Bags

• Casual Bags

• Travel Bags

Distribution Channel:

• Factory Outlets

• Internet Sales

• Specialist Retailers

Region:

• Americas

  • Argentina

  • Brazil

  • Canada

  • Colombia

  • Mexico

  • United States

• Asia-Pacific

  • Australia

  • China

  • India

  • Indonesia

  • Japan

  • Malaysia

  • Philippines

  • Singapore

  • South Korea

  • Taiwan

  • Thailand

• Europe, Middle East & Africa

  • France

  • Germany

  • Italy

  • Netherlands

  • Qatar

  • Russia

  • Saudi Arabia

  • South Africa

  • Spain

  • United Arab Emirates

  • United Kingdom

Company Usability Profiles:

• ACE Co., Ltd.

• adidas AG

• Carlton

• Delsey S.A.

• Deuter Sports Ltd

• Emblem Luggage

• Kering SA

• LVMH Should Hennessy Louis Vuitton SE

• Nappa Dori Private Limited

• Nike, Inc.

• Safari, Inc.

• Samsonite International S.A.

• Timbuk2 Designs, Inc.

• Tommy Hilfiger B.V.

• Totto

• Travelpro Products, Inc.

• VIP Industries Limited

• Wildcraft India Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/i02kr