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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.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by P. Smith, Nov 17, 2022

Key insights

Global luggage market value
16bn USD
Luggage and bags market revenue in the U.S.
24.4bn USD
Travel share of luggage market
44.4%
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Editor’s Picks Current statistics on this topic

Backpack market value forecast worldwide from 2018 until 2025 (in billion U.S. dollars)*

Leather Goods & Bags

Global backpack market value forecast from 2018 until 2025

Total revenue of Samsonite worldwide from 2007 to 2021 (in million U.S. dollars)

Leather Goods & Bags

Total revenue of Samsonite worldwide 2007-2021

Luggage market value forecast worldwide from 2017 until 2025 (in billion U.S. dollars)*

Leather Goods & Bags

Global luggage market value forecast from 2017 until 2025

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