Travel bags market seen reaching $29 billion by 2030

The Business Research Company says the global travel bags market is entering a high-growth phase, led by Asia-Pacific and supported by tourism, lightweight materials, and smart luggage features. The report also points to a fragmented competitive field, with Samsonite holding the largest share in 2025.

Why it matters: - Travel bags demand is rising as more people travel for leisure, business, and short trips. - The category is moving toward lighter, more durable, and smarter products, which is reshaping competition. - The market is also being pushed by sustainability trends and stronger consumer interest in multifunctional luggage.

What happened: - The Business Research Company published its Travel Bags Global Market Report 2026, covering market size, trends, and forecasts through 2035. - The report says the global travel bags market is expected to grow at a 7% CAGR through 2030. - The travel bags segment is projected to surpass $29 billion by 2030. - Asia-Pacific is forecast to be the largest regional market by 2030 at $8.6 billion, up from $5.7 billion in 2025. - The U.S. is projected to be the largest country market in 2030 at $7.4 billion, up from $6.0 billion in 2025.

The details: - The market is described as moderately fragmented, with the top 10 companies accounting for 27% of revenue in 2025. - Samsonite International S.A. led the market in 2025 with a 10% share. - Louis Vuitton Moët Hennessy held 6%, while Patagonia Inc. and Hermès International each held 3%. - Longchamp SAS held 2%, Safari Industries India Ltd. held 1%, and Thule Group held 0.4%. - Away Travel Inc. held 0.2%, and Peak Design Inc. and Bellroy Pty Ltd. each held 0.1%. - The report says trolley bags will be the largest product type by 2030, with 43% share or about $13 billion. - Duffle bags, trolley bags, and backpacks are expected to generate more than $8 billion combined by 2030. - Duffle bags and trolley bags are each projected to contribute $3 billion, while backpacks are expected to add $2 billion between 2025 and 2030. - The market is segmented by material into polyester, fabric, leather, and other materials. - Pricing tiers include premium, medium, and low price points. - Distribution runs through both online and offline channels. - Supply chain inputs include chemical and textile suppliers such as Toray Industries, Teijin, Covestro, BASF, DuPont, Eastman Chemical, SABIC, LyondellBasell, Evonik, Huntsman, and YKK. - Major wholesalers and distributors listed in the report include Walmart Global Wholesale, Alibaba Group Holding, Amazon Business, Costco Wholesale, Metro AG, Sysco, Target Business Services, Uline, Grainger, Fastenal, Bunzl, Ferguson, Wesco, Sonepar, Rexel, Avnet, Arrow Electronics, Ingram Micro, Redington, TD SYNNEX, and Bechtle. - The report lists end users and brands including Samsonite, Tumi, VIP Industries, VF Corporation, Briggs & Riley, Delsey Paris, Rimowa, Travelpro, Away, Antler, American Tourister, SwissGear, Hartmann, Eagle Creek, Osprey, Patagonia, The North Face, JanSport, Herschel, Timbuk2, Moncler, Louis Vuitton, Gucci, Prada, and Coach.

Between the lines: - Competitive pressure is likely to rise as brands push lightweight construction, smart features, and premium designs. - Sustainability is becoming a buying factor, with recycled plastics, organic fabrics, and responsibly sourced components gaining traction. - The report estimates tourism growth adds about 1.5% annually to market growth, while innovative designs and advanced materials add about 1.4% annually. - Sustainability trends are estimated to contribute about 0.9% annual growth. - That mix suggests the market is becoming less about basic luggage and more about product differentiation, brand trust, and travel convenience. - In February 2024, WANDRD introduced a transit travel series with versatile compartments, weather-resistant materials, and reinforced zippers for photographers and frequent travelers.

What's next: - Asia-Pacific is expected to remain the growth engine as tourism, low-cost airlines, and retail expansion continue across China, India, Japan, South Korea, and Southeast Asia. - U.S. growth is expected to be steadier, supported by premium demand, business travel, and replacement purchases tied to fashion and function. - Brands are likely to keep investing in smart travel technology, ergonomic design, and sustainable materials. - The report says the 2026 edition adds market attractiveness scoring, TAM analysis, company scoring graphics, Excel-based forecasting dashboards, hotspot infographics, and updated trend analysis. - The Business Research Company says it has published more than 30,000 reports across 27 industries and 60 geographies, using 1,500,000 datasets and industry interviews.