Traveling Bags Market 2019-2025
Global Traveling Bags Market is valued at USD 17.43 Million in 2021 and expected to reach USD 27.48 Million by 2028 with a CAGR of 6.72% over the forecast period.
The forecast period 2019-2025 is expected to show significant growth in Global Traveling Bags Market. There will be a new resurgence in the sales and utilisation of Traveling Bags product. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
Consumers are usually traveling for several reasons such as business, office and vacation. Growing fashion trends will continue to dominate the market during the forecast period. While backpacks remain popular among casual travellers, duffle bags, Trolley bag will continue to gain traction among business and leisure travellers. With a growing trend of traveling with compact and lightweight luggage, manufacturers are investing more in the production of high quality, innovative bags.
Along with these leading players, there are number of other small and mid-sized players who are coming with huge investment and innovative product launch in the Traveling Bags industry.
By Bag Type,
By Application/End User
Based in type segment, in 2016, the market of traveling bags was dominated by Backpacks and Trolley bag segment. It accounted for the major shares of the Traveling Bags market. It is due to the significant growth in tourism and travel sector across the world. Increasing number of passenger’s travels coupled with rising disposable incomes are anticipated to drive the Traveling Bags market in coming years.
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