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Baggage Statistics [2024]: Client, Product & Progress Information


Extra persons are touring than ever earlier than, and, regardless of COVID-19 setbacks, the journey business as an entire has been rising quickly over the previous decade. Baggage isn’t any exception to that.

Within the wake of COVID-19 and the emergence of a bunch of startup baggage manufacturers, the market is frequently altering. Listed below are the important thing statistics for understanding the baggage market.

US Baggage Retail Gross sales Over Time

From 2010 to 2019, US baggage retail gross sales elevated by almost 130% in line with Statista. This progress was pushed by extra individuals touring mixed with innovation within the business and extra centered advertising and marketing on-line and in social media.

The chart and desk under present the full retail gross sales for baggage within the US from 2010 to 2021.

US Baggage Retail Gross sales

12 months

Billion USD

2010

$16.8
2011

$19.7

2012

$22.2

2013

$28.2

2014

$32.0

2015

$30.0

2016

$30.2

2017

$32.5
2018

$37.5

2019

$38.4

2020

$15.6

2021

$32.5

From 2019 to 2020, COVID journey bans prompted a 59% drop in US baggage retail gross sales. By 2021, baggage gross sales had returned to 85% of pre-pandemic ranges in the USA.

World Baggage Market Measurement Forecast

In 2022, the worldwide baggage market was valued at $17.6 Billion, in line with Statista.

The chart under exhibits the previous and forecasted progress of the baggage market worldwide, from 2017 to 2025.

World Baggage Market Measurement Forecast

12 months

Billion USD

2017

$19.7
2018

$22.0

2019

$22.9

2020

$15.3

2021

$16.2

2022

$17.6
2023

$20.2

2024

$23.1
2025

$24.6

Whereas the worldwide baggage market was nonetheless far under pre-pandemic ranges in 2022, it’s anticipated to surpass these ranges by the tip of 2024. From 2019 to 2029, researchers at Mordor Intelligence predict a 7.2% compound annual progress charge within the baggage business.

Extra persons are touring all over the world, and we are able to solely anticipate that development to proceed. That’s excellent news for each established baggage manufacturers and newer startups within the enterprise.

Within the years and months main as much as COVID-19, a number of new manufacturers emerged within the baggage and journey gear area.

Whereas the pandemic was a difficult time for brand spanking new journey manufacturers, those who did handle to outlive (Beis, Monos, July, and others) will possible expertise vital progress within the coming years as the baggage business as an entire continues to develop quickly.

Baggage Search Curiosity by Month

Whereas the seasonal tendencies in baggage gross sales and search curiosity usually are not as hanging as for backpacks (that are most in demand at “back-to-school” season), there undoubtedly are yearly-repeating patterns.

The desk under exhibits US search curiosity within the time period “baggage” by month from January 2021 to December 2023 in line with Google Tendencies.

The sample within the chart above exhibits that yearly there are two spikes in search curiosity for baggage.

The primary is a gradual ramp-up via the spring that peaks in July. Summer season is the season that universally sees probably the most journey, and this development displays that. As college summer season holidays begin, persons are searching for baggage to gear up for journeys.

The second spike is within the vacation season, particularly Black Friday Weekend. That is probably the most worthwhile time of yr for a lot of client items industries, so it’s no shock that persons are extra fascinated by baggage throughout this time.

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