Bags and Containers Industry The global bags and containers market size is expected to reach USD 56.86 billion by 2028, registering a CAGR of 5.6% during the forecast period, according to a new report by Grand View Research, Inc. Consumer’s increased inclination for the fashionable, trendy and lightweight bags designed for travel and tourism propels the bags & containers...

The Smart Luggage Market is experiencing substantial growth, driven by increasing global travel, technological advancements, and consumer demand for connected, secure, and feature-rich luggage solutions. Smart luggage, equipped with GPS tracking, USB charging ports, remote locking systems, and weight sensors, is becoming a preferred choice among modern travelers seeking convenience and...

The global luggage market size is expected to reach USD 61.49 billion in 2030, growing at a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Urbanization and increased disposable income are also contributing to the rising demand for luggage bags. Rapid urbanization and a growing middle class, particularly in developing regions like Asia-Pacific,...

The global anti-theft luggage market is set to experience robust growth over the next decade, driven by increasing security concerns among travelers and advancements in smart luggage technology. As travel resumes post-pandemic, consumers are prioritizing secure and innovative luggage solutions, fueling market expansion. According to DataIntelo’s latest research...

According to a recent report by Grand View Research, Inc., the global luggage market is projected to reach a valuation of USD 61.49 billion by the year 2030, expanding at a compound annual growth rate (CAGR) of 7.1% between 2024 and 2030. This projected growth is attributed to several key factors, including increasing urbanization and a rise in disposable income across various...

The global Anti-Theft Luggage Market is experiencing a robust growth trajectory, driven by rising security concerns among travelers, coupled with the growing demand for smart travel gear. Valued at USD 3.1 billion in 2023, the market is projected to reach USD 6.4 billion by 2032, growing at a CAGR of 8.4% during the forecast period from 2024 to 2032. As global tourism and business travel...

The Global Smart Luggage Market size was accounted for US$ 3 Billion in 2023 and is expected to reach US$ 6.15 Billion in 2031, & is anticipated to reflect a CAGR of 12.19% during the period of 2024-2031. The smart luggage market is experiencing a rapid expansion, fueled by evolving travel behaviors, technological advancements, and a rising demand for seamless connectivity. Innovations such...