Smart Luggage Market is predicted to reach USD 10.8 billion at a CAGR of 24.50% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Smart Luggage Market”.

The Smart Luggage market is estimated to register a CAGR of 24.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Smart Luggage market— JESK Inc., Samsonite IP Holdings S.AR.L., HORIZN STUDIOS, LugLoc Shop, KABUTO, Tripp Ltd., Delsey S.A., Tumi Inc., RIMOVA, Arlo Skye, and many others.

Smart Luggage Market Highlights

The global smart luggage market is accounted to register a CAGR of 24.50% during the forecast period and is estimated to reach USD 10.8 billion by 2032.

The major factors driving the worldwide smart bag market include rising airline travel and tourism, improvements in product design and quality, and the need for IoT (Internet of things)-based applications. The demand for smart bags is rising along with the increased consumer concern on luggage security. The expansion and penetration of smart luggage may be restricted by its high cost. The customers from lower income classes might not be catered to by the market.

Access full report @ https://www.marketresearchfuture.com/reports/smart-luggage-market-11635

Segment Analysis

The global smart luggage market has been segmented based on product type, luggage connectivity, weight, material and distribution channel.

On the basis of product type, the market is segmented into duffel bags, strollers, travel backpacks, and others. The duffel bags segment was attributed to holding the largest market share in 2022. Due to their sufficient shelf space and improved ability to withstand external pressure

Based on luggage connectivity, the global Smart Luggage market has been segmented into RFID, GPS, Bluetooth, and combination connectivity features. The RFID segment was expected to hold the largest market share in 2022. Due to the fact that using RFID scanning technology at airports is often chosen for security reasons

On the basis of weight, the market is segmented into soft luggage and hard luggage. The hard luggage segment was attributed to holding the largest market share in 2022. Due to the fact that hard luggage is more resilient to outside forces.

On the basis of material, the market is segmented into nylon, leather, canvas, plastic, and others. The nylon segment was attributed to holding the largest market share in 2022. Due to the nylon material's greater capacity to absorb water, which keeps suitcase contents dry

On the basis of distribution channel, the market is segmented into specialty stores, online stores, brand stores, and others. The specialty stores segment was attributed to holding the largest market share in 2022. because these businesses have a large selection of branded backpacks and travel gear.

Regional Analysis

The global Smart Luggage market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Smart Luggage market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Smart Luggage market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Smart Luggage market comprises of Middle East, Africa, and Latin America.

The largest market share for Smart Luggage was maintained by the North American regional sector. The market for smart bags in North America has expanded quickly as these bags—which feature creative designs, current color schemes, plush materials, and sleek, angular lines—become more and more of a fashion accessory. The population of nations like the United States has a greater adoption rate of technology-enabled items, which accounts for the largest share of the North America area. The market is expanding as a result of the region's growing consumption of travel-related products.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Smart Luggage is driven by the product's simplicity of availability is a major factor driving the growth of the smart bag industry. When a range of brands are accessible, consumers are more likely to buy smart bags from branded retailers.

Additionally, the good governmental support for the development of tourism in various nations is responsible for the quickest growth of the global smart baggage market in the Asia Pacific region. which fuel the region's need for fashionable travel bags. The market for smart bags may expand at the quickest rate in the Asia Pacific region, according to the report India Unbound Tourism, Unlocking the Opportunity. This is because more governments are supporting policies.

Furthermore, the rest of the world's Smart Luggage market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use of smart bags is rising along with the increased consumer. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global Smart Luggage market is expected to reach USD 10.8 billion by 2032, at a CAGR of 24.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing growth of the global smart baggage market in the Asia Pacific region.


• Based on weight, the hard luggage segment was attributed to holding the largest market share in 2022.


• JESK Inc., Samsonite IP Holdings S.AR.L., HORIZN STUDIOS, LugLoc Shop, KABUTO, Tripp Ltd., Delsey S.A., Tumi Inc., RIMOVA, Arlo Skye, and many others.