Global Leather Expandable Travel Bag Market Size To Exceed USD 12.89 Billion By 2033 | CAGR Of 4.76%
Category: Consumer GoodsGlobal Leather Expandable Travel Bag Market Size To Exceed USD 12.89 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Leather Expandable Travel Bag Market Size is expected to Grow from USD 8.1 Billion in 2023 to USD 12.89 Billion by 2033, at a CAGR of 4.76% during the forecast period 2023-2033.
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Browse key industry insights spread across 220 pages with 100 Market data tables and figures & charts from the report on the “Global Leather Expandable Travel Bag Market Size, Share, and COVID-19 Impact Analysis By Product Type (Carry-On, Duffel, Garment, and Others), By Material (Full-Grain Leather, Top-Grain Leather, Genuine Leather, and Bonded Leather), By End-User (Men, Women, and Unisex), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/leather-expandable-travel-bag-market
The leather expandable travel bag market refers to a strong and fashionable piece of luggage made of leather. It has an adjustable design with expandable sections, perfect for adding extra items while traveling. Ideal for short holidays or business travel, it is both elegant and convenient, providing functionality and a high-end look for frequent or occasional travellers. The increasing trend towards sustainable and ethical consumerism is opening up new opportunities in the Leather Expandable Travel Bag industry. Consumers are increasingly looking towards brands that give importance to sustainability and ethical procurement. Brands that implement eco-friendly processes in manufacturing leather products have the potential to grab a good market share. For example, vegetable-tanned leather or the use of recycled materials can be attractive to eco-friendly consumers. Furthermore, the growth of e-commerce has served to help brands reach more people, particularly in areas where physical retail might not be as available. Utilizing online mediums for direct-to-consumer sales can be revolutionary. However, the emergence of alternatives like synthetic materials and intelligent travel bags requires brands to keep reinventing and modifying their products constantly to catch up with changing consumer needs.
The duffle segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on product type, the leather expandable travel bag market is segmented into carry-on, duffel, garment, and others. Among these, the duffle segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to the flexibility of the duffel bags means they can be quickly stowed away when not being used, which enhances their convenience.
The top gain accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on material, the global leather expandable travel bag market is divided into full-grain leather, top-grain leather, genuine leather, and bonded leather. Among these, the top-gain segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by they provide excellent durability and a sophisticated appearance, but at a lower cost than full-grain leather, so it is appealing to a wider audience.
The men’s growers segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on end-user, the global leather expandable travel bag market is categorized into men, women, and unisex. Among these, the men's segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to there is higher demand for strong, fashionable, and professional travel bags, particularly from business travelers who require premium and useful products.
North America is expected to hold the majority share of the global leather expandable travel bag market during the forecast period.
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North America is expected to hold the majority share of the global leather expandable travel bag market during the forecast period. North Americans, particularly those in the U.S. and Canada, travel greatly for business and recreation purposes, creating high demand for high-quality travel accessories. Furthermore, luxury, long-lasting, and branded travel accessories, particularly genuine leather-made ones, are in high demand.
Asia-Pacific is anticipated to grow at the fastest pace in the global leather expandable travel bag market during the forecast period. The market is driven by the increasing adoption of online purchasing and the growth in the use of social media to influence consumption patterns are key drivers of the market's expansion in this region.
Major vendors in the global leather expandable travel bag market are Samsonite, Tumi Holdings, Inc., Louis Vuitton, Prada S.p.A., Gucci, Rimowa GmbH, Delsey, Eagle Creek, Antler Ltd., Away, Fossil Group, Inc., Tommy Hilfiger, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In March 2025, Stoney Clover Lane launched a new category expansion. The 16-year-old travel accessories brand. Its first leather collection, the brand's foray into the luxury space with products priced higher than its usual nylon styles.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the leather expandable travel bag market based on the below-mentioned segments:
Global Leather Expandable Travel Bag Market, By Product Type
- Carry-On
- Duffel
- Garment
- Others
Global Leather Expandable Travel Bag Market, By Material
- Full-Grain Leather
- Top-Grain Leather
- Genuine Leather
- Bonded Leather
Global Leather Expandable Travel Bag Market, By End-User
- Men
- Women
- Unisex
Global Leather Expandable Travel Bag Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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