Smart Luggage Market By Technology Type (Connectivity, Sim Card, USB Charging, And Other); By Material Type (Hard Side, Soft Side); By Distribution Channel (Online, Offline); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Smart Luggage Market Overview

The global smart luggage market size was valued at around USD 2.8 billion in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 9.9% from 2022 to 2032.The market size is projected to succeed in USD 7.2 billion by 2032.

The Smart Luggage Market is expected to mask a CAGR of 9.9% during the projected period.The term smart luggage is mainly used for smart bags and suitcases equipped with random connectivity technologies (such as Wi-Fi, SIM cards, GPS, Bluetooth, RFID (radio frequency identification)), built-in batteries, digital scaling and others. The aim of the technology not just to add an ordinary feature to the luggage. Now smart bags are equipped with technologies in order to make them more user friendly & safer in practical applications. Apart from this, the luggage companies are installing other potential technologies and features into their luggage products to stay ahead the market competition.

Growth Drivers and Restraints

In this digital era, increase in adoption of smart technology are boosting the market growth of smart luggage. In terms of technology, the IOT (Internet of Things) technology captured the largest market share in luggage industry. As these IOT technologies are more secure in comparison to other technologies. This increasing concern among user towards their luggage security is one of the major factors that are positively influencing the growth of IOT based smart luggage market.

Additionally, increasing airline travel and tourism, are the major factors that have contributed to the growth of the smart luggage market. Innovations in product design & quality, growing demand for IOT based technologies and consumer shift towards leisure lifestyle are forcing organization to focus on embedding the technology features into their traditional luggage. Region wise the North America holds majority share in the smart luggage market and is expected to secure its position during forecast period. As adoption rate of technologically advanced products and product design innovation rate in North American countries is strong as compare to other countries, so this factor is likely to drive the growth of the North America smart luggage market in coming years. However, high cost and low adoption rate in under developed countries are major constraints for the growth of Smart Luggage Market.

Smart Luggage Market Segmentation

The research offers a comprehensive analysis of smart luggage market with respect to following sub-markets:

By Technology Type

- Connectivity
- - - WI-FI
- - - GPS
- - - RFID
- - - Bluetooth
- - - Others
- Sim Card
- USB Charging
- Other

By Material Type

- Hard Side
- Soft Side

By Distribution Channel

- Online
- Offline

By Geography

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive landscape

The report profiles various major market players such as,

- DELSEY Paris
- Samsonite
- AWAY
- Trunkster
- Other Prominent Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as technology information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in smart luggage market.

Timeline Considered for Analysis:

- 2021: Base Year

- 2022: Estimated Year

- 2022 to 2032: Forecasted Year

Research Scope and Deliverables

Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the smart luggage market by the following segments:

- By Technology Type
- By Material Type
- By Distribution Type

Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Smart Luggage Market Industry Report

- What is the overall market size in 2021? What will be the market growth during the forecast period i.e. 2022-2032?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Smart Luggage Market
3. Global Smart Luggage Market Trends
4. Opportunities in Global Smart Luggage Market
5. Recent Technology Type Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Smart Luggage Market Size (USD Million), Growth Analysis and Forecast, (2019-2025)

9. Global Smart Luggage Market Segmentation Analysis, By Technology Type
9.1. Introduction
9.2. Market Attractiveness, By Technology Type
9.3. BPS Analysis, By Technology Type
9.4. Connectivity (WI-FI, GPS, RFID, Bluetooth, Others)
9.5. Sim Card
9.6. USB Charging
9.7. Other

10. Global Smart Luggage Market Segmentation Analysis, By Material Type
10.1. Introduction
10.2. Market Attractiveness, By Material Type
10.3. BPS Analysis, By Material Type
10.4. Hard Side
10.5. Soft Side

11. Global Smart Luggage Market Segmentation Analysis, By Distribution Channel
11.1. Introduction
11.2. Market Attractiveness, By Distribution Channel
11.3. BPS Analysis, By Distribution Channel
11.4. Online
11.5. Offline

12. Geographical Analysis
12.1. Introduction
12.2. North America Smart Luggage Market Size (USD Million) & Volume, 2019-2025
12.2.1. By Technology Type
12.2.2. By Material Type
12.2.3. By Distribution Channel
12.2.4. By Country
12.2.4.1. Market Attractiveness, By Material Type
12.2.4.2. BPS Analysis, By Material Type
12.2.4.3. U.S. Market Size (USD Million) 2019-2025
12.2.4.4. Canada Market Size (USD Million 2019-2025

12.3. Europe Smart Luggage Market Size (USD Million) & Volume, 2019-2025
12.3.1. By Technology Type
12.3.2. By Material Type
12.3.3. By Distribution Channel
12.3.4. By Country
12.3.4.1. Market Attractiveness, By Country
12.3.4.2. BPS Analysis, By Country
12.3.4.3. Germany Market Size (USD Million) 2019-2025
12.3.4.4. United Kingdom Market Size (USD Million) 2019-2025
12.3.4.5. France Market Size (USD Million) 2019-2025
12.3.4.6. Italy Market Size (USD Million) 2019-2025
12.3.4.7. Spain Market Size (USD Million) 2019-2025
12.3.4.8. Russia Market Size (USD Million) 2019-2025
12.3.4.9. Rest of Europe Market Size (USD Million) 2019-2025

12.4. Asia Pacific Smart Luggage Market Size (USD Million), 2019-2025
12.4.1. By Technology Type
12.4.2. By Material Type
12.4.3. By Distribution Channel
12.4.4. By Country
12.4.4.1. Market Attractiveness, By Country
12.4.4.2. BPS Analysis, By Country
12.4.4.3. China Market Size (USD Million) 2019-2025
12.4.4.4. India Market Size (USD Million) 2019-2025
12.4.4.5. Japan Market Size (USD Million) 2019-2025
12.4.4.6. South Korea Market Size (USD Million) 2019-2025
12.4.4.7. Indonesia Market Size (USD Million) 2019-2025
12.4.4.8. Taiwan Market Size (USD Million) 2019-2025
12.4.4.9. Australia Market Size (USD Million) 2019-2025
12.4.4.10. New Zealand Market Size (USD Million, 2019-2025
12.4.4.11. Rest of Asia Pacific Market Size (USD Million) 2019-2025

12.5. Latin America Smart Luggage Market Size (USD Million) 2019-2025
12.5.1. By Technology Type
12.5.2. By Material Type
12.5.3. By Distribution Channel
12.5.4. By Country
12.5.4.1. Market Attractiveness, By Country
12.5.4.2. BPS Analysis, By Country
12.5.4.3. Brazil Market Size (USD Million) 2019-2025
12.5.4.4. Mexico Market Size (USD Million) 2019-2025
12.5.4.5. Rest of Latin America Market Size (USD Million, 2019-2025

12.6. Middle East & Africa Smart Luggage Market Size (USD Million) 2019-2025
12.6.1. By Technology Type
12.6.2. By Material Type
12.6.3. By Distribution Channel
12.6.4. By Geography
12.6.4.1. Market Attractiveness, By Geography
12.6.4.2. BPS Analysis, By Geography
12.6.4.3. GCC Market Size (USD Million) 2019-2025
12.6.4.4. North Africa Market Size (USD Million) 2019-2025
12.6.4.5. South Africa Market Size (USD Million) 2019-2025
12.6.4.6. Rest of Middle East & Africa Market Size (USD Million) 2019-2025

13. Competitive Landscape
13.1. Market Share of Key Players
13.2. Market Positioning of Major Players in Global Smart Luggage Market
13.3. Company Profiles
13.3.1. DELSEY Paris
13.3.1.1. Product Offered
13.3.1.2. Business Strategy
13.3.1.3. Financials
13.3.1.4. SWOT Analysis
13.3.1.5. Market Share Analysis
13.3.1.6. Key Achievements & Developments
13.3.2. Samsonite
13.3.3. AWAY
13.3.4. Trunkster
13.3.5. Other Major & Niche Players