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The Australia luggage market size was valued at USD 249.05 million in 2023. The market is further projected to grow at a CAGR of 7.6% between 2024 and 2032, reaching a value of USD 490.90 million by 2032.
The growth of the luggage market is primarily driven by several key factors. Firstly, the expanding travel and tourism industry in the country, coupled with rising urbanisation rates, contributes significantly to the market's expansion. Secondly, the increasing demand for luggage products due to lifestyle changes, population migration, and the growth of online shopping further fuels Australia luggage market growth.
In Australia, innovations in luggage design and features, including smart luggage with connectivity and advanced functionalities, are significant trends shaping the luggage market and improving user experience. An example of this trend is showcased by Samsara Luggage, a global brand that integrates IoT technology and innovative design with quality materials to transform the luggage industry. Samsara's smart luggage offers features like IoT tracking, Wi-Fi hotspot technology, portable wireless charging docks, and enhanced security measures like real-time notifications and built-in combination locks.
Moreover, consumers' increasing inclination towards luxury and designer travel bags as they offer a sense of luxury, is a significant trend driving demand for premium priced luggage. Also, the adoption of sustainable production practices and the introduction of eco-friendly luggage made from recycled materials are trends reflecting consumers' growing environmental consciousness and influencing purchasing decisions. For instance, brands like Samsonite and Patagonia offer eco-conscious luggage options that utilise post-consumer recycled materials like plastic bottles and recycled polyester.
Among types of luggage, smart luggage is dominating the Australia luggage market share as they help in enhancing convenience and security for modern travellers, being equipped with technology features like GPS tracking, USB charging ports, and digital locks. Meanwhile, travel bags designed for leisure and business travel offers features like durability, security, and convenience for travellers.
Specialised sports bags and backpacks designed for athletes and sports enthusiasts provide functionality, durability, and compartments for sports equipment and gear. Business bags and briefcases, on the other hand, are tailored for professionals. They offer style and functionality for carrying work essentials.
Australia Luggage Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Price Range
Market Breakup by Form
Market Breakup by Distribution Channel
Market Breakup by Region
Market players are adapting to the evolving needs of modern travellers by providing connectivity, security solutions, and cutting-edge technology to enhance the overall travel experience.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Price Range |
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Breakup by Form |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 249.05 million.
The luggage market in Australia is expected to grow at a CAGR of 7.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 490.90 million by 2032.
The market is being driven due to technological advancements and innovations in luggage design and materials, the rise in disposable income, and changing consumer preferences towards luxury and designer luggage.
The key trends aiding the luggage market expansion include the growing demand for smart luggage, surge in online advertising, shift towards eco-friendly materials, and adoption of innovative designs and features to meet evolving fashion trends and customer preferences.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on price range, the market segmentations include low, medium, and premium range.
Travel, sports, and business luggage are considered in the report.
Key players in the market are Samsonite Australia Pty Ltd., RIMOWA Australia Pty Ltd., Monte & Coe, July & Co Pty Ltd., Heys Australia PTY Ltd., Ella Maiden, and The Australian Luggage Co., among others.
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Australia
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United States (Head Office)
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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