Bags and luggage in South Korea saw divergent performance in 2025, with top-tier luxury brands thriving through investment-grade positioning whilst mid-tier brands struggled amid economic pressures. Luggage posted strongest volume growth, driven by Gen Z consumers' shift towards lightweight synthetic materials. Customisation has emerged as crucial for capturing younger demographics, whilst the Y2K trend revived retro brands.

The bags and luggage market in Singapore grew in 2025, with a retail value of SGD1.9 billion, representing growth of 4%. Growth is being driven by Singapore's status as a global travel hub and its affluent population, fuelling demand for luxury offerings. The market is expected to continue growing, driven by increasing demand for sustainable and tech-integrated products, with a projected CAGR of 6% to SGD2.6 billion by 2030. To succeed in this market, brands should focus on innovative product la

Bags and luggage in the United Arab Emirates is distinguished by an escalating appetite for luxury and premium merchandise, propelled by the burgeoning population of high-net-worth individuals in the nation, which reached 9,900 in 2025. The category is anticipated to normalise throughout the forecast period, with retail sales set to rise by a 5% current value CAGR, to reach AED15 billion by 2030. For optimal market positioning, brands ought to concentrate on refining their existing product portf

Bags and luggage in Switzerland experienced growth in 2025, driven by the recovery of travel and tourism, with retail value sales reaching CHF1.3 billion, representing 2% growth from the previous year. The demand for sustainable and tech-enhanced products is expected to continue driving growth, with retail value sales forecast to grow at a CAGR of 3% to reach CHF1.5 billion by 2030. To succeed in this market, brands should focus on investing in sustainable materials, smart features and digital c

Bags and luggage in Malaysia demonstrated resilience in 2025, with retail sales of MYR6.6 billion, growing by 5%. The market's attractiveness stems from its potential for premium products, driven by a growing number of high-net-worth individuals, expected to reach 9,400 to 2030. Key trends shaping sales include the increasing demand for sustainable and technologically advanced products, with brands like Louis Vuitton and Elala introducing innovative features such as smart luggage with GPS tracki

The bags and luggage market in Brazil demonstrated resilience in 2025, with growth in current value terms driven by demand for quality, design, and sustainability, despite a slowdown in retail volume growth. The rebound of domestic and international travel significantly boosted value sales, with consumers investing in travel-related accessories. The market is expected to continue growing, driven by trends such as travel and tourism, premiumisation, and sustainability. Brands that prioritise inno

The bags and luggage category in South Africa demonstrated resilience in 2025 as value growth increased, driven by market polarisation and the rising popularity of resale and rental platforms. This growth is expected to continue into 2030, driven by increasing demand for affordable and sustainable products. The market's attractiveness is underscored by its fragmentation, with opportunities for brands to innovate and adapt to changing consumer preferences. Key to success will be strategies that b

The bags and luggage market in Italy demonstrated resilience in 2025, with retail value sales increasing by 1%, despite economic uncertainty. This performance was driven by a focus on sustainability and innovation. Market polarisation was also a factor, driving both lower-end and high-end sales, at the expense of mid-range products. At the same time, rebounding outbound and inbound travel and tourism also grew luggage sales in Italy. The market is expected to remain attractive due to the growing

In 2025, bags and luggage in China experienced a decline in value sales growth, primarily due to market polarisation, with consumers increasingly favouring affordable, high-quality options instead of more expensive bags. Luxury luggage brands suffered significant setbacks as consumers became more conservative and savvier in their spending, with many opting to make purchases overseas where prices were lower. In contrast, non-luxury bags and luggage consumption remained stable, driven by the boomi

The bags and luggage market in Indonesia demonstrated resilience in 2025, with 2% growth to IDR17,580.1 billion. This growth was driven by market polarisation and intensifying competition. The market is expected to continue growing, driven by an expanding middle class and Gen Z's growing affinity for stylish and functional products. This growth potential, combined with the influence of local brands and digital commerce, makes the market attractive for businesses. Brands that leverage cultural re

The bags and luggage market in India is experiencing significant growth, driven by rising disposable incomes and increased travel frequency among the growing middle class. With retail volume sales of 203 million units in 2025 and growth of 7%, this market is becoming increasingly attractive. The dominance of bags, and the growing demand for premium and tech-enabled products, are key characteristics of this market. The integration of technology, such as smart luggage features, and the influence o

Bags and luggage in Canada posted low single-digit current value growth in 2025, while volume remained flat, as economic uncertainty and growing resale and rental trends weighed on consumer spending. Nevertheless, the category is set to grow at a 4% CAGR in current value terms over the forecast period, supported by rising demand for luxury and sustainable products. The category is expected to benefit from the expansion of Canada's to rise from high-net-worth individual population 184,000 to in 2

The bags and luggage market in Japan is experiencing significant growth driven by luxury brands and functional products, with a growth rate of 0.9% in retail volume and 6% in retail value in 2025, reaching JPY2,052 billion. This growth can be attributed to polarisation, with affluent consumers gravitating towards luxury brands and mass-market players focusing on functionality and value for money. The category is expected to continue growing, driven by the increasing number of high-net-worth ind

The bags and luggage category in Argentina faced significant challenges in 2025 due to economic recession, resulting in a 12% decline in sales volume to 32 million units. Despite this, retail value grew by 10% in current terms to ARS767.9 billion, indicating price inflation. The category is expected to recover, with a forecast CAGR of 16% over 2025-2030, driven by factors such as eased import regulations, tourism, and an increasing number of high net worth individuals. To succeed, brands should

Bags and luggage in Germany experienced a mixed performance in 2025, with a minor decline in retail volume sales, but positive retail current value growth of 1%, indicating a cautious approach to consumer spending, with a preference for premium products. The category is expected to continue its cautious growth trajectory, driven by consumer preferences for sustainable and premium products, with retail sales forecast to increase at a CAGR of 3% to EUR3,704 million by 2030. There will be opportuni

Bags and luggage in Taiwan saw muted growth in 2025 as economic uncertainty reinforced cautious spending and market polarisation. Bags remained the dominant category, while future demand will be shaped by premiumisation and rising interest in men’s bags. Brands that embed sustainability, drive innovation, and deliver seamless omnichannel experiences are best positioned to succeed.

Bags and luggage in the Philippines demonstrated robust growth in 2025, with a 6% increase in retail value, reaching PHP35.1 billion, driven by rising disposable incomes, increased travel activity, and a growing preference for sustainable and affordable products among younger consumers. The market is expected to continue growing, driven by the forecast growth in high-net-worth individuals (HNWIs) and the expansion of e-commerce. To succeed, brands should focus on sustainability, premiumisation,

The bags and luggage market in France showed resilience in 2025, with growth supported by tourism recovery, steady consumer demand, and the continued dominance of established players. Market dynamics were shaped by sustainability, technology-led innovation, and rising expectations around convenience and value, influencing product development, competition, and retail channels. Looking ahead, moderate growth is expected, with adaptability across products and distribution underpinning competitivene

Bags and luggage in Spain experienced a weaker retail current value growth rate in 2025, along with a continued marginal retail volume decline as consumers remained cautious due to the economic situation. Meanwhile, sales are expected to grow at a retail current value CAGR of 2% over the forecast period, reaching EUR1,794 million in 2030, with retail volumes also expected to return to growth. This will be driven by increasing demand for affordable and practical products. Luggage is expected to c

Bags and luggage demonstrated resilience in Australia in 2025, with 2% growth in value sales to AUD2.3 billion in current terms, driven by the resurgence of travel and tourism, and the increasing demand for premium and functional travel gear. This growth is expected to continue, with an anticipated current value CAGR of 6% over the forecast period, reaching AUD3 billion by 2030. The market's attractiveness is enhanced by the growing demand for eco-friendly and sustainable products, as well as th

Bags and luggage in the UK is characterised by polarisation, with growth concentrated at both the luxury and value-driven ends. In 2025, retail value sales reached GBP4.5 billion, representing 1% growth, despite a decline in retail volume sales. This trend is driven by high-income consumers investing in premium brands and budget-conscious shoppers seeking affordable options. The category is expected to continue growing, driven by demand for sustainable and digital-first products, with a forecast

Bags and luggage in the US is characterised by a complex interplay of factors, including tariffs, supply chain issues, and shifting consumer preferences. In 2025, the category experienced a retail current growth rate of 1% to reach USD37.6 billion, driven primarily by the demand for practical and versatile products such as backpacks and duffel bags. The category is expected to continue growing, with a forecast current value CAGR of 2% to USD41.7 billion by 2030, driven by strong domestic demand

In 2024, Russia’s ongoing invasion of Ukraine severely affected bag and luggage consumption in the country. The war, which began in 2022, has resulted in an economic and demographic crisis. Millions of emigrants, many of whom were well-off former bag and luggage consumers, emigrated to other countries, where they remained in 2024.

In 2024, retail value sales of bags and luggage rose by 8% in Poland, with bags being the best performing category. Poland experienced a significant rise in international travel, particularly over the summer months, driven by competitive pricing from travel agencies and the growing appeal of popular destinations. However, despite this travel surge, luggage sales have unexpectedly slowed down, recording value growth of 2% in 2024 compared to 21% in 2023. Several factors contributed to this trend.