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World - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Dec 6, 2023

World Best Import Markets for Luggage

When it comes to luggage, the global import market is thriving with numerous countries contributing to its growth. In this article, we will explore the top import markets for luggage and provide key statistics and numbers to give you a comprehensive understanding of the industry. The data utilized for this article is sourced from the IndexBox market intelligence platform, a reputable and reliable source.

1. United States - The Leading Importer of Luggage

The United States takes the top spot on the list of world's best import markets for luggage with an import value of $6.3 billion in 2022. This significant figure showcases the country's high demand for luggage products. The U.S. market is known for its diverse consumer base, who have a penchant for travel and adventure, making it a lucrative market for luggage manufacturers worldwide.

2. China - A Powerful Player in the Luggage Industry

China follows closely behind the United States with an import value of $4.6 billion in 2022. The Chinese market's immense size and its growing middle class have contributed to the surge in demand for travel products such as luggage. Furthermore, Chinese travelers, both domestically and internationally, have significantly increased in recent years, fueling the need for quality luggage.

3. France - A Fashion Capital and Luggage Import Hub

A notable contender in the luggage import market is France, with a total import value of $3.0 billion in 2022. France's reputation as a fashion capital extends to its demand for stylish and high-quality luggage. French consumers appreciate the aesthetic aspects of luggage and are willing to invest in premium products.

4. South Korea - A Rising Star in the Luggage Industry

South Korea has emerged as a lucrative market for luggage imports, with an import value of $2.5 billion in 2022. The rising popularity of K-pop and Korean dramas has made South Korea a desirable travel destination. The increasing number of international travelers visiting the country has subsequently boosted the demand for luggage.

5. Italy - Known for Craftsmanship and Elegance in Luggage

Italy is renowned for its craftsmanship and elegance, and this reputation extends to its luggage industry. With an import value of $2.3 billion in 2022, Italy holds a significant position in the global luggage market. Italian luggage brands are celebrated worldwide for their attention to detail, quality materials, and timeless designs, attracting consumers who appreciate luxury and style.

6. Hong Kong SAR - A Center for International Trade

Hong Kong SAR also accounts for a substantial import market for luggage, with an import value of $2.2 billion in 2022. As a major global financial center and free port, Hong Kong serves as a hub for international trade. Its convenient location, advanced logistics infrastructure, and extensive network of suppliers make it an ideal market for luggage imports.

7. Germany - An Import Leader in Europe

Germany, as the economic powerhouse of Europe, holds a prominent position in the global luggage import market. With an import value of $1.8 billion in 2022, the country represents a significant opportunity for luggage manufacturers. German consumers value durability, functionality, and innovation in their luggage choices, making it an attractive market for both mass-market and niche luggage brands.

8. United Kingdom - A Fashion-Conscious Market for Luggage

The United Kingdom, known for its fashion-conscious consumers, presents a favorable import market for luggage. With an import value of $1.8 billion in 2022, the country showcases a strong demand for both traditional and trendy luggage options. British consumers prioritize both style and functionality when choosing their travel companions, providing opportunities for luggage manufacturers to cater to varied preferences.

9. Singapore - A Thriving Travel Hub Fuels Demand for Luggage

Singapore, as a prominent travel hub in Southeast Asia, boasts an import value of $1.5 billion in 2022. The country's strategic location and well-established transport connections attract travelers from around the world. As a result, the demand for luggage in Singapore remains consistently high, ensuring a healthy market for foreign luggage manufacturers.

10. United Arab Emirates - A Growing Market for Luxury Luggage

The United Arab Emirates (UAE) completes the list with an import value of $1.3 billion in 2022. The UAE's rapid urban development, strong tourism industry, and high purchasing power have contributed to the rising demand for luxury luggage. The discerning consumers in the UAE seek premium products that reflect their affluent lifestyles and aspirations.

In conclusion, the luggage import market is thriving globally, with several countries leading the way. The United States, China, France, South Korea, Italy, Hong Kong SAR, Germany, the United Kingdom, Singapore, and the United Arab Emirates are among the top import markets for luggage. Understanding the key players and their import values allows manufacturers and exporters to identify lucrative opportunities in these countries and tailor their strategies accordingly.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global luggage market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 15121210 - Trunks, suitcases, vanity cases, briefcases, school satchels and similar containers of leather, composition leather, patent leather, plastics, textile materials, aluminium or other materials
  • Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
  • Prodcom 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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