
Report ID: SQMIG25K2118
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to smart luggage market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Smart Luggage Market size was valued at USD 2.01 Billion in 2023 and is poised to grow from USD 2.24 Billion in 2024 to USD 5.28 Billion by 2032, growing at a CAGR of 11.3% in the forecast period (2025-2032).
Major players that specialize in omni-channel distribution and product innovation have partly fragmented the smart luggage market. ForwardX is an expert in AI-powered mobility, Away focuses on streamlined, app-enabled designs, and Samsonite incorporates biometric locking. Retail growth is being pushed by companies such as July and LEVEL8 in a bid to enhance consumer experiences. To enhance customer lifetime value and loyalty to the brand, strategic partnerships (e.g., airline partnerships and travel alliances) and membership programs for additional services are gaining traction. 'Samsonite International S.A.', 'Away Travel', 'ForwardX Robotics', 'Horizn Studios', 'Travelpro International Inc.', 'DELSEY Paris', 'LEVEL8', 'Tumi Inc. (owned by Samsonite)', 'July (Australia)', 'Samsara Luggage', 'Arlo Skye', 'TraxPack', 'Bluesmart (legacy products still influence the market)', 'Trunkster', 'FUGU Luggage'
Customers are looking increasingly for features enhancing ease of travel as global traveling. Their needs are fulfilled by intelligent baggage with GPS, USB ports for charging, and automatic weighing functionality. Specifically high in demand among millennial and Gen Z travelers are products such as the July Carry-On Pro and Samsara's tracking capabilities.
Surge of Growth Offline Retail Experience: Despite the rise of e-commerce, offline sales generated 64.14% of total revenues in 2024. Owing to consumers' need for the option of touching and testing bags' performance, retailers such as July increased the number of physical stores in Australia. At the end of 2024, more than 50% of high-value sales in India were transacted in-store. The trend reaffirms the relevance of hands-on experience and expert opinion in enabling consumers to decide what to purchase.
How is Smart Luggage Shaping Travel in North America?
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Report ID: SQMIG25K2118
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