The Business Research Company’s report on the Sports Luggage Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the sports luggage industry?
The increasing sports participation is expected to propel the growth of the sports luggage market going forward. Sports participation involves individuals engaging in physical activities, either for recreation or competition, across various sports. Increasing sports participation promotes physical health, mental well-being, social interaction, and community building. Increasing sports participation is driven by factors such as rising health awareness, enhanced youth engagement through school and government initiatives, and improved community infrastructure that provides better access to facilities. Sports luggage plays a crucial role in enhancing sports participation by providing athletes with convenient, organized, and secure storage for their equipment, making it easier to transport gear to training sessions, competitions, and events. For instance, in September 2023, according to the National Federation of State High Schools (NFHS), a US-based nonprofit organization, in the 2022-23 school year, a total of 7.85 million participants took part in high school sports, marking an increase of nearly 0.24 million and a rise of over three percent compared to the 2021-22 figures. Furthermore, in July 2023, according to the Bureau of Labor Statistics, a US-based government agency, in 2022, nearly all individuals aged 15 and older participated in sports activities on an average day. Among those involved, men dedicated more time to these activities, averaging 5.8 hours, compared to 5.1 hours for women. Therefore, the increasing sports participation is driving the growth of the sports luggage market.
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What is the estimated market size of the sports luggage sector by 2029, based on current forecasts?
The sports luggage market size has grown strongly in recent years. It will grow from $1.96 billion in 2024 to $2.09 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to the rise in fitness awareness, the rise in adventure tourism, the rise in the number of fitness clubs, the rise in fashion-conscious athletes, and the growth in the adoption of smart luggage.
The sports luggage market size is expected to see strong growth in the next few years. It will grow to $2.68 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising disposable incomes, rising trends of ball sports activities, rising urbanization, rising popularity of e-commerce, and rising penetration of online platforms. Major trends in the forecast period include technological advancements, smart luggage, water-resistant fabrics, multi-purpose bags, and wheeled duffel bags.
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Who are the top players in the sports luggage market?
Major companies operating in the sports luggage market are Nike Inc., Adidas AG, Under Armour Inc., The North Face Inc., ASICS Corporation, Columbia Sportswear Company, Mizuno Corporation, Quiksilver Inc., Patagonia Inc., Eastpak Inc., Herschel Supply Co., Osprey Packs Inc., High Sierra Sport Company, BAGGU Inc., Dakine Inc., Roxy Inc., Speedo International Ltd., VINEX Enterprises Pvt. Ltd., Xiamen Sunrise Sports Co. Ltd., Grit Inc.
What are the major trends in the sports luggage market?
Major companies operating in the sports luggage market are focusing on developing innovative products, such as racket bags, to protect and carry equipment and personal items. Racket bags are specialized bags made to store and safeguard sports rackets, along with other gear such as shoes and accessories. For instance, in March 2023, Adidas AG, a Germany-based sportswear company, launched a new collection of padel bags and backpacks designed with both functionality and style in mind. These bags boast innovative features such as advanced moisture-wicking technology to keep gear dry, reinforced compartments for organized storage of rackets, shoes, and accessories, and durable, lightweight materials to ensure comfort and longevity. The ergonomic straps and padded back panels offer optimal support for players, while the sleek, modern design incorporates Adidas’ signature branding and bold color schemes, making them as fashionable as they are practical.
Which geography holds the highest sports luggage market share?
Asia-Pacific was the largest region in the sports luggage market in 2024. The regions covered in the sports luggage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the sports luggage market?
The sports luggage market covered in this report is segmented –
1) By Product: Golf Luggage, Ball Sports Luggage, Racket Sports Luggage, Hockey Luggage, Cricket Luggage, Other Products
2) By Material: Nylon, Polyester, Canvas, Leather
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Stores, Other Distribution Channels
Subsegments:
1) By Golf Luggage: Golf Club Bags, Golf Travel Cases, Golf Shoe Bags, Golf Accessory Bags
2) By Ball Sports Luggage: Soccer Bags, Basketball Bags, Baseball Bags, Volleyball Bags
3) By Racket Sports Luggage: Tennis Bags, Badminton Bags, Squash Bags, Table Tennis Cases
4) By Hockey Luggage: Hockey Stick Bags, Hockey Gear Bags, Goalie Equipment Bags, Hockey Puck Bags
5) By Cricket Luggage: Cricket Kit Bags, Cricket Bat Covers, Cricket Helmet Bags, Cricket Ball Bags
6) By Other Products: Ski And Snowboard Bags, Cycling Gear Bags, Fishing Tackle Bags, Gym And Training Bags
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How is the sports luggage market defined?
Sports luggage refers to a category of travel bags and containers specifically designed to carry sports equipment and gear. It is used for transporting items such as balls, racquets, helmets, pads, shoes, and clothing required for various sports activities.
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