U.S.: Luggage Market 2025

Luggage Market Size in the U.S.

The U.S. luggage market stood at $X in 2021, increasing by 9.7% against the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +35.5% against 2015 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Luggage Production in the U.S.

In value terms, luggage production declined notably to $X in 2021. In general, production, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 3,706%. Luggage production peaked at $X in 2020, and then fell dramatically in the following year.

Luggage Exports

Exports from the U.S.

In 2021, shipments abroad of luggage and handbags increased by 24% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, luggage exports surged to $X in 2021. Overall, exports recorded a modest increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for luggage exports from the United States, with a 47% share of total exports. Moreover, luggage exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-6.7% per year) and the Netherlands (-0.4% per year).

In value terms, Canada ($X) remains the key foreign market for luggage and handbags exports from the United States, comprising 41% of total exports. The second position in the ranking was held by Japan ($X), with an 8.4% share of total exports. It was followed by China, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value to Canada amounted to +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-10.7% per year) and China (+19.6% per year).

Export Prices by Country

The average luggage export price stood at $X per ton in 2021, with a decrease of -6.3% against the previous year. In general, the export price, however, posted a strong increase. The growth pace was the most rapid in 2019 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Luggage Imports

Imports into the U.S.

After two years of decline, overseas purchases of luggage and handbags increased by 41% to X tons in 2021. Over the period under review, imports, however, showed a slight downturn. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, luggage imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of luggage to the United States, with a 35% share of total imports. Moreover, luggage imports from China exceeded the figures recorded by the second-largest supplier, Cambodia (X tons), twofold. France (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+98.4% per year) and France (+18.2% per year).

In value terms, Italy ($X), China ($X) and France ($X) were the largest luggage suppliers to the United States, with a combined 61% share of total imports. Cambodia, Vietnam, Indonesia, the Philippines, India, Thailand, Mexico and Canada lagged somewhat behind, together comprising a further 30%.

Among the main suppliers, Cambodia, with a CAGR of +102.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average luggage import price amounted to $X per ton, increasing by 4.2% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, luggage import price increased by +82.4% against 2017 indices. The growth pace was the most rapid in 2019 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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