Smart Luggage Market, By Technology (Connectivity (Wi-Fi, Bluetooth, GPS, and RFID), SIM Cards, Sensors, and USB Charging), By Application (Digital Scaling, Remote Locking, Texting Alerts, Real-time Tracking, and Proximity Sensors, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Smart Luggage Market was valued at US$ 2.02 billion in 2024 and is projected to grow at a CAGR of 20.2% to reach US$ 10.8 billion by 2034.

Smart luggage refers to any compact suitcase or bag with advanced technological features. Beyond its typical uses, smart luggage may be used for other sophisticated purposes, such storing clothes and accessories. GPS locators, USB connectors for charging electronics, solar-powered batteries, and remote lock systems are some of the characteristics of smart luggage. One does not need to carry a portable charger because one can just plug in phones or other gadgets to be charged while traveling. The key argument for switching from conventional baggage to smart luggage is the evolving needs and wants of consumers. Making smart luggage is a goal that goes beyond innovation to include user-friendliness. There are many different colors and sizes available for smart bags and luggage.

Among the many technological features of smart luggage are built-in GPS, USB charging ports, digital locks, and self-weighing capacities. These choices are intended to increase convenience and security when transporting bags. Using the GPS system integrated into their luggage and the smartphone application, travelers can monitor the whereabouts of their bags in real time. This is especially useful in the event that luggage gets lost or misplaced. 

The expansion of the travel industry, airline travel, tourism, product design and quality advancements, demand for Internet of Things applications, and consumer desire for a more luxurious lifestyle are all driving forces for companies to consider new and creative ways to incorporate features into their conventional luggage. But during the course of the projection period, factors like restricted availability, high cost, and lack of knowledge about smart luggage may hamper the growth of the worldwide smart luggage market. It's likely that a lot of travelers don't know the benefits of utilizing smart luggage or don't know how to use the features that these bags provide.

There may be less of a market for smart luggage if travelers choose to stay with more recognizable standard luggage alternatives. It is anticipated that the smart luggage market would have significant development prospects as a result of the goods' integration with analytics. Easy usage and benefits like companion applications are expected to fuel demand for smart luggage. However, it is anticipated that high prices and a lack of product awareness may hinder the growth of the smart luggage market during the projection period.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Smart Luggage Market Key Drivers:

• Technological advancements

Most sales of smart luggage are expected to be driven by connection technologies throughout the forecast period. Based on connectivity and accessibility, it is anticipated that RFID would grow quickly due to the existing infrastructure of RFID scanning in airports by the use of networking technologies.

The emergence of sensor-based smart luggage items is expected to be a significant trend due to the increasing use of IoT devices, their relatively low costs, and the relatively low maintenance requirements of the sensors. The user and the smart luggage are connected via a companion app.

Customers would be able to travel with ease and without worrying about their luggage being mistreated or stolen thanks to these rapidly evolving technologies. According to a news released by The Seattle-Tacoma International Airport (SEA) in 2022, the number of cases reported for luggage theft in 2011 were 97 which rose to 477 in 2022, that is 1 in every 56,000 individuals would be the victim of luggage theft. Which is a very worrying discovery.

In addition to providing information on flight schedules, currency conversion, destinations, gates, and weather, these applications provide a straightforward and user-friendly travel experience. The use of SIM cards to access the internet is expected to assist the smart luggage industry.

Smart Luggage Market Restrains:

• High costs

To enable constant communication, smart luggage is equipped with the newest technology. Because smart luggage is designed for the high-end consumer, even with its cutting-edge features and technology, it is not affordable. Therefore, smart luggage is out of reach for the majority of people.

Consequently, most individuals cannot afford such products. Smart luggage is expensive, which makes it difficult for customers to buy, which is expected to impede market growth over the projection period.

• Smart Luggage Market Opportunities:

By evolving in the field of Lithium-Ion batteries, producers are offered bright prospects in the ever-changing smart luggage market. An important move in the direction of flexibility and user-centric design is the investigation of different metals for use in battery production and the launch of bags with removable batteries. This makes it possible to alter the composition of batteries while taking energy density, charging effectiveness, and safety into account.

Detachable batteries improve user convenience and airline restrictions, which might increase the market attractiveness of smart luggage. Furthermore, a predicted drop in smart luggage prices guarantees a more competitive market, opening up these cutting-edge items to a larger range of buyers.

Additionally, new battery technologies promise increased durability, quicker charging times, and longer battery lives, providing a substantial value to smart luggage. The sector is positioned for strong development as a result of these improvements, which are in line with customer requirements and preferences. This compelling story encourages the broad adoption of feature-rich, reasonably priced, and technologically sophisticated smart baggage solutions.

Smart Luggage Market is segmented based on Technology, Application and region:

Technology Insights:

• Connectivity:

The technologies included in the connectivity sector help link the smart baggage to other gadgets. Manufacturers aim their products to travelers who appreciate features like Bluetooth connectivity, inbuilt RFID chips for contactless payments, suitcase mounted Wi-Fi hotspots, and remote tracking.

• Wi-Fi:

This technology satisfies the needs of travelers who must remain connected while on the road by enabling them to stream media, surf the internet, or get internet access through the built-in hotspot on their baggage.

• Bluetooth:

This technology is designed to satisfy travelers who value security and ease of use. They don't have to communicate with each other in person to handle their bags thanks to Bluetooth.

• GPS:

The GPS function helps travelers who wish to always know where their luggage is.

• RFID:

Travelers who prioritize ease and speed might benefit from RFID technology. By enabling safe contactless payments using the luggage itself or contactless connection with airport systems, RFID speeds up the check-in process.

• SIM Cards:

With cellular connectivity supplied by a SIM card, SIM cards enable remote locking and unlocking of luggage as well as real-time luggage tracking from anywhere in the globe. Those who travel often or visit places with very less Wi-Fi coverage may find this especially alluring.

• Sensors:

Travelers who value features such as impact sensors to detect harsh handling during travel, proximity sensors to inform them if their luggage moves away from them, possibly lowering theft risks, or digital scales to minimize overweight baggage costs will find these sensors are helpful.

• USB Charging:

Using USB connections built into the baggage itself, USB charging allows customers to charge electrical gadgets while on the road. This meets the needs of travelers who wish to keep their electronics charged on their travels without having to lug around heavy power banks.

Among the segments mentioned above the connectivity segment was the dominating technology segment of the global market. Over the course of the forecast period, the integration of smart devices, such as radio-frequency identification (RFID), GPS, and others is propelling the growth of the connection sector of the market.

Application Insights:

• Digital Scaling:

The concept of Digital Scaling pertains to the efficiency of integrated scales, which enable passengers to weigh their bags before to reaching the airport, so averting unnecessary baggage charges.

• Remote Locking:

With the use of a smartphone app or other linked device, travelers who desire the option to remotely lock or unlock their bags may do so. When checking into a hotel or during a circumstance when luggage is momentarily hidden from view, this might be quite helpful.

• Texting Alerts:

These alerts give updates or messages on the luggage in real time.  Producers want to reach passengers who desire to obtain SMS notifications regarding the whereabouts of their baggage, any possible efforts to tamper with it, or if it goes beyond a certain range.

• Real-time Tracking:

This feature highlights the potential to use GPS technology to track the whereabouts of your luggage during your trip.  Travelers who need constant baggage tracking for security and convenience; especially during layovers or transfers; are the target market for manufacturers.

• Proximity Sensors:

Proximity sensors are a useful tool for travelers seeking additional security measures. They may notify the traveler if their luggage moves away from them beyond a certain distance, which may lower the likelihood of theft, particularly in congested areas.

Among the segments mentioned above the one that dominated the market is the Remote Locking segment because of the increase in reported occurrences of lost luggage at airports. Purchases of smart baggage with remote locking systems have also been prompted by security lapses and suitcase theft.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Smart Luggage Market Regional Insights

• North America market is estimated to witness a significantly large revenue share over the forecast period, owing to the technologically sophisticated items. The region's smart luggage market is anticipated to be driven by public awareness of the advantages of new products.
• Asia Pacific market is estimated to witness fastest revenue Due to growing disposable income and consumer demand for lavish travel. China is the largest market for smart luggage in the Asia Pacific region because of the country's high demand for high-tech baggage.
• Europe market finds lucrative market opportunities owing to Modern technology and an increase in passenger traffic throughout the continent, giving rise to growth in the smart luggage market with profitable business prospects.
• Latin America market is increasing gradually due to the continent's growing number of visitors and business travelers, which is contributing to the market's modest expansion. The market is growing primarily because of the growing interest in high-tech products and the need for creative baggage designs.
• Middle East & Africa market is an emerging market owing to the country's desire for upscale travel products; the United Arab Emirates leads the region in sales of smart baggage.

Report Scope:

Attribute	Details
Market Size 2024	US$ 2.02 billion
Projected Market Size 2034	US$ 10.8 billion
CAGR Growth Rate	20.2%
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Technology - Connectivity (Wi-Fi, Bluetooth, GPS, and RFID), SIM Cards, Sensors, and USB Charging. By Application - Digital Scaling, Remote Locking, Texting Alerts, Real-time Tracking, and Proximity Sensors.
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Smart Luggage Market report based on Technology, Application and region:

Smart Luggage Market, By Technology:

• Connectivity

• Wi-Fi
• Bluetooth
• GPS
• RFID

• SIM Cards
• Sensors
• USB Charging

Smart Luggage Market, By Application:

• Digital Scaling
• Remote Locking
• Texting Alerts
• Real-time Tracking
• Proximity Sensors

Smart Luggage Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Smart Luggage Market includes, Samsonite International S.A., Delsey S.A., Bluesmart, Inc., Raden, Inc., Travelpro Products Inc., VF Corp., Victorinox AG, VIP Industries Ltd., Trunkster, and Lugloc Company.

Recent Development:

• In January 2020, Samsora Baggage Inc. and Monogoto, a supplier of technological services, teamed to enable consumers to connect with their smart bags via an integrated Wi-Fi hotspot function.
• In May 2020, Porsche SE, an Australian lifestyle company, partnered with Bric shop to produce lightweight, high-performing travel solutions for the Italian market.

• Samsonite International S.A.*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Delsey S.A.
• Bluesmart, Inc.
• Raden, Inc.
• Travelpro Products Inc.
• VF Corp.
• Victorinox AG
• VIP Industries Ltd.
• Trunkster
• Lugloc Company

“*” marked represents similar segmentation in other categories in the respective section.