Product Code: PM3562
The global smart bags market size is expected to reach USD 4.42 billion by 2032, according to a new study by Polaris Market Research. The report "Smart Bags Market Share, Size, Trends, Industry Analysis Report, By Material Type (Ballistic Nylon, Canvas, Leather, Polycarbonate, PVC, and Tegris); By Types; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rapid developments and innovations in the production process of smart-carry bags and rising proliferation of IoT-based applications across the luggage industry along with the significant change in people lifestyles and focus on innovative products quality and designs as well, are among the prominent factors fostering the growth of the market. Smart bag manufacturers globally are also focusing on creating designs that blend technology seamlessly with fashion, while incorporating aesthetics, color options, and trendy designs to appeal to a wider audience, that is pushing the growth and product demand forward.
For instance, in February 2022, DRESSFRESH, announced about the launch of its latest NOVO Duffel, a new smart bag which eliminates Germs and Odors. The newly developed duffel provides a quite easy way to refresh the athletic apparel, clothing packed for the gym, and sports gear.
Smart bags now using embedded systems, which are small and specialized computers that control various features and functionalities and allow smart bags to easily incorporate advanced features such as GPS tracking, biometric security, and Bluetooth connectivity and are also being introduced with companion apps that enable users to control and monitor the features of the bag conveniently, which has gained significant traction in the recent years.
The key companies operating in the market has started offering customization options, allowing customers to choose color combinations, add personal monograms or logos, and select additional features based on their preferences, which enhances the ownership experience and helps consumers create unique and personalized smart bags, that is among one of the key trends emerging in the market.
Smart Bags Market Report Highlights
Ballistic nylon segment accounted for the largest market share in 2022, on account of its numerous beneficial characteristics including durability, reinforced compartments, and tamper-resistant zipper
Duffle smart bags segment projected to hold considerable market share over the study period, mainly due to integration of advanced features like weatherproofing and anti-theft mechanisms among others
Online segment is anticipated to be the fastest growing region with a significant growth rate, owing to increased number of online shoppers worldwide because of numerous benefits offered by online shopping platforms
North America region dominated the global market with significant revenue share in 2022, due to the growing number of technologically-aware consumers and their early adoption of technologically-enabled products
The global key market players include: Delsey, Horizon Studios, Planet Traveler, Samsonite IP Holdings, Away Com, Rollux Luggage, and Neit Products
Polaris Market Research has segmented the smart bags market report based on material type, types, distribution channel, and region:
Smart Bags, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Ballistic Nylon
- Canvas
- Leather
- Polycarbonate
- PVC
- Tegris
Smart Bags, Types Outlook (Revenue - USD Billion, 2019 - 2032)
- Duffle Smart Bags
- Trolley Smart Bags
- Backpacks
Smart Bags, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
- Supermarkets/Hypermarkets
- Brand Outlets
- Online Stores
- Factory Outlets
- Others
Smart Bags, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Smart Bags Market Insights
- 4.1. Smart Bags Market - Distribution Channel Snapshot
- 4.2. Smart Bags Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing need for connectivity and seamless integration with smart devices
- 4.2.1.2. Rising environmental consciousness and the demand for sustainable products worldwide are driving the growth of eco-friendly smart bags at rapid pace.
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of smart bags limit the market growth
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Smart Bags Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Smart Bags Market, by Material Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 5.3. Ballistic Nylon
- 5.3.1. Global Smart Bags Market, by Ballistic Nylon, by Region, 2019-2032 (USD Billion)
- 5.4. Canvas
- 5.4.1. Global Smart Bags Market, by Canvas, by Region, 2019-2032 (USD Billion)
- 5.5. Leather
- 5.5.1. Global Smart Bags Market, by Leather, by Region, 2019-2032 (USD Billion)
- 5.6. Polycarbonate
- 5.6.1. Global Smart Bags Market, by Polycarbonate, by Region, 2019-2032 (USD Billion)
- 5.7. PVC
- 5.7.1. Global Smart Bags Market, by PVC, by Region, 2019-2032 (USD Billion)
- 5.8. Tegris
- 5.8.1. Global Smart Bags Market, by Tegris, by Region, 2019-2032 (USD Billion)
6. Global Smart Bags Market, by Types
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 6.3. Duffle Smart Bags
- 6.3.1. Global Smart Bags Market, by Duffle Smart Bags, by Region, 2019-2032 (USD Billion)
- 6.4. Trolley Smart Bags
- 6.4.1. Global Smart Bags Market, by Trolley Smart Bags, by Region, 2019-2032 (USD Billion)
- 6.5. Backpacks
- 6.5.1. Global Smart Bags Market, by Backpacks, by Region, 2019-2032 (USD Billion)
7. Global Smart Bags Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3. Supermarkets/Hypermarkets
- 7.3.1. Global Smart Bags Market, by Supermarkets/Hypermarkets, By Region, 2019-2032 (USD Billion)
- 7.4. Brand Outlets
- 7.4.1. Global Smart Bags Market, by Brand Outlets, By Region, 2019-2032 (USD Billion)
- 7.5. Online Stores
- 7.5.1. Global Smart Bags Market, by Online Stores, By Region, 2019-2032 (USD Billion)
- 7.6. Factory Outlets
- 7.6.1. Global Smart Bags Market, by Factory Outlets, By Region, 2019-2032 (USD Billion)
- 7.7. Others
- 7.7.1. Global Smart Bags Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Smart Bags Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Smart Bags Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Smart Bags Market - North America
- 8.3.1. North America: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.3. North America: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.3.4. Smart Bags Market - U.S.
- 8.3.4.1. U.S.: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.3.5. Smart Bags Market - Canada
- 8.3.5.1. Canada: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4. Smart Bags Market - Europe
- 8.4.1. Europe: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.3. Europe: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4.4. Smart Bags Market - UK
- 8.4.4.1. UK: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4.5. Smart Bags Market - France
- 8.4.5.1. France: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.5.3. France: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4.6. Smart Bags Market - Germany
- 8.4.6.1. Germany: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4.7. Smart Bags Market - Italy
- 8.4.7.1. Italy: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4.8. Smart Bags Market - Spain
- 8.4.8.1. Spain: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4.9. Smart Bags Market - Netherlands
- 8.4.9.1. Netherlands: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.4.10. Smart Bags Market - Russia
- 8.4.10.1. Russia: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.5. Smart Bags Market - Asia Pacific
- 8.5.1. Asia Pacific: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.5.4. Smart Bags Market - China
- 8.5.4.1. China: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.4.3. China: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.5.5. Smart Bags Market - India
- 8.5.5.1. India: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.5.3. India: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.5.6. Smart Bags Market - Malaysia
- 8.5.6.1. Malaysia: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.5.7. Smart Bags Market - Japan
- 8.5.7.1. Japan: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.5.8. Smart Bags Market - Indonesia
- 8.5.8.1. Indonesia: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.5.9. Smart Bags Market - South Korea
- 8.5.9.1. South Korea: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.6. Smart Bags Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.6.4. Smart Bags Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.6.5. Smart Bags Market - UAE
- 8.6.5.1. UAE: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.6.6. Smart Bags Market - Israel
- 8.6.6.1. Israel: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.6.7. Smart Bags Market - South Africa
- 8.6.7.1. South Africa: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.7. Smart Bags Market - Latin America
- 8.7.1. Latin America: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.7.4. Smart Bags Market - Mexico
- 8.7.4.1. Mexico: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.7.5. Smart Bags Market - Brazil
- 8.7.5.1. Brazil: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Smart Bags Market, by Types, 2019-2032 (USD Billion)
- 8.7.6. Smart Bags Market - Argentina
- 8.7.6.1. Argentina: Smart Bags Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Smart Bags Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Smart Bags Market, by Types, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Samsonite IP Holdings S.A.R.L.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. .Delsey S.A.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Away Com Inc
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. RIMOWA GmbH & Co Distribution KG
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. TraxPack LLC
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Barracuda Inc
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Horizn Studios GmbH
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Planet Traveler USA
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Neit Products Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Arlo Skye
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. LugLoc Shop
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Tumi Inc
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. UNCRATE LLC
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Lufthansa
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Bluesmart
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Rollux Luggage
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. Andiamo
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. SAMSARA Luggage
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. Modobag
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development
- 10.20. Trunkster
- 10.20.1. Company Overview
- 10.20.2. Financial Performance
- 10.20.3. Product Benchmarking
- 10.20.4. Recent Development