Analysis of the 2023 Luggage Market Development: Export Rebound Ahead

China’s luggage manufacturing industry is highly market-driven, with relatively few specialized manufacturers possessing R&D and design capabilities and maintaining stable relationships with clients, forming certain industry barriers.

Following the pandemic, the recovering tourism sector is expected to boost global luggage market growth. China is projected to lead the expansion, creating significant opportunities for domestic manufacturers and independent brands.

China remains the world’s largest exporter of luggage, though challenges persist regarding brand strength and value-added pricing. Industry consolidation is expected to increase, and substantial market potential remains.