Carry on Luggages Market Insights Video

According to Cognitive Market Research, the global Carry-on Luggage market size was USD 5814.2 million in 2024. It will rise at the compound annual growth rate (CAGR) of 7.80% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 2325.68 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1744.26 million.
• Asia Pacific held a market share of around 23% of the global revenue with the market size of USD 1337.27 million in 2024 and will rise at the compound annual growth rate (CAGR) of 9.8% from 2024 to 2031.
• Latin America had a market share of more than 5% of global revenue with a market size of USD 290.71 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 7.2% from the year 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 116.28 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
• The leisure traveler category is the fastest growing segment of the Carry-on Luggage industry