Bags and luggage is anticipated to register positive growth in value (at constant 2024 prices) and retail volume terms over the forecast period. Handbags, particularly luxury handbags, and luggage sales are likely to continue to drive category growth, as tourism flows return to their pre-pandemic rates, and travellers “make up for lost time” by travelling beyond their own borders, either for international travellers to visit Australia or local voyagers looking to venture further afield.
The competitive landscape of bags and luggage in Australia features many apparel and footwear brands that have extended their ranges to handbags, wallet and coin purses, and other small bags, to ensure greater customer loyalty through a broader product offering. As a result, many of these manufacturers and retailers will be looking to reduce their contributions to landfill and increasing their commitment to circular economy principles over the forecast period.
Bags and luggage specialists is expected to remain as the leading distribution channel for bags and luggage in Australia over the forecast period, as growth within retail e-commerce begins to plateau. Given the high penetration of luxury brands within the category, the in-store experience is paramount to the purchase of handbags.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Bags and Luggage industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Bags and Luggage
Bags and Luggage includes bags and cases which serve common everyday purposes or specific functions during travel, sports, or formal occasions. However, all sports equipment bags (e.g. golf, tennis, and bowling), insulated food and beverage bags, and musical instrument cases are excluded.
See all of our definitionsThis report originates from Passport, our Bags and Luggage research and analysis database.
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