The North America Suitcase And Briefcase Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030).
Luggage now often includes enhanced security features, such as TSA-approved locks, anti-theft zippers, and RFID-blocking pockets to protect against identity theft. Briefcases incorporate tech-friendly features like padded laptop compartments, cable management systems, and wireless charging capabilities to meet the needs of modern professionals. The growth of e-commerce has transformed the way consumers shop for luggage and briefcases. Online retail platforms offer a wide selection, competitive prices, as well as the comfort of shopping from home. Many consumers research products online before making a purchase.
With increasing environmental issues' awareness, there is a growing demand for sustainable and eco-friendly luggage options. Brands are incorporating recycled materials and sustainable manufacturing practices into their products to appeal to environmentally conscious consumers. Fashion and design trends, as well as innovation, play a significant role in shaping the market. Consumers seek functionality and durability and demand stylish, aesthetically pleasing, and technologically advanced products. Clean lines, monochromatic colors, and minimalist designs have become popular in suitcases and briefcases. These sleek and timeless aesthetics appeal to consumers seeking modern and understated luggage.
Briefcases and laptop bags are essential accessories for students in North America, whether in high school, college, or graduate school. The United States is home to many world-renowned universities and colleges. Many students from around the world come to the U.S. to pursue higher education degrees, including undergraduate and graduate programs. This influx of international students contributes to the rising numbers in American universities.
The State University of New York (SUNY) system is one of the largest public university systems in the U.S., comprising 64 campuses. SUNY schools offer diverse educational opportunities across the state. Similarly, when it comes to student enrollment, the University of Central Florida (UCF) consistently ranks as one of the most prominent universities in the United States. Numerous undergraduate, graduate, as well as professional degree programs are available. Students use briefcases to transport laptops, textbooks, and study materials. Therefore, all of these factors continue to support the growth of the market in the region.
The US market dominated the North America Suitcase And Briefcase Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,444 Million by 2030. The Canada market is exhibiting a CAGR of 8.5% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 7.5% during (2023 - 2030).
Based on Product Type, the market is segmented into Travel Cases, and Business Cases. Based on Distribution Channel, the market is segmented into Offline Trading, and Online Trading. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Suitcase And Briefcase Market is Predict to reach $50.7 Billion by 2030, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include VF Corporation, Samsonite International S.A., Hermes International S.A., Kering S.A, Ace Co. Ltd., Bric’s Industria Valigeria Fine SPA, Nike, Inc., LVMH SE, Valigeria Roncato S.p.A., and VIP Industries Limited.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Travel Cases
- Business Cases
By Distribution Channel
- Offline Trading
- Online Trading
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- VF Corporation
- Samsonite International S.A.
- Hermes International S.A.
- Kering S.A
- Ace Co. Ltd.
- Bric’s Industria Valigeria Fine SPA
- Nike, Inc.
- LVMH SE
- Valigeria Roncato S.p.A.
- VIP Industries Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Suitcase And Briefcase Market, by Product Type
1.4.2 North America Suitcase And Briefcase Market, by Distribution Channel
1.4.3 North America Suitcase And Briefcase Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. North America Suitcase And Briefcase Market by Product Type
4.1 North America Travel Cases Market by Country
4.2 North America Business Cases Market by Country
Chapter 5. North America Suitcase And Briefcase Market by Distribution Channel
5.1 North America Offline Trading Market by Country
5.2 North America Online Trading Market by Country
Chapter 6. North America Suitcase And Briefcase Market by Country
6.1 US Suitcase And Briefcase Market
6.1.1 US Suitcase And Briefcase Market by Product Type
6.1.2 US Suitcase And Briefcase Market by Distribution Channel
6.2 Canada Suitcase And Briefcase Market
6.2.1 Canada Suitcase And Briefcase Market by Product Type
6.2.2 Canada Suitcase And Briefcase Market by Distribution Channel
6.3 Mexico Suitcase And Briefcase Market
6.3.1 Mexico Suitcase And Briefcase Market by Product Type
6.3.2 Mexico Suitcase And Briefcase Market by Distribution Channel
6.4 Rest of North America Suitcase And Briefcase Market
6.4.1 Rest of North America Suitcase And Briefcase Market by Product Type
6.4.2 Rest of North America Suitcase And Briefcase Market by Distribution Channel
Chapter 7. Company Profiles
7.1 VF Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 SWOT Analysis
7.2 Samsonite International S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Hermes International S.A.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 Kering S.A
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 SWOT Analysis
7.5 Ace Co. Ltd.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Bric’s Industria Valigeria Fine SPA
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.3 SWOT Analysis
7.7 Nike, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 SWOT Analysis
7.8 LVMH SE
7.8.1 Company Overview
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Product launches and Product Expansions:
7.8.5 SWOT Analysis
7.9 Valigeria Roncato S.p.A.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. VIP Industries Limited
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 North America Suitcase And Briefcase Market, 2019 - 2022, USD Million
TABLE 2 North America Suitcase And Briefcase Market, 2023 - 2030, USD Million
TABLE 3 North America Suitcase And Briefcase Market by Product Type, 2019 - 2022, USD Million
TABLE 4 North America Suitcase And Briefcase Market by Product Type, 2023 - 2030, USD Million
TABLE 5 North America Travel Cases Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Travel Cases Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Business Cases Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Business Cases Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Suitcase And Briefcase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 10 North America Suitcase And Briefcase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 11 North America Offline Trading Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Offline Trading Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Online Trading Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Online Trading Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Suitcase And Briefcase Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Suitcase And Briefcase Market by Country, 2023 - 2030, USD Million
TABLE 17 US Suitcase And Briefcase Market, 2019 - 2022, USD Million
TABLE 18 US Suitcase And Briefcase Market, 2023 - 2030, USD Million
TABLE 19 US Suitcase And Briefcase Market by Product Type, 2019 - 2022, USD Million
TABLE 20 US Suitcase And Briefcase Market by Product Type, 2023 - 2030, USD Million
TABLE 21 US Suitcase And Briefcase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 22 US Suitcase And Briefcase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 23 Canada Suitcase And Briefcase Market, 2019 - 2022, USD Million
TABLE 24 Canada Suitcase And Briefcase Market, 2023 - 2030, USD Million
TABLE 25 Canada Suitcase And Briefcase Market by Product Type, 2019 - 2022, USD Million
TABLE 26 Canada Suitcase And Briefcase Market by Product Type, 2023 - 2030, USD Million
TABLE 27 Canada Suitcase And Briefcase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 28 Canada Suitcase And Briefcase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 29 Mexico Suitcase And Briefcase Market, 2019 - 2022, USD Million
TABLE 30 Mexico Suitcase And Briefcase Market, 2023 - 2030, USD Million
TABLE 31 Mexico Suitcase And Briefcase Market by Product Type, 2019 - 2022, USD Million
TABLE 32 Mexico Suitcase And Briefcase Market by Product Type, 2023 - 2030, USD Million
TABLE 33 Mexico Suitcase And Briefcase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 34 Mexico Suitcase And Briefcase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 35 Rest of North America Suitcase And Briefcase Market, 2019 - 2022, USD Million
TABLE 36 Rest of North America Suitcase And Briefcase Market, 2023 - 2030, USD Million
TABLE 37 Rest of North America Suitcase And Briefcase Market by Product Type, 2019 - 2022, USD Million
TABLE 38 Rest of North America Suitcase And Briefcase Market by Product Type, 2023 - 2030, USD Million
TABLE 39 Rest of North America Suitcase And Briefcase Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 40 Rest of North America Suitcase And Briefcase Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 41 Key Information – VF Corporation
TABLE 42 Key Information – Samsonite International S.A.
TABLE 43 key information – Hermes International S.A
TABLE 44 Key Information – Kering S.A
TABLE 45 Key Information – Ace Co. Ltd.
TABLE 46 Key Information – Bric’s Industria Valigeria Fine SPA
TABLE 47 Key Information – Nike, Inc.
TABLE 48 key Information – LVMH SE
TABLE 49 Key Information – Valigeria Roncato S.p.A.
TABLE 50 Key Information – VIP Industries Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Suitcase And Briefcase Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Suitcase And Briefcase Market
FIG 4 Porter’s Five Force Analysis: Suitcase And Briefcase Market
FIG 5 North America Suitcase And Briefcase Market Share by Product Type, 2022
FIG 6 North America Suitcase And Briefcase Market Share by Product Type, 2030
FIG 7 North America Suitcase And Briefcase Market by Product Type, 2019 - 2030, USD Million
FIG 8 North America Suitcase And Briefcase Market Share by Distribution Channel, 2022
FIG 9 North America Suitcase And Briefcase Market Share by Distribution Channel, 2030
FIG 10 North America Suitcase And Briefcase Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 North America Suitcase And Briefcase Market Share by Country, 2022
FIG 12 North America Suitcase And Briefcase Market Share by Country, 2030
FIG 13 North America Suitcase And Briefcase Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: VF Corporation
FIG 15 Recent strategies and developments: Samsonite International S.A.
FIG 16 SWOT Analysis: Samsonite International S.A.
FIG 17 SWOT Analysis: Hermes International S.A.
FIG 18 SWOT Analysis: Kering S.A
FIG 19 SWOT Analysis: Ace Co. Ltd.
FIG 20 SWOT Analysis: Bric’s Industria Valigeria Fine SPA
FIG 21 SWOT Analysis: Nike, Inc.
FIG 22 SWOT Analysis: LVMH SE
FIG 23 SWOT Analysis: Valigeria Roncato S.p.A.
FIG 24 SWOT Analysis: VIP Industries Limited