Latest News- Smart Carry-on Bags Market: USB charging is expected to lead the Technology segment during 2024-2028

The Smart Carry-on Bags Market is being driven by Premiumization through product innovation

The Smart Carry-on Bags Market is expected to grow at a CAGR of 6.85% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 340.82 million. In today's digital age, e-commerce has become a preferred shopping channel for consumers worldwide. Vendors in the smart carry-on bags market capitalize on this trend by maintaining a strong online presence, catering to an international audience. While mature markets have already embraced e-commerce, its adoption is less developed in emerging markets. The growing preference for online shopping is a significant driver for the global smart carry-on bags market, with sales through e-retailers experiencing substantial growth during the forecast period. Despite the continued importance of brick-and-mortar stores, the shift towards digital commerce is undeniable. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Technology
  • USB charging
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Premiumization through product innovation
• Increasing urbanization rate
• Enforcement of weight regulations on carry-on bags by airlines

However, the market also witnesses some limitations, which are as follows:

• High costs associated with smart carry-on bags
• App interface issues in smart carry-on bags
• Risks associated with sensors and signals

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Market Scope in Smart Carry-on Bags Market Research Report

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Research Analysis Overview

The Smart Carry-on Bag market offers innovative luggage with features such as external USB ports, hidden compartments, locking zipper systems, and anti-theft designs. These lightweight, airline-compliant bags boast durable wheels for smooth rolling and comfortable carrying straps. Organized packing systems ensure efficient use of space, while secure compartments and TSA-compliant locks keep belongings safe. Water repellent materials and shock absorbing systems protect against damage, and convenient storage options include power banks and charging ports. Stylish designs, robust construction, and travel-friendly features complete this enhanced durability luggage solution.

Market Research Overview

The global smart carry-on bags market is a segment of Technavio's comprehensive analysis of the textiles, apparel, and luxury goods market, which encompasses companies involved in the manufacturing and marketing of textiles, apparel, accessories, and luxury goods, excluding footwear. Key trends driving growth in this market include the increasing population of working women, leading to increased disposable income and spending on apparel, accessories, and luxury goods. Compliance with TSA-approved dimensions, lithium battery regulations, and the use of impact-resistant materials and weight distribution systems are essential features of smart carry-on bags. Additionally, integrated USB charging ports add convenience for travelers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/