Luggage retail is a very important market throughout the world. By 2015, the global luggage market is forecasted to generate about 31.62 billion U.S. dollars. North America is expected to generate approximately 8.64 billion U.S. dollars in luggage retail sales in 2015; which amounts to a compound annual growth rate of about 3.7 percent between 2010 and 2015. Theretail sales value of the travel bag segment worldwide is expected to generate about 12.89 billion U.S. dollars in 2015, making it the largest segment of the luggage market.
Samsonite/American Tourister is the largest luggage company in the world, making up 9.6 percent of the global market in 2010 and amounted to about 1.21 billion U.S. dollars in total revenue.
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