Home > Consumer Goods & Services > Retail > Smart Luggage Market
In 2024, key companies like Bluesmart, Horizn Studios, Reden, Away and Samsonite held a combined market share of 20%-25%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
As consumers prioritize sustainability, brands using eco-friendly materials and practices gain a competitive edge. Companies focusing on recycled materials and reducing carbon footprints position themselves as environmentally conscious choices. With e-commerce on the rise, selling smart luggage online offers a crucial advantage. Brands like Away leverage their direct-to-consumer model and strong online presence, while established brands like Samsonite and Tumi use both online and offline channels to reach more customers.
Major players operating in the smart luggage industry are: