LATAM Luggage and Bags Market Size & Outlook, 2025-2033


LATAM Luggage and Bags Market Insights

  • Deep Market Insights analysis indicates that the LATAM Luggage and Bags Market size, which was USD 2891.03 Million in 2024, is projected to attain USD 4,710.02 Million by 2033.
  • The market is expected to register a CAGR of 5.54% over the period 2025–2033.
  • In 2024, Suitcases/Hard-side emerged as the dominant Product Category based on market size.
  • Suitcases/Hard-side is projected to register the fastest growth, positioning it as the most attractive Product Category segment over the forecast horizon.

Other Key Findings


  • In 2024, LATAM contributed 7.73% to the overall global Luggage and Bags Market size.
  • By 2033, United States is anticipated to dominate the global market based on market size.
  • Colombia is expected to witness the fastest growth within LATAM, attaining USD 0.59 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 2891.03 Million
Market Size In 2033 USD 4,710.02 Million
Largest segment Suitcases/Hard-side
Units Revenue in USD Million
CAGR 5.54% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
LATAM
  1. Brazil
  2. Mexico
  3. Argentina
  4. Colombia
  5. Chile
Product Category
  1. Suitcases/Hard-side
  2. Backpacks
  3. Duffels
  4. Handbags/Briefcases
Material
  1. Polycarbonate
  2. Fabric
  3. Leather

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