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Trolley bags are a set of reusable shopping bags designed to streamline and eco-friendlyize the grocery shopping experience. Sold in a connected set, these bags are color-coded or labeled to help organize different types of groceries. They are conveniently foldable and portable, making them easy to carry to the store and attach to a shopping cart when needed.
The trolley bags market is projected to be valued at US$ 18,913.21 million in 2023 and is expected to rise to US$ 32,924.20 million by 2033. The sales of trolley bags are expected to capture a significant CAGR of 5.7% during the forecast period.
The trolley bags market has experienced significant growth in recent years, fueled by the rise in travel and tourism activities across the globe. As more people embark on domestic and international trips for leisure, business, and other purposes, the demand for trolley bags has surged.
The growth of the travel and tourism industry has been a key driver behind the expansion of the trolley bags market. With increasing disposable incomes and a growing desire for exploration and leisure, more people are traveling domestically and internationally. This has resulted in a higher demand for reliable and durable luggage options, including trolley bags.
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Market Opportunities
Rapid urbanization and changes in lifestyle are creating a demand for innovative products such as polycarbonate luggage bags, hard-side trolley bags, and more.
Market Restraints
- Consumer Habits:
- Consumer habits and resistance to change can be a restraint. Some shoppers may be accustomed to using traditional single-use plastic bags and may be hesitant to adopt reusable trolley bags, even though they are more sustainable.
- Initial Cost:
- The upfront cost of purchasing a set of reusable trolley bags may be higher compared to the perceived “free” single-use plastic bags offered by retailers. This initial cost can be a deterrent for some consumers, even though the long-term savings and benefits are substantial.
- Storage Concerns:
- Consumers living in smaller spaces may find it challenging to store a set of trolley bags, especially if the bags are bulky or if storage space is limited. This could impact the adoption of reusable bags.
- Hygiene Considerations:
- Concerns about the hygiene of reusable bags may be a restraint. Some consumers worry about the cleanliness of the bags, particularly in the context of grocery shopping where various food items come into contact with the bags.
- Availability and Accessibility:
- In some regions, the availability and accessibility of trolley bags may be limited. If consumers do not have easy access to these bags, they may continue using traditional plastic bags out of convenience.
Regional Insights
North America holds a significant share of 26.0% in the trolley bags market, driven by rapid urbanization and increasing disposable income. The region’s population is increasingly engaging in adventurous activities and travel, resulting in a higher demand for trolley bags for easy luggage carrying.
Geographically, the market for trolley bags is expanding across different regions, including North America, Europe, Asia Pacific, and beyond. The growth of emerging economies, rising disposable incomes, and increased travel activities in these regions are contributing to market expansion.
Europe dominates the global trolley bags market, accounting for 34.0% of the total market share. This growth can be attributed to key market players in the region who continuously innovate and offer consumers durable and unique trolley bag solutions.
Recent Developments
- Rimowa, a German luggage manufacturer, collaborated with Nike-owned digital fashion company RTFKT to launch an NFT line and a new NFC-enabled luxury bag in October 2022.
- In August 2022, Samsonite unveiled Magnum Eco, a new brand of luggage built from yogurt cups and plastic bottles. The liner of this new baggage line is constructed from plastic mineral water bottles that have been transformed into the exterior of hard-side bags.
- VIP Industries launched its first smart linked travel gear at Metro Cash & Carry in India in April 2022. It is outfitted with technology that sends warnings to users’ phones. With a simple click, customers can remain updated on the status of their luggage, including proximity and arrival information.
Key Market Players:
- VF Corporation
- Samsonite
- VIP Industries
- Delsey
- Briggs & Riley
- Rimowa
- Travelpro
- Tommy Hilfiger
- Victorinox
- Olympia
- Fox Luggage
- Skyway
- Traveler’s Choice
- ACE
Key Segments Covered in the Trolley Bags Market Report
By Material Type:
- Hard-Side
- Soft-Side
By Price Range:
- Premium
- Medium Range
- Low Range
By Distribution Channel:
- Supermarkets/Hypermarkets
- Specialty Stores
- Factory Outlets
- Online Stores
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East & Africa (MEA)
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