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Smart Carry-on Bags Market by Technology, Distribution Channel, and Geography - Forecast 2022-2026

  • Published: Jul 2022
  • Pages: 144
  • SKU: IRTNTR43774
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The smart carry-on bags market share is expected to increase by USD 281.93 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.53%.

This smart carry-on bags market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers smart carry-on bags market segmentation by technology (USB charging and others), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The smart carry-on bags market report also offers information on several market vendors, including Airwheel Holding Ltd., Andiamo Luggage, Arlo Skye Inc., Chester Travels, COWAROBOT, DELSEY, E CASE, FUGU Luggage Inc., Genius Brands LLC, Heys America Ltd., Horizn Studios GmbH, JRSK Inc., Kenneth Cole Productions Inc., Samsara Luggage, Samsonite International S.A., The Carriall Co., The LVMH group, Travelers Club, Travelpro Products Inc., Victorinox AG, and Xindao BV among others.

What will the Smart Carry-on Bags Market Size be During the Forecast Period?

Smart Carry-on Bags Market Size

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Smart Carry-on Bags Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The premiumization through product innovation is notably driving the smart carry-on bags market growth, although factors such as high costs associated with smart carry-on bags may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart carry-on bags industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Smart Carry-on Bags Market Driver

The premiumization through product innovation is one of the factors driving the smart carry-on bags market growth. There are players in the market who are developing innovative smart carry-on bags with features like built-in scales, proximity servers, alarm systems, and water-resistant accessories to stay competitive in the market. For instance, Arlo Skye smart carry-on bag by Arlo Skye Inc. (Arlo Skye) comes with a removable charger. The 10,050 mAh charger comes with two USB ports, one for the phone and one for the computer. Smart carry-on bags are folded and are incorporated with a biometric fingerprint scanner, which is used to open the bag. Further, pre-damaged bags, a recent trend in the market, are made of 100% sustainable materials and are characterized by hard-shell cases on wheels sports. Such innovations may drive market growth during the forecast period.

Key Smart Carry-on Bags Market Trend

The advent of e-commerce is one of the key smart carry-on bags market trends fueling the market growth. There is no doubt in accepting that brick-and-mortar stores remain a key channel for the sales of smart carry-on bags. However, sales through online retail stores will witness rapid growth during the forecast period. The online retail channel provides consumers with a wide range of product options to choose from. Moreover, online shopping portals allow customers to compare products offered by various brands and conveniently place orders without physically visiting stores, thereby saving time. Also, many online retailers offer discounts on smart carry-on bags, enabling customers to buy products at affordable prices. Thus, the numerous benefits of e-commerce have contributed to the growth of the global smart carry-on bags market.

Key Smart Carry-on Bags Market Challenge

High costs associated with smart carry-on bags is one of the key factors challenging the smart carry-on bags market growth. Nowadays, smart carry-on bags are incorporated with the most advanced technologies to facilitate frequent connectivity. Although they possess advanced features and technologies, they are not reasonably priced as smart carry-on bags cater to the premium customer segment. For instance, most smart carry-on bags launched by leading vendors are priced in the range of $200-$550. Thus, the high price associated with them makes it difficult for consumers to purchase, thereby challenging the growth of the market.

This smart carry-on bags market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global smart carry-on bags market as a part of the global apparel, accessories, and luxury goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the smart carry-on bags market during the forecast period.

Who are the Major Smart Carry-on Bags Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Airwheel Holding Ltd.
  • Andiamo Luggage
  • Arlo Skye Inc.
  • Chester Travels
  • COWAROBOT
  • DELSEY
  • E CASE
  • FUGU Luggage Inc.
  • Genius Brands LLC
  • Heys America Ltd.
  • Horizn Studios GmbH
  • JRSK Inc.
  • Kenneth Cole Productions Inc.
  • Samsara Luggage
  • Samsonite International S.A.
  • The Carriall Co.
  • The LVMH group
  • Travelers Club
  • Travelpro Products Inc.
  • Victorinox AG
  • Xindao BV

 

This statistical study of the smart carry-on bags market encompasses successful business strategies deployed by the key vendors. The smart carry-on bags market is fragmented and the vendors are deploying growth strategies such as advanced and differentiated product offerings and business expansion to compete in the market.

Product Insights and News

  • Andiamoluggage.com - The company offers smart carry-on bags in 3 different product color ranges of Red Ruby, Royal Sapphire, and Black Onyx with the feature of TSA locks and RFID blocking technology.
  • Arloskye.com - The company offers smart carry-on bags under brands such as The Frame and The Zipper with USB chargers and TSA locks in different colors and sizes.
  • Chestertravels.com - The company offers smart carry-on bags products named such as Minima, Regula, and Maxima in different colors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The smart carry-on bags market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Smart Carry-on Bags Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the smart carry-on bags market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Smart Carry-on Bags Market?

Smart Carry-on Bags Market Share by Geography

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35% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for smart carry-on bags market in North America. Market growth in this region will be slower than the growth of the market in other regions.

Increased research and development (R&D) funding will facilitate the smart carry-on bags market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

 In 2020, the market in North American countries, such as the US and Canada, witnessed a slow growth rate due to the COVID-19 outbreak. However, with the initiation of vaccination drives and the resumption of manufacturing units, various vendors have reopened retail stores from Q3 2020. Additionally, with the lifting of travel restrictions, there was a moderate demand for smart carry-on bags from consumers in 2021 compared to 2020. Therefore, these factors will foster the growth of the regional market during the forecast period.

What are the Revenue-generating Technology Segments in the Smart Carry-on Bags Market?

Smart Carry-on Bags Market Share

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The smart carry-on bags market share growth by the USB charging segment will be significant during the forecast period. USB charging is a key feature integrated into smart carry-on bags. USB chargers are both removable and fixed and are available in the range of 10,000-21,000 mAh and are compatible with multiple devices. Most smart carry-on bags are characterized by removable chargers. These factors of USB charging will boost the market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the smart carry-on bags market size and actionable market insights on post COVID-19 impact on each segment.

 

Smart Carry-on Bags Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.53%

Market growth 2022-2026

$ 281.93 million

Market structure

Fragmented

YoY growth (%)

5.73

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, Canada, Japan, China, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Airwheel Holding Ltd., Andiamo Luggage, Arlo Skye Inc., Chester Travels, COWAROBOT, DELSEY, E CASE, FUGU Luggage Inc., Genius Brands LLC, Heys America Ltd., Horizn Studios GmbH, JRSK Inc., Kenneth Cole Productions Inc., Samsara Luggage, Samsonite International S.A., The Carriall Co., The LVMH group, Travelers Club, Travelpro Products Inc., Victorinox AG, and Xindao BV

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Smart Carry-on Bags Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive smart carry-on bags market growth during the next five years
  • Precise estimation of the smart carry-on bags market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart carry-on bags industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart carry-on bags market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Technology

    • 5.1 Market segments
      • Exhibit 25: Chart on Technology - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Technology - Market share 2021-2026 (%)
    • 5.2 Comparison by Technology
      • Exhibit 27: Chart on Comparison by Technology
      • Exhibit 28: Data Table on Comparison by Technology
    • 5.3 USB charging - Market size and forecast 2021-2026
      • Exhibit 29: Chart on USB charging - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on USB charging - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on USB charging - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on USB charging - Year-over-year growth 2021-2026 (%)
    • 5.4 Others - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Technology
      • Exhibit 37: Market opportunity by Technology ($ million)

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 38: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 40: Chart on Comparison by Distribution Channel
      • Exhibit 41: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 6.4 Online - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 50: Market opportunity by Distribution Channel ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 54: Chart on Geographic comparison
      • Exhibit 55: Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2021-2026
      • Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 APAC - Market size and forecast 2021-2026
      • Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 Japan - Market size and forecast 2021-2026
      • Exhibit 80: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.10 UK - Market size and forecast 2021-2026
      • Exhibit 84: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.11 Germany - Market size and forecast 2021-2026
      • Exhibit 88: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.12 China - Market size and forecast 2021-2026
      • Exhibit 92: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.13 Canada - Market size and forecast 2021-2026
      • Exhibit 96: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 97: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 98: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 8.14 Market opportunity by geography
      • Exhibit 100: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 101: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 103: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 104: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 105: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 106: Matrix on vendor position and classification
            • 11.3 Andiamo Luggage
              • Exhibit 107: Andiamo Luggage - Overview
              • Exhibit 108: Andiamo Luggage - Product / Service
              • Exhibit 109: Andiamo Luggage - Key offerings
            • 11.4 Arlo Skye Inc.
              • Exhibit 110: Arlo Skye Inc. - Overview
              • Exhibit 111: Arlo Skye Inc. - Product / Service
              • Exhibit 112: Arlo Skye Inc. - Key offerings
            • 11.5 Chester Travels
              • Exhibit 113: Chester Travels - Overview
              • Exhibit 114: Chester Travels - Product / Service
              • Exhibit 115: Chester Travels - Key offerings
            • 11.6 DELSEY
              • Exhibit 116: DELSEY - Overview
              • Exhibit 117: DELSEY - Product / Service
              • Exhibit 118: DELSEY - Key offerings
            • 11.7 FUGU Luggage Inc.
              • Exhibit 119: FUGU Luggage Inc. - Overview
              • Exhibit 120: FUGU Luggage Inc. - Product / Service
              • Exhibit 121: FUGU Luggage Inc. - Key offerings
            • 11.8 Genius Brands LLC
              • Exhibit 122: Genius Brands LLC - Overview
              • Exhibit 123: Genius Brands LLC - Product / Service
              • Exhibit 124: Genius Brands LLC - Key offerings
            • 11.9 Heys America Ltd.
              • Exhibit 125: Heys America Ltd. - Overview
              • Exhibit 126: Heys America Ltd. - Product / Service
              • Exhibit 127: Heys America Ltd. - Key offerings
            • 11.10 Horizn Studios GmbH
              • Exhibit 128: Horizn Studios GmbH - Overview
              • Exhibit 129: Horizn Studios GmbH - Product / Service
              • Exhibit 130: Horizn Studios GmbH - Key offerings
            • 11.11 Kenneth Cole Productions Inc.
              • Exhibit 131: Kenneth Cole Productions Inc. - Overview
              • Exhibit 132: Kenneth Cole Productions Inc. - Product / Service
              • Exhibit 133: Kenneth Cole Productions Inc. - Key offerings
            • 11.12 The LVMH group
              • Exhibit 134: The LVMH group - Overview
              • Exhibit 135: The LVMH group - Business segments
              • Exhibit 136: The LVMH group - Key offerings
              • Exhibit 137: The LVMH group - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 138: Inclusions checklist
                • Exhibit 139: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 140: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 141: Research methodology
                • Exhibit 142: Validation techniques employed for market sizing
                • Exhibit 143: Information sources
              • 12.5 List of abbreviations
                • Exhibit 144: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Smart Carry-on Bags Market market growth will increase by $281.93 mn during 2022-2026.
              The smart carry-on bags market market is expected to grow at a CAGR of 6.53% during 2022-2026.
              Technavio has segmented the smart carry-on bags market market by technology (USB charging and Others) ,distribution channel (Offline, Online, APAC, South America, and MEA) , and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              Airwheel Holding Ltd., Andiamo Luggage, Arlo Skye Inc., Chester Travels, COWAROBOT, DELSEY, E CASE, FUGU Luggage Inc., Genius Brands LLC, Heys America Ltd., Horizn Studios GmbH, JRSK Inc., Kenneth Cole Productions Inc., Samsara Luggage, Samsonite International S.A., The Carriall Co., The LVMH group, Travelers Club, Travelpro Products Inc., Victorinox AG, Xindao BV are a few of the key vendors in the smart carry-on bags market market.
              North America will register the highest growth rate of 35% among the other regions. Therefore, the smart carry-on bags market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the smart carry-on bags market market growth are:
              • Premiumization through product innovation
              • Advent of e-commerce
              The smart carry-on bags market market vendors should focus on grabbing business opportunities from the usb charging segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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