Kids Trolley Bags Market to Grow at 8.57% CAGR during 2023-2028

PRESS RELEASE
Published April 20, 2023

According to the latest report by IMARC Group “Kids Trolley Bags Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028“, The global kids trolley bags market size reached US$ 451.85 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 743.63 Million by 2028, exhibiting a growth rate (CAGR) of 8.57% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Kids trolley bags refer to wheeled luggage containers designed for kids to carry essentials during trips. They are manufactured using wood, leather, metal, plastic, fiber composites, and other materials. Kids trolley bags consist of handles and wheels that allow children to pull them easily. They prove extremely useful for school trips, vacations, sleepovers, and trips to visit family or friends, as they provide a convenient means for children to carry their belongings, including clothes, toiletries, and accessories. These bags are lightweight, sturdy, and flexible and exhibit water, stain, scratch, ultraviolet (UV) rays, and wear and tear resistance. Consequently, kids trolley bags are in extensive demand across the globe.

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Kids Trolley Bags Market Trends:

The expanding tourism industry, the increasing popularity of family vacations with kids, and the shifting preferences among parents toward making their children more independent by giving them a sense of responsibility for their belongings are among the key factors driving the kids trolley bags market. Additionally, the launch of innovative product variants made employing eco-friendly materials, natural and organic fabric dyes, and recycled leather by leading market players is acting as another significant growth-inducing factor. In line with this, the introduction of products in multiple color combinations, fun designs, and prints of cartoon characters, such as Disney princess, mickey mouse, avengers collection, etc., is also positively influencing the market growth. Moreover, the development of products integrated with global positioning system (GPS) devices with a built-in SIM card, which utilizes cellular networks to transmit the bag's location to the parent's smartphone, is further stimulating the global market. Besides this, the rising investments in aggressive promotional activities by various manufacturers and the growing product availability across e-commerce platforms are expected to bolster the kids trolley bags market in the coming years.

Report Segmentation:

The report has segmented the market into the following categories:

Type Insights:

  • Hard Luggage
  • Soft Luggage

Distribution Channel Insights:

  • Specialty Stores
  • Supermarkets and Hypermarkets
  • Online Stores
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape:

  • Cabin Max
  • Micro Mobility Systems AG
  • Smiggle (The Just Group)
  • Stephen Joseph Inc.
  • The Disney Store (The Walt Disney Company)
  • Trunki Ltd
  • Wildkin

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