Mar 3, 2025
IndexBox has just published a new report: Australia – Luggage And Handbags – Market Analysis, Forecast, Size, Trends and Insights.
Driven by increasing demand, the luggage and handbags market in Australia is expected to experience a steady growth trend with a projected CAGR of +1.4% in volume and +1.7% in value from 2024 to 2035. This growth is anticipated to bring the market volume to 57M units and the market value to $906M by the end of 2035.
Market Forecast
Driven by increasing demand for luggage and handbags in Australia, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.4% for the period from 2024 to 2035, which is projected to bring the market volume to 57M units by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.7% for the period from 2024 to 2035, which is projected to bring the market value to $906M (in nominal wholesale prices) by the end of 2035.
Consumption
Australia’s Consumption of Luggage And Handbags
In 2024, consumption of luggage and handbags increased by 4.2% to 48M units, rising for the fourth year in a row after two years of decline. The total consumption volume increased at an average annual rate of +1.3% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, consumption reached the peak volume in 2024 and is expected to retain growth in the near future.
The value of the luggage market in Australia contracted slightly to $756M in 2024, waning by -4.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a pronounced increase from 2013 to 2024: its value increased at an average annual rate of +3.2% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -5.6% against 2022 indices. As a result, consumption attained the peak level of $800M. From 2023 to 2024, the growth of the market remained at a lower figure.
Production
Australia’s Production of Luggage And Handbags
For the fourth year in a row, Australia recorded growth in production of luggage and handbags, which increased by 0% to 4.8M units in 2020. Overall, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2015 when the production volume increased by 273% against the previous year. Luggage production peaked at 11M units in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.
In value terms, luggage production amounted to $276M in 2020 estimated in export price. In general, production continues to indicate a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 296%. Over the period under review, production hit record highs at $437M in 2013; however, from 2014 to 2020, production remained at a lower figure.
Imports
Australia’s Imports of Luggage And Handbags
In 2024, supplies from abroad of luggage and handbags increased by 3.8% to 50M units, rising for the fourth year in a row after two years of decline. Over the period under review, total imports indicated a noticeable increase from 2013 to 2024: its volume increased at an average annual rate of +3.9% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports increased by +71.2% against 2020 indices. The pace of growth was the most pronounced in 2022 when imports increased by 30%. Imports peaked in 2024 and are expected to retain growth in the near future.
In value terms, luggage imports dropped to $796M in 2024. In general, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2022 when imports increased by 39%. As a result, imports reached the peak of $892M. From 2023 to 2024, the growth of imports failed to regain momentum.
Imports By Country
In 2023, China (40M units) constituted the largest luggage supplier to Australia, accounting for a 84% share of total imports. Moreover, luggage imports from China exceeded the figures recorded by the second-largest supplier, India (4.5M units), ninefold.
From 2013 to 2023, the average annual growth rate of volume from China stood at +3.6%.
In value terms, China ($277M) constituted the largest supplier of luggage and handbags to Australia, comprising 32% of total imports. The second position in the ranking was taken by India ($29M), with a 3.4% share of total imports.
From 2013 to 2023, the average annual rate of growth in terms of value from China amounted to +2.2%.
Imports By Type
Handbags with outer surface of plastic sheeting or of textile materials (23M units), cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials (15M units) and travel sets; for personal toilet, sewing, shoe or clothes cleaning (7.5M units) were the main products of luggage imports to Australia, with a combined 91% share of total imports.
From 2013 to 2024, the biggest increases were recorded for handbags with outer surface of plastic sheeting or of textile materials (with a CAGR of +6.1%), while purchases for the other products experienced more modest paces of growth.
In value terms, handbags with outer surface of leather, composition leather, or patent leather ($362M), cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials ($205M) and handbags with outer surface of plastic sheeting or of textile materials ($199M) were the most imported types of luggage and handbags in Australia, with a combined 96% share of total imports. Cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of leather, of composition leather or of patent leather, travel sets; for personal toilet, sewing, shoe or clothes cleaning, cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of vulcanised fibre or of paperboard and handbags with outer surface of vulcanised fibre or of paperboard lagged somewhat behind, together accounting for a further 3.8%.
In terms of the main product categories, handbags with outer surface of vulcanised fibre or of paperboard, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other products experienced more modest paces of growth.
Import Prices By Type
In 2024, the average luggage import price amounted to $16 per unit, falling by -10.1% against the previous year. Over the last eleven years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2015 an increase of 19%. The import price peaked at $20 per unit in 2022; however, from 2023 to 2024, import prices failed to regain momentum.
Prices varied noticeably by the product type; the product with the highest price was handbags with outer surface of leather, composition leather, or patent leather ($151 per unit), while the price for travel sets; for personal toilet, sewing, shoe or clothes cleaning ($1.1 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of leather, of composition leather or of patent leather (+11.3%), while the prices for the other products experienced more modest paces of growth.
Import Prices By Country
In 2023, the average luggage import price amounted to $18 per unit, shrinking by -9.3% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 19%. The import price peaked at $20 per unit in 2022, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($6.9 per unit), while the price for India totaled $6.4 per unit.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (-1.3%).
Exports
Australia’s Exports of Luggage And Handbags
In 2024, shipments abroad of luggage and handbags decreased by -7.8% to 1.3M units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by 139% against the previous year. As a result, the exports attained the peak of 2.2M units. From 2023 to 2024, the growth of the exports remained at a somewhat lower figure.
In value terms, luggage exports stood at $61M in 2024. In general, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 45%. Over the period under review, the exports reached the peak figure in 2024 and are likely to continue growth in the near future.
Exports By Country
New Zealand (763K units) was the main destination for luggage exports from Australia, with a 56% share of total exports. Moreover, luggage exports to New Zealand exceeded the volume sent to the second major destination, the United States (156K units), fivefold. The third position in this ranking was taken by Singapore (95K units), with a 7% share.
From 2013 to 2023, the average annual rate of growth in terms of volume to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-3.5% per year) and Singapore (+18.0% per year).
In value terms, Singapore ($14M), New Zealand ($13M) and Hong Kong SAR ($8M) appeared to be the largest markets for luggage exported from Australia worldwide, with a combined 63% share of total exports. The United States, the UK, Japan, Thailand, the Netherlands, China, Malaysia, Turkey, Fiji and the United Arab Emirates lagged somewhat behind, together comprising a further 18%.
Thailand, with a CAGR of +49.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports By Type
Travel sets; for personal toilet, sewing, shoe or clothes cleaning (337K units), handbags with outer surface of plastic sheeting or of textile materials (314K units) and cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials (168K units) were the main products of luggage exports from Australia, together comprising 66% of total exports.
From 2013 to 2024, the biggest increases were recorded for handbags with outer surface of plastic sheeting or of textile materials (with a CAGR of +10.9%), while shipments for the other products experienced more modest paces of growth.
In value terms, handbags with outer surface of leather, composition leather, or patent leather ($27M) remains the largest type of luggage and handbags exported from Australia, comprising 45% of total exports. The second position in the ranking was taken by handbags with outer surface of plastic sheeting or of textile materials ($13M), with a 21% share of total exports. It was followed by cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials, with a 15% share.
From 2013 to 2024, the average annual rate of growth in terms of the value of handbags with outer surface of leather, composition leather, or patent leather exports stood at +17.9%. With regard to the other exported products, the following average annual rates of growth were recorded: handbags with outer surface of plastic sheeting or of textile materials (+16.2% per year) and cases and containers; trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials (+6.1% per year).
Export Prices By Type
In 2024, the average luggage export price amounted to $49 per unit, picking up by 22% against the previous year. Overall, the export price recorded buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 222% against the previous year. As a result, the export price reached the peak level of $56 per unit. From 2021 to 2024, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the product type; the product with the highest price was handbags with outer surface of leather, composition leather, or patent leather ($206 per unit), while the average price for exports of travel sets; for personal toilet, sewing, shoe or clothes cleaning ($2.8 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for the following types: handbags with outer surface of vulcanised fibre or of paperboard (+19.5%), while the prices for the other products experienced more modest paces of growth.
Export Prices By Country
In 2023, the average luggage export price amounted to $40 per unit, surging by 72% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 222%. As a result, the export price attained the peak level of $56 per unit. From 2021 to 2023, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($249 per unit), while the average price for exports to Turkey ($15 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform
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