The size of the global kids trolley bags market is expected to grow at a CAGR of 8.6% from 2024 to 2029 and be worth USD 635.37 million by 2029 from USD 420.6 million in 2024.
Kids trolley bags are luggage containers intended for children to carry travel supplies such as clothing, toiletries, essentials, and souvenirs on the return trip. There are two types of children's trolley bags, namely hard suitcases and soft suitcases. Most children's wheeled suitcases are made from a variety of materials such as wool, wood, leather, metal, plastic, fiber composites, and even recycled materials. These suitcases are very light and have a sporty wheel mechanism, allowing small children to carry them easily. These trollies are gaining popularity with children all over the world due to their cartoon-printed appearance and convenience.
Global Kids Trolley Bags Market Drivers:
The travel and tourism industry has seen an increase in its growth patterns due to changes in lifestyle trends, as well as an increase in disposable income between generations. The changing consumer preference for spending money on travel compared to other activities has drastically driven the growth of the kids trolley bags market. In addition, children who travel to different places experience fun and excitement in carrying their own backpacks or dragging their suitcases to the airport. An increase in demand for ultralight suitcases is fuelling the growth of the global kids trolley bags market. The growth of the tourism industry due to the increased consumer interest in tourism is favoring the growth of the global market. In addition, the change in lifestyle due to urbanization in emerging countries is also a driver of market growth.
The kids trolley bags market has gained ground in emerging regions, due to the increase in the affluent population. In addition, the growing demand for ultra-light bags with wheels is driving the growth of the global market for kid's trolley bags with wheels. Also, the increased growth of the tourism industry due to rising consumer interest in travel and lifestyle changes due to urbanization in emerging countries is also driving the growth of the global market. Furthermore, the increasing demand for trendy wheeled bags and the increasing popularity of wheeled bags among children in emerging regions are expected to provide opportunities for the growth of the kid's trolley bags market in the future. The rising need for ultralight trolley bags is also promoting the growth of the global market.
Global Kids Trolley Bags Market Restraints:
The ease of access to counterfeit products is majorly hampering the growth of the kids trolley bags market.
Impact of COVID-19 on the global kids trolley bags market:
Since the coronavirus outbreak in December 2019, the disease has spread to nearly 100 countries around the world and the World Health Organization has declared it a public health emergency. The global impacts of Coronavirus Disease 2019 (COVID-19) are already starting to be felt and will significantly affect the market for kids' trolley bags in 2020. The strict lockdown conditions that halted traveling between different countries have resulted in the declined usage of trolley bags and other luggage. The kid's trolley bags market is estimated to take some time to resume back to its earlier state.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
8.6% |
Segments Covered |
Based on Type, Distribution channel and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Market Leaders Profiled |
Cabin Max, DC Comics (the Araca Group), Disney, Micro Mobility Systems AG, Samsonite, Trunki, VIP and Wildkin |
This research report on the global kids trolley bags market has been segmented and sub-segmented based on type, distribution channel and region.
Global Kids Trolley Bags Market – By Type:
Global Kids Trolley Bags Market – By Distribution Channel:
Based on distribution channel, the online segment is expected to grow at the fastest CAGR of 16.1% during the forecast period in the global market. The growth in the workforce has resulted in a greater inclination towards online shopping for convenience and time-saving features. In addition, the growing trend of round-trip travel prompts parents of children to purchase different types of luggage, especially for children, due to increased awareness. Therefore, online channels provide wider access to products in all countries on one website, improving the entire shopping experience for customers. For example, brands like Samsonite, Skip Hop, and Trunki offer their products on online portals like Amazon.com. In addition, the attractive offers, and discounts available in online shopping led consumers to opt for this channel for purchasing products, mainly driven by millennials.
Global Kids Trolley Bags Market – By Region:
Among these, Europe is the most important regional market for trolley bags. This can be credited to the improved retail infrastructure and augmented adoption of wheeled bags among children because of increased advertising and celebrity endorsements. Additionally, increased consumer spending on children's products also adds to the popularity of kids' trolley bags in this area. However, the Asia-Pacific is expected to grow at the highest CAGR during the outlook period, due to the rapid improvement in retail infrastructure and increased disposable income of consumers in this locale.
KEY MARKET PLAYERS:
The market participants in the kid's trolley bags market have embraced product launches as a key development strategy to increase profitability and improve the market position of children's rolling bags. Some of the main players analyzed in this report are Cabin Max, DC Comics (the Araca Group), Disney, Micro Mobility Systems AG, Samsonite, Trunki, VIP and Wildkin.
Frequently Asked Questions
The global kids trolley bags market is expected to be valued at USD 420.6 Mn in 2024.
North America, Europe, and Asia-Pacific are the major contributors to the global market share of kids' trolley bags, with increasing demand for stylish and functional products.
The COVID-19 pandemic initially led to disruptions in the supply chain, but the market has shown resilience, with a focus on hygiene features and durable materials in response to changing consumer priorities.
Cabin Max, DC Comics (the Araca Group), Disney, Micro Mobility Systems AG, Samsonite, Trunki, VIP and Wildkin are some of the notable companies in the global kids trolley bags market.
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