Sports Luggage Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2025
The global sports luggage market size has been valued at USD 2.47 billion in 2025, expanding at a CAGR of 3.5% over the forecast period, according to Grand View Research, Inc. Rising interest and participation in sports is the primary factor driving the demand. The growing obesity epidemic, especially in the young generation, is boosting participation in sports. Moreover, factors such as growing sports tourism along with increasing interest to get broadcasted in various media channels are anticipated to drive the market growth. As per a study conducted by Aspen Institute, 35.0% of males and 39.5% of females in the U.S. are overweight. A high percentage of obesity among children from the age of 5 to 17 years is expected to drive participation in sports. As per the Sports & Fitness Industry Association (SFIA), the percentage of children with no physical activity has been dropping consistently. As such, a rise in sports activities in the U.S. and other parts of the world indicates a significant growth opportunity for the sports luggage market. Increasing sports expenditure owing to rising disposable income is likely to boost the demand for sports luggage over the forecasted period. Also, the companies focus on sponsorships and partnerships to gain traction, which is a major factor driving the market. For instance, in 2019, Nike extended their technical partnership with Brighton and Hove Albion for three years to supply playing and training kit to the men’s and women’s teams in the Premier League. In January 2016, Dwayne Johnson entered into a partnership with Under Armour and launched