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Anti-theft Luggage (Anti-cut Luggage) Market Size [2031]

Global Anti-theft Luggage (Anti-cut Luggage) Market

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Segments - By Product Type (Backpack, Crossbody, Messenger Bag, Heritage Tote, and Others), By Distribution Channel (Offline and Online), and By Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2030

ICT-SE-5293
4.4 Rating
186 Pages

12-03-2023
83 Reviews

Author:

Raksha Sharma

Fact-checked by:

Amulya Agarwal

Editor:

Shruti Bhat

Report Description

Market Outlook:

The Global Anti-theft Luggage (Anti-cut Luggage) Market was estimated at USD 3,480.0 million in 2021 and is anticipated to reach USD 6,426.4 million by 2030, expanding at a CAGR of 7.5% during the forecast period.An anti-theft bag is a purse, backpack, or luggage with built-in safety features. It is designed to prevent theft. Anti-theft bags are referred to as theft-proof bags or slash-proof bags.

These luggage bags have different technical features such as Bluetooth, GPS, Wi-Fi, and built-in battery. The bags have a sleek design and are made of durable and theft-proof materials that make them appealing and stylish. These bags are widely popular among people, due to their notch-proof, polyester fabric, which prevents thieves from nicking the material and stealing something from the bag.

These luggage bags are light in weight and have a removable battery. These bags are manufactured in accordance with the rules and regulations of airlines. Increasing penetration of the internet and changes in the needs and demands of people are leading to innovations in bags. Anti-theft luggage is an upgraded version of traditional luggage with enhanced comfort.

Macro-economic Factors

GDP

Gross domestic product (GDP) is the standard measure of the value added through the production of goods and services in a country during a certain period. The growing purchasing power of consumers is fuelling economic growth across the globe. Increasing GDP and purchasing power across the globe are raising the demand for consumer goods, which is expected to boost the anti-theft luggage market in the coming years.

Product Demand

Consumers are shifting towards anti-theft luggage, owing to its various characteristics, including slash-resistant body, RFID blocking, and others. The luggage industry is adopting automation in the manufacturing process of anti-theft luggage to reduce the cost of production. High demand for anti-theft luggage among consumers as a result of changing lifestyles across the globe is expected to drive the market during the forecast period.

Tourism Industry

Rising per capita income is propelling the global tourism industry, resulting in a continual expansion in international tourism. Tourism in growing economies, particularly in Latin America and Asia, fueled the global tourist industry during the last five years. The global tourism industry has transformed in the last decade. Developing economies hold a large market share than industrialized economies. Increasing education opportunities in various countries and rising travel and tourism are contributing to the growth of the global anti-theft luggage market.

Market Dynamics

Market Driver- Rising Technological Advancements in anti-theft luggage

Major players in the anti-theft luggage market are anticipated to introduce technologies in anti-theft luggage and start fashion trends. The introduction of a variety of sizes and designs of heritage totes, trolley bags, duffel bags, messenger bags, and clutch bags is expected to propel the market. Anti-theft luggage is gaining traction in recent times and is projected to boost luggage sales.

Anti-theft luggage has features such as Radio-frequency identification (RFID) Blocking, locking compartments, notch-proof fabric, 360-degree wheels, heavy-duty zippers, secret pockets, slash and cut-proof straps, a digital locking system controlled by a smartphone, a GPS tracking system, smartphone & Bluetooth connectivity, an alert system, water-resistant material, dedicated compartments for a particular item, and lock down straps.

Manufacturers of anti-theft luggage are collaborating with technology companies. For instance, Samsonite International has collaborated with Google to launch a device (Track&Go) that aids in tracking and locating luggage. These factors are expected to drive the market in the coming years.

Market Driver- Growing Investment in Product Promotion

Market Product promotion helps to improve the opinions of customers towards the product and the company. It helps drive sales and increase revenue to cover initial research and development costs, manufacturing costs, and product trials. A carefully planned promotional campaign generates large profits once the product gains attention. Marketers tend to focus on the features of the products during promotional campaigns. Demand for technologically advanced, safe, easy-to-use, and durable anti-theft luggage is highly gaining traction from consumers.

Anti-theft luggage has remote lock systems, GPS locator, locking compartments, notch-proof fabric, remote or app-enabled controls, and Wi-Fi or Bluetooth connectivity. These multifunctional and high-tech features of anti-theft luggage, along with its easy availability, make it a technologically advanced alternative to conventional luggage. The promotion of anti-theft luggage as a technologically advanced alternative to conventional luggage is driving the market.

Market Restraint- Availability of Substitutes and Instability in Prices

Substitutes provide choices and alternatives for consumers while creating competition and reducing prices in the market, thus hampering the global anti-theft luggage bag market. Smart bags are an ideal substitute for anti-theft luggage. Smart luggage has an anti-theft feature, an interior battery, and the ability to charge a mobile device from the exterior USB port on the luggage.

Anti-theft luggage has remote lock systems, locking compartments, notch-proof fabric, remote or app-enabled controls, and Wi-Fi or Bluetooth connectivity. Prices of anti-theft luggage fluctuate, due to the volatility of raw material prices. The main determinants that affect the prices of anti-theft luggage are product cost, utility, demand, the extent of competition in the market, government and legal regulations, and pricing objectives. These factors are projected to restrain market growth in the coming years.

Market Opportunity- Rising Environmental Concerns Associated with Cut-resistant Textile Materials

Anti-theft luggage is made from notch-proof fabric, which prevents thieves from nicking the material and stealing anything from the bag. Some types of high-performance fibers commonly used in cut-resistant textile materials include polyethylene fiber and P-benzoxazole polyester fiber. Various types of polyethylene fiber include VLDPE, LDPE, and others.

Polyethylene fiber is not biodegradable and takes hundreds of years to decompose. It releases toxic chemicals and greenhouse gases into the environment during decomposition. Polyethylene fabrics release plastic microfibers into the environment as well as toxic chemicals that harm workers and ecosystems surrounding manufacturing facilities.

Microplastics and volatile compounds poison plants, crops, and entire food chains. They cause harm to the environment and endanger human lives. Many toxic substances are used in the manufacture of polyethylene fabric. They are difficult to fully recover and reuse. Regulations concerning environmental protection are strict in countries such as the US, the UK, China, Japan, and Germany. Hazardous chemicals are not handled or disposed of correctly, resulting in the destruction of wildlife, marine life, and local communities. These factors are expected to hinder the market growth during the forecast period.

Scope of the Report

The report on the global Anti-theft Luggage (Anti-cut Luggage) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Anti-theft Luggage (Anti-cut Luggage) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2021
Historic Data	2015 - 2020
Forecast Period	2022–2030
Segmentation	By Product Type (Backpack, Crossbody, Messenger Bag, Heritage Tote, and Others), By Sales Channel (Offline and Online), By Distribution Channel (Online and Offline)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	Baggallini, The Carriall Co., METODO, Pacsafe, Safari Industries (India) Ltd., SHERPANI, Targus, Travelon, Nordace Limited., Samsonite, and Others

Segmental Outlook

Based on product types, On the basis of product type, the global anti-theft luggage (anti-cut luggage) market is segmented into backpacks, crossbody, messenger bags, heritage totes, and others. The backpack segment is expected to expand at a CAGR of 7.8% from 2022 to 2030, owing to the lightweight nature of backpacks. Consumers prefer backpacks, due to their better resistance and small size.

In terms of distribution channels, the global anti-theft luggage (anti-cut luggage) market is segmented into online and offline. The offline segment is further segmented into supermarkets/hypermarkets, specialty stores, convenience stores, and others. The online segment held a market share of 46.6% in 2021 and is expected to expand at a high CAGR of 4.2% during 2022-2030. The market is driven by factors such as increased Internet connectivity, growing adoption of mobile internet devices, and rising consumer awareness.

Regional Outlook

Based on regions, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held 31.9% market share in 2021 and is projected to expand at a significant CAGR during the forecast period, due to increased consumption of technologically advanced products in the region. The increasing adoption of travel goods in North America is driving the market in the region.

Additionally, Asia Pacific held a 26.6% market share in 2021 owing to the presence of a large number of manufacturers of anti-theft luggage (anti-cut luggage) in several countries, such as China and Japan.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Anti-theft Luggage (Anti-cut Luggage) Market
Historical, Current, and Projected Market Size in terms of Value
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Anti-theft Luggage (Anti-cut Luggage) Market Performance

Segments

By Product Type

Backpack
Crossbody
Messenger Bag
Heritage Tote
Others

By Distribution Channel

Online
Offline

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Market Players Profiled in the Report

Eagle Creek
METODO
Nordace Limited.
Pacsafe
R.G. Barry Corporation (Baggallini)
Safari Industries (India) Ltd.
Samsonite
SHERPANI
Targus
The Carriall Co.
Travelon

Competitive Landscape

Manufacturers operating in the global Anti-theft Luggage (Anti-cut Luggage) market are Eagle Creek, METODO, Nordace Limited., Pacsafe, R.G. Barry Corporation (Baggallini), Safari Industries (India) Ltd., Samsonite, SHERPANI, Targus, The Carriall Co., and Travelon
Market Players are pursuing key strategies such as acquisitions, collaborations, and geographic expansion where a potential opportunity arises for the global Anti-theft Luggage (Anti-cut Luggage) market.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Anti Theft Luggage (Anti-Cut Luggage) Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Anti Theft Luggage (Anti-Cut Luggage) Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Anti Theft Luggage (Anti-Cut Luggage) Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Anti Theft Luggage (Anti-Cut Luggage) Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Anti Theft Luggage (Anti-Cut Luggage) Market Size & Forecast, 2015-2030
      4.5.1 Anti Theft Luggage (Anti-Cut Luggage) Market Size and Y-o-Y Growth
      4.5.2 Anti Theft Luggage (Anti-Cut Luggage) Market Absolute $ Opportunity
   4.6 Global Anti Theft Luggage(Anti-cut Luggage): Technological Advancements
Chapter 5 Global Anti Theft Luggage (Anti-Cut Luggage) Market Analysis and Forecast By Product Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Product Type
      5.1.2 Basis Point Share (BPS) Analysis By Product Type
      5.1.3 Absolute $ Opportunity Assessment By Product Type
   5.2 Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Product Type
      5.2.1 Backpack
      5.2.2 Crossbody
      5.2.3 Messenger Bag
      5.2.4 Heritage Tote
      5.2.5 Others
   5.3 Market Attractiveness Analysis By Product Type
Chapter 6 Global Anti Theft Luggage (Anti-Cut Luggage) Market Analysis and Forecast By Distribution Channel
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Distribution Channel
      6.1.2 Basis Point Share (BPS) Analysis By Distribution Channel
      6.1.3 Absolute $ Opportunity Assessment By Distribution Channel
   6.2 Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Distribution Channel
      6.2.1 Online
      6.2.2 Offline
         6.2.2.1 Supermarkets/Hypermarkets
         6.2.2.2 Speciality Stores
         6.2.2.3 Convenience Stores
         6.2.2.4 Others
   6.3 Market Attractiveness Analysis By Distribution Channel
Chapter 7 Global Anti Theft Luggage (Anti-Cut Luggage) Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Anti Theft Luggage (Anti-Cut Luggage) Analysis and Forecast
   9.1 Introduction
   9.2 North America Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Product Type
      9.6.1 Backpack
      9.6.2 Crossbody
      9.6.3 Messenger Bag
      9.6.4 Heritage Tote
      9.6.5 Others
   9.7 Basis Point Share (BPS) Analysis By Product Type
   9.8 Absolute $ Opportunity Assessment By Product Type
   9.9 Market Attractiveness Analysis By Product Type
   9.10 North America Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Distribution Channel
      9.10.1 Online
      9.10.2 Offline
         9.10.2.1 Supermarkets/Hypermarkets
         9.10.2.2 Speciality Stores
         9.10.2.3 Convenience Stores
         9.10.2.4 Others
   9.11 Basis Point Share (BPS) Analysis By Distribution Channel
   9.12 Absolute $ Opportunity Assessment By Distribution Channel
   9.13 Market Attractiveness Analysis By Distribution Channel
Chapter 10 Europe Anti Theft Luggage (Anti-Cut Luggage) Analysis and Forecast
   10.1 Introduction
   10.2 Europe Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Product Type
      10.6.1 Backpack
      10.6.2 Crossbody
      10.6.3 Messenger Bag
      10.6.4 Heritage Tote
      10.6.5 Others
   10.7 Basis Point Share (BPS) Analysis By Product Type
   10.8 Absolute $ Opportunity Assessment By Product Type
   10.9 Market Attractiveness Analysis By Product Type
   10.10 Europe Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Distribution Channel
      10.10.1 Online
      10.10.2 Offline
         10.10.2.1 Supermarkets/Hypermarkets
         10.10.2.2 Speciality Stores
         10.10.2.3 Convenience Stores
         10.10.2.4 Others
   10.11 Basis Point Share (BPS) Analysis By Distribution Channel
   10.12 Absolute $ Opportunity Assessment By Distribution Channel
   10.13 Market Attractiveness Analysis By Distribution Channel
Chapter 11 Asia Pacific Anti Theft Luggage (Anti-Cut Luggage) Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Product Type
      11.6.1 Backpack
      11.6.2 Crossbody
      11.6.3 Messenger Bag
      11.6.4 Heritage Tote
      11.6.5 Others
   11.7 Basis Point Share (BPS) Analysis By Product Type
   11.8 Absolute $ Opportunity Assessment By Product Type
   11.9 Market Attractiveness Analysis By Product Type
   11.10 Asia Pacific Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Distribution Channel
      11.10.1 Online
      11.10.2 Offline
         11.10.2.1 Supermarkets/Hypermarkets
         11.10.2.2 Speciality Stores
         11.10.2.3 Convenience Stores
         11.10.2.4 Others
   11.11 Basis Point Share (BPS) Analysis By Distribution Channel
   11.12 Absolute $ Opportunity Assessment By Distribution Channel
   11.13 Market Attractiveness Analysis By Distribution Channel
Chapter 12 Latin America Anti Theft Luggage (Anti-Cut Luggage) Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Product Type
      12.6.1 Backpack
      12.6.2 Crossbody
      12.6.3 Messenger Bag
      12.6.4 Heritage Tote
      12.6.5 Others
   12.7 Basis Point Share (BPS) Analysis By Product Type
   12.8 Absolute $ Opportunity Assessment By Product Type
   12.9 Market Attractiveness Analysis By Product Type
   12.10 Latin America Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Distribution Channel
      12.10.1 Online
      12.10.2 Offline
         12.10.2.1 Supermarkets/Hypermarkets
         12.10.2.2 Speciality Stores
         12.10.2.3 Convenience Stores
         12.10.2.4 Others
   12.11 Basis Point Share (BPS) Analysis By Distribution Channel
   12.12 Absolute $ Opportunity Assessment By Distribution Channel
   12.13 Market Attractiveness Analysis By Distribution Channel
Chapter 13 Middle East & Africa (MEA) Anti Theft Luggage (Anti-Cut Luggage) Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Product Type
      13.6.1 Backpack
      13.6.2 Crossbody
      13.6.3 Messenger Bag
      13.6.4 Heritage Tote
      13.6.5 Others
   13.7 Basis Point Share (BPS) Analysis By Product Type
   13.8 Absolute $ Opportunity Assessment By Product Type
   13.9 Market Attractiveness Analysis By Product Type
   13.10 Middle East & Africa (MEA) Anti Theft Luggage (Anti-Cut Luggage) Market Size Forecast By Distribution Channel
      13.10.1 Online
      13.10.2 Offline
         13.10.2.1 Supermarkets/Hypermarkets
         13.10.2.2 Speciality Stores
         13.10.2.3 Convenience Stores
         13.10.2.4 Others
   13.11 Basis Point Share (BPS) Analysis By Distribution Channel
   13.12 Absolute $ Opportunity Assessment By Distribution Channel
   13.13 Market Attractiveness Analysis By Distribution Channel
Chapter 14 Competition Landscape
   14.1 Anti Theft Luggage (Anti-Cut Luggage) Market: Competitive Dashboard
   14.2 Global Anti Theft Luggage (Anti-Cut Luggage) Market: Market Share Analysis, 2022
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Eagle Creek
      14.3.2 METODO
      14.3.3 Nordace Limited.
      14.3.4 Pacsafe
      14.3.5 R.G. Barry Corporation (Baggallini)
      14.3.6 Safari Industries (India) Ltd.
      14.3.7 Samsonite
      14.3.8 SHERPANI
      14.3.9 Targus
      14.3.10 The Carriall Co.
      14.3.11 Travelon

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FAQ Section

Some frequently asked quetions about this report!

1. Which is the base year calculated in the global Anti-theft Luggage (Anti-cut Luggage) market report and what is the analysis period?

The base year considered for the Global Anti-theft Luggage (Anti-cut Luggage) Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 20120 are the historic years, and the forecast is provided from 2022 to 2030.

2. What additional data analysis is available in a report?

In addition to market size (in US$ Million), Company Market Share (in % for the base year 2021), macroeconomic factors, and supply chain analysis.

3. What is the impact of COVID-19 on the overall market during the years 2019 -2020?

The global Anti-theft Luggage (Anti-cut Luggage) market was negatively impacted by the covid-19, owing to travel restrictions across the globe as well as considerable disruption in supply chain activities and several countries sealing off their international trade in the wake of the pandemic.