The surge in popularity of budget airlines has dramatically reshaped the U.S. air travel landscape, sparking a $6 billion boom in the carry-on luggage market. As more travelers seek affordable flights, the demand for compact, stylish, and functional luggage has skyrocketed, driving innovation in both design and functionality.
A Booming Market
According to Verified Market Research, the carry-on luggage market, valued at approximately $5.57 billion in 2023, is projected to grow to $8.36 billion by 2030. This significant rise reflects a growing preference for smaller, more efficient luggage, driven largely by budget airline passengers eager to avoid rising baggage fees.
“Budget airlines have significantly shaped our approach to product design,” said Mahendra Singh, CEO of Classy Leather Bags. “There’s a clear demand for minimalist, multi-functional bags that meet airline size restrictions without compromising on quality or style.”
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