Travel accessories: Trends and business potential 2024
Travel accessories are important products in every trip. Underneath the strong revival and explosion of the post-Covid tourism market, these niche products are also widely welcomed by the market. Signs of strong growth potential in the future.
1. What are travel accessories?
Travel accessories are items or support equipment used for long trips. These products help users move to all areas in the most comfortable, safe and convenient way.
Some types of travel accessories that people often use when going on long trips or short/long trips are: Travel bags/suitcases; bedding sets; Personal hygiene items, electronic devices, etc. These are all items that meet the most essential needs for people.
2. The role of tourism events
Rich in role, travel accessories provide a level of prioritization in the travel experience for consumers. It plays an important role in bringing comfort and ease throughout the trip to everyone. Not only that, tourism events also provide convenience and the entire conversion process.
For example: Travel backpacks help people keep personal belongings neat and convenient for carrying/carrying when traveling. Meanwhile, users' personal first aid tools can quickly solve unexpected health problems.
Travel accessories are experiencing breakthrough growth after the Covid epidemic
3. Update tourism trends in 2024
After the pandemic, global tourism demand quickly returned and grew strongly. The change in people's concepts and psychology after the Covid epidemic has led to the emergence and formation of many interesting tourism trends.
3.1. Sleep travel
The cycle of work and life has eroded not only people's physical health but also their mental health. Therefore, the trend of sleep tourism appears as a physical and mental healing therapy for workers.
Changing your resting place and getting some deep sleep is an extremely effective battery charger. This leads to travel accessories such as sleeping pillows, eye masks or noise-canceling headphones becoming the top choice, helping to support users' optimal rest.
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3.2. Travel combined with remote working
Also since the covid-19 epidemic, the form of work for home (working from home) has become the preferred and preferred form of workers. With the trend of working remotely, many people have taken advantage of combining travel and vacation time with work activities.
The trend of traveling combined with remote working helps people create the most flexible and dynamic environment to help them rest and work more effectively. Thanks to that, people can balance work and personal life, increasing work efficiency.
Power banks, noise-canceling headphones, shockproof backpacks, etc. have become favorite items for travelers who choose this travel trend. They both help move and work easily and integrate entertainment conveniently.
3.3. Travel to explore cuisine
Not only is it a part of travel, cuisine is also an attractive, wonderful and irreplaceable experience on every trip. Discovering local cuisine becomes a top priority, opening up a new and unique world for all visitors.
4. Market potential for exported travel accessories
The global Travel Accessories market is valued at USD 48.2 billion in 2021 and is expected to reach USD 95.7 billion by 2031, growing at a CAGR of 6.4% during 2022-2031 . This is a stable growth rate and will open up a large development market in the long term (according to PR Newswire, 2024).
In particular, the Travel Bag category leads the market with nearly 20 billion USD in sales by 2021. The compound annual growth rate of the category is forecast to reach 5.8%, and will reach a scale of 37.5 billion USD by 2031.
Notably, Asia-Pacific is the main market with the largest market share and is expected to grow with a CAGR of 7.1% in the period 2023-2033. Growing people's income, affordable travel costs, increased demand and spending power for tourism or countless unique beautiful locations are the main reasons driving the growth of travel accessory sales here.
The above numbers clearly outline the huge potential of tourism in general and travel accessories in particular. Because accessories are factors that help optimize the travel experience and the demand for them is increasing.
5. Some travel accessories sell well on Amazon
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Travel bag: The most sought after accessory by travel consumers thanks to its versatility and usefulness. Large capacity, compact and maximizes space, this bag easily meets all user needs.
Besides, travel bags are more affordable than suitcases; diverse designs and sizes. In addition, it can also be easily applied to many other activities in life: going to the gym, picnic,...
Bag for personal hygiene items: An indispensable item on every trip, especially for women. This product will help people easily organize and preserve mini products: makeup, keys, cosmetics,...
Good growth in search volume for some best-selling travel accessory models
Clothes folding bags: Popular for their convenience, clothes folding bags not only help divide and organize clothes for easy finding; The product also protects them from being wrinkled. In addition, with durable yet lightweight material, it also reduces luggage weight, making it easier to carry when traveling.
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In addition, there are many best-selling travel accessory models on Amazon that sellers can refer to when choosing products to sell: smart suitcases, international power sockets, luggage security locks, multi-charging stations. features,... Download the complete product selection guide report for the North American market here.
6. Conclusion
The travel accessories market, especially international tourism, is going through a period of strong growth and will grow even more in the future. Therefore, this is a potential product niche that businesses should research and expand in the distant future.
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