According to Cognitive Market Research, the global Baggage Carousel Market size will be USD xx million in 2024. It will expand at a compound annual growth rate (CAGR) of 14.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD xx million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.1% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.3% from 2024 to 2031.
The airport segment held the highest Baggage Carousel Market revenue share in 2024.