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Bags And Containers Market Size, Share & Trends Analysis Report By Type (Backpacks, Travel Bags, Sports Bags, Tote Bags), By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2028

May 2022 | 78 pages | ID: B75CAF9F82E6EN
Grand View Research, Inc.

US$ 5,950.00

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Bags And Containers Market Growth & Trends

The global bags and containers market size is expected to reach USD 56.86 billion by 2028, registering a CAGR of 5.6% during the forecast period, according to a new report by Grand View Research, Inc. Consumer’s increased inclination for the fashionable, trendy and lightweight bags designed for travel and tourism propels the bags & containers market growth.

The rapidly growing travel industry has opened up new global market opportunities for bags and containers. Furthermore, innovative and advanced product launches from manufacturing companies with GPS security features also propel the market growth. The growing use of backpacks in day-to-day life for various requirements is one of the major reasons for the backpacks market growth.

Rapidly growing urbanization, increase in disposable income, domestic and international travel and tourism are the major driving factors of bags and containers market growth. New product developments with added advanced features appeal to the large consumer base. Availability of the products in a variety of shapes and sizes, colors, and design patterns is one of the major factors, responsible for the market growth.

Bags & containers play a very important role in carrying clothes and other belongings while traveling, trekking, or shifting from one place to another. Duffel bags, backpacks, tote bags, and jewelry boxes; are the most commonly used types of bags and containers. Advanced and innovative product launches from top brands on a timely basis attract large populations. The easy availability of eco-friendly and sustainable products in the market will further propel the bags & containers market growth.

COVID-19 has negatively affected the bags & containers market, globally. The major fall in the travel and tourism industry throughout the pandemic period is the major reason for reduced sales. Country-wise lockdown, a complete ban on international traveling, in addition to closed shopping malls and retail stores hampered the bags & containers market growth.

However, as things get normal it is expected that the market gets momentum like in pre-pandemic times and will capture a significant market share in the coming years. In addition, consumers buying behavior majorly shifted from offline channels to online portals during the pandemic times, which influenced positively on the luggage market.

The sports bags and tote bags market expanding at the fastest speed by a CAGR of 6.0% from 2022 to 2028. Growing sports activities and health-conscious individuals lead to rising demand for sports bags in the international market. Furthermore, tote bags are getting popular to carry multiple belongings, as they are flexible and capable of accommodating multiple things. Premium and branded tote bags’ elevated demand will drive the segment’s market growth.

The offline channel accounted for the highest market share of more than 70.0% in the global market for bags & containers in 2021 and is expected to grow significantly during the forecast period. The growing chain of supermarkets and hypermarkets, the establishment of dedicated retail stores from top brands, and rapid urbanization propel the offline channels market growth. A large portion of the population still prefers to buy products by means of traditional manner, which leads to the growing market for bags & containers at offline stores.

Asia Pacific held the largest share in the global bags and containers market during 2021 and is estimated to be the fastest growing with a CAGR of 5.9%, during the forecast timeline. Rising domestic and international travelers, a number of the working population, easy availability of the top brands, and a rise in disposable income will boost the market growth. In addition, elevated demand for fashion trendy products further propels regional growth.

Bags And Containers Market Report Highlights
  • Asia Pacific accounted for the largest share of the global bags & containers market in 2021. Rising domestic and international travelers, number of the working population, easy availability of products, and rise in disposable income will boost the regional growth
  • Backpacks are accountable for the largest share in the bags & containers global market during 2021 and are estimated to be one of the fastest-growing segments during the forecast period. This can be credited to the rising demand for the backpacks due to their multipurpose uses in everyday life
  • North America market is estimated to grow with substantial speed during the forecast period. Changing lifestyles increased inbound and outbound travelers, and the grown trend of spending weekend holidays with friends and families propels the regional growth
  • Online segment is estimated to be the fastest-growing distribution channel at a CAGR of 6.0% from 2022 to 2028. Rising demand for the premium products through the e-commerce domain owes the segment’s growth
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Product Outlook
2.3. Application Outlook
2.4. Competitive Insights

CHAPTER 3. BAGS & CONTAINERS MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Technology Overview
3.5. Regulatory Framework
3.6. Market Dynamics
  3.6.1. Market Driver Analysis
  3.6.2. Market Restraint Analysis
  3.6.3. Industry Challenges
3.7. Business Environment Analysis
  3.7.1. Porter’s Five Forces Analysis
    3.7.1.1. Threat of new entrant
    3.7.1.2. Bargaining power of suppliers
    3.7.1.3. Bargaining power of buyers
    3.7.1.4. Threat of substitute
    3.7.1.5. Competitive Rivalry
  3.7.2. PESTLE Analysis
    3.7.2.1. Political Landscape
    3.7.2.2. Environmental Landscape
    3.7.2.3. Social Landscape
    3.7.2.4. Technology Landscape
    3.7.2.5. Economic Landscape
    3.7.2.6. Legal Landscape
  3.7.3. Major Deals & Strategic Alliances Analysis
3.8. Market Entry Strategies
3.9. Impact of COVID-19

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

CHAPTER 5. BAGS & CONTAINERS MARKET: BY TYPE ESTIMATES & TREND ANALYSIS

5.1. By Type Movement Analysis & Market Share, 2021 & 2028
5.2. Backpacks
  5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.3. Travel Bags
  5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.4. Sports Bags and Tote Bags
  5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.5. Others
  5.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

CHAPTER 6. BAGS & CONTAINERS MARKET: BY DISTRIBUTION CHANNELS & TREND ANALYSIS

6.1. By Distribution Channels Analysis & Market Share, 2021 & 2028
6.2. Offline
  6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.3. Online
  6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

CHAPTER 7. BAGS & CONTAINERS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2021 & 2028
7.2. North America
  7.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.2.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.2.3. Market Estimates and Forecast, By distribution channels,2017 - 2028 (USD Million)
  7.2.4. U.S.
    7.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.2.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.2.4.3. Market Estimates and Forecast, By distribution channels, 2017 - 2028 (USD Million)
  7.2.5. Canada
    7.2.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.2.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.2.5.3. Market Estimates and Forecast, By distribution channels, 2017 - 2028 (USD Million)
7.3. Europe
  7.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.3.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.3.3. Market Estimates and Forecast, By Distribution Channels,2017 - 2028 (USD Million)
  7.3.4. Germany
    7.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.4.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.3.5. U.K.
    7.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.5.3. Market Estimates and Forecast, By Distribution channels, 2017 - 2028 (USD Million)
  7.3.6. France
    7.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.6.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.6.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.3.7. Russia
    7.3.7.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.7.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.7.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.3.8. Italy
    7.3.8.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.3.8.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.3.8.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
7.4. Asia Pacific
  7.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.4.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.4.4. China
    7.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.4.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.4.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.4.5. Japan
    7.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.4.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.5.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.4.6. India
    7.4.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.4.6.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.4.6.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
7.5. Central & South America
  7.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.5.2. Market Estimates and Forecast, By Type,2017 - 2028 (USD Million)
  7.5.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.5.4. Brazil
    7.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.5.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.5.4.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.5.5. Argentina
    7.5.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.5.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.5.5.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
7.6. Middle East & Africa
  7.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  7.6.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  7.6.3. Market Estimates and Forecast, By Distribution Channels,2017 - 2028 (USD Million)
  7.6.4. South Africa
    7.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.6.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.6.4.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)
  7.6.5. Saudi Arabia
    7.6.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    7.6.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    7.6.5.3. Market Estimates and Forecast, By Distribution Channels, 2017 - 2028 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Global Player’s Recent Developments & Their Impact
8.2. Strategies Adopted By Major Players during COVID-19 pandemic
8.3. Vendor Landscape
8.4. Public Companies
  8.4.1. Company market position analysis
8.5. Private Companies
  8.5.1. List of key emerging companies/technology disruptors/innovators

CHAPTER 9. COMPANY PROFILES

9.1. Ace Co. Ltd.
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Product Benchmarking
  9.1.4. Strategic Initiatives
9.2. Antler Ltd.
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Product Benchmarking
  9.2.4. Strategic Initiatives
9.3. Bric’s Industria Valigeria Fine SPA
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Product Benchmarking
  9.3.4. Strategic Initiatives
9.4. Delsey S.A
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Product Benchmarking
  9.4.4. Strategic Initiatives
9.5. Luggage America Inc.
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Product Benchmarking
  9.5.4. Strategic Initiatives
9.6. LVMH Mo?t Hennessy Louis Vuitton
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Product Benchmarking
  9.6.4. Strategic Initiatives
9.7. Nike, Inc.
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Product Benchmarking
  9.7.4. Strategic Initiatives
9.8. Samsonite International S.A.
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Product Benchmarking
  9.8.4. Strategic Initiatives
9.9. V.F. Corporation
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Product Benchmarking
  9.9.4. Strategic Initiatives
9.10. Valigeria Roncato
  9.10.1. Company Overview
  9.10.2. Financial Performance
  9.10.3. Product Benchmarking
  9.10.4. Strategic Initiatives
9.11. VIP Industries Ltd.
  9.11.1. Company Overview
  9.11.2. Financial Performance
  9.11.3. Product Benchmarking
  9.11.4. Strategic Initiatives
9.12. Briggs & Riley Travel ware
  9.12.1. Company Overview
  9.12.2. Financial Performance
  9.12.3. Product Benchmarking
  9.12.4. Strategic Initiatives
9.13. Ralph Lauren Corp.
  9.13.1. Company Overview
  9.13.2. Financial Performance
  9.13.3. Product Benchmarking
  9.13.4. Strategic Initiatives
9.14. Tommy Hilfiger
  9.14.1. Company Overview
  9.14.2. Financial Performance
  9.14.3. Product Benchmarking
  9.14.4. Strategic Initiatives


LIST OF TABLES

Table 1. Bags & Containers Market - Key Market Driver Analysis
Table 2. Bags & Containers Market - Key Market Restraint Analysis
Table 3. Global Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 4. Global Backpacks Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 5. Global Travel Bags Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 6. Global Sports Bags and Tote Bags Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 7. Global Bags & Containers Market Estimates and Forecast By Offline, 2017 - 2028 (USD Million)
Table 8. Global Bags & Containers Market Estimates and Forecast By Online, 2017 - 2028 (USD Million)
Table 9. North America Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 10. North America Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 11. North America Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 12. U.S. Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 13. U.S. Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 14. U.S. Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 15. Canada Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 16. Canada Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 17. Canada Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 18. Europe Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 19. Europe Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 20. Europe Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 21. Germany Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 22. Germany Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 23. Germany Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 24. U.K. Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 25. U.K. Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 26. U.K. Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 27. France Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 28. France Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 29. France Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 30. Russia Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 31. Russia Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 32. Russia Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 33. Italy Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 34. Italy Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 35. Italy Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 36. Asia Pacific Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 37. Asia Pacific Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 38. Asia Pacific Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 39. China Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 40. China Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 41. China Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 42. Japan Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 43. Japan Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 44. Japan Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 45. India Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 46. India Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 47. India Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 48. Central & South America Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 49. Central & South America Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 50. Central & South America Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 51. Brazil Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 52. Brazil Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 53. Brazil Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 54. Argentina Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 55. Argentina Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 56. Argentina Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 57. Middle East & Africa Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 58. Middle East & Africa Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 59. Middle East & Africa Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 60. South Africa Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 61. South Africa Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 62. South Africa Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 63. Saudi Arabia Bags & Containers Market Estimates and Forecast, 2017 - 2028 (USD Million)
Table 64. Saudi Arabia Bags & Containers Market Revenue Estimates and Forecast By Type, 2017 - 2028 (USD Million)
Table 65. Saudi Arabia Bags & Containers Market Revenue Estimates and Forecast By Distribution Channels, 2017 - 2028 (USD Million)
Table 66. Vendor landscape

LIST OF FIGURES

Fig. 1 Bags & Containers Market Snapshot
Fig. 2 Bags & Containers Market Segmentation & Scope
Fig. 3 Bags & Containers Market Penetration & Growth Prospect Mapping
Fig. 4 Bags & Containers Market Value Chain Analysis
Fig. 5 Bags & Containers Market Dynamics
Fig. 6 Bags & Containers Market Porter’s Analysis
Fig. 7 Bags & Containers Market: By Type Movement Analysis
Fig. 8 Bags & Containers Market: By Distribution Channels Movement Analysis
Fig. 9 Bags & Containers Market: Regional Movement Analysis


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