Global Laptop Carry Cases Market 2017-2021
About Laptop Carry Cases
Laptop carry case refers to bags, sleeves, and cases designed to protect laptops as well as related documents and accessories. The laptop carry case is essential for the protection of laptops, documents, and other laptop accessories while traveling or carrying laptops from one place to another. Laptop carry cases like shoulder/sling bags, backpacks, and others are used to carry laptops and other things associated with laptops based on their need and application. However, the main feature of a laptop carry case's is design and safety includes a safety sleeve for the laptop. Technological innovations that can be spotted in laptop carry cases include features such as lightweight and easy to carry. Radio frequency identification (RFID)-enabled and checkpoint-friendly laptop carry cases have advanced features that have increased the adoption of laptop carry cases in general.
Technavio’s analysts forecast the global laptop carry cases market to grow at a CAGR of 3.91% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global laptop carry cases market for 2017-2021. To calculate the market size, the report considers the include/exclude new installations/shipments/sales/volume/value and retrofit/replacement/spares/aftermarket/services market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Laptop Carry Cases Market 2017-2021
Technavio recognizes the following companies as the key players in the global laptop carry cases market: Belkin International, Kensington Computer Products Group, Samsonite International, Sanwa Supply, and Targus
Other Prominent Vendors in the market are: Brenthaven, CHROME INDUSTRIES, Crumpler, DICOTA, ELECOM, FILSON, Golla, OGIO, United States Luggage Company, and Wenger (Swissgear).
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Launch of exclusive designer collections. Limited edition designer bag collections are being showcased in the market by manufacturers. The superior quality fabric is being used in these laptop bags as consumers appreciate the aesthetics of these materials such as leather, and are even willing to pay a premium price. Laptop bags such as totes, shoulder bags, and business laptop bags that were launched under exclusive designer labels are attracting consumers across the globe.”
According to the report, one of the major drivers for this market is Growing brand and fashion consciousness. The growing Internet penetration and the increasing presence of online stores are spreading awareness of luxury and branded products, thereby fueling the demand for high-end, branded, and fashionable products. The desire among wealthy individuals to distinguish themselves from the crowd and remain on par with their peers are the key drivers for growth in the branded products segment. The increasing disposable income, especially in growing economies such as the Asian countries, and rising population of wealthy people who expect high-quality products and services are driving the market for branded and fashionable products. Many domestic and international laptop bag manufacturers across the globe have launched products that offer high-quality, attractive, and stylish laptop and business bags for the fashion-conscious population at affordable prices.
Further, the report states that one of the major factors hindering the growth of this market is Popularity of traditional mom-and-pop shops. Manufacturers of laptop bags are facing a significant challenge due to the continuing competition from the unorganized sector, especially traditional mom-and-pop shops. These stores, popularly known as street stores, are operating across the globe in major cities since decades. These unorganized shops or street stores majorly dominate the market in APAC, which is the growing market for laptop carry cases as these stores and shop owners have an in-depth understanding of their customers' needs, and they cater them at a personal level. These traditional stores sell laptop bags at a much lower price compared with branded bags. Players in the organized laptop carry case market incur heavy expenses while establishing their business but are compelled to keep the prices low to compete with these traditional stores leading to declining in the margin of profit for branded players.
Belkin International, Kensington Computer Products Group, Samsonite International, Sanwa Supply, Targus, Brenthaven, CHROME INDUSTRIES, Crumpler, DICOTA, ELECOM, FILSON, Golla, OGIO, United States Luggage Company, and Wenger (Swissgear).
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