Global School Bags Market 2023-2027
The school bags market is forecasted to grow by USD 6,380.75 mn during 2022-2027, accelerating at a CAGR of 6.65% during the forecast period. The report on the school bags market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovations in materials and designs leading to product premiumization, high demand for lightweight school bags, and increasing global literacy rate.
Technavio's school bags market is segmented as below:
By Distribution Channel
By Geographical Landscape
- North America
- South America
- Middle East and Africa
This study identifies the increased demand for school bags made of environmentally friendly materials as one of the prime reasons driving the school bags market growth during the next few years. Also, personalization and customization of school bags and introduction of exclusive designer school bags will lead to sizable demand in the market.
The report on the school bags market covers the following areas:
- School bags market sizing
- School bags market forecast
- School bags market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading school bags market vendors that include ACCO Brands Corp., Bagmiller, Balaji Bag, Brainbees Solutions Pvt. Ltd., Decathlon SA, DELSEY, Dolce and Gabbana SRL, Fjallraven Retail USA LLC, Genie Bags India, Khadim India Ltd., Nike Inc., PUMA SE, Rothco, Samsonite International SA, Sanghavi Bag, SREELEATHERS LTD, Sumdex inc., VF Corp., VIP Industries Ltd., and Wildcraft India Pvt. Ltd.. Also, the school bags market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.