Global Smart Backpack Market 2017-2021

Global Smart Backpack Market 2017-2021

About Smart Backpack

Smart backpacks are a new generation of luggage that features some advanced technological enhancements such as embedded sensors, Universal Serial Bus (USB) chargers, Wi-Fi hotspots, and other electronics. Individuals who are engaged in outdoor recreational activities like camping, hiking, and trekking are the major consumers of smart backpacks. Smart backpacks of varying capacities are available in the market to cater to the varying needs of consumers. Based on capacity, smart backpacks can be divided into 15-35-liter backpacks, 36-60-liter backpacks, and above 60-liter backpacks. The marke drivers, trends, and challenges are discussed in the report. PESTLE and Porter's five forces analysis are also included in the report.

Technavio’s analysts forecast the global smart backpack market to grow at a CAGR of 4.98% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart backpack market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Backpack Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AMPL LABS
  • CO.ALITION
  • Mancro
  • Targus
  • TRAKK
Other prominent vendors
  • Ghostek
  • KOPACK
  • MOS Pack
  • Poros
  • Shenzhen Joyelife Technology
  • +TYLT
Market driver
  • Increasing government support for the tourism industry.
  • For a full, detailed list, view our report
Market challenge
  • Long product replacement cycle.
  • For a full, detailed list, view our report
Market trend
  • Advanced technological innovations in product features.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Backpack Market 2017-2021

Technavio recognizes the following companies as the key players in the global smart backpack market: AMPL LABS, CO.ALITION, Mancro, Targus, and TRAKK.

Other Prominent Vendors in the market are: Ghostek, KOPACK, MOS Pack, Poros, Shenzhen Joyelife Technology, and +TYLT.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is advanced technological innovations in product features. The launch of value-added and innovative luggage products is expected during the forecast period. Innovation is expected in design, color, shape, and weight. The demand for lightweight and durable backpacks is increasing globally as lightweight backpacks are easier to carry and handle and provides comfort to customers.”

According to the report, one driver in market is rise in trade offers by key competitors. In today's extremely competitive market environment, customer retention has become very difficult. Therefore, the vendors operating in the global smart backpack market are introducing various trade offers for consumers to trigger sales. Discounts, exchange offers, and festival offers are some of the trade deals being provided by the vendors through several distribution channels in different countries. These trade deals are attracting many consumers, thereby, increasing the sales revenue of the market competitors. The frequent introduction of trade offers by the competitors also tends to attract price-sensitive consumers, especially in developing regions such as APAC.

Further, the report states that one challenges in market is uncertain weather patterns. Globally, the outdoor activities market is dependent on weather conditions because unfavorable weather conditions can hamper outdoor recreational activities including camping, mountain biking, hiking, and trekking. Weather conditions such as extreme heat, cold, and humidity can lead to unpleasant experiences, which can, in turn, discourage participation in outdoor activities. During the rainy season, severe thunderstorms can develop, while during winters, there can be heavy snowfall. Such changes in weather can lead to cancellations of outdoor activities and reduce the rate of participation. Ports and marine areas are the most popular destinations for campers, but sudden increases in the sea level due to natural calamities can dampen their popularity as camping destinations.

Companies Mentioned

AMPL LABS, CO.ALITION, Mancro, Targus, TRAKK, Ghostek, KOPACK, MOS Pack, Poros, Shenzhen Joyelife Technology, and +TYLT.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Global luggage market: Overview
      • Table Global luggage market: Product segmentation
      • Table Global luggage market: By revenue 2016-2021 ($ billions)
    • Global smart backpack market
      • Table Global smart backpack market: By revenue 2016-2021 ($ billions)
    • Five forces analysis
      • Table Global smart backpack market: Five forces analysis
    • PESTLE analysis
      • Table Global smart backpacks market: PESTLE analysis
  • Market segmentation by capacity
    • Global smart backpack market by capacity
      • Table Global smart backpack market: Capacity segmentation
    • Global 15-35-liter smart backpack market
      • Table Global 15-35-liter smart backpack market: By revenue 2016-2021 ($ billions)
    • Global 36-60-liter smart backpack market
      • Table Global 36-60-liter smart backpack market: By revenue 2016-2021 ($ billions)
    • Global above 60-liter smart backpack market
      • Table Global above 60-liter smart backpack market: By revenue 2016-2021 ($ billions)
  • Market segmentation by distribution channel
    • Global smart backpack market by distribution channel
      • Table Global smart backpack market: Distribution channel segmentation by revenue 2016 and 2021 (% share)
      • Table Global smart backpack market: Distribution channel segmentation by revenue 2016 and 2021 ($ millions)
      • Table Global smart backpack market: Analysis of distribution channel based on key parameters 2016
  • Geographical segmentation
    • Global smart backpack market by geography
      • Table Global smart backpack market: Geographical segmentation by revenue in 2016 and 2021
    • Smart backpack market in the Americas
      • Table Smart backpack market in the Americas: By revenue 2016-2021 ($ billions)
    • Smart backpack market in APAC
      • Table Smart backpack market in APAC: By revenue 2016-2021 ($ billions)
    • Smart backpack market in EMEA
      • Table Smart backpack market in EMEA: By revenue 2016-2021 ($ billions)
  • Key leading countries
    • Table Global smart backpack market: Key leading countries by revenue 2016
    • Smart backpack market in the US
      • Table Smart backpack market in the US: By revenue 2016-2021 ($ millions)
    • Smart backpack market in Germany
      • Table Smart backpack market in Germany: By revenue 2016-2021 ($ millions)
    • Smart backpack market in Canada
      • Table Smart backpack market in Canada: By revenue 2016-2021 ($ millions)
    • Smart backpack market in the UK
      • Table Smart backpack market in the UK: By revenue 2016-2021 ($ millions)
    • Smart backpack market in Japan
      • Table Smart backpack market in Japan: By revenue 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Contribution of different components of tourism spending on global GDP
    • Impact of drivers on key customer segments
      • Table Global smart backpack market: Impact of drivers
    • Market challenges
      • Table Uncertain weather conditions and their adverse effects
    • Impact of challenges on key customer segments
      • Table Global smart backpack market: Impact of challenges
  • Market trends
    • Advanced technological innovations in product features
    • Focus on R&D activities
    • Advent of customized backpacks for women
    • Strategic product promotional activities
  • Competitor landscape
    • Competitive scenario
      • Table Global smart backpack market: Key competitors
      • Table Global smart backpack market: Key competitors' analysis based on key parameters
      • Table Global smart backpacks market: Competitive analysis of key competitors 2016
  • Key vendor analysis
    • AMPL LABS
    • CO.ALITION
      • Table CO.ALITION: Recent highlights
    • Mancro
    • Targus
      • Table Targus: Product overview
      • Table Targus: Recent highlights
    • TRAKK
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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