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School Bags Market
The School Bags Market is Segmented by Fabric Type (Canvas, Polyesters, Nylon, Leather, and Others), by Distribution Channel Type (Offline, Online), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
School bags market is likely to witness an impressive CAGR of 5.8% during the forecast period. Increasing efforts by government to encourage education for children, along with growing student enrollment ratio and increasing focus on providing basic education to children are the prime factors contributing to the demand for school bags. Increasing student enrollment is further resulting in the rising number of schools and colleges across the world which is further boosting the demand for school supplies including school bags. Rising trends among students to opt sturdy and spacious school bags with gadgets compatibility is further fueling the growth of the market.
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School Bags Market – Snapshot |
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Growth |
5.8% for the next five years |
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Major Product Type |
Polyesters |
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Major Distribution Channel Type |
Offline |
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Region with the Highest Demand |
Asia-Pacific |
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Key Players |
NIKE, Inc., Puma SE, Delsey SA, Targus Inc., VIP Industries Ltd., Oasis Bags, Herschel Supply Company, Samsonite International SA, VF Corp., and LVMH Moët Hennessy - Louis Vuitton |
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Based on the product type, the market is segmented as canvas, polyesters, nylon, leather, and others. The polyesters segment held the largest share of the market in 2019. The dominance of the segment is mainly because of polyester offering higher strength compared to other fabrics. The waterproof nature of the fabric makes it durable for manufacturing sturdy school bags.
Based on the distribution channel type, the school bags market is segmented as offline and online. The offline segment held the larger share of the market in 2019, whereas the online is likely to be the faster-growing segment. The dominance of the offline segment is mainly due to the increasing number of supermarkets and hypermarkets offering more options for consumers to make a perfect purchase decision.
School Bags Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, India, and Japan being the countries with lucrative growth opportunities. The growth of the region’s market is mainly driven due to the rising population and awareness regarding child education across countries such as India and China. Increasing government efforts to encourage children for proper education, along with the rising number of school and colleges is also a key factor determining the growth of the market in the region.
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Some of the major school bag manufacturers are-
A school bag is a bag that is used for transporting different materials for school and colleges, such as books, exercise books, and other school supplements on the back such as a backpack. Rising focus for providing basic education to children is attributing to the rising number of schools and colleges along with students across the world. Adoption of new teaching methodologies and increasing focus on extracurricular activities by schools and colleges are necessitating the use of laptops and tablets among students, which in turn, is fueling the demand for gadgets compatible school bags. Growing adaptability for spacious, good looking, and sturdy bags as per the shifting trend is being prevalent among kids. In addition, the usage of recycled plastic for manufacturing such bags is expected to positively impact the growth of the market over the forecast period.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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School Bags Market Research Report – Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The school bags market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The school bags market is expected to witness an impressive growth of 5.8% CAGR in the foreseeable future.
NIKE, Inc., Puma SE, Delsey SA, Targus Inc., VIP Industries Ltd., Oasis Bags, Herschel Supply Company, Samsonite International SA, VF Corp., and LVMH Moët Hennessy - Louis Vuitton are among the key players in the school bags market.
Asia-Pacific is expected to be the largest school bags market during the next five years.
online is likely to be the faster-growing distribution channel type in the school bags market in the coming years.
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