Global Professional Gear Bags Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
The Professional Gear Bags Market report has been segmented as per product type, price range, distribution channel, and region.
Global Professional Gear Bags Market: Overview
“The Professional Gear Bags Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Professional gear bags are utility products that come with individual slots and compartments, heavy-duty buckles, zippers, and handles for comfort and long-lasting use in any environmental conditions. These bags are available in modern and stylish designs with high-quality material.
There are various types of bags available in the market that including camera bags, business traveler carry-on bags, recreational shooter gear bags, drone and quad bags, emergency gear bags, and other equipment bags.
Global Professional Gear Bags Market: Dynamics
An increasing number of outdoor activities, the growing travel, and tourism industry, and the increasing E-commerce sector across the globe are major factors driving the growth of the global professional gear bags market.
In addition, rising expenditure on personal accessories and gears used for various activities such as hunting is another factor expected to support the growth of the global market.
In addition, the growing demand for professional gear bags among individuals across the globe, owing to the increasing market availability of multifunctional gear bags with technological advancement and high-quality material is a key factor expected to fuel the growth of the target market during the forecast period.
Increasing awareness about various features of gear bags such as traveler-friendly, easy access pouches, see-thru pockets, and some other advanced features are major factors expected to fuel the growth of the global market over the forecast period.
Furthermore, the rising inclination toward the business traveler carry-on bags among individuals, owing to the increasing number of air passengers across the globe is another key factor expected to support the growth of the target market.
However, factors expected to hamper the growth of the global professional gear bags market includes high product cost and the availability of counterfeit gear bags in the market.
Global Professional Gear Bags Market: Segment Analysis
Rising preference for business traveler carry-on bags among passengers during out-station travel and increasing product advancements in these bags such as increased security and premium quality material is the primary factor driving revenue growth of the business traveler carry-on bag segment among the product type segment.
Among application segments, the E-commerce segment is expected to account for significant growth in the global market, owing to increasing penetration of smartphones and the internet across the globe and various services provided by the E-commerce industry such as free home delivery, discounts on the products, and easy payment modes to the consumer.
Global Professional Gear Bags Market: Region Analysis
The market in North America is expected to dominate the global market and is expected to continue its dominance over the forecast period.
Increasing outdoor activities such as hunting and fishing, hiking and camping, kayaking and rafting, and rock climbing across the globe is a key factor supporting the growth of the target market in this region.
In addition, increasing demand for camera bags, drone and quad bags, and aviation pilot bags among individuals in countries such as India, China, and Japan is expected to support significant growth of the target market in the Asia Pacific region.
Global Professional Gear Bags Market Segmentation:
Segmentation by product type:
- Business Traveler Carry-on Bags
- Recreational Shooter Gear Bags
- Aviation Pilot Bags
- Others (Drone and Quad Bags, Camera Bags, and Emergency Gear Bags)
Segmentation by price range:
Segmentation by distribution channel:
- Specialty Stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- F. Corporation
- LVMH Moët Hennessy Louis Vuitton S.E.
- Avgroup, Inc.
- Samsonite South Asia Pvt. Ltd.
- VIP Industries Limited
- ACE Co., Ltd.
- The Tiffen Company, LLC
- The Vitec Group plc
- Gator Cases, Inc.
- ONA Designs International, LLC
- The Fechheimer Brothers Company
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