The use of laptops and tablets among students is becoming more common as schools adopt new teaching methodologies and place a greater emphasis on extracurricular activities. The global school bag market is expected to expand in response to rising demand for lightweight school bags.
MARKET DYNAMICS
The market growth is attributed to the rising number of school goers around the world. The rising student enrollment ratio, combined with government efforts to encourage all children to attend school, is expected to accelerate growth. The increased use of environmentally friendly materials such as recycled plastics is expected to boost the market growth.
MARKET SCOPE
The "School bags Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the school bags market with detailed market segmentation by material and distribution channel. The global school bags market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading school bags market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
By material
- Leather
- Canvas
- Nylon
- Others
By distribution channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global school bags market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The school bags market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the school bags market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the school bags market in these regions.
MARKET PLAYERS
The report covers vital developments in the school bags market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the school bags market are anticipated to lucrative growth opportunities in the future with the rising demand for school bags in the global market. Below mentioned is the list of few companies engaged in the school bags market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the school bags market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Puma
- Bell
- Targus Inc.
- Herschel Supply Company
- Delsey
- Nike
- VIP Industries
- Samsonite International S.A.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.