Global Backpack Market Report and Forecast 2024-2032

Global Backpack Market Outlook

The global backpack market attained a value of nearly USD 16.47 billion in 2023 and estimated to grow in the forecast period of 2024-2032 at a CAGR of 6.0% to reach about USD 27.82 billion by 2032.     

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The Asia Pacific Expected to Hold a Significant Share in the Market for Backpack

The market for backpack in the Asia Pacific is expected to witness significant growth on account of various developments in the market to deliver backpacks with improved quality and efficiency. Further, the growing interest in sports and recreation activities to promote overall well-being is also contributing to the demand for backpacks to carry the equipment securely while easing the load on shoulders. The rising focus of manufacturers to create smart advanced backpacks along with the growing urban population in the region is expected to bolster the global backpack market growth over the coming years. The increasing working population along with growing employment are likely to boost the demand for backpack among working professionals in the region. Meanwhile, North America holds a significant market share of backpacks due to the surging number of adventure activities along with the growing interest of the population in trekking and camping activities in the region. The growing government support to the travel and tourism industry in the region is further driving the market growth for backpacks.

Backpack Market Segmentation

A backpack, variously known as knapsack, rucksack, etc., is referred to the fabric sack, which is carried on one’s back and fastened with two straps going over the length of the shoulder. Their usage promotes comfort, organisation, safety, and convenience. They are available in trendy styles and  carry personal supplies or belongings.

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The market for backpack, by capacity, is divided into:

• 6 Litres to 10 Litres

• 11 Litres to 30 Litres

• 31 Litres to 50 Litres

• Above 50 Litres

The market can be broadly categorised on the basis of type into:

• Travel Bags

• Work/Laptops Bags

• Sports and Recreation Bags

• Others

Based on material, the market is segmented into:

• Nylon

• Polyester

• Leather

• Others

By end user, the market is segmented into:

• Men

• Women

• Kids

Based on distribution channel, the market is bifurcated into:

• Offline Channel

• Online Channel

The EMR report looks into the regional markets of backpacks like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.

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Rising Travel Activities to Boost the Market Growth of Backpack

With rapid urbanisation, surging adoption of mobile lifestyle, and rising innovations of backpacks with better and efficient designs, the global backpack market is expected to witness healthy growth over the forecast period. The growing younger population seeking adventure activities and rising awareness of travel destinations that have been recently explored are providing the market for backpacks a significant boost in recent years. Going forward, rising demand for sacks at the workplace is further supporting the market growth for backpacks. Moreover, rising demand for backpacks among students of various age groups, employees, and travellers across the world, as they allow consumers to carry belongings safely, has been propelling the market growth of backpacks. The rising innovation of backpacks by bag makers with the integration of smart technology is driving the demand for backpacks across the globe.

Key Players in the Global Backpack Market

The report presents a detailed analysis of the following key players in the global backpack market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• VF Outdoor, LLC

• L.L. Bean Inc

• Adidas AG

• Patagonia, Inc.

• Lululemon Athletica Inc.

• Nike, Inc.

• Osprey Packs, Inc.

• Deuter Sport GmbH

• Global Uprising, PBC

• Nordace Limited

• Herschel Supply Company

• Under Armour, Inc.

• Puma SE

• Samsonite IP Holdings S.A.R.L

• Dakine IP Holdings LP

• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report