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The Europe backpack market size reached USD 6.75 billion in 2023. The market is expected to grow at a CAGR of 2.10% between 2024 and 2032, reaching USD 8.19 billion by 2032.
Growth in the Europe Backpack Market is led by the rising expenditure of citizens in the domestic region.
Work backpacks are designed with features that accommodate the needs of professionals, students, and commuters who carry laptops, tablets, documents, and other work-related objects. They have padded compartments to protect electronic devices from breaking and scratching. In markets, where individuals at large are engaged in professional occupations, demand for stylish and functional work/laptop bags is rising.
Rising disposable income in the region coupled with a rising consumption expenditure of households is likely to help the backpack market in Europe grow coupled with the technological advancements in the industry. In March 2024, Filson released its backpack made of thermoplastic-coated 840 Denier nylon canvas, which makes it waterproof.
Sports and recreation backpacks are geared toward individuals with active lifestyles who engage in activities like hiking, camping, biking, or gym workouts. They are typically characterised by durable, weather-resistant materials and rugged construction to withstand rough terrain and environmental conditions. In the domestic region, outdoor recreation is popular across diverse landscapes ranging from mountains to coastal regions, increasing the demand for versatile and high-performance sports backpacks.
Europe Backpack Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Material
Market Breakup by Distribution Channel
Market Breakup by Country
Growth in the Backpack market is led by travel bags since they are designed to be convenient for individuals traveling for business and leisure and offer a more durable design with high-storage options. They offer multiple compartments and ergonomic designs to accommodate items like clothes, electronics, and other essentials.
Market players in the backpack industry are expanding their scope through mergers and acquisitions, they are also establishing their retail stores in strategic areas which enhances their visibility to consumers, thereby contributing to market growth.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Material |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 6.75 billion in 2023.
The market is projected to grow at a CAGR of 2.10% between 2024 and 2032.
The revenue generated from the backpack market is expected to reach USD 8.19 billion in 2032.
Based on type, the backpack market is divided between travel bags, work/laptop bags, sports and recreation bags and others.
The backpack market key players are Adidas AG, PUMA SE, Nike, Inc., Under Armour, Inc., Patagonia, Inc., VF Corp., Samsonite International SA, LVMH Moët Hennessy Louis Vuitton SE, Decathlon SE, Deuter Sport GmbH, and Others.
Based on material, the market is divided between nylon, polyester, leather, and others.
Based on the distribution channel, the market is divided between offline and online.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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