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Diaper Bag Market Growth Will Escalate Rapidly 2018-2026 by Global Top Players - Carter's, Inc., Sanrio Co., Ltd., Graco, J.J Cole Collections, SUNVENO, Trend Lab, LLC, OiOi, Arctic Zone & California Innovations Inc., Petunia Pickle Bottom, Storksak

11-14-2018 11:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Diaper Bag

A diaper bag also known as a nappy bag is a storage bag that is equipped with several pocket spaces that is big enough to carry utilities required for taking care of a baby. Diaper bags are generally small enough and usually fit on or under the baby carriage or buggy and can even be carried as a backpack.

The global diaper bags market was valued at US$ 600 Mn in 2017 and is projected to increase to US$ 850 Mn by 2025 with a CAGR of around 6.2% during the forecast period (2018-2025). The major driver for growth of the diaper bags market is its convenience on account of the number of pockets and openings allowing the user to keep all baby related items and the ability to carry the same while travelling or for daily use. Some diaper bags are equipped with rigid handles and wheels so that the user can cart one around or travel, letting the person hold the baby more firmly, complete more mundane tasks such as paying, opening doors etc. while also reducing the possibility of a back pain. There are many types of diaper bags available in the market, including backpack, messenger, traditional, satchel, clutch, hobo, and tote styles. Most of these diaper bags are equipped with a padded mat for changing a baby's diaper on-the-go.

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Market Dynamics

Among application segment, the travel use segment is expected to grow at the fastest rate in the global diaper bags market over the forecast period. Diaper bags help customers store only required items while travelling. Growing travel and tourism industry is driving growth of the global travel use diaper bags market to a certain extent. According to the World Travel and Tourism Council, global domestic expenditure on travel and tourism, in 2014 was US$ 340.4 Million, which increased to US$ 574.6 Million in 2016.

However, restrictions regarding the use of clear bags in selected public places is expected to thwart growth of the global diaper bags market. For instance, in 2018, The Nevada Wolf Pack football team announced a new clear bag policy inside campus sporting events for the safety of its patrons and to reduce security checking time. According to the new policy, diaper bags are not allowed in the stadium premises. Regulations such as these are expected to hamper growth of the global diaper bags market

Detailed Segmentation:

Global Diaper bags Market, By Product Type:
Traditional
Tote
Satchel
Clutch
Hobo
Messenger Bag
Backpack

Global Diaper bags Market, By Application:
Daily Use
Travel Use

Request Customization Of Research Report @ https://www.coherentmarketinsights.com/insight/request-customization/2137

Some of the major players operating in the global diaper bags market include Carter's, Inc., Sanrio Co., Ltd., Graco, J.J Cole Collections, SUNVENO, Trend Lab, LLC, OiOi, Arctic Zone & California Innovations Inc., Petunia Pickle Bottom, Storksak, Ju-Ju-Be, and Amy Michelle amongst others

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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