Press release
Global Camera Bag Market to Expand at a 3% CAGR Through 2031 | Artantik LTD, Benro USA, Case Logic Group
Camera Bag Market Research Study in BriefThe business intelligence study for the Camera Bag market provides an extensive synopsis of essential aspects involving the product classification, important definitions, and other industry-specific parameters.
Click here to Get Complete Synopsis of the Report - https://www.factmr.com/report/camera-bag-market
Additionally, the Camera Bag market study puts forth a rigid basis for collecting a cluster of insights that potential customers can use to enhance their revenues and reduce costs. The illustration of data on CAMERA BAG market segmentation by type, application, and geography offers a critical viewpoint of, what manufacturers are eyeing for the stipulated timeframe.
Demand for camera bags has been rising steadily over the years, with requirement from both, professional and non-professional photographers increasing. With surge in demand for shoulder bags, backpacks, and sling camera bags, manufacturers are expected to increase their customer base further over the coming years. Polyester and leather camera bags are expected to be the most popular across regions.
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According to a new report by Fact.MR, the camera bag market will ascend at over 3% CAGR through 2031, with North America, Europe, and Asia Pacific creating new avenues for the growth of key industry players.
Key Takeaways from Market Study
• High demand for shoulder bags likely to be witnessed.
• Growing demand for polyester and leather bags to aid industry growth.
• Low- and medium-priced camera bags to spur the growth
• Advancements in both, online and offline distribution channels to favor industry players.
For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=5804
• The United States to lead North America is the sales of camera bags.
• Germany remains at the forefront of the market for camera bags in Europe.
• The market in Asia Pacific to register the fastest growth during the forecast period.
• China, India, the United Kingdom, Japan, South Korea, and a few other countries to maintain positive industry outlook.
“With growing inclination of people towards photography, manufacturers of camera bags are bringing in a wider variety of products made from various materials such as polyester, nylon, leather, and others.” says a Fact.MR analyst.
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Photographers Accounting for Most Sales
With increase in sales of cameras, especially for photography by professionals, demand for different types of camera bags such as backpacks, slings, cases, and others is surging steadily. As stated in a report titled “27-4021 Photographers”, published by the Bureau of Labor Statistics, photography is a highly lucrative global industry, while there is approximately 41,600 photography related employment opportunities in the United States alone.
According to the report, the percentage of employment related to professional, scientific, and technical services is 2.99% in the United States, while the number of employment in professional photography is nearly 5,770 in California. This represents high demand for camera bags from photographers.
For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=5804
Who is Winning in this Space?
The global camera bag market offers a strictly competitive environment to its key players. In order to sail through the cut-throat competition, they are focusing on the quality and quantity of products.
For instance,
• The Vitec Group Plc recently launched its new range of camera bags such as Gitzo, Lowerpro, Manfrotto, National Geographic, and Sachtler.
• Think Tank Photo, Inc. launched its new range of Think Tank Rolling Cases, Think Tank Shoulder Camera Bags, and others, a couple of years back.
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Research Insight: https://www.factmr.com/report/camera-bag-market
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