Press release
Exploring the Growth Trajectory of the Backpack Market: Trends, Insights, USD 36.2 billion by 2032, CAGR of 9.30%, Future Perspectives
backpack market
In 2022, the backpack market was estimated to be worth USD 16.3 billion. According to projections, the backpack market industry would expand at a compound annual growth rate (CAGR) of 9.30% from USD 17.8 billion in 2023 to USD 36.2 billion by 2032. The main factors propelling the market's expansion include growing outdoor activities, tourism and travel, sustainability and eco-friendly initiatives, influencers and social media.
The Backpack Market Research Report provides in-depth research and insights into the market size, revenues, major categories, growth drivers, limiting factors, and regional industrial presence. The purpose of the market research study is to thoroughly investigate the Chemical and Material sector and gain a grasp of the business and its commercial potential. As a result, the customer obtains broad knowledge about the industry and business from the past, present, and future perspectives, allowing them to intelligently spend money and deploy resources.
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Market Competitive Landscape:
Adidas AG (Germany)
Under Armor Inc. (U.S.)
Patagonia Inc. (U.S.)
Puma SE (Germany)
Wildcraft (India)
Samsonite IP Holdings S.AR.L (Hong Kong)
Dakine Inc. (U.S.)
Deuter Sport GmbH (Germany)
Moët Hennessy Louis Vuitton (LVMH) (France)
Safari (India)
Market Segmentation
Backpack Product Type Outlook
Travel
Hiking/Camping
Others
Backpack Material Outlook
Nylon
Polyester
Others
Backpack Distribution Channel Outlook
Online Channel
Offline Channel
Access for Full Reports@ https://www.marketresearchfuture.com/reports/backpack-market-12033
Backpack Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Backpack Market dominated this market in 2022 (45.80%). Adventure sports, camping, and other outdoor pursuits are very popular in North America. There is a strong need for backpacks that can accommodate these activities and have qualities like toughness, weather resistance, and specialized compartments. Further, the U.S. Backpack market held the largest market share, and the Canada Backpack market region was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Backpack Market : Key Questions Answered in the Report
-How has the rapidly evolving business environment become an important growth engine for the Backpack market?
-What are the underlying macroeconomic factors that impact the growth of the Backpack market?
-What are the key trends that constantly shape the growth of the Backpack market?
-What are the prominent regions that offer abundant opportunities for the Backpack market?
-What are the key differential strategies adopted by key players to control a significant part of the global market share?
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North America…
