Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.92 Billion | USD 5.86 Billion | 7.2% | 2023 |
According to the report published by Zion Market Research, the global Laptop Backpack Market size was valued at USD 2.92 Billion in 2023 and is predicted to reach USD 5.86 Billion by the end of 2032. The market is expected to grow with a CAGR of 7.2% during the forecast period. The report analyzes the global Laptop Backpack Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Laptop Backpack industry.
Laptop bags are made to carry a laptop and its accessories. These bags are ideal for a laptop setup with different organized compartments for laptop peripherals like an external hard disc, speaker, Bluetooth mouse, portable power banks, and many others. Good quality laptop bags are designed with several layers of foams and fabrics to strengthen them and make them shock absorbers to prevent damage during travel. Manufacturers use advanced polymers like polyurethane, Teflon, wool, microfiber, polyester, oilcloth, laminated cotton, polyfluoroethylene polyester, and many others to address the requirements of the customers.
The growing importance of backpacks as a carrier to protect the damage caused to laptops and tablets while traveling is one of the major factors driving the growth of the global laptop backpack market. The growing fashion consciousness among people has induced the adoption of advanced laptop backpacks along with associated convenience features like bottle-carrying spaces and many others, thereby boosting the growth of the global laptop backpack market. Moreover, protecting the laptop from heat, moisture, water damage, and scratches is another primary reason that is likely to boost the growth of the global laptop backpack market during the forecast period.
Increasing demand for a lightweight backpack for laptops is further inducing companies to launch innovative products in the market which in turn will propel the growth of the global laptop backpack market during the forecast period. The growing funding by the prominent market players to boost the research and development activities to launch stylish and durable laptop backpacks to attract customers and expand their market share are also fuelling the growth of the global laptop backpack market.
The global laptop backpack market can be segmented into the distribution channel, application, and region.
By distribution channel, the market can be segmented into online channels, convenience stores, and hypermarkets. The hypermarkets segment accounts for the largest share in the global laptop backpack market as these shopping stores are collaborating with various manufacturers to offer discounts on laptop backpacks to attract customers. Moreover, buyers prefer these channels because of the scope of physical examination of the product and ease of availability of a wide variety of products on the same platform. However, the stores also offer exchange facilities in case of any defect which is further likely to boost the growth of the segment during the forecast period.
By application, the market can be segmented into a student, business, and others. The business segment accounts for the largest share in the global laptop backpack market due to the wide utilization of laptop bags by the corporate workforce. Moreover, the growing utilization of laptops while traveling or working at outdoor locations is also boosting the growth of the segment. Moreover, the marketing strategies provided by manufacturers like offering warranty services to establish better customer relationships are further likely to boost the growth of the segment.
Report Attributes | Report Details |
---|---|
Report Name | Laptop Backpack Market |
Market Size in 2023 | USD 2.92 Billion |
Market Forecast in 2032 | USD 5.86 Billion |
Growth Rate | CAGR of 7.2% |
Number of Pages | 215 |
Key Companies Covered | VF INTERNATIONAL S.A.G.L., Targus, Samsonite IP Holdings S.ar.l, Kensington Computer Products Group, HP Development Company, L.P., DICOTA, C.C. FILSON CO., Belkin International, Inc., ASUSTeK Computer Inc., and Adidas AG |
Segments Covered | By Distribution Channel, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific accounts for the largest share in the global laptop backpack market due to the growing number of colleges and schools owing to the support of the government policies on boosting and strengthening the educational infrastructure in growing economies like India and China. Moreover, the growing employment opportunities in the region further boost the growth of the regional market during the forecast period.
North America is expected to witness huge growth during the forecast period due to the presence of prominent market players in the region. Moreover, the extensive research and development activities to launch innovative and stylish products to attract consumers are also boosting the growth of the regional market.
Some of the significant players in the global laptop backpack market are:
The Global Laptop Backpack Market is segmented as follows:
By distribution channel
By application
FrequentlyAsked Questions
The growing importance of backpacks as a carrier to protect the damage caused to laptops and tablets while traveling is one of the major factors driving the growth of the global laptop backpack market. The growing fashion consciousness among people induced the adoption of advanced laptop backpacks along with associated convenience features like bottle-carrying spaces, and many others are also boosting the growth of the global laptop backpack market.
Some of the significant players in the global laptop backpack market are VF INTERNATIONAL S.A.G.L., Targus, Samsonite IP Holdings S.ar.l, Kensington Computer Products Group, HP Development Company, L.P., DICOTA, C.C. FILSON CO., Belkin International, Inc., ASUSTeK Computer Inc., and Adidas AG.
Asia Pacific accounts for the largest share in the global laptop backpack market due to the growing number of colleges and schools owing to the support of the government policies on boosting and strengthening the educational infrastructure in growing economies like India and China.
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