Backpack Travel Bag Market Size, Share, Growth, and Industry Analysis, By Type (Hiking Backpacks, Carry-on Backpacks), By Application (Leisure Travel, Business Travel, Outdoor Adventures) and Regional Forecast to 2032

• 

  Request a Free Sample to learn more about this report

BACKPACK TRAVEL BAG MARKET OVERVIEW

The Global Backpack Travel Bag Market size was USD 22900 million in 2023 and is projected to touch USD 29087.67 million by 2032, exhibiting a CAGR of 2.4% during the forecast period.

The Backpack travel bag market has seen a significant growth rate due to increasing travel and adventure activities around the world. Such bags represent a range of travel needs for business or adventure. Comfort, durability, and organization are also key design elements, with such features as multifunctional compartments, ergonomic straps, and water-resistant materials. Growth in single and adventure travel is translating to increased demand for niche products, including carrying-on and overnight travel bags.

GLOBAL CRISES IMPACTING BACKPACK TRAVEL BAG MARKET - COVID-19 IMPACT

"Backpack Travel Bag Market Had a Negative Effect Due To Supply Chain Disruption During COVID-19 Pandemic"

The Global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

During the COVID-19 pandemic, global demand for a Backpack Travel Bag Market declined sharply because of severe restrictions on travel and lockdowns. Demand for backpacks for long-distance and adventure travel decreased drastically when business and leisure travel declined due to fewer travelers. Corporate stores faced severe disruptions from the distress due to supply chain delay and closure of factories. The result was that producers suffered a great loss in terms of finance, and sales hit the floor drastically in 2020.

LATEST TREND

"Increasing Demand For Sustainable And Eco-Friendly Materials Capabilities To Drive Market Growth"

Another trend in the Backpack Travel Bag Market is the rising demand for sustainable and eco-friendly materials. Consumers are naturally becoming increasingly environmentally conscious; thus, there is a growing interest in backpacks made from recycled plastics, organic fabrics, and biodegradable materials. Brands focus on the production of long-lasting, durable bags that could minimize waste and address questions about sustainable manufacturing processes.

• 

  Request a Free Sample to learn more about this report

BACKPACK TRAVEL BAG MARKET SEGMENTATION

BY TYPE

Based on Type, the global market can be categorized into Hiking Backpacks, Carry-on Backpacks

• Backpack Hiking Backpack: They are designed specifically for hiking or trekking purposes. They are relatively light in weight yet tough and well furnished with multiple compartments for better organization. Backpacks that include features such as hydration systems, padded shoulder straps, and weather-resistant fabrics enhance comfort and functionality while on long treks.

• Carry-on Backpacks: These are short packs intended for air travel. They comply with all airline size restrictions and are ideal for shorter trips or as a supplement to larger suitcases. Organized compartments create space for electronics, documents, and clothing, making this suitable for business and leisure travelers.

BY APPLICATION

Based on application, the global market can be categorized into Leisure Travel, Business Travel, Outdoor Adventures

• Leisure Travel: Leisure travel backpacks are for a short vacation, weekend getaways, or family vacations. The roomy, and cozy backpack with multiple pockets for storing clothes, toiletries, and other essentials is commonly seen. They also come with ergonomic designs to make long hours of travel comfortable.

• Business Travel: The Travel backpacks are mainly used by business travelers, though they look very stylish and look to be designed to carry laptops, work documents, and other personal belongings with efficiency. Dedicated laptop sleeves, RFID-protected compartments, and organizational pockets can also be found in the travel backpacks for easy access to items of necessity.

• Outdoor Adventures: Backpacks made of durable materials with more than one compartment and extra features, such as being water-resistant or solar recharged, are preferred for camping, hiking, or mountain climbing. These backpacks have been designed to hold up in the outdoor climate, but they also appear to fit comfortably and practically.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

DRIVING FACTORS

"Increase Travel and Adventure Tourism to Boost the Market"

There is a noticeable boost in the Backpack Travel Bag Market growth. The increase in adventure tourism, solo traveling, and outdoor activities has highly driven backpack travel bag demand. For example, hiking, trekking, and camping activities are gaining attraction in the present day among various people. This enhances the demand for niche backpacks developed for such purposes. Desire for flexible, durable, and portable storage solutions to carry travel essentials is driving market growth.

"Moving Towards Sustainable Products to Expand the Market"

In the wake of increasing environmental concerns, there is a vast section of customers who are moving to more sustainable and eco-friendly products. Feedback from customers is prompting the manufacturer companies to produce goods that use recycled materials, organic fabrics, and even employ sustainable production processes. This has earned the eco-conscious traveler attention, which again will increase demand for an eco-friendly travel backpack.

RESTRAINING FACTOR

"High Cost of Production and Premium Pricing to Potentially Impede Market Growth"

Prices will also be a significant issue as backpack travel bags are widely available in the market from various brands, all at different prices. This makes consumers compare price with quality, and thus brand loyalty could be low. The profit margins will also get lower. Manufacturers will have to maintain quality products, but at a competitive price and still remain profitable, which can be constrictive to growth in the market.

OPPORTUNITY

"Technological Enablement in Travel Bags To Create Opportunity For The Product In The Market"

Smart backpacks with features like USB charging ports, solar panels, anti-theft technology, and RFID protection can offer a high potential future opportunity. High-tech innovation provided by them resonates with the convenience and security needs of the modern traveler, thereby allowing for a large scope of growth in this niche segment.

CHALLENGE

"Supply Chain Disruptions Challenges Could Be A Potential Challenge For Consumers"

Global supply chain problems are now more prominently becoming a significant challenge, especially since the COVID-19 pandemic. Material production and distribution disruptions in shipment arrival times and increases in raw material costs will affect manufacturing schedules and lead times for purchasing and ordering, causing market availability and consumer demand.

• 

  Request a Free Sample to learn more about this report

BACKPACK TRAVEL BAG MARKET REGIONAL INSIGHTS

• NORTH AMERICA

The North America region has a growing United States Backpack Travel Bag Market. North America forms the largest market for Backpack Travel Bag driven primarily by the humongous demand of outdoor products such as hiking, camping, and backpacking. The presence of well-off consumers in the region, coupled with the increased popularity of adventure tourism along with products that are eco-friendly, will further fuel growth in this market. In addition, the growing domestic travel trend post-COVID-19 will also propel growth in this market.

• Europe (Germany and the UK)

Market share in the backpack market is robust, where a growing trend for sustainable, long-lasting travel gear is prominent. Germany and the UK have a large base of conscious travelers who will opt for travel gears made from recycled materials. The strong culture in tourism as well as huge networks of tourism drive the growth of this region's market.

• Asia Pacific (China and India)

Asia Pacific, with its foundations built in China and India, is gaining at an extraordinary pace in the market of backpacking because of escalations in the rising incomes and population of the middle class. Inflated markets are further inflated because of rising domestic and international travel within the backdrop of budget-friendly versatile travel backpacks.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market Through Innovation and Market Expansion"

Major market players in the backpack travel bag market come from global and regional manufacturers with knowledge of manufacturing high-quality, tough travel bags. They exercise innovation and produce several types of backpacks especially created for specific travel applications, such as adventure tourism, business travel, or even eco-tourists. These companies commit to sustainable materials, smart incorporation of technology, and ergonomic design requirements to cope with growing demands for multi-functional comfort and safety when carrying bags.

LIST OF MARKET PLAYERS PROFILED

• Vera Bradley (U.S.)
• Osprey Packs (U.S.)
• The North Face (U.S.)
• Deuter Sport (Germany)
• Samsonite International S.A. (Luxembourg)
• Targus (U.S.)
• JanSport (U.S.)
• Eagle Creek (U.S.)
• Pacsafe (Australia)
• Thule Group (Sweden)

KEY INDUSTRY DEVELOPMENT

July 2021: The most significant event noticed in the Backpack Travel Bag Market in July 2021 is the release of environment-friendly backpacks by top brands that will be made from products like recycled polyester, organic cotton, and many others. Such a product line was launched to capture the growing trend of green products among eco-conscious tourists. Improved features applied to these bags include water resistance, ergonomic straps, and distributed compartments to improve an individual's material arrangement.

REPORT COVERAGE

This report presents a complete analysis of the market for travel backpack bags focusing on the most relevant trends that will dominate the market after 2020 along with growth drivers and challenges. The data contains detailed segmented information by type (such as hiking, carry-on backpacks), and application such as leisure travel, business travel, outdoor adventures. In addition, regional insights for the purpose of dominant markets in North America, Europe, and Asia Pacific. Major industrial players, technological developments, and innovations in sustainable materials are also discussed.