Global Canvas Bags Market – Industry Trends and Forecast to 2031

Canvas Bags Market Analysis and Size

Canvas bags market sees significant advancement due to their eco-friendly nature and versatility. Consumers benefit from their durability, sustainability, and fashionable appeal. As awareness grows about environmental concerns, canvas bags become a preferred choice over single-use plastics, fostering a healthier planet. This trend propels the market forward, offering individuals a practical and stylish way to carry goods while reducing their carbon footprint.

Global canvas bags market, which was USD 1.05 billion in 2023, is expected to reach USD 1.45 billion by 2031, growing at a CAGR of 4.10% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.         

Report Scope and Market Segmentation       

Market Definition

Canvas bags are durable carriers made from woven fabric, favored for their sturdiness and versatility. They offer a reliable solution for transporting items, boasting resilience and style. With various sizes and designs available, canvas bags cater to diverse needs, serving as practical companions for daily tasks and outings.

Canvas Bags Market Dynamics

Drivers

• Growing Trend for Customization

Canvas bags are gaining popularity as a fashion statement due to their easy customization options, accommodating personalized messages and designs. With a myriad of styles available, from classic to contemporary, they cater to diverse individual tastes. The trend showcases a rising demand for sustainable and stylish accessories, including canvas tote bags with zippers, offering both convenience and eco-conscious appeal to consumers. For instance, eco-conscious shoppers can opt for canvas totes featuring unique artwork or slogans that express their environmental values while staying fashionable.

• Increasing Demand for their Affordability

The affordability of canvas bags has sparked a surge in demand, especially in corporate gifting and promotional endeavors. Industries and brands prefer canvas for its cost-effectiveness, enabling even smaller advertisers to leverage its benefits. This accessibility has broadened its appeal, attracting a wider market of businesses and consumers. For instance, a local eco-friendly startup saw a 30% increase in orders after offering custom-branded canvas tote bags at affordable prices for corporate events.

Opportunities

• Influence of Social Media on Consumer

Social media platforms play a pivotal role in promoting sustainable lifestyles, notably by championing eco-friendly alternatives such as canvas bags. Through captivating content and advocacy, influencers inspire users to embrace sustainability, fueling demand for durable products. For instance, viral videos showcasing stylish reusable canvas duffle bag in everyday life encourage followers to adopt similar habits, driving the popularity of canvas bags and fostering a more environmentally conscious consumer base.

• Increasing Promotional and Marketing Strategies

Businesses and organizations utilize canvas bags as promotional giveaways to reinforce their brand image. These durable and eco-friendly items not only demonstrate the company's dedication to sustainability but also offer practical, reusable solutions for consumers. Through aligning with environmental values and delivering utility, canvas bags effectively boost brand recognition and foster customer loyalty. For instance, a local grocery store offering canvas bags encourages shoppers to adopt eco-friendly practices while promoting the store's commitment to sustainability.

Restraints/Challenges

• Lack of Convenience in Carrying

The perception of canvas bags as less convenient to carry and store compared to lightweight, foldable alternatives such as reusable plastic or nylon bags poses a challenge to their market adoption. This preference for easier handling and storage could hinder canvas bags' widespread acceptance, impacting their competitiveness in the market.

• Weather Sensitivity Impact Adaptability

Canvas bags' susceptibility to moisture limits their utility, especially in climates with frequent rain or high humidity. This vulnerability restricts their adoption, as consumers may prefer water-resistant alternatives. Such weather sensitivity poses a challenge to market growth, impacting demand in certain regions or seasons.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In April 2020, Samsonite International S.A. acquired eBags, a prominent digital retail specialist in bags. This strategic move has propelled the company to assert its dominance not only in the online tote bag retail sector but also in the global canvas bag market

Canvas Bags Market Scope

The market is segmented on the basis of type, weight and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Backpack
• Canvas Sling Bag
• Canvas Tote Bag
• Grocery Bag
• Gift Bag
• Others
• Beach Bag

  Weight

• Less than 5 oz.
• 6 to 10 oz.
• 11 to 15 oz.
• 16- 20 oz.
• More Than 20 oz.

 End User

• Shopping
• Travelling
• Office
• Schools/ Colleges
• Others
  • Gym
  • Sports

Canvas Bags Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by type, weight and end user as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America is expected to dominate the canvas bags market, boasting top revenue and market share during the forecast period. The region's leadership stems from heightened environmental awareness among its populace, driving increased demand for canvas bags in response to sustainability concerns.

Asia Pacific is anticipated to be the fastest developing region dominates the canvas bags market, driven by high adoption and increased women participation in the workforce. The growth of the fashion industry further fuels demand, reflecting evolving consumer preferences for sustainable alternatives.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Canvas Bags Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

• Cross Canvas Company (U.S.)
• MARIE THOMSON (U.S.)
•  Tarps Now (U.S.)
•  LBU Inc (U.S.)
•  A. Smith & Son, Inc (U.S.)
•  PELI Products (U.S.)
•   Landes Inc (U.S.)
•  Frontier Bag Company (U.S.)
•  Carolina CoverTech (U.S.)
•  Casco Manufacturing Solutions, Inc. (U.S.)
•  Newway Bag (China)
•  Union Wear (U.S.)
•  Xiamen novelbag co ltd. (China)
•  Blivus Bags (India)
•  Ara India (India)
•  Earthyy Bags (India)
•  Sam Inc. (India)
•  Shree Satyanarayanji Impex (India)
•  Pink Knots.(India)
•  Royal Fabric Bags (India)

SKU-58910