Global Professional Gear Bags Market, By Product Type (Recreational Shooter Gear Bags, Business Traveller Carry-on Bags, Law Enforcement, Aviation Pilot Bags, Emergency Gear Bags, Emergency Responder Bags, Consumer Bags, Camera Bags, Drone and Quads Bags, Others), Price Range (Premium, Mid, Low), Distribution Channel (E-Commerce, Specialty Stores, Hypermarkets), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Professional Gear Bags Market
Professional gear bags market will reach an estimated valuation of USD 23.96 billion by 2028, while registering this growth at a rate of 4.70% for the forecast period of 2021 to 2028. Professional gear bags market report analyses the growth, which is currently being growing due to the rising number of outdoor activities.
Professional gear bags are utility items that come with individual slots and compartments, heavy duty buckles, zippers, and handles in all environmental conditions for comfort and long-lasting use. These sacks are available with high-quality material in a sleek and stylish style. They have a number of superior characteristics as compared to their alternatives which is one of the major factor for their growth of the market value.
Increasing growth of the travel and tourism industry across the globe, increasing expenditure on personal accessories and gears used for various activities such as hunting, prevalence of improved distribution channels along with rising number of e-commerce platforms, rising preferences of the consumer towards the usages of multifunctional gear bags and increasing awareness about various features of gear bags such as traveller-friendly, easy access pouches, see thru pockets are some of the major as well as vital factors which will likely to augment the growth of the professional gear bags market in the projected timeframe of 2021-2028. On the other hand, availability of high quality material, rising number of technological advancement, growing inclination towards the business traveller carry-on bags among individuals along with increasing number of air passengers across the globe which will further contribute by generating massive opportunities that will lead to the growth of the professional gear bags market in the projected timeframe mentioned above.
Increasing cost of the product along with availability of the counterfeit product in the market which will likely to act as market restraints factor for the growth of the professional gear bags in the above mentioned projected timeframe.
This professional gear bags market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on professional gear bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Professional Gear Bags Market Scope and Market Size
Professional gear bags market is segmented on the basis of product type, price range and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the professional gear bags market is segmented into recreational shooter gear bags, business traveller carry-on bags, law enforcement, aviation pilot bags, emergency gear bags, emergency responder bags, consumer bags, camera bags, drone and quads bags, and others. Business traveller carry-on bags segment will hold the largest share in the growth of the market due to the increasing product advancements in these bags such as increased security and premium quality material.
- Based on price range, the professional gear bags market is segmented into premium, mid, and low.
- On the basis of distribution channel, the professional gear bags market is segmented into e-commerce, specialty stores, and hypermarkets. E-commerce segment will hold the largest share in the growth of the market due to the rising penetration of smartphones and internet across the globe.
Professional Gear Bags Market Country Level Analysis
Professional gear bags market is analysed and market size, volume information is provided by country, product type, price range, and distribution channel as referenced above.
The countries covered in the professional gear bags 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, Israel, Egypt, South Africa, 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 dominates the professional gear bags market due to the increasing outdoor activities such as hunting and fishing, hiking and camping, kayaking and rafting, and rock climbing in the region. Asia-Pacific region is expected to hold the largest growth rate due to the rising demand for camera bags, drone and quad bags, and aviation pilot bags among individuals in the region.
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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Professional Gear Bags Market Share Analysis
Professional gear bags 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 professional gear bags market.
The major players covered in the professional gear bags market report are Louis Vuitton; Garmin Ltd.; Jeppesen.; Aviation Supplies & Academics, Inc.; Samsonite.; VIP Industries Ltd.; ace; The Vitec Group plc; The Tiffen Company; Go Professional Cases, Inc; 5.11, Inc.; Baboon Mega Corp, Inc.; ONA; Blackhawk; First Tactical; Oakley, Inc.; Drago Gear; North American Rescue, LLC.; Conterra Inc; Rothco; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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