Market Overview:
The global power bag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for power bags from different applications such as hypermarkets and supermarkets, specialty stores, online retail, and others. Additionally, the growing awareness about the benefits of using power bags is also contributing to the growth of this market. Based on type, office backpack was the largest segment in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their growing popularity among professionals for carrying their laptops and other work-related items.
Product Definition:
Power Bag is a device that is used to increase the power and strength of an athlete. It is a bag filled with sand or other weight, which can be lifted and thrown in various ways to work different muscles. The importance of Power Bag lies in its ability to help athletes increase their power and strength, which can improve their performance in sports or other activities.
Office Backpack:
The global office backpack market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in the number of working population across the globe, which has led to an increased demand for office backpacks as they are useful during travel from one place to another within offices as well as outside offices.
Travelling Backpack:
Travelling backpack is a type of bag, which is used to carry goods while traveling. It can be either carried by hand or can be attached to the exterior of a vehicle. The modern-day travelling backpack was innovated during World War II as an aid for soldiers that had to carry heavy loads over long distances.
The market size for travelling backpacks in power bags is expected to witness significant growth over the forecast period owing to increasing demand from construction.
Application Insights:
The hypermarkets and supermarkets segment held the largest share of the global power bag market in 2017. This is attributed to increasing penetration of electrical appliances in developing countries such as India, China, Bangladesh, Vietnam and Indonesia. The specialty stores application segment is expected to witness significant growth over the forecast period owing to rising consumer preference for luxury products.
The online retailing industry has witnessed tremendous growth over the past few years due to increased use of electronic devices such as smartphones and laptops among consumers globally. The demand for portable chargers that can deliver sufficient juice for all mobile gadgets has also been witnessing rapid growth among manufacturers within Asia Pacific region especially China and Japan where electronic product consumption is high compared to other regions globally.
Regional Analysis:
Asia Pacific power bag market is anticipated to witness significant growth over the forecast period owing to increasing disposable income, changing consumer lifestyle, and rising educational institutes. The growing number of schools and colleges in China and India are expected to drive the regional market. Furthermore, an increase in foreign investments coupled with supportive government policies is projected to boost demand for technology-driven products such as power bags over the next eight years. For instance, In 2015-2016 academic year; there were 1.35 million international students studying in India’s higher education institutions compared with 0.94 million a decade ago (The Higher Education Statistics Agency).
North America accounted for a major revenue share followed by Europe due to presence of key companies such as Adidas AEGEE Group; Lulu*Green; Patagonia Provisions Inc.
Growth Factors:
- Increasing demand for electric vehicles
- Growing awareness about the benefits of using power bags
- Rising number of online shoppers
- Proliferation of social media platforms
- Growing trend of eco-friendly products
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Bag Market Research Report
By Type
Office Backpack, Travelling Backpack, Student Backpack, Other
By Application
Hypermarkets and Supermarkets, Specialty Stores, Online Retail, Other
By Companies
Targus, Co.Alition, TYLT, Ghostek, MOS Pack, Poros, Shenzhen Joyelife Technology, ECEEN, Sosoon, Trakk Shell, BirkSun, Aster Backpack, Barracuda Konzu, AMPL, TYLT, North Face, Ghost
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Power Bag Market Report Segments:
The global Power Bag market is segmented on the basis of:
Types
Office Backpack, Travelling Backpack, Student Backpack, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets and Supermarkets, Specialty Stores, Online Retail, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Targus
- Co.Alition
- TYLT
- Ghostek
- MOS Pack
- Poros
- Shenzhen Joyelife Technology
- ECEEN
- Sosoon
- Trakk Shell
- BirkSun
- Aster Backpack
- Barracuda Konzu
- AMPL
- TYLT
- North Face
- Ghost
Highlights of The Power Bag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Office Backpack
- Travelling Backpack
- Student Backpack
- Other
- By Application:
- Hypermarkets and Supermarkets
- Specialty Stores
- Online Retail
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Bag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A power bag is a small, portable battery-powered device that can be used to recharge electronic devices.
Some of the major companies in the power bag market are Targus, Co.Alition, TYLT, Ghostek, MOS Pack, Poros, Shenzhen Joyelife Technology, ECEEN, Sosoon, Trakk Shell, BirkSun, Aster Backpack, Barracuda Konzu, AMPL, TYLT, North Face, Ghost.
The power bag market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power Bag Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Power Bag Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power Bag Market - Supply Chain
4.5. Global Power Bag Market Forecast
4.5.1. Power Bag Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Bag Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Bag Market Absolute $ Opportunity
5. Global Power Bag Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Power Bag Market Size and Volume Forecast by Type
5.3.1. Office Backpack
5.3.2. Travelling Backpack
5.3.3. Student Backpack
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Bag Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Power Bag Market Size and Volume Forecast by Application
6.3.1. Hypermarkets and Supermarkets
6.3.2. Specialty Stores
6.3.3. Online Retail
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Bag Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Power Bag Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Power Bag Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Power Bag Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Power Bag Demand Share Forecast, 2019-2026
9. North America Power Bag Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Power Bag Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Power Bag Market Size and Volume Forecast by Application
9.4.1. Hypermarkets and Supermarkets
9.4.2. Specialty Stores
9.4.3. Online Retail
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power Bag Market Size and Volume Forecast by Type
9.7.1. Office Backpack
9.7.2. Travelling Backpack
9.7.3. Student Backpack
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Power Bag Demand Share Forecast, 2019-2026
10. Latin America Power Bag Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Power Bag Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Power Bag Market Size and Volume Forecast by Application
10.4.1. Hypermarkets and Supermarkets
10.4.2. Specialty Stores
10.4.3. Online Retail
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power Bag Market Size and Volume Forecast by Type
10.7.1. Office Backpack
10.7.2. Travelling Backpack
10.7.3. Student Backpack
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Power Bag Demand Share Forecast, 2019-2026
11. Europe Power Bag Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Power Bag Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Power Bag Market Size and Volume Forecast by Application
11.4.1. Hypermarkets and Supermarkets
11.4.2. Specialty Stores
11.4.3. Online Retail
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power Bag Market Size and Volume Forecast by Type
11.7.1. Office Backpack
11.7.2. Travelling Backpack
11.7.3. Student Backpack
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Pojections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Power Bag Demand Share, 2019-2026
12. Asia Pacific Power Bag Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Power Bag Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Power Bag Market Size and Volume Forecast by Application
12.4.1. Hypermarkets and Supermarkets
12.4.2. Specialty Stores
12.4.3. Online Retail
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power Bag Market Size and Volume Forecast by Type
12.7.1. Office Backpack
12.7.2. Travelling Backpack
12.7.3. Student Backpack
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Power Bag Demand Share, 2019-2026
13. Middle East & Africa Power Bag Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Power Bag Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Power Bag Market Size and Volume Forecast by Application
13.4.1. Hypermarkets and Supermarkets
13.4.2. Specialty Stores
13.4.3. Online Retail
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power Bag Market Size and Volume Forecast by Type
13.7.1. Office Backpack
13.7.2. Travelling Backpack
13.7.3. Student Backpack
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Power Bag Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Bag Market: Market Share Analysis
14.2. Power Bag Distributors and Customers
14.3. Power Bag Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Targus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Co.Alition
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TYLT
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ghostek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MOS Pack
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Poros
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shenzhen Joyelife Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ECEEN
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sosoon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trakk Shell
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BirkSun
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aster Backpack
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Barracuda Konzu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. AMPL
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TYLT
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. North Face
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ghost
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
