Market Overview:
The global fanny packs market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for convenience and portability in consumer goods. Additionally, the growing trend of online retail is also propelling the growth of this market. However, lack of awareness about fanny packs among consumers may restrain the growth of this market to some extent. On the basis of type, men's fanny packs accounted for a larger share in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to their growing popularity among men owing to their stylish designs and features such as multiple pockets and compartments that offer ample storage space for carrying belongings while travelling or hiking etc. However, lady's fanny packs are also gaining traction due to their trendy designs and increasing acceptance by women across different age groups. On the basis of application, supermarkets/hypermarkets held a dominant position in 2017.
Product Definition:
A fanny pack is a small, fabric pouch that is worn around the waist with a strap that goes over one shoulder. Fanny packs are used to carry small items, such as money, keys, and identification cards.
Men's Fanny Pack:
Men's fanny pack is a small backpack, which is designed for carrying essential items such as keys, wallet, phone and some other personal belongings. It has been gaining popularity among millennials due to its stylish look and easy access to stored items.
Lady's Fanny Pack:
The Lady's Fanny Pack is a small, structured pack that is worn by women as an alternative to the traditional fanny pack. It was created for the purpose of carrying valuables such as credit cards, ID, cash and keys while traveling. The market size for this product type was estimated to be USD 3 million in 2016 and it is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The supermarkets/hypermarkets segment held the largest market share of more than 50% in 2017. The application of fanny packs is becoming popular among the working class adults, especially in developed economies including U.S., Canada, and France. This can be attributed to increasing convenience stores and supermarkets at a domestic level as well as international level due to growing global population coupled with rising income levels among consumers, particularly in emerging markets such as China and India.
The independent retailers segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to an increase in demand for fashionable fanny packs from millennials & generation Z-ers who are constantly on-the-go and prefer carrying their essentials while out shopping or sightseeing across various cities globally including New York City, Paris, London etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period on account of high product demand and a large number of vendors offering different types of fanny packs. In addition, increasing travel and tourism activities are projected to fuel the regional product demand over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising consumer disposable income levels, improving standard of living, expanding middle-class population base across countries such as China and India among others.
Growth Factors:
- Increasing demand for convenient and comfortable travel accessories
- Rising popularity of outdoor activities and adventure sports
- Growing trend of personalization and customization in fashion industry
- Proliferation of online retail platforms that offer a wide range of fanny packs designs and styles
- Increased spending power among the millennial population
Scope Of The Report
Report Attributes
Report Details
Report Title
Fanny Packs Market Research Report
By Type
Men's Fanny Pack, Lady's Fanny Pack
By Application
Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Others
By Companies
Waterfly, Everest, Travelon, Eagle Creek, Nathan, Dakine, Patagonia, Billabong, JanSport, CREATOR, Adidas, Spiral, Nike
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Fanny Packs Market Report Segments:
The global Fanny Packs market is segmented on the basis of:
Types
Men's Fanny Pack, Lady's Fanny Pack
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
Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Others
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:
- Waterfly
- Everest
- Travelon
- Eagle Creek
- Nathan
- Dakine
- Patagonia
- Billabong
- JanSport
- CREATOR
- Adidas
- Spiral
- Nike
Highlights of The Fanny Packs 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:
- Men's Fanny Pack
- Lady's Fanny Pack
- By Application:
- Supermarkets/Hypermarkets
- Convenience Stores
- Independent Retailers
- Online Sales
- Others
- 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 Fanny Packs 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?
Fanny packs are a type of backpack that is typically worn by women. They are named after Fanny Hill, the 18th century English prostitute who is said to have popularized the style.
Some of the key players operating in the fanny packs market are Waterfly, Everest, Travelon, Eagle Creek, Nathan, Dakine, Patagonia, Billabong, JanSport, CREATOR, Adidas, Spiral, Nike.
The fanny packs market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fanny Packs 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. Fanny Packs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fanny Packs Market - Supply Chain
4.5. Global Fanny Packs Market Forecast
4.5.1. Fanny Packs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fanny Packs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fanny Packs Market Absolute $ Opportunity
5. Global Fanny Packs 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. Fanny Packs Market Size and Volume Forecast by Type
5.3.1. Men's Fanny Pack
5.3.2. Lady's Fanny Pack
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fanny Packs 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. Fanny Packs Market Size and Volume Forecast by Application
6.3.1. Supermarkets/Hypermarkets
6.3.2. Convenience Stores
6.3.3. Independent Retailers
6.3.4. Online Sales
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fanny Packs 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. Fanny Packs 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 Fanny Packs 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. Fanny Packs 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 Fanny Packs Demand Share Forecast, 2019-2026
9. North America Fanny Packs 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 Fanny Packs 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 Fanny Packs Market Size and Volume Forecast by Application
9.4.1. Supermarkets/Hypermarkets
9.4.2. Convenience Stores
9.4.3. Independent Retailers
9.4.4. Online Sales
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fanny Packs Market Size and Volume Forecast by Type
9.7.1. Men's Fanny Pack
9.7.2. Lady's Fanny Pack
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 Fanny Packs Demand Share Forecast, 2019-2026
10. Latin America Fanny Packs 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 Fanny Packs 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 Fanny Packs Market Size and Volume Forecast by Application
10.4.1. Supermarkets/Hypermarkets
10.4.2. Convenience Stores
10.4.3. Independent Retailers
10.4.4. Online Sales
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fanny Packs Market Size and Volume Forecast by Type
10.7.1. Men's Fanny Pack
10.7.2. Lady's Fanny Pack
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 Fanny Packs Demand Share Forecast, 2019-2026
11. Europe Fanny Packs 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 Fanny Packs 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 Fanny Packs Market Size and Volume Forecast by Application
11.4.1. Supermarkets/Hypermarkets
11.4.2. Convenience Stores
11.4.3. Independent Retailers
11.4.4. Online Sales
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fanny Packs Market Size and Volume Forecast by Type
11.7.1. Men's Fanny Pack
11.7.2. Lady's Fanny Pack
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Grwth Projections 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 Fanny Packs Demand Share, 2019-2026
12. Asia Pacific Fanny Packs 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 Fanny Packs 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 Fanny Packs Market Size and Volume Forecast by Application
12.4.1. Supermarkets/Hypermarkets
12.4.2. Convenience Stores
12.4.3. Independent Retailers
12.4.4. Online Sales
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fanny Packs Market Size and Volume Forecast by Type
12.7.1. Men's Fanny Pack
12.7.2. Lady's Fanny Pack
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 Fanny Packs Demand Share, 2019-2026
13. Middle East & Africa Fanny Packs 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 Fanny Packs 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 Fanny Packs Market Size and Volume Forecast by Application
13.4.1. Supermarkets/Hypermarkets
13.4.2. Convenience Stores
13.4.3. Independent Retailers
13.4.4. Online Sales
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fanny Packs Market Size and Volume Forecast by Type
13.7.1. Men's Fanny Pack
13.7.2. Lady's Fanny Pack
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 Fanny Packs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fanny Packs Market: Market Share Analysis
14.2. Fanny Packs Distributors and Customers
14.3. Fanny Packs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Waterfly
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Everest
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Travelon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eagle Creek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nathan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dakine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Patagonia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Billabong
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JanSport
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CREATOR
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Adidas
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spiral
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nike
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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