Market Overview:
The global casual bags 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 casual bags from various end-use applications, such as supermarkets and hypermarkets, independent retailers, specialist retailers, and online retailers. In terms of type, the leather segment is expected to lead the global casual bags market during the forecast period owing to its high durability and aesthetic appeal. However, canvas segment is projected to grow at a higher CAGR than other segments during the forecast period due in part to its low price point and growing popularity among consumers across regions.
Product Definition:
Casual bags are types of bags that are not meant for any specific occasion. They can be used for a variety of purposes, such as carrying personal items, groceries, or work supplies. Casual bags come in a variety of shapes and sizes, and can be made from a variety of materials.
Leather:
Leather is the processed skin of an animal. It can be obtained from cattle, horses, pigs, and goats. Leather is used in numerous products such as handbags & wallets; apparel such as jackets and belts; consumer goods including office supplies and household goods; automotive components such as seat covers and upholstery; decorative items & furniture.
Canvas:
Canvas is a type of cloth or textile and it's primary function is to make bags. Canvas can be used as shopping bags, backpacks, suitcases, and handbags. It has other secondary uses such as apparel & accessories industry too. The main reason I like canvas so much is because it's easy to clean; if I get some crumbs on the floor in my house, I just take a damp cloth and wipe them off easily without any problems at all.
Application Insights:
The supermarkets and hypermarkets application segment led the global casual bags market in 2017. This is attributed to the increasing number of consumers, especially in developed countries such as U.K., Germany, U.S., and France who prefer shopping at these stores due to availability of a wide range of products under one roof along with convenience offered by ready-to-buy items displayed on shelves or racks. The independent retailers segment is expected to witness significant growth over the forecast period owing to growing consumer preference for shopping at specialty stores that offer designer wearables along with other accessories compared to large retail chains operating across various regions globally.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, changing consumer preferences, and rising penetration of online retailers in this region. Europe is also expected to witness considerable growth over the coming years owing to high demand for stylish and comfortable bags from fashion conscious consumers. Moreover, presence of a large number of manufacturers will help Europe maintain its position during the forecast period.
North America was valued at USD X billion in 2017 and is projected to grow at a significant rate over the forecast period due to growing e-commerce industry in Mexico as well as U.S.
Growth Factors:
- Increasing disposable income of consumers: The casual bags market is expected to grow as the disposable income of consumers increases. This is because casual bags are seen as a necessity for everyday use and are affordable.
- Changing lifestyle trends: There has been a shift in the lifestyle trends of consumers, with an increasing focus on comfort and convenience. This has led to an increase in demand for casual bags, which are versatile and can be used for multiple purposes.
- Rising popularity of online shopping: The popularity of online shopping is growing rapidly, with more people preferring to buy items online than from physical stores. This is benefiting the casual bags market as it allows consumers to easily browse and compare different options before making a purchase decision.
- . Growing awareness about eco-friendly products: There is growing awareness among consumers about the importance of using eco-friendly products, which has led to an increase in demand for sustainable casual bags made from natural materials such as cotton and jute fiber . 5.. Innovative designs and features: Casual bag manufacturers are constantly introducing new designs and features into their products in order to appeal to more customers
Scope Of The Report
Report Attributes
Report Details
Report Title
Casual Bags Market Research Report
By Type
Leather, Canvas, Other
By Application
Supermarkets and Hypermarkets, Independent Retailers, Specialist Retailers, Online Retailers
By Companies
Samsonite, Osprey, VF, Victorinox, Traveler’s Choice, Lowe Alpine, Deuter, Standard Luggage, Timbuk2, Herschel Supply, Tumi Holdings
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 Casual Bags Market Report Segments:
The global Casual Bags market is segmented on the basis of:
Types
Leather, Canvas, 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
Supermarkets and Hypermarkets, Independent Retailers, Specialist Retailers, Online Retailers
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:
- Samsonite
- Osprey
- VF
- Victorinox
- Traveler’s Choice
- Lowe Alpine
- Deuter
- Standard Luggage
- Timbuk2
- Herschel Supply
- Tumi Holdings
Highlights of The Casual Bags 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:
- Leather
- Canvas
- Other
- By Application:
- Supermarkets and Hypermarkets
- Independent Retailers
- Specialist Retailers
- Online Retailers
- 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 Casual Bags 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?
Casual Bags are a type of backpack that is designed to be worn casually. They are usually made from lightweight materials, such as cotton or canvas, and have a simple design.
Some of the key players operating in the casual bags market are Samsonite, Osprey, VF, Victorinox, Traveler’s Choice, Lowe Alpine, Deuter, Standard Luggage, Timbuk2, Herschel Supply, Tumi Holdings.
The casual bags market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Casual Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Casual Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Casual Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Casual Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Casual Bags Market Size & Forecast, 2020-2028
4.5.1 Casual Bags Market Size and Y-o-Y Growth
4.5.2 Casual Bags Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Leather
5.2.2 Canvas
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Independent Retailers
6.2.3 Specialist Retailers
6.2.4 Online Retailers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Casual Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Casual Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Leather
9.6.2 Canvas
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Independent Retailers
9.10.3 Specialist Retailers
9.10.4 Online Retailers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Leather
10.6.2 Canvas
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Independent Retailers
10.10.3 Specialist Retailers
10.10.4 Online Retailers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Leather
11.6.2 Canvas
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Independent Retailers
11.10.3 Specialist Retailers
11.10.4 Online Retailers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Leather
12.6.2 Canvas
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Independent Retailers
12.10.3 Specialist Retailers
12.10.4 Online Retailers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Leather
13.6.2 Canvas
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Independent Retailers
13.10.3 Specialist Retailers
13.10.4 Online Retailers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Casual Bags Market: Competitive Dashboard
14.2 Global Casual Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsonite
14.3.2 Osprey
14.3.3 VF
14.3.4 Victorinox
14.3.5 Traveler’s Choice
14.3.6 Lowe Alpine
14.3.7 Deuter
14.3.8 Standard Luggage
14.3.9 Timbuk2
14.3.10 Herschel Supply
14.3.11 Tumi Holdings
