Market Overview:
The global sports bags market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sports bags from specialist retailers, factory outlets, internet sales, and department stores. Additionally, the growing popularity of outdoor activities is also contributing to the growth of the global sports bags market. North America dominates the global sports bags market and is expected to continue its dominance during the forecast period.
Product Definition:
A sports bag, also called a duffel bag, is a large, cylindrical bag made of cloth or synthetic materials. It is used for carrying sporting equipment, especially when travelling.
Backpacks:
Backpacks are a must for every sports person. It helps in carrying essential items such as water bottles and other sporting goods. Backpack is an important product which witnesses high demand during the time of sports activities, tournaments, and camping. The market size spans across North America, Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA) and Latin America (LATAM).
Duffle Bags:
Duffle bags are used for the transportation of sports equipment and athletes. They are designed to carry a large number of sporting goods in a single trip. Duffel bags have wheels so that they can be rolled easily and also have the facility to be pushed or pulled by another vehicle if required.
Application Insights:
Specialist retailers accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing demand for sports bags from a variety of applications including factory outlets, internet sales, department stores and others. Increasing number of specialty retailers has fueled industry expansion as these stores focus on providing premium quality products at affordable prices.
The factory outlets segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising product manufacturing in emerging countries such as China and India along with low cost production facilities in North America and Europe. In addition, growing trend among young working-class adults towards weekend getaways involving expensive baggage has driven demand for sports bags manufactured by high fashion designers which are sold through exclusive outlet shops near airports or railway stations creating niche markets across various regions worldwide within the span of few years since 2015.
Regional Analysis:
North America dominated the global sports bags market in 2017. The region is expected to maintain its position over the forecast period. North America has a large number of specialty retailers that cater to a wide range of consumer needs and budgets. These players have been able to successfully implement new technologies, such as advanced inventory management systems and online retailing, which are further expected to boost sales volume growth rates over the next eight years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising disposable income levels among consumers in emerging countries like China and India along with increasing popularity of outdoor sports activities including trekking, hiking, camping etc., especially among youth population from middle-class income groups looking for affordable luxury items offering superior quality at low prices.
Growth Factors:
- Increasing demand for sports and fitness activities
- Rising disposable income of consumers
- Growing popularity of online shopping
- Proliferation of retail outlets
- Innovative product offerings
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports Bags Market Research Report
By Type
Backpacks, Duffle Bags, Others
By Application
Specialist Retailers, Factory Outlets, Internet Sales, Department Store, Others
By Companies
Nike, Boss, Asics, Puma, EA7, KIPSTA, Adidas, Under Armour, Polo, Reebok, Avery Outdoors, CALIA by Carrie Underwood, Eagle Creek, High Sierra, JanSport, Jordan, KAVU, Marmot, Sherpani, Wilson
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Sports Bags Market Report Segments:
The global Sports Bags market is segmented on the basis of:
Types
Backpacks, Duffle Bags, Others
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
Specialist Retailers, Factory Outlets, Internet Sales, Department Store, 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:
- Nike
- Boss
- Asics
- Puma
- EA7
- KIPSTA
- Adidas
- Under Armour
- Polo
- Reebok
- Avery Outdoors
- CALIA by Carrie Underwood
- Eagle Creek
- High Sierra
- JanSport
- Jordan
- KAVU
- Marmot
- Sherpani
- Wilson
Highlights of The Sports 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:
- Backpacks
- Duffle Bags
- Others
- By Application:
- Specialist Retailers
- Factory Outlets
- Internet Sales
- Department Store
- 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 Sports 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
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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 sports bag is a type of backpack that is specifically designed for carrying sporting equipment, such as balls, bats, and other sports gear.
Some of the key players operating in the sports bags market are Nike, Boss, Asics, Puma, EA7, KIPSTA, Adidas, Under Armour, Polo, Reebok, Avery Outdoors, CALIA by Carrie Underwood, Eagle Creek, High Sierra, JanSport, Jordan, KAVU, Marmot, Sherpani, Wilson.
The sports bags market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sports 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 Sports Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sports 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 Sports 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 Sports Bags Market Size & Forecast, 2018-2028
4.5.1 Sports Bags Market Size and Y-o-Y Growth
4.5.2 Sports Bags Market Absolute $ Opportunity
Chapter 5 Global Sports Bags 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 Sports Bags Market Size Forecast by Type
5.2.1 Backpacks
5.2.2 Duffle Bags
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sports Bags 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 Sports Bags Market Size Forecast by Applications
6.2.1 Specialist Retailers
6.2.2 Factory Outlets
6.2.3 Internet Sales
6.2.4 Department Store
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sports 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 Sports 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 Sports Bags Analysis and Forecast
9.1 Introduction
9.2 North America Sports Bags 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 Sports Bags Market Size Forecast by Type
9.6.1 Backpacks
9.6.2 Duffle Bags
9.6.3 Others
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 Sports Bags Market Size Forecast by Applications
9.10.1 Specialist Retailers
9.10.2 Factory Outlets
9.10.3 Internet Sales
9.10.4 Department Store
9.10.5 Others
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 Sports Bags Analysis and Forecast
10.1 Introduction
10.2 Europe Sports Bags 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 Sports Bags Market Size Forecast by Type
10.6.1 Backpacks
10.6.2 Duffle Bags
10.6.3 Others
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 Sports Bags Market Size Forecast by Applications
10.10.1 Specialist Retailers
10.10.2 Factory Outlets
10.10.3 Internet Sales
10.10.4 Department Store
10.10.5 Others
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 Sports Bags Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sports Bags 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 Sports Bags Market Size Forecast by Type
11.6.1 Backpacks
11.6.2 Duffle Bags
11.6.3 Others
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 Sports Bags Market Size Forecast by Applications
11.10.1 Specialist Retailers
11.10.2 Factory Outlets
11.10.3 Internet Sales
11.10.4 Department Store
11.10.5 Others
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 Sports Bags Analysis and Forecast
12.1 Introduction
12.2 Latin America Sports Bags 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 Sports Bags Market Size Forecast by Type
12.6.1 Backpacks
12.6.2 Duffle Bags
12.6.3 Others
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 Sports Bags Market Size Forecast by Applications
12.10.1 Specialist Retailers
12.10.2 Factory Outlets
12.10.3 Internet Sales
12.10.4 Department Store
12.10.5 Others
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) Sports Bags Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sports Bags 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) Sports Bags Market Size Forecast by Type
13.6.1 Backpacks
13.6.2 Duffle Bags
13.6.3 Others
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) Sports Bags Market Size Forecast by Applications
13.10.1 Specialist Retailers
13.10.2 Factory Outlets
13.10.3 Internet Sales
13.10.4 Department Store
13.10.5 Others
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 Sports Bags Market: Competitive Dashboard
14.2 Global Sports Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nike
14.3.2 Boss
14.3.3 Asics
14.3.4 Puma
14.3.5 EA7
14.3.6 KIPSTA
14.3.7 Adidas
14.3.8 Under Armour
14.3.9 Polo
14.3.10 Reebok
14.3.11 Avery Outdoors
14.3.12 CALIA by Carrie Underwood
14.3.13 Eagle Creek
14.3.14 High Sierra
14.3.15 JanSport
14.3.16 Jordan
14.3.17 KAVU
14.3.18 Marmot
14.3.19 Sherpani
14.3.20 Wilson
