Market Overview:
The global travel backpacks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as an increase in the number of business travelers, rising demand for lightweight and durable backpacks, and growing popularity of adventure tourism. Based on type, the global travel backpacks market can be segmented into wheeled backpack and shoulder backpack. Wheeled backpacks are more popular among business travelers as they are easy to carry around airports and other busy places. However, shoulder backpacks are more popular among casual travelers as they offer more flexibility than wheeled backpacks. Based on application, the global travel backpacks market can be segmented into business trips and casual trips. Business trips account for a larger share of the global travel backpack market due to an increase in corporate travels across different regions worldwide.
Product Definition:
A travel backpack is a backpack designed for easy transport while traveling. It is often smaller and lighter than a regular backpack, and has more features conducive to traveling, such as compression straps on the sides to keep contents secure. Travel backpacks are often used by tourists, students on study abroad programs, and military personnel.
Wheeled Backpack:
The global wheeled backpack market size was valued at USD 1.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2019 to 2025. The growing trend of traveling with luggage has led to an increase in demand for the wheeled backpack, which is also gaining popularity among children as a convenient way of carrying their belongings while going for trips or excursions with their parents.
Shoulder Backpack:
Shoulder backpack is a type of backpack, which is designed to carry the weight on the shoulders instead of across the chest. The shoulder straps are usually wider and rigider than those used for backpacks. They are more like belts, which hold most of the load close to the body rather than distributing it over a broad surface area as with backpacks.
The shoulder strap design allows carrying heavier loads for longer periods without causing fatigue or discomfort whereas traditional backpacks require frequent adjusting.
Application Insights:
The business application segment accounted for the largest revenue share of over 60% in 2017. The demand for travel backpack is increasing among working professionals as it offers a comfortable fit and helps in carrying laptops up to 15 inches with ease. Moreover, the use of laptop backpacks has become common among women travelers as it provides extra comfort and protection owing to its ergonomic design.
The casual trips application segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 due largely to growing trend amongst female travelers who prefer traveling light without any extra baggage along with them including fashion accessories, jewelry, make-up kits and electronic gadgets ranging from smartphones up till 10 inch tablets or 1TB external hard drive drives or small camcorders along with their DSLR cameras which are highly expensive than digital cameras only).
Regional Analysis:
Asia Pacific dominated the global travel backpack market in 2017. The region is expected to continue its dominance over the forecast period. Increasing number of international travelers and rising spending power are some of the key factors driving regional growth. Furthermore, increasing availability and popularity of backpacks for domestic travels are also contributing to market growth in APAC.
Europe is anticipated to be one of the fastest-growing regions over the forecast period owing to growing trend towards minimalism and preference for carrying light-weighted luggage that can be carried on shoulders rather than using wheeled bags while traveling from one place to another within cities or between cities/towns during trips overseas or within Europe itself (for example, between countries such as France & Italy). In addition, increasing number of female travelers who prefer shoulder type travel backpacks due their aesthetic appeal will drive regional product demand further.
Growth Factors:
- Increasing demand for travel backpacks from the millennials as they are more inclined towards outdoor activities and adventure travels.
- The increasing number of solo travelers who prefer lightweight and easy-to-carry backpacks for their journeys.
- Proliferation of online platforms that offer a wide variety of travel backpacks at competitive prices, thus driving the demand for these products.
- Growing popularity of eco-friendly and sustainable backpack designs that are made from recycled materials or renewable resources such as bamboo fiber or hemp fiber etc., thereby fueling the growth prospects of this market in the near future. 5) The increasing number of women travelers who seek stylish and functional travel backpacks to carry their belongings during their trips
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Backpacks Market Research Report
By Type
Wheeled Backpack, Shoulder Backpack
By Application
For business, For Casual Trips
By Companies
Swiss Gear, Oakley, High Sierra, Timbuk2, Sumtree, S-Zone, Kensington, Osprey, Ebags TLS, Hynes Eagle, REI Vagabond, Kelty Redwing
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Travel Backpacks Market Report Segments:
The global Travel Backpacks market is segmented on the basis of:
Types
Wheeled Backpack, Shoulder Backpack
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
For business, For Casual Trips
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:
- Swiss Gear
- Oakley
- High Sierra
- Timbuk2
- Sumtree
- S-Zone
- Kensington
- Osprey
- Ebags TLS
- Hynes Eagle
- REI Vagabond
- Kelty Redwing
Highlights of The Travel Backpacks 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:
- Wheeled Backpack
- Shoulder Backpack
- By Application:
- For business
- For Casual Trips
- 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 Travel Backpacks 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.
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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 travel backpack is a type of backpack that is designed to be used when travelling. They are usually smaller than traditional backpacks, and have different compartments and straps to allow them to be worn in different ways. Some travel backpacks also have built-in luggage dividers, so that multiple items can be stored separately.
Some of the key players operating in the travel backpacks market are Swiss Gear, Oakley, High Sierra, Timbuk2, Sumtree, S-Zone, Kensington, Osprey, Ebags TLS, Hynes Eagle, REI Vagabond, Kelty Redwing.
The travel backpacks 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 Travel Backpacks 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 Travel Backpacks Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Travel Backpacks 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 Travel Backpacks 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 Travel Backpacks Market Size & Forecast, 2018-2028 4.5.1 Travel Backpacks Market Size and Y-o-Y Growth 4.5.2 Travel Backpacks Market Absolute $ Opportunity
Chapter 5 Global Travel Backpacks 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 Travel Backpacks Market Size Forecast by Type
5.2.1 Wheeled Backpack
5.2.2 Shoulder Backpack
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Travel Backpacks 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 Travel Backpacks Market Size Forecast by Applications
6.2.1 For business
6.2.2 For Casual Trips
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel Backpacks 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 Travel Backpacks 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 Travel Backpacks Analysis and Forecast
9.1 Introduction
9.2 North America Travel Backpacks 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 Travel Backpacks Market Size Forecast by Type
9.6.1 Wheeled Backpack
9.6.2 Shoulder Backpack
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 Travel Backpacks Market Size Forecast by Applications
9.10.1 For business
9.10.2 For Casual Trips
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 Travel Backpacks Analysis and Forecast
10.1 Introduction
10.2 Europe Travel Backpacks 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 Travel Backpacks Market Size Forecast by Type
10.6.1 Wheeled Backpack
10.6.2 Shoulder Backpack
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 Travel Backpacks Market Size Forecast by Applications
10.10.1 For business
10.10.2 For Casual Trips
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 Travel Backpacks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Travel Backpacks 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 Travel Backpacks Market Size Forecast by Type
11.6.1 Wheeled Backpack
11.6.2 Shoulder Backpack
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 Travel Backpacks Market Size Forecast by Applications
11.10.1 For business
11.10.2 For Casual Trips
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 Travel Backpacks Analysis and Forecast
12.1 Introduction
12.2 Latin America Travel Backpacks 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 Travel Backpacks Market Size Forecast by Type
12.6.1 Wheeled Backpack
12.6.2 Shoulder Backpack
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 Travel Backpacks Market Size Forecast by Applications
12.10.1 For business
12.10.2 For Casual Trips
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) Travel Backpacks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Travel Backpacks 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) Travel Backpacks Market Size Forecast by Type
13.6.1 Wheeled Backpack
13.6.2 Shoulder Backpack
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) Travel Backpacks Market Size Forecast by Applications
13.10.1 For business
13.10.2 For Casual Trips
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 Travel Backpacks Market: Competitive Dashboard
14.2 Global Travel Backpacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Swiss Gear
14.3.2 Oakley
14.3.3 High Sierra
14.3.4 Timbuk2
14.3.5 Sumtree
14.3.6 S-Zone
14.3.7 Kensington
14.3.8 Osprey
14.3.9 Ebags TLS
14.3.10 Hynes Eagle
14.3.11 REI Vagabond
14.3.12 Kelty Redwing