Market Analysis and Insights:
The market for global backpack travel bags was estimated to be worth USD 22.91 billion in 2021, and from 2021 to 2031, it is anticipated to grow at a CAGR of 2.41%, with an expected value of USD 29.09 billion in 2031.
The rise in popularity of backpack travel bags is influenced by various factors. Firstly, a growing number of individuals are choosing backpacks for travel due to their convenience and flexibility. These bags provide ample storage space and are ergonomically designed for comfortable long-term use, making them well-suited for travelers and backpackers. Secondly, the increasing trend of adventure tourism and outdoor activities is driving demand for backpack travel bags. More people are participating in activities like hiking, camping, and trekking, necessitating durable and practical bags for carrying essential items.
Furthermore, the increase in disposable incomes in different regions has boosted the desire for high-quality, durable backpack travel bags as consumers are willing to invest in products that meet their travel requirements. Additionally, the continuous technological innovations in backpack design, such as anti-theft features, USB charging ports, and RFID blocking, are enhancing the attractiveness of these bags to consumers. In summary, the surge in travel and adventure pursuits, together with the availability of technologically advanced backpack travel bags, is fueling the expansion of this market.
Backpack Travel Bag Market Scope:
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2031 |
| Study Period | 2018-2031 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | USD 29.09 billion |
| Growth Rate | CAGR of 2.41% during 2021-2031 |
| Segment Covered | By Type ,By Application,By Region. |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Samsonite International S.A., VF Corporation, Incase Designs Corp., The North Face, Jansport, Herschel Supply Co., Osprey Packs, Inc., Deuter Sport GmbH, Gregory Mountain Products, and Arc'teryx Equipment, Inc. |
Market Definition
A backpack travel bag is a versatile luggage option that is designed to be worn on the back, providing travelers with a convenient way to transport their belongings while on the go. These bags usually come with various compartments and well-designed straps to ensure even weight distribution and enhance comfort during travel.
The backpack travel bag serves a multitude of purposes. Firstly, it enhances convenience and mobility during travel by allowing for hands-free operation and balanced weight distribution, ensuring comfort even during extended periods of carrying. Secondly, it provides generous storage capacity for organizing and accessing travel essentials like clothing, toiletries, and electronic devices. The backpack travel bag is typically crafted from sturdy materials that can endure the demands of travel and remain durable over time. It often includes various compartments and pockets to facilitate efficient organization and safeguard valuable items. Moreover, its compact design is ideal for navigating different modes of transportation, such as airplanes, trains, and buses, enabling travelers to move seamlessly through congested areas. In conclusion, the backpack travel bag is an indispensable travel companion that embodies functionality, comfort, and longevity.
Key Market Segmentation:
Insights On Key Type
Backpacks
The backpack part is expected to dominate the global backpack travel bag market due to its versatility and convenience. Backpacks are popular among travelers due to their ergonomic design, spacious compartments, and easy portability. They are suitable for various travel purposes, whether it be hiking, camping, or exploring cities. Additionally, backpacks offer hands-free carrying, making them a preferred choice for travelers who value mobility and comfort.
Rolling Backpacks
While backpacks dominate the market, rolling backpacks hold a significant share due to their additional feature of wheels. Rolling backpacks combine the benefits of traditional backpacks with the convenience of rolling luggage. These bags are particularly favored by individuals who prefer not to carry the weight on their backs and find it more convenient to roll their luggage. Rolling backpacks are commonly used by business travelers, students, and individuals who need versatility for different travel scenarios.
Insights On Key Application
Adult
The adult is expected to dominate the global backpack travel bag market. This can be attributed to the increasing number of adults who are opting for backpack travel as a convenient and affordable option. Backpacks provide ample storage space for belongings and are designed for comfortable carrying, making them highly preferred by adult travelers. Moreover, the growing trend of adventure tourism and outdoor activities among adults further drives the demand for backpack travel bags.
Kids
The kids , although not dominating, holds significant potential in the global backpack travel bag market. Parents are increasingly investing in backpacks specifically designed for children, considering factors such as ergonomic design and durability. Additionally, the rise in family vacations and educational trips contributes to the demand for backpack travel bags for kids. Backpacks designed for children often feature attractive designs and additional safety features, making them appealing to parents and children alike.
Insights on Regional Analysis:
North America
The dominating region in the global backpack travel bag market is North America. This region is expected to witness significant growth due to the rise in outdoor activities, adventure tourism, and the popularity of backpacking among millennials. North America is home to several leading backpack travel bag brands and enjoys a strong distribution network, allowing easy availability of these products. Additionally, the region's higher disposable income and increasing awareness about sustainable and eco-friendly travel options further contribute to the dominance of North America in the global backpack travel bag market.
Latin America
Latin America is a promising region in the global backpack travel bag market. The growing trend of adventure travel and the rise in backpacking culture among the younger population are driving the demand for backpack travel bags in this region. Moreover, Latin America offers a diverse range of landscapes and natural wonders, attracting both domestic and international backpackers. The increase in disposable income and the development of robust tourism infrastructure also contribute to the growth of the backpack travel bag market in Latin America.
Asia Pacific
Asia Pacific is poised to be a significant player in the global backpack travel bag market. The region's large population, rapid urbanization, and increasing disposable income are driving the demand for backpack travel bags. Additionally, the popularity of backpacking as a budget-friendly and immersive travel experience is gaining traction in countries like China, India, and Thailand. Moreover, the rise in adventure tourism, especially in Southeast Asian countries, further fuels the growth of the backpack travel bag market in the Asia Pacific region.
Europe
Europe is an important market for backpack travel bags, although it may not dominate the global market. The region's well-established tourism industry, rich cultural heritage, and extensive network of hiking trails make it an attractive destination for backpackers. The European backpack travel bag market is driven by the increasing popularity of backpacking among millennials and the growing demand for sustainable and durable travel gear. Moreover, European countries, such as Germany, France, and the UK, are home to renowned backpack travel bag manufacturers, contributing to the overall market growth in the region.
Middle East & Africa
The Middle East & Africa region is witnessing steady growth in the backpack travel bag market. While not dominating globally, the rise in adventure tourism and the emergence of backpacking as an affordable travel option are driving the demand for backpack travel bags in this region. Countries like South Africa, Kenya, and Morocco offer diverse landscapes and a range of outdoor activities that attract backpackers. The increasing focus on sustainable travel and the development of tourism infrastructure also contribute to the growth of the backpack travel bag market in the Middle East & Africa region.
Company Profiles:
Prominent figures within the worldwide market for backpack travel bags are instrumental in spearheading innovation and providing a wide array of products tailored to the diverse requirements of travelers. Through strategic collaborations and a strong emphasis on product enhancement, they strive to uphold a leading position in the competitive landscape.
Leading companies in the backpack travel bag industry consist of well-known names such as Samsonite International S.A., VF Corporation, Incase Designs Corp., The North Face, Jansport, Herschel Supply Co., Osprey Packs, Inc., Deuter Sport GmbH, Gregory Mountain Products, and Arc'teryx Equipment, Inc. Renowned for their top-tier backpacks designed to suit the requirements of travelers, these brands offer a diverse selection of products that focus on durability, organization, comfort, and style. With a solid presence in the market, these key players continuously strive for innovation and enhancements in their offerings to adapt to the dynamic preferences of travelers.
COVID-19 Impact and Market Status:
The global market for backpack travel bags has been greatly influenced by the Covid-19 pandemic, experiencing reduced sales and supply chain disruptions as a result of travel limitations and evolving consumer preferences.
The global market for backpack travel bags has experienced a significant downturn in response to the COVID-19 pandemic. Travel restrictions, lockdown measures, and widespread health concerns have substantially reduced the demand for these products. As individuals defer or cancel their travel plans, there has been a notable decrease in the requirement for backpack travel bags. Furthermore, the closure of tourism and hospitality sectors has exacerbated this decline as consumers eschew purchasing new bags.
On the production front, supply chains have encountered disruptions due to factory closures and decreased imports, resulting in a limited supply of backpack travel bags. Market participants are currently grappling with obstacles in sourcing raw materials and fulfilling production needs amidst these challenging circumstances. Despite the adverse impact of the pandemic, companies have been prompted to introduce innovations and adapt to the evolving landscape.
Many manufacturers are now emphasizing the development of backpacks equipped with enhanced safety features, such as antimicrobial attributes and contactless technologies, to cater to the apprehensions of prospective travelers. However, the revival of the backpack travel bag market hinges significantly on the successful containment of the virus and the eventual resumption of international travel activities.
Latest Trends and Innovation:
- In March 2021, Samsonite International S.A., a leading luggage and travel bags manufacturer, announced the acquisition of American Tourister, a popular backpack brand, further strengthening their position in the backpack travel bag market.
- In June 2020, Osprey Packs, a renowned outdoor gear company, introduced the Poco Tote, a convertible backpack that combines functionality with a sleek design, catering to the ever-growing demand for multifunctional travel bags.
- In October 2019, Deuter, a German backpack manufacturer, launched the Guide Lite 30+, a lightweight backpack specifically designed for trekking and mountaineering enthusiasts, providing them with enhanced comfort and convenience.
Significant Growth Factors:
The expansion drivers of the market for Backpack Travel Bags encompass the escalating levels of travel and tourism engagements, the surging appeal of adventure sports, and the increasing predilection for hands-free and effortless luggage alternatives.
The backpack travel bag industry is currently witnessing a significant upsurge owing to a variety of influential factors. To begin with, the escalating popularity of adventure tourism and outdoor excursions has led to a surge in the desire for backpack travel bags. These bags are characterized by their convenience, durability, and versatility, making them a preferred choice for individuals embarking on activities such as hiking, camping, and other outdoor endeavors. Moreover, the rampant expansion of online platforms has drastically enhanced the accessibility of backpack travel bags to a broader spectrum of consumers. Through e-commerce channels, a plethora of options are made available to customers, enabling them to compare prices, access reviews, and make well-informed purchasing decisions. The market has also been driven by the prevailing inclination towards lightweight and compact travel bags, as travelers increasingly seek products that are not only utilitarian but also easy to transport, particularly during extended voyages. Additionally, there has been a notable emphasis on sustainable and environmentally-friendly practices, leading to the production of backpack travel bags crafted from recycled materials or boasting minimal ecological footprints. This shift has resonated with environmentally-conscious buyers who are keen on investing in products that align with their ethical principles. Lastly, the surge in disposable income and evolving lifestyles, particularly in emerging markets, has bolstered the demand for travel bags as more individuals seek out travel experiences. The confluence of these factors is anticipated to propel the continuous expansion of the backpack travel bag market in the foreseeable future.
Restraining Factors:
Factors impeding the growth of the backpack travel bag industry encompass ened competition, evolving consumer inclinations, and economic instability affecting buying capabilities.
Challenges facing the backpack travel bag market include the impact of economic downturns on consumer spending habits, a shift in preferences towards lightweight suitcases and duffel bags, increased production costs due to higher raw material prices, and strict government regulations on baggage for air travel leading to limited market opportunities. The ongoing COVID-19 pandemic has further exacerbated these difficulties by reducing travel bag sales due to travel restrictions and decreased travel activity. Despite these obstacles, the market holds promise with the growing popularity of adventure tourism, increased demand for sustainable products, and a rise in backpacking as a preferred travel style. Advancements in backpack design, such as anti-theft features and ergonomic improvements, offer additional opportunities for market growth. Innovative marketing strategies and product development present avenues for the backpack travel bag market to successfully navigate and thrive in the future.
Key Segments of the Backpack Travel Bag Market
Type Overview
- Backpack
- Rolling Backpack
Application Overview
- Adult
- Kids
Regional Overview
North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- U.K
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
Middle East and Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Frequently Asked Questions (FAQ) :
The major players are Samsonite International S.A., VF Corporation, Incase Designs Corp., The North Face, Jansport, Herschel Supply Co., Osprey Packs, Inc., Deuter Sport GmbH, Gregory Mountain Products, and Arc'teryx Equipment, Inc.
To get latest version of backpack travel bag market report can be obtained on demand from the website.
The base year for the report is 2023 in backpack travel bag market.