"Increasing Outdoor Activities Rapid Growth for Professional Gear Bags Market"
Globally, the professional gear bags market is expected to grow with a CAGR of 5.5% during the forecast period from 2019 to 2027 and is expected to reach around US$ 23.60 Bn by the end of 2027. Professional gear bags are specially designed bags with various individual compartments and space for convenience purposes. The professional gear bags are designed as per the equipment, which is needed to be placed in the bags. The increasing outdoor activities are among the consumers such as biking, hiking, photoshoots, trekking, and others are increasing the demand for professional gear bags, as it is convenient for the user to carry the instruments systematically, without displacing any equipment. These gasbags are common among professional photographers. Additionally, consumers are increasing spending on traveling bags and equipment, which is also contributing to the growth of the market.
Market Synopsis
Get a sample copy for more information
"Professional Gear Bags with Business Traveler Carry-On Bags in its Bag Type Segment Continue Dominating the Market"
In 2018, the overall professional gear bags market was led by the business traveler carry-on bags segment in its bag type segment contributing to a high percentage of the market share of the total revenue generated globally. This segment is projected to witness a growth of around 5% during the forecast period. The increasing number of travelers in developing and the developed regions are demanding business carry-on bags. These bags are common among air travelers, which is also increasing the demand, resulting in the growth of the market.
Get a sample copy for more information
"North America Dominates the Market by Region"
Based on the regional analysis the professional gear bags market has been segmented as North America, Europe, Asia-Pacific and Rest of the world. North America is accounted to have the largest market share of around 40% in 2018 and is expected to dominate the market during the forecast period. The increasing tourism and travelers in the region is a major factor driving the market in the region. Moreover, the high disposable income and spending of the individuals in the region is also a major factor for the growth of the market. There are various key players present in the region such as Garmin Ltd, Jeppesen Sanderson, Inc, Aviation Supplies & Academics, Inc, and others.
Get a sample copy for more information
Some of the prominent players operating in the professional gear bags market include Jeppesen Sanderson, Inc., Samsonite Ip Holdings S.Ar.L, Lvmh Group, The Vitec Group Plc, Garmin Ltd, Go Professional Cases Inc., Aviation Supplies & Academics, Inc., Tactical, Blackhawk, Vf Corporation, Oakley Inc, The Tiffen Company, Llc, Beretta Corp, Drago Gear, Conterra Inc, North American Rescue Llc, and Rothco Inc.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The professional gear bags market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global professional gear bags market based on bag type, price, distribution channel, and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2018-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Bag Type Segment (2017–2027; US$ Bn)
• Recreational Shooter Gear Bags
• Business Traveler Carry-On Bags
• Law Enforcement
• Camera Bags
• Drone & Quad Bags
• Aviation Pilot Flight Bags
• Emergency Gear Bags
• Others
|
|
Distribution Channel Segment (2017–2027; US$ Bn)
• E-commerce
• Specialty Stores
• Hypermarkets
• Retailers
|
|
Price (2017–2027; US$ Bn)
• Premium
• Mid
• Low
|
|
Geography Segment (2017–2027; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World ( Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of professional gear bags in 2018 and forecast up to 2027?
- Which is the largest regional market for business traveler carry-on bags in bag type?
- What are the major trends followed in professional gear bags market across different regions?
- Who are the key professional gear bags companies leading the market?
- What are the key strategies adopted by the leading professional gear bags companies in market?
Unique data points of this report
- Statistics on professional gear bags penetration and spending worldwide
- Recent trends across different regions in terms of adoption of professional gear bags by various people
- Notable developments going on in professional gear bags market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
