Sports Duffel Bags Market Scope
Duffel bags are huge cylindrical bags with a zip closure on the top that are made of cloth or leather. Non-commissioned military troops and civilians alike utilise duffel bags for travel, sports, and pleasure. A hoop-handled hard-bottomed zipped bag, commonly referred to as a gym bag, is frequently confused with a duffel bag. Extra pockets in duffle bags are designed to hold clean clothing, exercise gear, shoes, and personal belongings. Another advantage of utilising a duffle bag as a gym bag is that it will fit inside most gym lockers, allowing to keep workout essentials safe. The market has been fueled by rising consumer purchasing power in developing countries in recent years, which has boosted product demand.
The Sports Duffel Bags market study is segmented, by Application (Gym & Fitness, Hiking, Travell and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Sports Duffel Bags market throughout the predicted period.
Nike, Inc. (United States), Everlast Worldwide, Inc. (United States), The North Face (United States), Harissons (India), JensenLee (United States), ToteBagFactory (United States), Herschel Supply Co. USA (United States), Adidas AG (Germany), Decathlon S.A. (France) and Reebok International Limited (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Puma SE (Germany), Oakley, Inc. (United States), Wildcraft (India), Chateau Manufacturing (India) and Patagonia, Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Sports Duffel Bags market by Type, Application and Region.
On the basis of geography, the market of Sports Duffel Bags has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 30th May, 2019 - Cult Luggage Brand Baboon Launched New Line of Bags. The Lineup Includes Three Design Variants; a Hike and Festival-Friendly Fanny Pack, A City-Proof Backpack, And an Exceedingly Sturdy Duffel, All of Which Come in Four Bright, Block Hues That Are Sure to Spark Envy at The Office, Gym, And Metro.
Market Trend
- Emergence of Advance Purpose Specific Sports Duffle Bags
- Growth in Sales Across Online Channels
Market Drivers
- Rising Gym & Fitness Awareness
- Surge in Demand for Outdoor Recreational Activities
Opportunities
- Growing Sports and Fitness Infrastructure Across New Regions
Restraints
- Raw Material Price Fluctuation
Challenges
- Fierce Competitive Pressure
Key Target Audience
Sports Duffle Bags Manufactures, New Entrants and Investors, Sports Duffle Bags Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others