School Bags Market Scope
A school bag also called backpack, pack, pack, rucksac, pack, sackpack, booksack, bookbag or backsack — is, in its simplest frameless form, a fabric sack carried on one's back and secured with two strips that go over the shoulders, but it can have an external frame, internal frame, and there are bodypacks. School bag are generally used by trampers and scholars, and are frequently preferred to handbags for carrying heavy loads or carrying any kind of outfit, because of the limited capacity to carry heavy weights for long ages of time in the hands.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Adidas (Germany), Skybags (India), F Gear (India), Nike (United States), Skyline (United States), Puma (Germany), Tommy Hilfiger (Netherlands), Wildcraft (India), Flying Machine (India) and Lavie (India) |
CAGR | % |
The school bags request is fractured and the merchandisers are planting growth strategies similar as advertising to punctuate the features and advantages of new products to contend in the request. Research Analyst at AMA estimates that Indians Vendors will contribute to the maximum growth of Global School Bags market throughout the predicted period.
Adidas (Germany), Skybags (India), F Gear (India), Nike (United States), Skyline (United States), Puma (Germany), Tommy Hilfiger (Netherlands), Wildcraft (India), Flying Machine (India) and Lavie (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Delsey (France), Fur Jaden (India) and Quechua (France).
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 the total available market.
Segmentation Overview
The study have segmented the market of Global School Bags market by Type and Region with country level break-up.
On the basis of geography, the market of School 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).
region held largest market share in the year 2021.
In 2021, Nike lately launched its redundant padded school bags to reduce the redundant weight on the arms of the children.
In 2021, the Union Ministry of Education announced the ‘Policy on School Bag 2020’ in line with the New Education Policy 2020. And opined that the total weight of a student’s school bag (for students from class 1 to 10) should not be more than 10 per cent of their body weight. The Ministry also recommended that schools monitor the weight of the bags on regular basis.
School Bags Market Dynamics:
Attributes | Details |
---|
Trends Influencing Market | - Increasing Adaptability for Spacious, Sturdy Bags, And Good Looking
|
Key Restraints | - Rising Labor Costs
- Fluctuating Raw Material Prices
|
Challenges | - Digilitisation of Education, Which Was Fast-Forwarded In Large Measure Due To the Sudden Onset of the COVID 19 Pandemic
|
Market Opportunities | - Usage of Recycled Plastic for Manufacturing Such Bags
|