Global Waist Pack Market Overview:
Waist pack are small waist bags that are used as a pouch to keep small things or personal belongings. These packs are also used as a waist belt pack, a fanny bag, a single shoulder bag, or a handbag for uses. It is zippered lightweight bag help to store cell phones, MP3, keys, wallet, and other small belongings. The demand for a waterproof waist pack has driven the market growth.
Growth Drivers
- Ease to Use and Carry Anywhere
- Increasing Demand for Waist Pack in Men
Roadblocks
- Not Suitable to Hold Heavy Weights
Opportunities
- Growing Popularity of Waist Pack among Working Youths
- Rising Use as Travel Necessary Product
Challenges
- Availability of Large Number of Local Players
Competitive Landscape:
Some of the key players profiled in the report are Anna-Kaci (United States), Quanzhou Number One Bags (China), Zeppelin Products (United States), Punto Fa, S.L. (Spain), Wrangler (United States), Levi Strauss & Co. (United States), GUESS (United States), The North Face (United States), Puma (Germany), Maltex Fashions (India), Hari Om Leather (India), LBU, Inc. (United States), ASG Europe (United Kingdom) and China Haacoo Bag Company (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Waist Pack market by 2026. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Waist Pack market. Considering Market by Capacity , the sub-segment i.e. Less than 2kg will boost the Waist Pack market. Considering Market by Material, the sub-segment i.e. Leather will boost the Waist Pack market. Considering Market by Pockets, the sub-segment i.e. One will boost the Waist Pack market.
What Can be Explored with the Waist Pack Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Waist Pack Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Waist Pack
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Waist Pack market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Waist Pack market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Waist Pack Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors and Venture Capitalists and Private Equity Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.