What is Smart Backpack Market?
Smart backpacks are not ordinary backs but are technologically advanced, they can generally have USB ports that can charge various devices, they can get power from the sun, play music and can perform many other techie things. They are designed to adapt to the modern lifestyle of people, they come with lithium battery power banks, an anti-theft feature that can actually notify if the item gets stolen. They are used by adults and children for office use, or travelling or schools. They are available in different styles and features made of various materials widely available in eCommerce sites.
Highlights from Smart Backpack Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | The Targus Corporation (United States), TRAKK Tech, LLC (United States), CO.ALITION (United States), Mancro (United States), TYLT (United States), Matein (United States), Mark Ryden Global Ltd. (United Kingdom), ECEEN Electronic Ltd. (China), Iris Mega (Tigernu) (Belgrade), Nordace (United States) and Shenzhen Joyelife Technology Co., Ltd. (China) |
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Smart Backpack market throughout the forecasted period.
The Targus Corporation (United States), TRAKK Tech, LLC (United States), CO.ALITION (United States), Mancro (United States), TYLT (United States), Matein (United States), Mark Ryden Global Ltd. (United Kingdom), ECEEN Electronic Ltd. (China), Iris Mega (Tigernu) (Belgrade), Nordace (United States) and Shenzhen Joyelife Technology Co., Ltd. (China) are some of the key players profiled in the study. Smart Backpack Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Office Use, Traveling and Other |
Type | Travel Smart Backpack, Business Smart Backpack and School Smart Backpack |
Distribution Channels | Online Retail,Malls/Hypermarkets,Brand Stores,Others |
Material | Polyester,Fabric,Nylon,Others |
On the basis of geography, the market of Smart Backpack 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Emerging Smart Backpacks with More Advanced Features and Styles and Increasing Use of Smart Backpacks for Carrying Laptops
Market Growth Drivers:
Increasing demand for a backpack which is travel-friendly in every way, the bags are highly demanded by travellers across the world. It offers the USB ports for charging in case of n emergency or anyway, LED chips for emergency light signals, water-resistance and many other smart features can be found in smart backpacks.
Challenges:
High Cost Associated with the Smart Backpack Might be the Hindrance
Restraints:
Problem with Disposing of Smart Backpack Leading to Environmental Concerns
Opportunities:
Growing E-commerce Platform will Boost the Smart Backpack Market and Surging Demand from Developing Countries
Key Target Audience
Smart Backpack Manufacturers, Smart Backpack International Traders, Smart Backpack Distributors and Suppliers, Research and Development Institutes, Regulatory Bodies, Industry Associations, Potential Investors and Others
"The FAA's policy on portable electronic devices containing these batteries states that devices containing lithium metal or lithium-ion batteries (laptops, smartphones, tablets, etc.) should be carried in carry-on baggage when possible. When these devices must be carried in checked baggage, they should be turned completely off, protected from accidental activation, and packed so they are protected from damage. The International Air Transport Association, an airline trade association, published suggested smart bag guidelines for airlines. Its list of hazards and potential consequences is enough to make any flyer a little nervous. NPR that rules banning the bags' powerful lithium batteries from checked baggage aren't because they're more likely to catch fire in a cargo hold, but because it's hard to fight a fire that breaks out there."