report-image

School Bags Market Size, Industry Analysis Report By Distribution Channel (Offline, Online), By Product (Canvas, Polyesters, Nylon, Leather) & Region – Forecast

  • PUBLISHED ON
  • 2024-10-03
  • NO OF PAGES
  • 222
  • CATEGORY
  • Retails & Consumer
The Global School Bags Market: Overview
The Global School Bags market is valued at around USD 13001.87 million in 2022 and is expected to reach USD 20201.81 million by 2030, registering a CAGR of 7.62% over the forecast period. Leather products are items made of leather. A backpack, which is also known as a knapsack, schoolbag, rucksack, rucksac, pack, sackpack, booksack, or backsack, is a cloth bag that is worn on the back and fastened with two straps that cross the shoulders. It can also have an exterior frame, an internal frame, or a bodypack.

The Global School Bags Market - Growth Factor
The demand for school bags is mostly driven by rising government initiatives to support children's education, rising student enrolment rates, and rising emphasis on providing children with a basic education. The number of schools and colleges around the world is also growing as a result of an increase in student enrolment, which is driving up demand for school supplies like backpacks. The market is expanding due to rising trends among students to choose robust, roomy school backpacks that are compatible with devices. Due to kids' increasing choice for sturdy, roomy school backpacks, the market is booming. Additionally, it is projected that increased use of environmentally friendly materials such recycled plastics will spur market expansion.

The Global School Bags Market – Market Trends
• The increase in school enrollment worldwide is blamed for the growth. The government's initiatives to support education for all children and the rising student enrolment ratio are expected to combine to enhance the expansion.
• The increasing number of schools, institutions, and students around the world is credited with more attention being paid to providing children with a basic education. Around 56.6 million pupils attended primary and secondary schools in 2018, according to the National Centre for Education Statistics.
• The need for school supplies, especially school bags, is expected to increase due to rising student enrollment, which is therefore expected to fuel market expansion.
• Rising government measures to assist children's education, rising student enrollment rates, and rising emphasis on giving kids a foundational education are the main drivers of the demand for school bags.
• The demand for school supplies is increasing along with the number of schools and colleges around the world as a result of a rise in student enrollment.

The Global School Bags Market – Segmentation
The Global School Bags Market fragrance concentrates market has been sub-classified into fabric, distribution channel.

On the basis of distribution channel, the Global School Bags Market is bifurcated into:
• Offline
• Online
• Others

On the basis of product, the market is segmented into:
• Canvas
• Polyesters
• Nylon
• Leather
• Others

The Global School Bags Market –Regional Analysis
Asia-Pacific dominated the global School Bags Market, it is anticipated to be the largest regional category in 2018 and is anticipated to have the quickest CAGR. The regional need for school bags is being driven by the rising number of students. It is projected that the region's growing student population would increase demand for school backpacks.

The Global School Bags Market – Key Market players
Global key players of Global School Bags Market include NIKE, Inc., Puma SE, Delsey SA, Targus Inc., VIP Industries Ltd., Oasis Bags, Herschel Supply Company, Samsonite International SA, VF Corp., and LVMH Moët Hennessy - Louis Vuitton, and others.


Global School Bags Market: Historical Years- 2018-2021
Global School Bags Market: Forecast Years- 2022-2030
Global School Bags Market 2022- USD 13001.87 million
Global School Bags Market 2030- USD 0201.81 million
Global School Bags Market CAGR- 7.62%

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3499

Only Three Thousand Four Hundred Ninety Nine US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4499

Only Four Thousand Four Hundred Ninety Nine US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5499

Only Five Thousand Four Hundred Ninety Nine US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI