Global Canvas Bags Market, By Type (Backpack, Canvas Sling Bag, Canvas Tote Bag, Grocery Bag, Gift Bag, Others), Weight (Less than 5 oz., 6 to 10 oz., 11 to 15 oz., 16- 20 oz., More than 20 oz.), End User (Shopping, Travelling, Office, Schools/ Colleges, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Canvas is a type of cotton which is popular for its great money value and high quality foundation for printing on. The canvas bags are simply made from completely natural materials. This means it is eco-friendly and high-quality bag. Canvas bags are extremely comfortable for consumers to use. Canvas have a high value when it comes to promotion because consumers are expected to re-use the bag again and again. The adoption of canvas bags is rapidly increasing amongst women attributing to its extensive usage. Moreover, canvas bags are foldable, reusable, washable, and easily storable. The higher adoption of canvas bags by the customer resolve the environmental problems which arises due to the use of plastics.
Data Bridge Market Research analyses that the canvas bags market was valued at USD 970.0 million in 2021 and is expected to reach USD 1337.76 million by 2029, registering a CAGR of 4.10 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
A canvas bag is a kind of eco-friendly bag which is made from canvas. The material of the Canvas bag is made from a hemp fabric or thicker cotton fabric or mixed with a proportion of polyesters. It is weft yarn and woven with more than 2 warp so that it looks thicker than the other ordinary cotton yarn. In the canvas bag used recycled polyester and recycled materials comprising of organic cotton. Canvas has an excellent strength-to-weight ratio and they are durable but lightweight.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD million, Volumes in Units, Pricing in USD
Type (Backpack, Canvas Sling Bag, Canvas Tote Bag, Grocery Bag, Gift Bag, Others), Weight (Less than 5 oz., 6 to 10 oz., 11 to 15 oz., 16- 20 oz., More than 20 oz.), End User (Shopping, Travelling, Office, Schools/ Colleges, Others)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
Cross Canvas Company (US); MARIE THOMSON (US); Tarps Now (US); LBU Inc (Us).; A. Smith & Son, Inc (US), PELI Products (US), Landes Inc (US).; Frontier Bag Company (US), Carolina CoverTech (US), Casco Manufacturing Solutions, Inc. (US), Newway Bag (China), Union Wear (US), Xiamen novelbag co ltd. (China), Blivus Bags (India), Ara India (India), Earthyy Bags (India), Sam Inc. (India), Shree Satyanarayanji Impex (India), Pink Knots.(India), Royal Fabric Bags (India)
Canvas Bags Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Rise the demand of eco-friendly bags
Canvas are natural fabrics which has high degrees of environmental friendliness. Canvas bags are slowly but gradually replacing the use of plastic bags when it comes to groceries. Furthermore, these natural fabrics are biodegradable and in the production and exploitation these canvas bags do not have a significant impact on the environment and these are reusable and recyclable which increase the demand of canvas bag in the market and are expected to increase market growth.
- Increase in demand due to their affordability
One of the most important benefits of canvas bags is their higher level of affordability. For this reason, industries and brands mainly use canvas bags as corporate gifts for their collaborators, colleagues, or events’ attendees. Canvas is an economical fabric which is making it highly affordable even for smaller advertisers and businesses and advertisers.
- Rise in the number of government initiatives for spreading consumer awareness
Canvas bags market is anticipated to upsurge due to the increasing number of government initiatives to spread awareness regarding eco-friendly bags. Several NGOs also use canvas bags to encourage a cause or increase awareness on a specific topic. Furthermore, canvas bags are highly popular and economical amongst the consumers by sustaining quality for value expectations. These factors might influence the market demand for canvas bags positively.
High adoption of canvas bags amongst working women and increasing women participation in the worldwide workforce are key factors which are boosting the growth of global canvas bags market. Increasing use of the canvas bags for handling of things from one place to another place without getting damage and the recyclable property of the canvas bags will further contribute by producing immense opportunities that will led to the growth of the canvas bags market in the during forecast period.
However, Lack of stringent government regulations regarding use of plastic bags and availability of other hand bangs products in various countries is projected to obstruct the growth of the canvas bags market. The outbreak of Covid-19 has disrupted the supply chain and also increase the price of raw materials will act as market restraint and further challenge the market growth rate.
This canvas bags market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the canvas bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on Canvas Bags market
The Outbreak of COVID-19 pandemic has enforced a major part of the globe, restriction and lockdowns pose the limitations foe travelling , the industry of accessories and fashion apparel has been hit hard as offline retail stores and shopping outlets were close down for a momentous duration of the year. Also, most of the consumers restricted their spending on fashionable appeals and accessories, which has directly impacted the sales revenues canvas bags market. However, as the epidemic situation is improving slowly, consumer increased their spending, and the market is anticipated to regain its potential.
Global Canvas Bags Market Scope
The canvas bags market is segmented on the basis of type, weight and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Canvas Sling Bag
- Canvas Tote Bag
- Grocery Bag
- Gift Bag
- Less than 5 oz.
- 6 to 10 oz.
- 11 to 15 oz.
- 16- 20 oz.
- More than 20 oz.
- Schools/ Colleges
Canvas Bags Market Regional Analysis/Insights
The canvas bags market is analysed and market size insights and trends are provided by country, type, weight and end-user as referenced above.
The countries covered in the canvas bags market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the canvas bags market in terms of revenue and market share during the forecast period. This is due to the increasing demand for canvas bags in this region. North America region leads the canvas bag market due to the rising concerns about the environment amongst the population in this region
During the projected period, Asia Pacific is anticipated to be the fastest developing region due to high adoption and rise in the women participation in the workforce along with growth of the fashion industry in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Canvas Bags Market Share Analysis
The canvas bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to canvas bags market.
Some of the major players operating in the canvas bags market are:
- Cross Canvas Company (US)
- MARIE THOMSON (US)
- Tarps Now (US)
- LBU Inc (Us)
- Smith & Son, Inc (US)
- PELI Products (US)
- Landes Inc (US)
- Frontier Bag Company (US)
- Carolina CoverTech (US)
- Casco Manufacturing Solutions, Inc. (US)
- Newway Bag (China)
- Union Wear (US)
- Xiamen novelbag co ltd. (China)
- Blivus Bags (India)
- Ara India (India)
- Earthyy Bags (India)
- Sam Inc. (India)
- Shree Satyanarayanji Impex (India)
- Pink Knots.(India)
- Royal Fabric Bags (India)
Research Methodology: Global Canvas Bags Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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