Global Canvas Bags Market, By Type (Backpack, Canvas Sling Bag, Canvas Tote Bag, Grocery Bag, Gift Bag, and Others), Weight (Less than 5 oz., 6 to 10 oz., 11 to 15 oz., 16- 20 oz., and More than 20 oz.), End User (Shopping, Travelling, Office, Schools/ Colleges, and Others) – Industry Trends and Forecast to 2031.
Canvas Bags Market Analysis and Size
Canvas bags market witnesses a surge with the introduction of innovative methods, such as sustainable materials and customizable designs. Applications expand beyond traditional use, embracing eco-conscious consumers. The industry thrives on creativity, offering a blend of style and environmental responsibility, setting new trends for conscientious shoppers.
Data Bridge Market Research analyses that the global canvas bags market, which was 1,051.17 million in 2023, is expected to reach USD 1,449.70 million by 2031, growing at a CAGR of 4.10% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Backpack, Canvas Sling Bag, Canvas Tote Bag, Grocery Bag, Gift Bag, and Others), Weight (Less than 5 oz., 6 to 10 oz., 11 to 15 oz., 16- 20 oz., and More than 20 oz.), End User (Shopping, Travelling, Office, Schools/ Colleges, and Others)
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Countries Covered
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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
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Market Players Covered
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Cross Canvas Company (U.S.), MARIE THOMSON (U.S.), Tarps Now (U.S.), LBU Inc (U.S.), A. Smith & Son, Inc (U.S.), PELI Products (U.S.), Landes Inc (U.S.), Frontier Bag Company (U.S.), Carolina CoverTech (U.S.), Casco Manufacturing Solutions, Inc. (U.S.), Newway Bag (China), Union Wear (U.S.), 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)
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Market Opportunities
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Market Definition
Canvas bags are durable carriers made from woven fabric, favored for their sturdiness and versatility. They offer a reliable solution for transporting items, boasting resilience and style. With various sizes and designs available, canvas bags cater to diverse needs, serving as practical companions for daily tasks and outings.
Global Canvas Bags Market Dynamics
Drivers
- Growing Trend for Customization Enables Personalized Messages and Designs
Canvas bags offer easy customization, enabling personalized messages and designs. Their rising popularity as a fashion accessory stems from diverse available styles and designs. With versatility in fashion, they cater to individual tastes while promoting eco-consciousness. This trend aligns with growing consumer interest in sustainable and stylish alternatives, further driving the canvas bags market.
- Affordability Drives Demand from both Businesses and Consumers
Canvas bags' affordability fuels increased demand, particularly in corporate gifting and promotional activities. Industries and brands favor canvas due to its cost-effective nature, making it accessible even to smaller advertisers. This affordability extends its reach to a broader market, driving up demand from both businesses and consumers asuch as.
Opportunities
- Influence of Social Media on Consumer
Social media platforms wield substantial influence, championing maintainable lifestyles and shaping consumer preferences. Through engaging content and advocacy, they bolster the popularity of canvas bags. Users are inspired, informed, and motivated to embrace sustainable alternatives, amplifying the demand for durable products in the market.
- Increasing Promotional and Marketing Strategies
Businesses and organizations leverage canvas bags as promotional giveaways to bolster brand image. These durable and eco-friendly items not only display the company's commitment to sustainability but also serve as practical, reusable tools for consumers. Through aligning with environmental values and providing utility, canvas bags effectively enhance brand recognition and customer loyalty.
Restraints/Challenges
- Lack of Convenience in Carrying
The perception of canvas bags as less convenient to carry and store than lightweight, foldable alternatives such as reusable plastic or nylon bags presents a challenge to their market adoption. This preference for easier handling and storage could hinder the widespread acceptance of canvas bags, impacting their competitiveness in the market.
- Weather Sensitivity Impact Adaptability
Canvas bags' vulnerability to wet conditions restricts their usage in certain climates or seasons, posing a challenge in the market. Consumers may opt for water-resistant alternatives, impacting the demand for canvas bags. This weather sensitivity hinders their adaptability, potentially limiting market growth and adoption, particularly in regions with frequent rain or high humidity.
This global 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 global 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.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In April 2020, Samsonite International S.A. acquired eBags, a prominent digital retail specialist in bags. This strategic move has propelled the company to assert its dominance not only in the online tote bag retail sector but also in the global canvas bag market
Global Canvas Bags Market Scope
The global 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.
Type
- Backpack
- Canvas Sling Bag
- Canvas Tote Bag
- Grocery Bag
- Gift Bag
- Others
- Beach Bag
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
- Gym
- Sports
Global Canvas Bags Market Regional Analysis/Insights
The global 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 global 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, boasting top revenue and market share during the forecast period. The region's leadership stems from heightened environmental awareness among its populace, driving increased demand for canvas bags in response to sustainability concerns.
Asia Pacific is anticipated to be the fastest developing region dominates the canvas bags market, driven by high adoption and increased women participation in the workforce. The growth of the fashion industry further fuels demand, reflecting evolving consumer preferences for sustainable alternatives.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as 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 Global Canvas Bags Market Share Analysis
The global 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 global canvas bags market.
Some of the major players operating in the global canvas bags market are:
- Cross Canvas Company (U.S.)
- MARIE THOMSON (U.S.)
- Tarps Now (U.S.)
- LBU Inc (U.S.)
- A. Smith & Son, Inc (U.S.)
- PELI Products (U.S.)
- Landes Inc (U.S.)
- Frontier Bag Company (U.S.)
- Carolina CoverTech (U.S.)
- Casco Manufacturing Solutions, Inc. (U.S.)
- Newway Bag (China)
- Union Wear (U.S.)
- 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)
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