Global Kids Travel Bags Market, By Product Type (Trolley, Backpack and Others), Distribution Channel (Hypermarket/ Supermarket, Specialty Stores, Online and Others), Luggage Type (Hard Luggage and Soft Luggage), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Kids Travel Bags Market
The kids travel bags market is expected to be growing at a growth rate of 9.60% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of kids travel bags market. This rise in kids travel bags market value can be attributed to the various factors such as increased focus of the product manufacturers on product innovations, surging educational tours for the students, growing popularity of e-commerce platforms especially in the developing economies and increasing personal disposable income.
From the name itself, it is clear that the kids travel bags are the bags that are specifically designed to be carried for travelling purposes. Like any other bag, the kids travel bags provide sufficient space for packaging all the necessary items such as clothes, toiletries, snack items and much more. The kids travel bags are available in a wide range of shapes and sizes and can be availed via both online and offline modes of distribution.
Growth and expansion of travel and tourism industry and increasing personal disposable income are the major factors fostering the growth of the kids travel bags market. Growing fondness for adventure sports and trekking among the youngsters, growth in the demand for personal luggage by children, rise in the research and development activities and rising globalization and westernization are some other indirect kids travel bags market growth determinants. Growing penetration of e-commerce platforms, rising availability of ultra-lightweight trolley bags, rising demand for trendy and fashionable kids trolley bags, surging availability of better manufacturing machines for travel bags and growing awareness about the popular brands will also create lucrative and remunerative kids travel bags market growth opportunities in the long run.
On the flip side, availability of low quality counterfeit products will pose a major challenge to the growth of kids travel bags market in the long run. Fluctuations in the prices of raw materials will further derail the kids travel bags market growth rate. Intense pricing pressure among the vendors and difficulty in organising all the time will yet again hamper the kids travel bags market growth rate.
This kids travel 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 localised 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 kids travel 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.
Global Kids Travel Bags Market Scope and Market Size
The kids travel bags market is segmented on the basis of product type, distribution channel and luggage type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the kids travel bags market has been segmented into trolley, backpack and others.
- On the basis of distribution channel, the kids travel bags market is segmented into hypermarket/ supermarket, specialty stores, online and others.
- On the basis of luggage type, the kids travel bags market is segmented into hard luggage and soft luggage.
Kids Travel Bags Market Country Level Analysis
The kids travel bags market is analysed and market size insights and trends are provided by country, product type, distribution channel and luggage type as referenced above.
The countries covered in the kids travel 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, Israel, Egypt, South Africa, 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.
Europe region dominate the kids travel bags market and will continue to excel its trend of dominance during the forecast period owing to the increased focus of the manufacturers on product innovations and rising popularity of trolley bags. Asia-Pacific will register the highest CAGR for the forecast period owing to the rising popularity of brands, growing personal disposable income, growth and expansion of travel and tourism industry in this region, improved retail infrastructure, rapid globalization, westernization and modernization.
The country section of the kids travel bags market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Kids Travel Bags Market Share Analysis
The kids travel 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 kids travel bags market.
The major players covered in the kids travel bags market report are Samsonite IP Holdings S.ár.l., Trunki., Carter’s, Inc., Smiggle, Mattel, SANRIO CO., LTD., TOMY., Dolly Bags., Sunbags, Akshita Enterprises, DMP Carrycases, Raveena Bags, Avon Lifestyle Private Limited., Exim Enterprises, Cosmus Bags Private Limited, ROSHNI BAGS INDIA PRIVATE LIMITED, Monarch Enterprises, Power Point Bag Industries, Babymel London and Cabin Max among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-