Global Laptop Backpack Market By Application (Business, Students, Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Online), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Laptop Backpack Market Overview

In 2021, the global Laptop Backpack Market accounted for USD 1,530.23 million with a CAGR of 6.85%.

The market’s growth will be influenced by the growing importance of backpacks to protect laptops and tablets when traveling. In addition, consumers are likely to be more fashion-conscious and will use laptop backpacks with bottle-carrying pockets.

These laptop backpacks are more important than ever to protect your laptop from heat, water damage, scratches, and moisture. The industry is using advanced polymers such as polyester, Oilcloth, Wool, laminated cotton /poplin, Polytetrafluoroethylene, LaMicrofiber, Polyester fleece, Teflon, and PU (Polyurethane) in order to address the consumers’ requirements.

Global Laptop Backpack Market Scope:

Application analysis

The largest share went to the business segment which made up 54.6% of 2021 global revenue. The majority of the workforce in corporate companies use laptop backpacks when they travel, whether from home or at client locations. In order to build stronger customer relationships, manufacturers are now offering warranty services. Eastpak Men’s has a 30-year warranty on their Out of-Office Backpack, which is available for business professionals. The airline industry has been encouraging the use of lightweight laptop backpacks on business travel since the introduction of baggage norms in different countries.

From 2023 to 2032, the student application market is expected to grow at a 4.9% annual growth rate. Students have come to rely on tablets and laptops as essential tools. As a result, technical education will now be included in the school and college curriculums of students from developing economies like India and China. This is due to supportive government policies at the national level that improve education infrastructure. Parents are increasingly purchasing laptops and accessories for children through online education providers like Toppr, Vedantu, and Meritnation in order to appeal to students, companies are creating innovative laptop backpacks that will be a positive factor in the growth of the laptop backpack market.

Distribution Channel analysis

In 2021, the hypermarkets and supermarkets segment had a revenue of US$ 601.7million. These stores work with different manufacturers to offer laptop backpack discounts in their stores. This is because there are many product brands available from multiple suppliers on one platform. Buyers prefer these channels. These stores offer buyers the opportunity to exchange their products, so they can return the product within a specified time frame if there are any defects.

Online channels will expand at an average 4.9% annual growth rate from 2023-2032. They offer various add-ons such as free delivery to your home and cashbacks. E-commerce websites can analyze consumers’ purchase habits and offer them discounts and special offers. Online distribution channels will grow in sales because of the increased availability of product variants and ease of comparison. In addition, the increased use of social media channels on Facebook, YouTube, Instagram, and Instagram by laptop backpack makers on innovative features such as shock absorption and charging will encourage consumers to spend more on laptop backpacks.

Кеу Маrkеt Ѕеgmеntѕ

By Application

• Students
• Business
• Others

By Distribution Channel

• Convenience Stores
• Hypermarkets & Supermarkets
• Online

Market Dynamics:

Consumers prefer to wear backpacks with high shock resistance, as Laptop is a highly charged substance. Shock resistance is a feature that companies are adding to their product lines. MobiBlast (shockproof), SOCKO, Targus, and LAPACKER are some of the well-known brands for laptop backpacks.

In response to rising consumer demand for lightweight laptop bags, companies are spending more money on products that can be used by students as well corporate clients. Due to an expanding buyer base, online stores are expected to increase the accessibility of product forms without regard for geographical boundaries.

Regional Analysis

Asia Pacific held the largest share of the market in 2021 and is expected to grow at a 4.8% CAGR between 2023-2032. New avenues will be opened by the increasing number of colleges and schools as a result of positive government policies in India and China to improve education infrastructure. By recognizing the potential of middle-income families, online education providers are expanding their offerings in this region. The presence of many local manufacturers, owing to their low raw material costs and easy labor access, is expected to be a major challenge for premium laptop backpack vendors around the world.

In 2021, North America saw revenue of USD 236.7 million. The extensive market reach of key manufacturers like Adidas A.G., and Nike Inc. in brick and mortar stores across the U.S. is expected to allow for continuous product access to buyers. In the United States, there is a high concentration of professionals from the working class. This will open up new markets over the next few decades.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The Global Laptop Backpack market is fragmented. Major players are involved in product development, strategic partnerships, mergers and acquisitions, and joint ventures to vertically incorporate across the value chain. Xiaomi Corporation, a China-based electronic company has launched the Mi Casual Backpack. It includes Anti-splash, YKK Quality Zippers A pocket for an umbrella. The backpack will be available in three color options, including grey, black, and blue.

Маrkеt Кеу Рlауеrѕ:

• Nike Inc.
• Samsonite International S.A.
• WINPARD
• The Targus Corporation
• Adidas AG
• Belkin International, Inc.
• Li-Ning Co., Ltd.
• Samsonite International S.A.
• Other Key Players

For the Laptop Backpack Market research study, the following years have been considered to estimate the market size: