The North America Gym Bag Market is expected to witness market growth of 10.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 9.91 million units, showcasing a growth of 14.3% (2020-2023).
Gym bag sales through offline channels, such as sporting goods stores, department stores, and specialty retailers, continue to hold a significant market share due to the tactile shopping experience they offer. Many consumers prefer to physically inspect gym bags, assessing their size, material quality, and functionality before purchase. Thus, the Canada market is expected to sale 2.08 million units of gym bag by offline distribution channel.
The US market dominated the North America Gym Bag Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $820.6 Million by 2031. The Canada market is experiencing a CAGR of 12% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 11.8% during 2024-2031.
Gym bags serve various applications that cater to different user needs, making them an essential accessory for anyone engaged in fitness activities. Gym bags are ideal for carrying essentials to various fitness classes, like pilates, yoga, or spinning. Their organized compartments help users store specific gear, like yoga mats, weights, and exercise bands, ensuring that everything needed for different classes is easily accessible.
Additionally, Many urban commuters use gym bags to transition seamlessly between work and workouts. These bags often accommodate both professional attire and gym essentials, allowing users to hit the gym before or after work without needing an additional change of clothing or carrying multiple bags.
The surge in e-commerce is driving the gym bag market in several keyways. Firstly, the increasing number of e-commerce users means a larger customer base for online retailers. As more Mexicans turn to online shopping for convenience and variety, the demand for gym bags is rising. Consumers can easily browse, compare, and purchase gym bags from various brands and retailers without leaving their homes. The ease of online shopping and access to a wide range of products encourages more gym bag purchases.
Gym bag sales through offline channels, such as sporting goods stores, department stores, and specialty retailers, continue to hold a significant market share due to the tactile shopping experience they offer. Many consumers prefer to physically inspect gym bags, assessing their size, material quality, and functionality before purchase. Thus, the Canada market is expected to sale 2.08 million units of gym bag by offline distribution channel.
The US market dominated the North America Gym Bag Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $820.6 Million by 2031. The Canada market is experiencing a CAGR of 12% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 11.8% during 2024-2031.
Gym bags serve various applications that cater to different user needs, making them an essential accessory for anyone engaged in fitness activities. Gym bags are ideal for carrying essentials to various fitness classes, like pilates, yoga, or spinning. Their organized compartments help users store specific gear, like yoga mats, weights, and exercise bands, ensuring that everything needed for different classes is easily accessible.
Additionally, Many urban commuters use gym bags to transition seamlessly between work and workouts. These bags often accommodate both professional attire and gym essentials, allowing users to hit the gym before or after work without needing an additional change of clothing or carrying multiple bags.
The surge in e-commerce is driving the gym bag market in several keyways. Firstly, the increasing number of e-commerce users means a larger customer base for online retailers. As more Mexicans turn to online shopping for convenience and variety, the demand for gym bags is rising. Consumers can easily browse, compare, and purchase gym bags from various brands and retailers without leaving their homes. The ease of online shopping and access to a wide range of products encourages more gym bag purchases.
List of Key Companies Profiled
- Herschel Supply Company (Herschel Capital Corp.)
- ToteBagFactory (Smart-K LLC)
- Everlast Worldwide Inc. (Frasers Group plc)
- Nike, Inc.
- Adidas AG
- Under Armour, Inc.
- Lululemon Athletica, Inc.
- PUMA SE (Groupe Artémis S.A.)
- Reebok International Ltd. (Authentic Brands Group LLC)
- The North Face (VF Outdoor LLC)
Market Report Segmentation
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)- Offline
- Online
- Men
- Women
- Kids
- Duffle
- Drawstring
- Other Products
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Gym Bag Market by Distribution Channel
Chapter 5. North America Gym Bag Market by Gender
Chapter 6. North America Gym Bag Market by Product
Chapter 7. North America Gym Bag Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies profiled in this North America Gym Bag Market include:- Herschel Supply Company (Herschel Capital Corp.)
- ToteBagFactory (Smart-K LLC)
- Everlast Worldwide Inc. (Frasers Group plc)
- Nike, Inc.
- Adidas AG
- Under Armour, Inc.
- Lululemon Athletica, Inc.
- PUMA SE (Groupe Artémis S.A.)
- Reebok International Ltd. (Authentic Brands Group LLC)
- The North Face (VF Outdoor LLC)
Methodology
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