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Smart Bags Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026Segmented By Product Type, By Technology, By Distribution channel, By Region

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    Report

  • 111 Pages
  • October 2021
  • Region: Global
  • TechSci Research
  • ID: 5457859
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Global smart bags market is expected to show robust growth registering an impressive CAGR in the forecast period, 2016-2026 on the account of surging demand of the product following the recent developments. Future growth of the consumer towards business and leisure travelling is expected to drive the growth of the global smart bags market in the upcoming five years. Moreover, involvement of technologies like internet connectivity, RFID pockets, and USB connection, etc. is further supporting the growth of the global smart bags market in the next five years. The luggage industry overall is booming on the backbone of the latest innovation like tracking system, automated locking, and Bluetooth features further creating a lucrative growth for global smart bags market in the future five years. New market players are actively investing in the technical advancements and their incorporation in the luggage bags making them appropriate for smart travels, this consistent advancement along with start-up fundings and private investments is expected to propel the growth of global smart bags market in the forecast period.

Smart bags are the technologically influenced commodity for the consumers. It is an application-specific design that is intelligent enough to carry out various functions like USB charging, built-in weighing scales, TSA-approved lock and anti-theft features. GPS enabled designs are able to transmit their location through smart phones and GPS systems. Latest innovations of adding solar panels on the smart bags helps in charging the power banks, powering the whole bluetooth and GPS systems. RFID technology incorporated in the smart bags stores data about the required items and has emergency services that sends alerts via text messages to three pre-registered emergency numbers in case of any threat or emergency situations.

The global smart bags market is segmented based on product type, technology, distribution channel, competitional landscape, and regional distribution. Based on product type, the market is further segmented into bag packs, duffel bags, handbags, laptop bags, and others. Laptop bags are anticipated to dominate the market with largest amounts of revenue share in the upcoming five years. The market growth can be attributed to rapidly increasing consumers. Surge in the demand for the laptop bags for the adult generation as well as young teenage generation is expected to drive the growth of the market segment, that would influence the growth of global smart bags market in the next five years. Bag packs are expected to register significant growth on the backbone of rapidly increasing number of tech-savvy travelers. Technologically advanced features like GPS, power bank charging, RFID technology are all favorable tech for solo or group travelers, thereby enunciating the demand from the consumers and driving the growth of the global smart bags market in the forecast years.

Holding the major shares of the global smart bags market are Barracuda, Inc., Samsonite IP Holdings S.A.R.L, Horizn Studios GmbH, TraxPack LLC, Modobag, Delsey S.A., Planet Traveler USA, Away Com INC, Néit Products Ltd, RIMOWA GmbH & Co Distribution KG, among others. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through smart bags. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

  • Historical Years: 2016 - 2019
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2022 - 2026

Objective of the Study:

  • To analyze the historical growth of the market size of global smart bags market from 2016 to 2020.
  • To estimate and forecast the market size of global smart bags market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast global smart bags market based on product type, technology, distribution channel, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the global smart bags market.
  • To identify drivers and challenges for global smart bags market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global smart bags market.
  • To identify and analyze the profile of leading players operating in global smart bags market.
  • To identify key sustainable strategies adopted by market players in global smart bags market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufactures and service providers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufactures, distribution channels and presence of all major players across the country.

The publisher calculated the market size of global smart bags market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

  • Manufacturers, service providers, end users, and other stakeholders
  • Distributors and suppliers of products & services and other stakeholders
  • Organizations, forums, and alliances related to smart bags
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, service providers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:


In this report, global smart bags market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Smart Bags Market, By Product Type

  • Bag Packs
  • Duffel Bags
  • Handbags
  • Laptop Bags
  • Others

Smart Bags Market, By Technology

  • USB Charging
  • Connectivity
  • RFID Blocking Technology
  • Others

Smart Bags Market, By Distribution Channel

  • Specialty Store
  • Supermarket & Hypermarket
  • Apparel & Footwear Store
  • Online
  • Others

Smart Bags Market, By Region

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • South America
  • Brazil
  • Argentina
  • Colombia

Competitive Landscape


Company Profiles: Detailed analysis of the major companies present in global smart bags market.

Available Customizations:


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Table of Contents

1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Smart Bags Market4. Voice of Customer5. Executive Summary
6. Global Smart Bags Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Bag Packs, Duffel Bags, Handbags, Laptop bags, Others)
6.2.2. By Technology (USB Charging, Connectivity, RFID Blocking Technology, Others)
6.2.3. By Distribution channel (Specialty Store, Supermarket & Hypermarket, Apparel & Footwear Store, Online, Others)
6.2.4. By Company (2020)
6.2.5. By Region
6.3. Product Market Map
7. North America Smart Bags Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Technology
7.2.3. By Distribution channel
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Smart Bags Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product Type
7.3.1.2.2. By Technology
7.3.1.2.3. By Distribution channel
7.3.2. Canada Smart Bags Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product Type
7.3.2.2.2. By Technology
7.3.2.2.3. By Distribution channel
7.3.3. Mexico Smart Bags Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product Type
7.3.3.2.2. By Technology
7.3.3.2.3. By Distribution channel
8. Europe Smart Bags Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Technology
8.2.3. By Distribution channel
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. Germany Smart Bags Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product Type
8.3.1.2.2. By Technology
8.3.1.2.3. By Distribution channel
8.3.2. France Smart Bags Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product Type
8.3.2.2.2. By Technology
8.3.2.2.3. By Distribution channel
8.3.3. United Kingdom Smart Bags Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product Type
8.3.3.2.2. By Technology
8.3.3.2.3. By Distribution channel
8.3.4. Spain Smart Bags Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Product Type
8.3.4.2.2. By Technology
8.3.4.2.3. By Distribution channel
8.3.5. Italy Smart Bags Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Product Type
8.3.5.2.2. By Technology
8.3.5.2.3. By Distribution channel
9. Asia-Pacific Smart Bags Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By Technology
9.2.3. By Distribution channel
9.2.4. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Smart Bags Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Product Type
9.3.1.2.2. By Technology
9.3.1.2.3. By Distribution channel
9.3.2. Australia Smart Bags Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Product Type
9.3.2.2.2. By Technology
9.3.2.2.3. By Distribution channel
9.3.3. Japan Smart Bags Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Product Type
9.3.3.2.2. By Technology
9.3.3.2.3. By Distribution channel
9.3.4. India Smart Bags Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Product Type
9.3.4.2.2. By Technology
9.3.4.2.3. By Distribution channel
9.3.5. South Korea Smart Bags Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Product Type
9.3.5.2.2. By Technology
9.3.5.2.3. By Distribution channel
10. South America Smart Bags Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product Type
10.2.2. By Technology
10.2.3. By Distribution channel
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Smart Bags Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Product Type
10.3.1.2.2. By Technology
10.3.1.2.3. By Distribution channel
10.3.2. Colombia Smart Bags Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Product Type
10.3.2.2.2. By Technology
10.3.2.2.3. By Distribution channel
10.3.3. Argentina Smart Bags Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Product Type
10.3.3.2.2. By Technology
10.3.3.2.3. By Distribution channel
11. Middle East and Africa Smart Bags Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Product Type
11.2.2. By Technology
11.2.3. By Distribution channel
11.2.4. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Smart Bags Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Product Type
11.3.1.2.2. By Technology
11.3.1.2.3. By Distribution channel
11.3.2. Saudi Arabia Smart Bags Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Product Type
11.3.2.2.2. By Technology
11.3.2.2.3. By Distribution channel
11.3.3. UAE Smart Bags Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Product Type
11.3.3.2.2. By Technology
11.3.3.2.3. By Distribution channel
11.3.4. Kuwait Smart Bags Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Product Type
11.3.4.2.2. By Technology
11.3.4.2.3. By Distribution channel
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Barracuda, Inc.
14.2. Samsonite IP Holdings S.A.R.L
14.3. Horizn Studios GmbH
14.4. TraxPack LLC
14.5. Modobag
14.6. Delsey S.A.
14.7. Planet Traveler USA
14.8. Away Com INC
14.9. Néit Products Ltd
14.10. RIMOWA GmbH & Co Distribution KG
15. Strategic Recommendations16. About the Publisher & Disclaimer

Companies Mentioned

  • Barracuda, Inc.
  • Samsonite IP Holdings S.A.R.L
  • Horizn Studios GmbH
  • TraxPack LLC
  • Modobag
  • Delsey S.A.
  • Planet Traveler USA
  • Away Com INC
  • Néit Products Ltd
  • RIMOWA GmbH & Co Distribution KG