The Asia Pacific Gym Bag Market is expected to witness market growth of 12.3% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 26.82 million units, showcasing a growth of 16.6% (2020-2023).
Duffle bags are versatile, cylindrical bags commonly used for travel, sports, and gym purposes due to their spacious interiors and lightweight design. They offer easy access and organization with multiple compartments, making them ideal for carrying clothes, shoes, and gear. Thus, the China market is expected to utilize 10.18 million units of duffle bag by 2031.
The China market dominated the Asia Pacific 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 $256.5 Million by 2031. The Japan market is showcasing a CAGR of 11.6% during 2024-2031. Additionally, the India market would register a CAGR of 13% during 2024-2031.
Personal trainers and coaches use gym bags to carry their equipment, such as resistance bands, weights, and fitness guides. The convenience of a gym bag allows them to offer personalized training sessions in various locations, including parks or clients’ homes.
Additionally, professional sports teams often utilize gym bags for players to carry personal items, uniforms, and gear to practices and games. Custom bags featuring team logos can enhance team spirit and camaraderie among athletes.
The increasing rates of physical activities in Australia are significantly impacting the growth of the gym bag market. According to the Australian Bureau of Statistics, in 2022, one in five (22.4%) adults aged 18-64 met the physical activity guidelines, up from one in six (17.0%) in 2017-18. Additionally, two in three (67.4%) undertook at least some physical activity five or more days a week. This upward trend in physical activity levels reflects a growing awareness and commitment to health and fitness among Australians.
Duffle bags are versatile, cylindrical bags commonly used for travel, sports, and gym purposes due to their spacious interiors and lightweight design. They offer easy access and organization with multiple compartments, making them ideal for carrying clothes, shoes, and gear. Thus, the China market is expected to utilize 10.18 million units of duffle bag by 2031.
The China market dominated the Asia Pacific 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 $256.5 Million by 2031. The Japan market is showcasing a CAGR of 11.6% during 2024-2031. Additionally, the India market would register a CAGR of 13% during 2024-2031.
Personal trainers and coaches use gym bags to carry their equipment, such as resistance bands, weights, and fitness guides. The convenience of a gym bag allows them to offer personalized training sessions in various locations, including parks or clients’ homes.
Additionally, professional sports teams often utilize gym bags for players to carry personal items, uniforms, and gear to practices and games. Custom bags featuring team logos can enhance team spirit and camaraderie among athletes.
The increasing rates of physical activities in Australia are significantly impacting the growth of the gym bag market. According to the Australian Bureau of Statistics, in 2022, one in five (22.4%) adults aged 18-64 met the physical activity guidelines, up from one in six (17.0%) in 2017-18. Additionally, two in three (67.4%) undertook at least some physical activity five or more days a week. This upward trend in physical activity levels reflects a growing awareness and commitment to health and fitness among Australians.
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
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Gym Bag Market by Distribution Channel
Chapter 5. Asia Pacific Gym Bag Market by Gender
Chapter 6. Asia Pacific Gym Bag Market by Product
Chapter 7. Asia Pacific Gym Bag Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Asia Pacific 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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