Global Chest Bags Market Size study, By Product Type (Sling, Strap), By Application (Tactical, Sports, Travel), By End User (Men, Women), By Distribution Channel (Online, Offline), and Regional Forecasts 2022-2028
Global Chest Bags Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Chest Bags also known as sling bags or crossbody bags. These bags are intended for storage of essentials such as Smartphones, Sunglasses, Cash, Cards, Makeup essentials, and keys among others. Chest bags come in different formats such as Sling and Strap. Rising preference towards recreational activities and increasing trend of online retailing, as well as growing recognition and adoption of physical activity are driving the growth of Chest Bags Market. For instance, as per Statista – as of 2022, revenue in Sports Activities & Amusement & Recreation Activities was estimated at USD 170.90 billion, and the revenue is estimated to grow annually by 2.68% between 2022 and 2025 to reach to USD 185.01 billion. Furthermore, according to Statista estimates- as of 2022, revenue in the eCommerce market in Asia is estimated at USD 2,093 billion. Moreover, revenue is projected to show CAGR of 7.99% between 2022 and 2025 to reach to USD 2,636 billion by 2025. Also, growing trend for online shopping and rising adventure tourism industry are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, disruptions in global supply chain due to covid 19 pandemic impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Chest Bags Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of outdoor recreational activities and rising tourism sector in the region. Whereas, North America is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing trend of online shopping and rising adventure tourism sector in the region, would create lucrative growth prospects for the Chest Bags Market across the Asia Pacific region.
Major market players included in this report are:
H&M Group
Asos plc
Christian Dior
Louis Vuitton
Cut & Stitch
Western Textile & Manufacturing, Inc.
Baikal Inc.
Waterfly Chest
Clutch Made Factory
Continental Bag Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Product Type
Sling
Strap
Application
Tactical
Sports
Travel
Others
End-user
Men
Women
Distribution Channel
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Chest Bags Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
H&M Group
Asos plc
Christian Dior
Louis Vuitton
Cut & Stitch
Western Textile & Manufacturing, Inc.
Baikal Inc.
Waterfly Chest
Clutch Made Factory
Continental Bag Company
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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