19 Aug, 2019

2019-2023 School Bags Market Geographical Segmentation,Consumer Durables & Apparel,Textiles, Apparel & Luxury Goods,Apparel, Accessories & Luxury Goods sector will reach CAGR of 5.8%

Aug 19, 2019

School Bags Market Report focuses on the important pillars of the businesses such as drivers, restraints, and opportunities that either grow or obstruct the market. Current scenario of the market is expected to grow up to 2019 in upcoming 2023 year in Consumer Durables and Apparel, Textiles, Apparel and Luxury Goods, Apparel, Accessories and Luxury Goods Sector. This research report recognizes the industrial base, productivity, Vendors, strengths, and recent trends, features, which are the basic requirements in the market to enlarge the companies and promote financial growth.



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About School Bags market



Adoption of new teaching methodologies and increasing focus on extracurricular activities by schools are necessitating the use of laptops and tablets among students. Having to carry such electronic gadgets is increasing the weight of school bags, which is increasing the demand for lightweight bags among parents and school administrations. To cater to this demand, vendors are using advanced technologies and raw materials to develop lightweight school bags. For instance, several vendors are offering water repellent lightweight bags made of polyurethane. The growing demand for lightweight school bags is expected to drive the growth of the global school bags market size at a CAGR of over 6% during 2019-2023.



School BagsMarket 2019 Trend, Challengeand Driver: -



Market Overview





  • Increasing the global literacy rate


  • According to the World Bank Group, the global literacy rate among people within the age range of 15-24 years has increased by 6.89% during 1996-2016. Such growth in the literacy rate is indicative of the fact that the number of student enrolments in educational institutions will increase, which will a positive impact on the growth of the global school bags market size.


  • Presence of counterfeit products (Me-Too brand)


  • The growth of the e-commerce industry is easing the distribution of counterfeit products across various regions. Manufactured out of toxic and low-quality raw materials, counterfeit products imitate logo, and trademarks of genuine brands and are marketed at cheaper rates. While this is harming the reputation of vendors, it is also compelling them to reduce the market price of their products despite incurring a high production cost.


  • For the detailed list of factors that will drive and challenge the growth of the schoolbags market size during 2019-2023, view our report.




Competitive Landscape





  • The market appears to be fragmented with many players occupying the market share. Companies such as DELSEY and LVMH Moët Hennessy - Louis Vuitton have intensified competition. Factors such as the high demand for lightweight school bags and increasing global literacy rate will provide significant growth opportunities for school bags manufacturers. DELSEY, LVMH Moët Hennessy - Louis Vuitton, Samsonite International SA, Targus Inc., and VF Corp. are some of the major companies covered in this report.




Geographic Segmentation:





  • North America(UnitedStates, Canada, andMexico)


  • Europe(Germany, France, UK, Russia, andItaly)


  • Asia-Pacific(China, Japan, Korea, India, andSoutheast Asia)


  • South America(Brazil, Argentina, Colombia)


  • The MiddleEast and Africa(Saudi Arabia, UAE, Egypt, Nigeria, andSouth Africa)




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List Of Key vendorsoperating in 2019 School Bags market space are



DELSEY, LVMH Moët Hennessy - Louis Vuitton, Samsonite International SA, Targus Inc., VF Corp.



Consumer Landscape: -



The key to any successful business is understanding the new demands of the customers and keeping a close watch on the changing model of the client base. The more you engage with your client base, the clearer you are about the most productive ways in which to hook your ideal customer. Predicting what your customers want, even before they themselves know about it, is the first step to profitable innovation.



This School Bags market 2019 research is a result of: -





  • Qualitative analysis: -School Bags Market drivers, 2019 Market challenges, Market trends, Five forces analysis.


  • Quantitative analysis: -School Bags Market size and forecast, 2019 Market segmentation, Geographical insights, Competitive landscape.


  • Primary research: - School Bags Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.


  • Secondary research: -School Bags Manufacturers/suppliers, Channel partners, Industry experts, Strategic decision makers.


  • Data synthesis:- Collation of data, Estimation of key figures, Analysis of derived insights.


  • Data validation:- Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.




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Table of Contents included in School Bags Market 2019 Report -PART 01: Executive summary



PART 02: Scope of the report





  • Market overview


  • Base year


  • Forecast period


  • Market coverage


  • Market size calculation


  • Geographical segmentation


  • Vendor segmentation




PART 03: Research Methodology





  • Research methodology


  • Economic indicators




PART 04: Introduction





  • Key market highlights




PART 05: Market landscape



PART 06: Market segmentation by end-user industry



PART 07: Market segmentation by application



PART 08: Geographical Segmentation



PART 09: A Decision framework



PART 10: Impact of drivers and challengesAnd Many More Parts Covered.



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Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit 2019-2023 School Bags Market Geographical Segmentation,Consumer Durables and Apparel,Textiles, Apparel and Luxury Goods,Apparel, Accessories and Luxury Goods sector will reach CAGR of 5.8%


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