messenger bags for women with central america

The online segment is likely to expand at the fastest CAGR over the forecast period owing to the proliferation of e-commerce players within the industry. Popular laptop messenger bag brands principally prefer the distribution of their products through specialty stores backed by their strong brand reputation. Specialty stores can be further classified into two categories, namely multi-brand and single-brand specialty stores. Offline channels for the distribution of laptop messenger bags majorly include hypermarkets and supermarkets and specialty stores. The offline segment dominated the market in 2019 and held a 79.4% share of the overall revenue. In terms of distribution channels, the laptop messenger bags market is segmented into two categories, namely offline and online. Despite the aesthetic appeal of leather-based laptop messenger bags, sustainably sourced bags are likely to gain more traction in the near future, most notably in Europe and Asia Pacific. In this regard, jute-based messenger bags are gaining widespread attention within the industry. Rising adoption and popularity of sustainable materials is a key trend that has been gripping the market over the years. However, manufacturers of laptop messenger bags employ a wide variety of materials, including leather, to reduce the threat of substitution for their products. Backpacks are among the most popular laptop carry cases and are among the most significant alternatives to laptop messenger bags. Backpacks, sleeves, briefcases, and rollers are the substitutes for laptop messenger bags. However, rising availability of counterfeit products, most notably in the Asian markets, such as China and India, is expected to impede market growth over the forecast period.Īvailability of numerous substitutes also challenges the market.

The trend of Bring Your Own Device (BYOD) is likely to boost the product demand in the near future, with a sizable number of businesspersons contributing to this trend. In this respect, smart laptop messenger bags are likely to redefine the product demand over the forecast period. Market players are expected to use advanced technology to target a wide variety of customers, including millennials. Laptop messenger bags are popular owing to features, such as GPS tracking, multiple storage options, and inbuilt USB charging port. Furthermore, increasing global fares on luggage, coupled with weight limitations enforced by various airlines, are driving the demand for lightweight laptop carry cases, including messenger bags. Prominent market participants have been focusing on employing high-end technology to manufacture lightweight fabric due to growing consumer interest in lightweight laptop bags. Laptop messenger bags are popular among consumers for their ease of carrying and lightweight. At a macro level, rising consumer awareness regarding the aesthetic appeal of laptop carry cases, along with expanding consumer base of fashion-conscious consumers worldwide, is expected to sustain the growth of the market in the foreseeable future. Increasing use of laptops as a mainstream device is likely to boost the demand for laptop messenger bags throughout the forecast period. The global laptop messenger bags market size was valued at USD 496.5 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.1% from 2020 to 2027.

Messenger bags for women with central america