Global Laptop Carry Case Market 2019-2023 | Increasing Demand for Traveler Laptop Bags to Boost Growth | Technavio
LONDON--(BUSINESS WIRE)--Oct 14, 2019--
The global laptop carry case market is expected to post a CAGR of around 4% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report
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Technavio has announced its latest market research report titled global laptop carry case market 2019-2023. (Graphic: Business Wire)
Consumers, especially those in corporate business are exhibiting strong demand for lightweight laptop bags that are best suited for travel. This is due to the growing stringency of regulations pertaining to weight and increasing luggage fares in the airlines industry. To capitalize on this demand, vendors are introducing lightweight laptop bags made of hard-sized materials with high-end technologies. Several vendors are offering lightweight laptop bags with added features such as leather-wrapped handles, non-slip shoulder and trolley straps, dedicated file sections, pen loops, and multiple accessory compartments. With rising demand for such lightweight bags, the growth of the global laptop carry case market will accelerate during the forecast period.
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As per Technavio, the increasing demand for traveler laptop bags will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global Laptop Carry Case Market: Increasing Demand for Traveler Laptop Bags
The growth of the global travel industry has increased the demand for travel-oriented laptop bags. This is encouraging vendors to develop multipurpose laptop bags that can also be used as traveler bags. Several vendors are offering traveler laptop bags that can be used as a backpack, shoulder bag, crossbody bag, or a handheld bag. Certain vendors are developing water-resistant traveler bags equipped with RFID data vault, dedicated compartment to fit a 17” laptop, tablet compatible sleeve, and key FOB to attract customers. The increasing demand for such multipurpose bags is driving product innovation among vendors. These factors are expected to boost the growth of the global laptop carry case market during the forecast period.
“Apart from the increasing demand for traveler laptop bags, rising demand for travel, business, and laptop bags at airports and increasing celebrity endorsement are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.
Global Laptop Carry Case Market: Segmentation Analysis
This market report segments the global laptop carry case market by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America).
The APAC region led the market in 2018, followed by North America, Europe, South America, and MEA respectively. During the forecast period, the APAC region is expected to maintain its dominance over the global market. This is due to high spending on premium and high-quality personal accessories, including laptop bags.
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Some of the key topics covered in the report include:
Five Forces Analysis
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