Dublin, Nov. 27, 2024 (GLOBE NEWSWIRE) -- The "School Bags Market Global Forecast Report by Fabric, Type, Age, Distribution Channel, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The Global School Bags Market will reach US$ 37.19 billion by 2033, up from US$ 24.14 billion in 2024, with a CAGR of 4.92% between 2025 and 2033
Some of the factors controlling the market's growth include the growing number of students attending school, the promotion of ergonomic bag designs by health consciousness, the rise in disposable incomes, the popularity of personalized and customizable bags, the development of material technology, the growth of online retail platforms, the increasing influence of pop culture on design, and an increase in environmentally conscious consumer preferences. 
Global School Bags Industry Overview
The main factors driving the school bag market are changing student fashion trends, the increasing focus on outdoor and extracurricular activities that call for specialized bags, the expansion of partnerships between bag manufacturers and educational institutions, and growing consumer awareness of child safety, which has led to the inclusion of safety features in bags. Additionally, the market is growing as a result of the growing popularity of licensed products from children's media, changes in educational systems toward digital learning, a rise in marketing and promotional efforts aimed at young consumers, and the growing influence of social media on student preferences.
Rising global population and school-going children
The market for school bags is significantly influenced by the growing worldwide population, especially the number of children attending school. For instance, As per a statement by United Nations, India will continue to be the most populated nation in the world for the entire century, according to the United Nations, even though its population is expected to peak in the early 2060s at over 1.7 billion and then drop by 12%.
Additionally, more children are enrolling in school as the world's population grows, particularly in developing nations in Asia, Africa, and Latin America. For instance, in the United States approximately 49.6 million students were enrolled in public elementary and secondary schools in the fall of 2022, as per the National Center for Education Statistics. The increased demand for school-related goods, such as school backpacks, is a direct result of this demographic change. The number of children attending school is increasing as more families place a higher priority on education, which increases the demand for reasonably priced and useful school backpacks to accommodate this expanding student body.
Furthermore, the growing middle class in nations with high birth rates and increasing urbanization increases demand for school bags since they have more money to spend on fashionable, long-lasting, and high-quality school supplies. The industry is seeing increase in school bags that encourage improved posture and lessen shoulder and back strain as parents realize how important ergonomically designed backpacks are for their kids' comfort and health.
An increase in disposable incomes
One of the notable factors fueling the market for school bags is an increase in disposable income. Families have more money to spend on better, more durable, and more fashionable school bags for their kids as family incomes rise, especially in emerging economies. Parents can now prioritize school bags' style, brand, and extra features like eco-friendly materials, water resistance, and ergonomic support in addition to their fundamental usefulness thanks to this economic improvement. Parents who have more money to spend are more likely to buy high-end, branded bags that will last, which helps the market expand.
Furthermore, there is a growing need for a greater variety of options, such as stylish and customized school bags that represent each child's own style, as the middle class grows in developing nations. Online retail and e-commerce platforms also profit from this trend, providing customers with convenient access to a range of high-end school bags that were previously hard to find. Furthermore, parents who have more money to spend are more inclined to purchase multiple bags for various extracurricular or school-related activities, which boosts sales even more. Essentially, families can now afford to spend more on high-quality, multipurpose school bags because to the increase in disposable income, which increases demand and promotes the market's steady expansion.
Ongoing Developments in Material Science
Fashion and customization trends are major factors propelling the market for school bags. The demand for school bags that showcase personal flair is rising as kids become more fashion-conscious and keen to show off their uniqueness. Because they understand that fashionable bags affect a child's social image in addition to their functionality, parents are also becoming more and more willing to spend money on them. As a result, a wider range of patterns, colors, and designs are now accessible to suit a wider range of tastes, from bold prints to sleek, minimalist designs.
With numerous brands providing personalized choices like monogramming, patches, and compartments that can be customized, personalization has further spurred the market's growth. Students may stand out with personalized school backpacks, which gives them a sense of empowerment and individuality. Younger kids and teenagers, who are keen to show off their individuality through their accessories, are particularly drawn to this trend.
Manufacturers are responding to these trends by concentrating on limited-edition releases, special collections, and partnerships with well-known figures, influencers, or franchises. For instance, in September 2021, targeting students going back to school following the summer holiday, Puma announced the debut of their "Back to School" collection. A variety of school backpacks and accessories that were both fashionable and functional were part of the collection.
Furthermore, in July 2022, Nike debuted their newest line of backpacks for school, designed to improve students' extracurricular and academic lives. Children will be well-prepared and excited about returning to school environments because to the sturdy, roomy, and comfy design of these backpacks. Because kids are affected by classmates and influencers who display their fashionable school bags, the emergence of social media also contributes to the increase in fashion-conscious behavior. As a result, there is a growing need for stylish, customized school bags, which is a major driver of market growth.
School Bags Market Overview by Regions
Due to a number of variables, such as customer preferences, educational systems, and demographics, the school bag market differs substantially by region. Asia-Pacific prioritizes affordability and usefulness over durability and design, which is a reflection of different cultural trends and economic conditions. The following provides a market overview by region:
United States School Bags Market
Due to reasons like growing student enrollment, rising disposable income, and rising desire for stylish and functional designs, the school bag industry in the US is expanding steadily. High-quality school bags are still in high demand due to the large number of students enrolled in K-12 and postsecondary educational institutions. Parents are spending more money on bags that prioritize comfort and durability while fusing style and usefulness. Due to increased awareness of the health risks connected with large baggage, ergonomic backpacks that improve posture and lessen back strain are growing in popularity. Additionally, consumers' preferences are being influenced by the movement toward sustainable and eco-friendly materials; many are choosing bags made of organic or recycled textiles.
India School Bags Market
India's growing student population and rising disposable budgets are driving the country's school bag market's notable expansion. As per the Ministry of Finance, in FY22, 26.5 crore school enrollments were conducted in India. The need for school bags is continuously growing in both urban and rural areas due to rising school enrollment rates and increased awareness of education. Indian customers are choosing more and more comfortable, long-lasting bags with fashionable designs for kids and teens.
The demand for high-end, branded school bags is rising along with the middle class. Additionally, shoppers who care about the environment are choosing bags made of recyclable and sustainable materials. A larger audience may now purchase school bags because to the increased accessibility and diversity brought about by the growth of online shopping. It is anticipated that this rising demand would keep propelling market growth in the coming years.
United Kingdom School Bags Market
The market for school bags in the UK is expanding due to rising consumer demand for goods that are both fashionable and useful. Due to a steady student body and growing disposable means, parents in the UK are prepared to spend money on premium, ergonomic school backpacks that guarantee comfort and encourage proper posture. With students looking for stylish, branded bags that express their individuality, the trend toward stylish school bags has accelerated. Another important consideration is sustainability, since environmentally concerned buyers like bags composed of recyclable or environmentally friendly materials. E-commerce, which provides a multitude of choices, has been essential in broadening market reach.
Saudi Arabia School Bags Market
The growing number of students and rising disposable incomes in Saudi Arabia are fueling the market for school backpacks. There is a growing need for high-quality school backpacks that blend comfort, design, and usefulness as education becomes the nation's top concern. In addition to fashionable, branded options that appeal to both kids and teens, parents are choosing ergonomic designs that promote health. Consumer preferences are also being influenced by the increased demand for eco-friendly products, with sustainable materials becoming more popular. By providing a large selection of school bag solutions to satisfy a variety of customer needs, e-commerce platforms are also improving accessibility.
Company Analysis
- Adidas AG
- Nike Inc.
- Puma SE
- Samsonite International S.A.
- Sumdex Group
- VIP Industries Limited
- Wildcraft
-
- Overview
- Key Persons
- Recent Development & Strategies
- Product Portfolio
- Financial Insights
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 120 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value (USD) in 2024 | $24.14 Billion |
| Forecasted Market Value (USD) by 2033 | $37.19 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global School Bags Market
6. Market Share Analysis
6.1 Fabric
6.2 Type
6.3 Age
6.4 Distribution Channel
6.5 Country
7. Fabric
7.1 Canvas
7.2 Polyesters
7.3 Nylon
7.4 Leather
7.5 Others
8. Type
8.1 Messenger Bag
8.2 Backpack
8.3 Laptop Bag
8.4 Duffel Bag
8.5 Clutch Bag
9. Age
9.1 Preschool
9.2 Elementary School
9.3 Middle School
9.4 High School
10. Distribution Channel
10.1 Supermarkets and hypermarkets
10.2 Hypermarket
10.3 Online Retail
10.4 Others
11. Country
11.1 North America
11.1.1 United States
11.1.2 Canada
11.2 Europe
11.2.1 France
11.2.2 Germany
11.2.3 Italy
11.2.4 Spain
11.2.5 United Kingdom
11.2.6 Belgium
11.2.7 Netherlands
11.2.8 Turkey
11.3 Asia Pacific
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 Australia
11.3.5 South Korea
11.3.6 Thailand
11.3.7 Malaysia
11.3.8 Indonesia
11.3.9 New Zealand
11.4 Latin America
11.4.1 Brazil
11.4.2 Mexico
11.4.3 Argentina
11.5 Middle East & Africa
11.5.1 South Africa
11.5.2 Saudi Arabia
11.5.3 UAE
12. Porter's Five Analysis
12.1 Bargaining Power of Buyers
12.2 Bargaining Power of Suppliers
12.3 Degree of Rivalry
12.4 Threat of New Entrants
12.5 Threat of Substitutes
13. SWOT Analysis
13.1 Strength
13.2 Weakness
13.3 Opportunity
13.4 Threat
For more information about this report visit https://www.researchandmarkets.com/r/yx7vqj
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