Published by Uma Rajagopal
Posted on January 25, 2022
According to a recent report by Future Market Insights (FMI), the professional gear bags market is expected to surpass a valuation of US$ ~ 18,110.8 Mn in 2022 and at a CAGR of approximately 4.8% through 2028.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-6858
With the advancement of technology, manufacturer of professional gear bags market modified their offering and launched smart gear bags in the market. Players in the market are taking feedback from the customers and analyzing the need of time and introducing smart bags which have features like GPS tracking, mobile app connection, etc. that makes the experience of user reliable, controllable and easier.
The most technologically advanced age group of people are thought to be the youngest ones. These people have witnessed several technological advancements and innovations. This generation is captivated by new products. Millennial are the people most interested in having smart gear bags with them. Smart gear bags have ports for charger, USB and cables, which make them perfect travel accessories when going on a business trip, office, travel, holiday, industrial visit, etc.
Furthermore, growing internet penetration and rapid growth of E-commerce platforms have been the key factors accelerating the promotion and popularity of outdoor activities and accessories such as smart gear bags. Although trip-related spending has been on a higher side, expenditure in activities such as wildlife watching or other recreational activities will also continue to hold considerably large shares by value. The above scenario is attributed to the steady growth of the professional gear bags market over the forecast period.
For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-6858
Key Takeaways from the Professional Gear Bags Market Study
“The efforts undertaken by manufacturers to promote design invention facilitating easy-to-pack features, waterproof bottoms, easy to grab handles, smart charging ports, internal storage, and other additional smart features are likely to gain millennial attention, thus escalating demand in the coming years..” says an FMI analyst.
For any queries linked with the report, ask an analyst
https://www.futuremarketinsights.com/ask-question/rep-gb-6858
Impact of COVID-19 on the Market
Manufacturers encountered various obstacles as a consequence of the pandemic outbreak. The outbreak of novel coronavirus resulted in numerous operational challenges for players. Besides the supply sides, the impact of covid-19 was also felt on the demand front. Retailers wanted to digitalize their processes and adopt a customer-centric approach, which could help in recovering their financial position. Decline in participation in outdoor recreation activity was one of the primary demand side factor that impacted the sales growth.
Who is winning?
Major players present in the professional gear bags market are Garmin Ltd., Jeppesen Sanderson, Inc., Aviation Supplies & Academics, Inc., Samsonite IP Holdings S.ar.l, VF Corporation, LVMH group, VIP Industries Ltd., ACE Co., Ltd., The Vitec Group PLC, The Tiffen Company, LLC, Go Professional Cases Inc., 5.11 Tactical, Blackhawk!, Fechheimer Brothers Company, Beretta Corp., Oakley Inc., Drago Gear, North American Rescue LLC., Conterra Inc. and Rothco Inc. among others.
Explore FMI’s Extensive Coverage on Consumer Product Domain
Water Flosser Market– As per newly released data by Future Market Insights (FMI), the Water Flosser Market is estimated at US$ 1,020.0 Mn in 2022 and is projected to reach US$ 1,417.2 Mn by 2027.
Floral Extract Market – As per newly released data by Future Market Insights (FMI), the floral extract market is estimated at USD 2.6 billion in 2022 and is projected to reach USD 3.8 billion by 2029, at a CAGR of 4.3% from 2014 to 2021.
Lip Powder Market– As per newly released data by Future Market Insights (FMI), the lip powder market is estimated at US$ 439.7 Mn in 2022 and is projected to reach US$ 592.1 Mn by 2027, at a CAGR of 6.1% from 2022 to 2027
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Reports: https://www.futuremarketinsights.com/reports/professional-gear-bags-market
Press-Release: https://www.futuremarketinsights.com/press-release/professional-gear-bags-market
According to a recent report by Future Market Insights (FMI), the professional gear bags market is expected to surpass a valuation of US$ ~ 18,110.8 Mn in 2022 and at a CAGR of approximately 4.8% through 2028.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-6858
With the advancement of technology, manufacturer of professional gear bags market modified their offering and launched smart gear bags in the market. Players in the market are taking feedback from the customers and analyzing the need of time and introducing smart bags which have features like GPS tracking, mobile app connection, etc. that makes the experience of user reliable, controllable and easier.
The most technologically advanced age group of people are thought to be the youngest ones. These people have witnessed several technological advancements and innovations. This generation is captivated by new products. Millennial are the people most interested in having smart gear bags with them. Smart gear bags have ports for charger, USB and cables, which make them perfect travel accessories when going on a business trip, office, travel, holiday, industrial visit, etc.
Furthermore, growing internet penetration and rapid growth of E-commerce platforms have been the key factors accelerating the promotion and popularity of outdoor activities and accessories such as smart gear bags. Although trip-related spending has been on a higher side, expenditure in activities such as wildlife watching or other recreational activities will also continue to hold considerably large shares by value. The above scenario is attributed to the steady growth of the professional gear bags market over the forecast period.
For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-6858
Key Takeaways from the Professional Gear Bags Market Study
“The efforts undertaken by manufacturers to promote design invention facilitating easy-to-pack features, waterproof bottoms, easy to grab handles, smart charging ports, internal storage, and other additional smart features are likely to gain millennial attention, thus escalating demand in the coming years..” says an FMI analyst.
For any queries linked with the report, ask an analyst
https://www.futuremarketinsights.com/ask-question/rep-gb-6858
Impact of COVID-19 on the Market
Manufacturers encountered various obstacles as a consequence of the pandemic outbreak. The outbreak of novel coronavirus resulted in numerous operational challenges for players. Besides the supply sides, the impact of covid-19 was also felt on the demand front. Retailers wanted to digitalize their processes and adopt a customer-centric approach, which could help in recovering their financial position. Decline in participation in outdoor recreation activity was one of the primary demand side factor that impacted the sales growth.
Who is winning?
Major players present in the professional gear bags market are Garmin Ltd., Jeppesen Sanderson, Inc., Aviation Supplies & Academics, Inc., Samsonite IP Holdings S.ar.l, VF Corporation, LVMH group, VIP Industries Ltd., ACE Co., Ltd., The Vitec Group PLC, The Tiffen Company, LLC, Go Professional Cases Inc., 5.11 Tactical, Blackhawk!, Fechheimer Brothers Company, Beretta Corp., Oakley Inc., Drago Gear, North American Rescue LLC., Conterra Inc. and Rothco Inc. among others.
Explore FMI’s Extensive Coverage on Consumer Product Domain
Water Flosser Market– As per newly released data by Future Market Insights (FMI), the Water Flosser Market is estimated at US$ 1,020.0 Mn in 2022 and is projected to reach US$ 1,417.2 Mn by 2027.
Floral Extract Market – As per newly released data by Future Market Insights (FMI), the floral extract market is estimated at USD 2.6 billion in 2022 and is projected to reach USD 3.8 billion by 2029, at a CAGR of 4.3% from 2014 to 2021.
Lip Powder Market– As per newly released data by Future Market Insights (FMI), the lip powder market is estimated at US$ 439.7 Mn in 2022 and is projected to reach US$ 592.1 Mn by 2027, at a CAGR of 6.1% from 2022 to 2027
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Reports: https://www.futuremarketinsights.com/reports/professional-gear-bags-market
Press-Release: https://www.futuremarketinsights.com/press-release/professional-gear-bags-market
