Chest Bags Market By Product Type (Sling, Strap), By End User (Men, Women), By Sales Channel (Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Multi Branded Stores, Online, Others) By Region, By Competition Forecast & Opportunities, 2024-2032F

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Forecast Period2024-2028
Market Size (2022)USD2.9 billion
CAGR (2023-2028)10.5%
Fastest Growing SegmentSling
Largest MarketAsia-Pacific
MIR Consumer Goods and Retail

Market Overview

Key Market Drivers

Urbanization and Changing Lifestyles

Fashion and Personal Style

MIR Segment1

Versatility and Practicality

Rise of E-commerce and Online Retail

Sustainability and Ethical Considerations

Key Market Challenges

MIR Regional

Competition and Brand Saturation

Counterfeit and Low-Quality Products

Supply Chain Disruptions

Sustainability and Ethical Concerns

Key Market Trends

Sustainability and Eco-Friendly Materials

Customization and Personalization

Tech Integration and Smart Features

Gender-Neutral and Inclusive Designs

Digital Engagement and Social Media Marketing

Collaborations and Limited Editions

Segmental Insights

Product Type Insights

End User Insights

Regional Insights

Recent Developments

  • In October 2019, H&M acquired a controlling interest in Sellpy, anonline second-hand retailer, as part of its efforts to become a sustainablefashion brand.
  • In 2021, Nike acquires virtual sneakers and crypto collectibles startupRTFKT.

Key Market Players

  • Continental Bag Company
  • H&M Group
  • Clutch Made Factory
  • Christian Dior
  • Waterfly Chest
  • Louis Vuitton
  • Baikal Inc.
  • Western Textile & Manufacturing, Inc.
  • Cut & Stitch
  • Asos

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