Global Camera Bag Market is valued at approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Camera bags come in various shapes and sizes, owing to the plethora of cameras available in the market. Camera bags help to maintain incredibly organized and readily accessible camera equipment. However, it has been found that it is difficult to fit wide and clunky equipment into camera bags. This has contributed to the success of camera backpacks and, for manufacturers and retailers, is translating into incremental opportunities. Photographers actually own all bags and backpacks according to project specifications. The market growth could be attributed to rise in the demand for comfortable camera bags from users, along with rising trend of using camera safety products. camera bags such as sightseer backpacks Holdfast Gear's Roamographer camera bags and are gaining fame among videographers. In the camera bag market, manufacturers are introducing separate cloth-based section that prevent damage to camera gear due to rough handling of bags. In order to improve revenue, they are growing their design efforts to introduce additional gear on the exterior of the pack, such as features to hold a tripod. Manufacturers are experimenting with products that ignore the need for regular bag cleaning, such as leather. The trend of smart backpacks is storming the market for camera bags. In order to improve product sales, in 2018, Lumzag, a supplier of smart and creative backpacks, is launching a new product called Backpack Pro which has remote anti-theft alarms, wireless charger, interior illumination, and other lucrative features. In the camera bag industry, competition has become intense as manufacturers are growing their R&D and design capabilities to incorporate tracking in bags with real-time GPS (Global Positioning System) to let people know the exact location of their smart backpacks. With the exception of the bag owner, the open warning technology prevents bags from opening. However, surge in supply and low demand, because of increased competition in the smart backpacks and camera bags sector may act as a restraint and can hamper the growth of the market.
The regional analysis of the global Camera Bag Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share Because of increase in the number of camera users. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate CAGR over the forecast period 2020-2027, owing to rise in the demand for comfortable camera bags from users
Major market player included in this report are:
Canon
TENBA
KATA
Sony
Vanguard
Benro
National Geographic
Lowepro
Jenova
Nikon
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Shoulder Bags
Backpacks
Sling Bags
Cases
Others
By Materials:
Polyester
Leather
Cotton
Nylon
Others
By Price Category:
Low
Medium
High
By End-Use:
Professional Photographers
Non-professional Photographers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027.
Target Audience of the Global Camera BagMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors