The Global Travel Shoe Bag Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) over 2022-2030.
Shoe bags are used by travellers to separately pack their shoes inside travel bags or suitcase. These bags are made with a fabric that is dust proof in nature and has a drawstring closure attached to it. This keeps other things like clothes away from the show inside the bag. They are considered to be an ideal option for camping and trekking trips. Some of the primary materials used to manufacture the hard side versions of show bags are polypropylene, polycarbonate, and acrylonitrile-butadiene-styrene (ABS). But lightweight and soft variations are made using vinyl, leather, cotton, nylon, and polyester.
Market insights and analysis: Travel shoe bag industry worldwide:
The percentage of the United States in 2022 was lower than the percentage of China, and it is anticipated that China will have a larger market share by 2030, with a slower CAGR throughout the analysis period. The travel shoe bag market in Europe is expected to reach USD million in Germany by 2030. Japan and South Korea are noteworthy markets in Asia, with a respective CAGR for the next six years.
By 2030, the Water Proof segment of the Travel Shoe Bag market, which accounted for of the global market in 2021, is expected to reach USD million, increasing at a revised CAGR from 2022 to 2030. While the Long Trip segment will hold a share around in 2030 and change to CAGR during this projected period.
What are the expansion determinants and restraints of this marketplace?
The market’s expansion can be linked to a number of variables, including an increase in the number of air travellers, rising income levels, and a booming tourism sector. Additionally, technology developments have led to the creation of inventive, lightweight, and portable travel bags.
Due to the rising need for various travel bags, there has been tremendous expansion in the travel and tourist industry, which also includes medical tourism.
Another element projected to fuel the market expansion for travel bags throughout the forecast period is the constant movement of business travellers.
Moreover, rising inclination of the masses especially the youth towards trekking and camping activities is creating lucrative opportunities for the industry vertical to prosper.
Alongside, the escalating use of organic dyes to produce shoe bags is adding traction to the development of this industry vertical.
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Global Travel Shoe Bag Market- Segmental assessment
By type
- Waterproof
- Not water proof
- Others
The waterproof segment is slated to generate significant returns over the forecast period due to the steep rise in trekking activities across the globe.
By application
- Long trip
- Short journey
- Others
The long trip segment is reckoned to capture a substantial share over the stipulated timeline owing to the ability of these bags to keep shoes safe and away from other clothes inside a bag pack or suitcase.
Global Travel Shoe Bag Market- Geographical landscape:
The major regions constituting the geographical ambit of this business sphere are North America, Middle East Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030,
Global Travel Shoe Bag Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are Pack All, Kimmama, YAMIU, Piel Leather, RMMOORORO, LBU, Inc, Tetrafab Custom Cases, Sasco, Inc and TazPack, etc.
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Frequently Asked Questions
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