The global kids travel bags market size is expected to reach
USD 509.2 million by 2025, according to a new report by Grand View Research,
Inc., expanding at a CAGR of 15.5% over the forecast period. The market growth
is attributed to growing trend of family trips, educational tours of kids, and
inclination towards outbound travels. Shifting preference towards leisure
travels with families also acts as a driving factor for increasing penetration
of kids traveling bags on account of providing a sense of responsibility as
well as fun to carry own luggage.
Rising awareness of kid’s
luggage such as trolley bags, backpacks, and duffle bag has increased the
importance of carrying a kid’s travel luggage. The product is gaining traction
due to children getting engaged in taking care of their own luggage, which
increases their engagement and helps them keep more involved as the activity
requires concentration. Moreover, high engagement of kids towards their luggage
helps in easing out the burden on parents and also helps carve the feeling of
responsibility in children. Moreover, introduction of ride-on-suitcase for
children by various companies such as Trunki and SkootCases, which can be
ridden by children and at the same time act as a trolley suitcase.
Backpack is expected to
witness the highest CAGR of 15.9% from 2019 to 2025. Introduction of rolling
backpacks by producers is expected to significantly boost the growth of this segment
owing to the option of rolling down as well as carrying it on shoulders by
kids. For instance, in 2018, Kreative Kids, Inc. has introduced Plush Rollers
as rolling backpacks for children, which are available in different animal
characters.
Furthermore,
manufacturers are constantly introducing newer innovative products in order to
catch hold of child’s attention towards the product. Thus, there are a wide
range of cartoon character travel bags available for children such as
collection of Marvel, Disney Princess, Pokemon, Car Racing, and other
attractive collection in the form of trolley suitcase as well as backpacks.
Europe led the market and
held 33.3% share of the global revenue in 2018. According to studies, in 2017,
26% of the European population is bound to indulge in outbound tourism, once
every year. Thus, growing trend of travel and hospitality results in increased
sales of travel bags and therefore, increase the demand for kids travel bags.
For full research report on Kids Travel
Bags Market visit here:
https://www.grandviewresearch.com/industry-analysis/kids-travel-bags-market
Further key findings from the report
suggest:
- Europe held the maximum share in the global kids
travel bags market owing to increasing preference for travel and tourism
as well as large concentration of players
- By product type, trolley accounted for a revenue
share of 74.5% in 2018.Backpack is expected to expand at a CAGR of 15.9%
due to rising inclination towards smaller and slimmer bags
- The industry is highly competitive in nature with
the main players including Samsonite; Trunki; Carter’s Inc.; Smiggle;
Elodie Details AB; Mattel, Inc.; SANRIO CO., LTD.; TOMY; Babymel; and IQ
Toy.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/kids-travel-bags-market/request/rs1
Grand View Research has segmented the global kids travel
bags market on the basis of product type, distribution channel, and region:
Kids Travel Bags Product Type Outlook
(Revenue, USD Million, 2015 - 2025)
- Trolley
- Backpack
- Others
Kids Travel Bags Distribution Channel
Outlook (Revenue, USD Million, 2015 - 2025)
- Hypermarket/Supermarket
- Specialty Stores
- Online
- Others
Kids Travel Bags Regional Outlook (Revenue,
USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- India
- China
- Central & South America
- Brazil
- Middle East & Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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