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Chest Bags Market Size, Share & Trends Analysis Report by Product (Sling, Strap), by Application (Tactical, Sports, Travel), by End User (Men, Women), by Distribution Channel (Online, Offline), by Region, and Segment Forecasts, 2022-2030

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    Report

  • 80 Pages
  • March 2022
  • Region: Global
  • Grand View Research
  • ID: 5569688
Description Jump to:
The global chest bags market size is anticipated to reach USD 7.2 billion by 2030. The market is expected to expand at a CAGR of 9.3% from 2022 to 2030. Chest bags have recently emerged as a perfect choice and recent trend in the daily life of the users. They come in a size that helps fit everything that one may need throughout the day when outside the home. Some of the essentials, like for example gadgets, sunglasses, keys, and credit cards are safe in this kind of bag.



The market is mainly driven by the comfort, style, and functional aspect of such bags as they are strong, durable, and offer a hands-free experience. Further, they come in multiple colors, compartments, and materials, thereby offering comfort, convenience, and multi-purpose functions. Increased usage of chest bags among working professionals is expected to remain a key trend in the market. The rapid growth of the organized sectors and corporates is further boosting the demand for the product. Rising income levels coupled with growing brand awareness in the emerging economies have been strengthening the industry growth significantly.

In terms of product, the strap segment dominated the market and accounted for the highest revenue share in 2021. However, the sling segment is gaining traction in the market as the weight is distributed more evenly, making them outperform messenger or tote bags. These bags don’t just come in standard colors like black and brown but they come in endless colors, prints, and materials. The rising prominence of sports activities on account of health and wellness trends, the growing influence of social media platforms and celebrity endorsements, and the rise in international sports events encourage consumers to purchase the trendiest sports bags supporting segmental growth. Meanwhile, the substantial boom in the travel and tourism sector fosters the demand for travel bags.

Chest Bags Market Report Highlights

  • The sling chest bags segment is projected to be the fastest-growing segment over the forecast period. The luxury sling bag has become a fashion icon and is used as a status identity in society. They are designed to eliminate neck ache, backache, and shoulder ache, unlike other heavy backpacks. Their usage has been increasing tremendously among working women and is expected to poise positive growth
  • An increasing number of sports and fitness activities, such as football and basketball, and an increase in the number of women participating are factors likely to supplement the growth of the sports bags segment during the forecast years
  • The number of online shoppers is increasing remarkably owing to the increasing number of smartphone users and rapid penetration of the internet across the globe. This, in turn, is projected to bolster the growth of the online distribution channel
  • Increasing employment, a flourishing manufacturing industry, the rapid expansion of the consumer goods industry, and a growing young population in Asia Pacific are anticipated to prosper the growth of the market in the region. The market is expected to witness the highest CAGR over the coming years


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Type Outlook
2.3. Application Outlook
2.4. End User Outlook
2.5. Distribution Channel Outlook
Chapter 3. Chest Bags Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of COVID-19 on the Chest Bags Market
3.4. Industry Value Chain Analysis
3.4.1. Sales/Retail Channel Analysis
3.4.2. Profit Margin Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis-Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of Chest Bags Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Chest Bags Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2021 & 2030
5.2. Sling
5.2.1. Market estimates and forecast, 2017-2030 (USD Million)
5.3. Strap
5.3.1. Market estimates and forecast, 2017-2030 (USD Million)
Chapter 6. Chest Bags Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2021 & 2030
6.2. Tactical
6.2.1. Market estimates and forecast, 2017-2030 (USD Million)
6.3. Sports
6.3.1. Market estimates and forecast, 2017-2030 (USD Million)
6.4. Travel
6.4.1. Market estimates and forecast, 2017-2030 (USD Million)
6.5. Others
6.5.1. Market estimates and forecast, 2017-2030 (USD Million)
Chapter 7. Chest Bags Market: End-user Estimates & Trend Analysis
7.1. End-user Movement Analysis & Market Share, 2021 & 2030
7.2. Men
7.2.1. Market estimates and forecast, 2017-2030 (USD Million)
7.3. Women
7.3.1. Market estimates and forecast, 2017-2030 (USD Million)
Chapter 8. Chest Bags Market: Distribution Channel Estimates & Trend Analysis
8.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2030
8.2. Online
8.2.1. Market estimates and forecast, 2017-2030 (USD Million)
8.3. Offline
8.3.1. Market estimates and forecast, 2017-2030 (USD Million)
Chapter 9. Chest Bags Market: Regional Estimates & Trend Analysis
9.1. Regional Movement Analysis & Market Share, 2021 & 2030
9.2. North America
9.2.1. Market estimates and forecast, 2017-2030 (USD Million)
9.2.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.2.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.2.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.2.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.2.6. U.S.
9.2.6.1. Market estimates and forecast, 2017-2030 (USD Million)
9.2.6.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.2.6.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.2.6.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.2.6.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.3. Europe
9.3.1. Market estimates and forecast, 2017-2030 (USD Million)
9.3.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.3.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.3.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.3.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.3.6. U.K.
9.3.6.1. Market estimates and forecast, 2017-2030 (USD Million)
9.3.6.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.3.6.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.3.6.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.3.6.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.3.7. Germany
9.3.7.1. Market estimates and forecast, 2017-2030 (USD Million)
9.3.7.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.3.7.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.3.7.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.3.7.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.4. Asia Pacific
9.4.1. Market estimates and forecast, 2017-2030 (USD Million)
9.4.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.4.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.4.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.4.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.4.6. Japan
9.4.6.1. Market estimates and forecast, 2017-2030 (USD Million)
9.4.6.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.4.6.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.4.6.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.4.6.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.4.7. Australia
9.4.7.1. Market estimates and forecast, 2017-2030 (USD Million)
9.4.7.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.4.7.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.4.7.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.4.7.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.5. Central & South America
9.5.1. Market estimates and forecast, 2017-2030 (USD Million)
9.5.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.5.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.5.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.5.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.5.6. Brazil
9.5.6.1. Market estimates and forecast, 2017-2030 (USD Million)
9.5.6.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.5.6.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.5.6.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.5.6.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.6. Middle East & Africa (MEA)
9.6.1. Market estimates and forecast, 2017-2030 (USD Million)
9.6.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.6.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.6.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.6.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
9.6.6. Saudi Arabia
9.6.6.1. Market estimates and forecast, 2017-2030 (USD Million)
9.6.6.2. Market estimates and forecast, by product, 2017-2030 (USD Million)
9.6.6.3. Market estimates and forecast, by application, 2017-2030 (USD Million)
9.6.6.4. Market estimates and forecast, by end user, 2017-2030 (USD Million)
9.6.6.5. Market estimates and forecast, by distribution channel, 2017-2030 (USD Million)
Chapter 10. Competitive Analysis
10.1. Key Global Players, Recent Developments & Their Impact on The Industry
10.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
10.3. Vendor Landscape
10.3.1. Key Company Market Share Analysis, 2020
Chapter 11. Company Profiles
11.1. H&M Group
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Benchmarking
11.1.4. Strategic Initiatives
11.2. Asos
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Benchmarking
11.2.4. Strategic Initiatives
11.3. Christian Dior
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Benchmarking
11.3.4. Strategic Initiatives
11.4. Louis Vuitton
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Benchmarking
11.4.4. Strategic Initiatives
11.5. Cut & Stitch
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Benchmarking
11.5.4. Strategic Initiatives
11.6. Western Textile & Manufacturing, Inc.
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Benchmarking
11.6.4. Strategic Initiatives
11.7. Baikal Inc.
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Benchmarking
11.7.4. Strategic Initiatives
11.8. Waterfly Chest
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Benchmarking
11.8.4. Strategic Initiatives
11.9. Clutch Made Factory
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Benchmarking
11.9.4. Strategic Initiatives
11.10. Continental Bag Company
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Benchmarking
11.10.4. Strategic Initiatives
List of Tables
1. Chest Bags– Key market driver analysis
2. Chest Bags– Key market restraint analysis
3. Sling market estimates and forecast, 2017-2030 (USD Million)
4. Strap market estimates and forecast, 2017-2030 (USD Million)
5. Tactical market estimates and forecast, 2017-2030 (USD Million)
6. Sports market estimates and forecast, 2017-2030 (USD Million)
7. Travel market estimates and forecast, 2017-2030 (USD Million)
8. Other market estimates and forecast, 2017-2030 (USD Million)
9. Men market estimates and forecast, 2017-2030 (USD Million)
10. Women market estimates and forecast, 2017-2030 (USD Million)
11. Online market estimates and forecast, 2017-2030 (USD Million)
12. Offline market estimates and forecast, 2017-2030 (USD Million)
13. North America market estimates and forecast, 2017-2030 (USD Million)
14. North America market revenue estimates and forecast by Product, 2017-2030 (USD Million)
15. North America market revenue estimates and forecast by Application, 2017-2030 (USD Million)
16. North America market revenue estimates and forecast by End User, 2017-2030 (USD Million)
17. North America market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
18. U.S. market estimates and forecast, 2017-2030 (USD Million)
19. U.S. market revenue estimates and forecast by Product, 2017-2030 (USD Million)
20. U.S. market revenue estimates and forecast by Application, 2017-2030 (USD Million)
21. U.S. market revenue estimates and forecast by End User, 2017-2030 (USD Million)
22. U.S. market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
23. Europe market estimates and forecast, 2017-2030 (USD Million)
24. Europe market revenue estimates and forecast by Product, 2017-2030 (USD Million)
25. Europe market revenue estimates and forecast by Application, 2017-2030 (USD Million)
26. Europe market revenue estimates and forecast by End User, 2017-2030 (USD Million)
27. Europe market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
28. Germany market estimates and forecast, 2017-2030 (USD Million)
29. Germany market revenue estimates and forecast by Product, 2017-2030 (USD Million)
30. Germany market revenue estimates and forecast by Application, 2017-2030 (USD Million)
31. Germany market revenue estimates and forecast by End User, 2017-2030 (USD Million)
32. Germany market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
33. U.K. market estimates and forecast, 2017-2030 (USD Million)
34. U.K. market revenue estimates and forecast by Product, 2017-2030 (USD Million)
35. U.K. market revenue estimates and forecast by Application, 2017-2030 (USD Million)
36. U.K. market revenue estimates and forecast by End User, 2017-2030 (USD Million)
37. U.K. market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
38. Asia Pacific market estimates and forecast, 2017-2030 (USD Million)
39. Asia Pacific market revenue estimates and forecast by Product, 2017-2030 (USD Million)
40. Asia Pacific market revenue estimates and forecast by Application, 2017-2030 (USD Million)
41. Asia Pacific market revenue estimates and forecast by End User, 2017-2030 (USD Million)
42. Asia Pacific market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
43. Japan market estimates and forecast, 2017-2030 (USD Million)
44. Japan market revenue estimates and forecast by Product, 2017-2030 (USD Million)
45. Japan market revenue estimates and forecast by Application, 2017-2030 (USD Million)
46. Japan market revenue estimates and forecast by End User, 2017-2030 (USD Million)
47. Japan market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
48. Australia market estimates and forecast, 2017-2030 (USD Million)
49. Australia market revenue estimates and forecast by Product, 2017-2030 (USD Million)
50. Australia market revenue estimates and forecast by Application, 2017-2030 (USD Million)
51. Australia market revenue estimates and forecast by End User, 2017-2030 (USD Million)
52. Australia market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
53. Central & South America market estimates and forecast, 2017-2030 (USD Million)
54. Central & South America market revenue estimates and forecast by Product, 2017-2030 (USD Million)
55. Central & South America market revenue estimates and forecast by Application, 2017-2030 (USD Million)
56. Central & South America market revenue estimates and forecast by End User, 2017-2030 (USD Million)
57. Central & South America market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
58. Brazil market estimates and forecast, 2017-2030 (USD Million)
59. Brazil market revenue estimates and forecast by Product, 2017-2030 (USD Million)
60. Brazil market revenue estimates and forecast by Application, 2017-2030 (USD Million)
61. Brazil market revenue estimates and forecast by End User, 2017-2030 (USD Million)
62. Brazil market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
63. Middle East & Africa market estimates and forecast, 2017-2030 (USD Million)
64. Middle East & Africa market revenue estimates and forecast by Product, 2017-2030 (USD Million)
65. Middle East & Africa market revenue estimates and forecast by Application, 2017-2030 (USD Million)
66. Middle East & Africa market revenue estimates and forecast by End User, 2017-2030 (USD Million)
67. Middle East & Africa market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
68. Saudi Arabia market estimates and forecast, 2017-2030 (USD Million)
69. Saudi Arabia market revenue estimates and forecast by Product, 2017-2030 (USD Million)
70. Saudi Arabia market revenue estimates and forecast by Application, 2017-2030 (USD Million)
71. Saudi Arabia market revenue estimates and forecast by End User, 2017-2030 (USD Million)
72. Saudi Arabia market revenue estimates and forecast by Distribution Channel, 2017-2030 (USD Million)
73. Vendor landscape
List of Figures
1. Chest Bags market snapshot
2. Chest Bags market segmentation & scope
3. Chest Bags market penetration & growth prospect mapping
4. Chest Bags value chain analysis
5. Chest Bags market dynamics
6. Chest Bags market Porter's analysis
7. Chest Bags market: Product movement analysis
8. Chest Bags market: Application movement analysis
9. Chest Bags market: End-user movement analysis
10. Chest Bags market: Distribution channel movement analysis
11. Chest Bags market: Regional movement analysis
12. Chest Bags market: Estimated market share analysis, 2021

Companies Mentioned

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

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedMarch 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 3.5 Billion
Forecasted Market Value ( USD ) by 2030 $ 7.2 Billion
Compound Annual Growth Rate9.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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