The global carry cases market size is estimated to reach USD 9,011.3 million by 2025, registering a CAGR of 5.9% from 2019 to 2025, according to a new study by Grand View Research, Inc. The increase in the level of disposable income has enabled consumers to spend on gadgets such as notebooks and tablets. Furthermore, the growth of the e-commerce industry has stimulated the sale of accessories such as backpacks, sleeves, and other carry cases.
The
introduction of multiple models of laptops is expected to promote the market
growth since devices of different sizes and designs require different cases.
Moreover, the introduction of smart cases is expected increase customer
adoption as it improves the functionality of the cases. For instance, carry
cases are available that are made of special material that blocks RFID signals
to protect credit cards and passport from wireless identity theft.
The
market is lucrative in developing regions such as Asia Pacific due to emerging
businesses that implement BYOD. The adoption of BYOD improves work flexibility
in terms of flexibility of employee work hours and work access from anyplace.
Moreover, it helps increase productivity and reduce operation costs for the
organization. Thus, it increases the usage of wireless connected devices such
as tablets and laptops, which in turn increases the usage of products such as
sleeves and messenger bags. Furthermore, innovative product design is expected
to enhance the aesthetic value and protection capability of carry cases,
thereby, increasing their adoption.
The
usage of backpacks and sleeves for marketing and promotional purposes is
expected to increase the scope for commercial applications at educational
institutions and workplaces. Furthermore, the recent trend of customization
whereby customers can get their names printed on the cases or get personalized
designs is expected to boost the demand for carry cases.
The
market comprises a large number of players including local manufacturers and
authorized retailers. The market competition is high and mainly price-based.
The presence of counterfeit products is expected to restrain the market growth
and affect the profitability of market participants.
Full Research Report On Carry Cases Market Visit Here:
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Carry Cases Market
Report Highlights
- The
introduction of various electronic devices such as tablets and laptops are
anticipated to foster the growth of the global carry cases market.
- Carry cases
serve to protect devices and are widely adopted for their aesthetic value
and functionality.
- The
commercial segment is the fastest-growing consumer type segment with a
CAGR of 9.1% over the forecast period.
- The sleeves
segment is the fastest-growing product segment, registering a CAGR of 7.3%
over the forecast period owing to increasing demand for slim and compact
personal computers that are convenient to travel.
- The key
industry participants include Targus, Torg, Fabrique Ltd., Lenovo,
Swissgear, Thule Group, AsusTeK Computer Inc., Case Logic, North Face, and
Incase Design Corp., among others.
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Carry Cases Market
Segmentation
Grand View Research has
segmented the global carry cases market based on product, customer type, and
region:
Carry Cases
Product Outlook (Revenue, USD Million; Volume, Million Units; 2014 - 2025)
- Backpack
- Briefcase
- Messenger bags
- Sleeves
- Others
Carry Cases
Customer Type Outlook (Revenue, USD Million; Volume, Million Units; 2014 -
2025)
- Consumer
- Commercial
Carry Cases
Regional Outlook (Revenue, USD Million; Volume, Million Units; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
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.
For more info visit @ https://www.grandviewresearch.com
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