The backpack market has seen considerable growth due to a variety of factors.
• The market size for backpacks has seen a robust expansion in the past few years. From $20.56 billion in 2024, its growth is projected to reach $21.74 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.7%.
This vigorous growth during the historic period can be traced back to factors such as increasing outdoor recreation trends, evolving fashion and style preferences, the surge in back-to-school shopping, transportation and workplace necessities, as well as advancements in design and materials.
The backpack market is expected to maintain its strong growth trajectory in upcoming years.
• The expansion of the backpack market is anticipated to surge impressively in the coming years, reaching a worth of $27.85 billion by 2029 and growing at a compound annual growth rate (CAGR) of 6.4%.
This projected rise during the forecasted period can be credited to various factors such as the increasing work-from-home culture, the growing appeal of adventure tourism, the surge in sustainability and eco-friendly choices, the spreading of the digital nomad lifestyle, and wider reach of e-commerce. The previewed trends for this period include ergonomic and comfort-based designs, features suitable for digital nomads and work, multifunctional hybrid backpacks, advancements in anti-theft and safety provisions, along with collaborations and limited edition launches.
The growth of the backpack market is anticipated to be fueled by an upsurge in travel and recreational activities. Recreational activities comprise all endeavors that individuals partake in to rejuvenate their body and mind, as well as to make their free time more enjoyable and fascinating. Backpacks are commonly used by tourists to carry their personal items during international trips, for both leisure and business purposes. This has increased the demand for backpacks of various sizes and capacities. For example, reports released by the US Travel Association and Tourism Economics in January 2024 indicated a rise in the percentage of travelers planning trips within the next six months, from 92% in December to 93% in January according to Longwoods International's monthly survey. Hence, the escalating prevalence of travel and recreational pursuits is propelling the expansion of the backpack market.
The backpack market covered in this report is segmented –
1) By Type: Work Bags, Sports And Recreation Bags, Travel Bags, Other Types
2) By Material: Cotton, Leather, Nylon, Other Materials
3) By Distribution Channel: Super market or Hyper market, Convenience Stores, Online Stores, Other Distribution Channels
4) By End-Use: Commercial, Individual, Other End-Uses
Subsegments:
1) By Work Bags: Laptop Backpacks, Messenger Bags, Briefcases, Professional Backpacks
2) By Sports And Recreation Bags: Hiking Backpacks, Camping Backpacks, Gym Bags, Fishing Backpacks, Cycling Backpacks
3) By Travel Bags: Carry-On Backpacks, Travel Daypacks, Wheeled Backpacks, Backpacking Packs
4) By Other Types: Diaper Bags, School Backpacks, Fashion Backpacks, Customizable Backpacks
The increasing incorporation of advanced technology is a crucial trend gaining traction in the backpack industry. The big players in this sector are staying competitive by amalgamating state-of-the-art technologies like Bluetooth, GPS, USB ports, and mobile applications with their backpacks. An example of this is Huawei Technologies Co Ltd., a company based in China that specializes in infrastructure and smart devices for information and communications technology. In January 2022, they released a smart school bag that includes an LCD, GPS connectivity for tracking children's movements and intelligent scheduling features. It also works with the Huawei Smart Life App and HarmonyOS Connect. The app notifies parents when their children (or their backpacks) move in or out of a set area. It also sends a report to parents about how the bag is used and gives Realtime location updates of the children.
Major companies operating in the backpack market include:
• Nike Inc.
• Adidas AG
• Everest Trading Corp.
• VF Outdoor LLC
• Under Armour Inc.
• Columbia Sportswear Company
• Samsonite International S.A.
• L.L.Bean Inc.
• Eddie Bauer LLC
• The North Face Inc.
• Arc'teryx Equipment Inc.
• V.I.P. Industries Limited
• Mammut Sports Group AG
• Patagonia Inc.
• Vaude Sport GmbH & Co. KG
• Marmot Mountain LLC
• Black Diamond Equipment Ltd.
• Herschel Supply Company Ltd.
• Osprey Packs Inc.
• Wildcraft India Private Limited
• Wenger SA
• Dakine IP Holdings LLC
• Sierra Designs
• Mystery Ranch Ltd.
• Mountainsmith LLC
• Gregory Mountain Products LLC
• Kelty Inc.
• JanSport Inc.
• Deuter Sport GmbH
• Lowe Alpine International Sàrl
• Tatonka GmbH
• Fjällräven International AB
• Haglöfs AB
• GREGORY PACKS INC.
• Granite Gear LLC
• CamelBak Products LLC
• Thule Group AB
• Victorinox AG
• Kipling USA
• Timbuk2 Designs Inc.
• OGIO International Inc.
• High Sierra Sport Company
North America was the largest region in the backpack market share in 2024. The regions covered in the backpack market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.