Digital Travel Bags Market: Quantitative Market Analysis, Current and Future Tre

Posted by Harshad Borde on May 17th, 2019

Travel bags helps hold a traveler’s belongings while travelling. These bags are used to carry necessities such as clothes and toiletries during a trip. Presently, bags also signify fashion status. Surge in the tourism sector drives the demand for various types of travel bags. Electronic devices need protection while traveling. Digital travel bags are very much in trend now a days. Digital travel bags help keep all electronics goods together. These bag have many compartments to keep stationary and other needed accessories in one bag.

The digital travel bags can also have small mesh pockets for thumb drives, SD cards, and ear buds and a padded pocket for cell phones or external hard drives and cord pockets. Multiple pockets of various sizes offers great flexibility for organizing accessories. Digital travel bags safeguard electronic devices from dust and pollution, while retaining their esthetic appeal. Digital travel bags are water repellent to prevent water from coming in contact with the electronics kept inside. Manufacturers are investing in the production of innovative, high-quality, ultra-lightweight digital travel bags due to the latest trend of carrying lightweight and compact luggage.

Overall economic growth has led to the rise in disposable income. This allows the population to spend more on luxury goods and services. The number of vacations have increased significantly over the past few years, thereby driving tourism, air travel, and hospitality industries. Digital travel bags can withstand any effects of active lifestyle, as these are designed with high-quality fabrics and universal features.

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The use of digital travel bags makes easy to keep all of the cords, chargers and ear pieces in the one bag. Unique style, good quality of the fabric, and craftsmanship boosts the digital travel bags market. The digital travel bags market is expanding due to the increase in use of digital products across the globe. These bags are can be used meetings and on vacations. Developing regional markets include a varied range of domestic brands, which contribute a considerable share to the total market revenues. High-end designer bags are trending in the bag category, foldable and convertible travel bags are estimated to grasp more market on a global level, including developing nations.

The digital travel bags market can be segmented in terms of product material, type, function, distribution channel, and region. Based on product material, the digital travel bags market can be bifurcated into hard covers and soft covers. In terms of type, the digital travel bags market can be segregated into foldable and non-foldable. Based on the function, the digital travel bags market segment can be divided as personal and business. In terms of distribution channel, the digital travel bags market can be categorized into online and offline.The online segment can be sub-segmented into third-party and company website. The offline segment can be classified into hypermarkets/ supermarkets, specialty stores, and others. In terms of region, the global digital travel bags market can be split into North America (the U.S and Canada), Asia Pacific (India, China, and Japan), Europe (the U.K, France, and Germany), South America (Brazil), and Middle East & Africa (GCC and South Africa).

The key players in the bag industry have adopted various strategies such as acquisitions to promote their business. Major players operating in the digital travel bags market include Nomatic, BUBM, Briggs & Riley Travelware, Targus, Delsey, AP Global Inc., Light Weight Pack, and World at My Feet. Major global vendors are expanding their business units and investing heavily in the development of next generation products.