Professional Gear Bags Market : Value Chain, Stakeholder Analysis and Trends by 2028

The professional gear bags market is expected to surpass a valuation of US$ ~ 18,110.8 Mn in 2022 and at a CAGR of approximately 4.8% through 2028. With the advancement of technology, manufacturer of professional gear bags market modified their offering and launched smart gear bags in the market. Players in the market are taking feedback from the customers and analyzing the need of time and introducing smart bags which have features like GPS tracking, mobile app connection, etc. that makes the experience of user reliable, controllable and easier.

The youngest generations are regarded to be the most technologically advanced. These individuals have witnessed numerous scientific breakthroughs and developments. New items have grabbed this generation. Millennials are the generation most interested in carrying smart gear bags. Smart gear bags contain charging ports, USB ports, and cable ports, making them ideal travel accessories for business trips, office trips, travel, vacations, industrial visits, and so on.

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Key Takeaways from the Professional Gear Bags Market Study

• In terms of product type, the business traveller carry-on bags segment is estimated to account for the relatively highest value share in the professional gear bags market. The segment is expected to remain dominant during the forecast period.
• Players in the market are focusing on adopting various marketing strategies such as celebrity endorsement, marketing campaigns, expanding digital presence to connect directly to customers. These factors are likely to accelerate the growth of the global professional gear bags market in the near future.
• Europe showcases lucrative opportunities for the professional gear bags industry. Many famous costmaries practices like tea parties and dance gala are originated from Europe and people travel all around the world to be part of these classy events.

Impact of COVID-19 on the Market

Manufacturers encountered various obstacles as a consequence of the pandemic outbreak. The outbreak of novel coronavirus resulted in numerous operational challenges for players. Besides the supply sides, the impact of covid-19 was also felt on the demand front.

Retailers intended to digitalize their procedures and take a more customer-centric approach in order to improve their financial situation. One of the key demand side factors that influenced sales growth was the decline in involvement in outdoor recreation activities.

Who is winning?

Major players present in the professional gear bags market are Garmin Ltd., Jeppesen Sanderson, Inc., Aviation Supplies & Academics, Inc., Samsonite IP Holdings S.ar.l, VF Corporation, LVMH group, VIP Industries Ltd., ACE Co., Ltd., The Vitec Group PLC, The Tiffen Company, LLC, Go Professional Cases Inc., 5.11 Tactical, Blackhawk!, Fechheimer Brothers Company, Beretta Corp., Oakley Inc., Drago Gear, North American Rescue LLC., Conterra Inc. and Rothco Inc. among others.

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Key Global Professional Gear Bags Market by Category Covered

By Product Type:

• Recreational Shooter Gear Bags
• Business Traveller Carry-on Bags
• Police Patrol Gear Bags
• Aviation Pilot Bags
• Emergency Gear Bags
• Emergency Responder Bags
• Camera Bags
• Drone & Quads Bags
• Others

By Price Range:

• Premium (Above US$ 150)
• Medium (US$ 50-US$ 150)
• Low (Below US$ 50)

By Casing Type:

• Hard Side
• Soft Side

By Material Type:

• Nylon
• Plastic
• Polyester
• Leather
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

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