Backpacks are a popular accessory for people of all ages, and the statistics surrounding them can be quite interesting. According to Statista, approximately 58% of consumers between the ages of 18-34 own a backpack. The global market for backpacks is valued at about $17.19 billion in 2021 according to Grandview Research, and it’s expected to grow at a compound annual rate of 5.6%. 72.7% of backpack owners aged 18-34 years prefer to purchase their bag in store while Americans spend around $1.15 billion annually on school backpacks alone according to EducationDataOrg .
The outdoor gear market was dominated by the backpack segment which contributed almost 20%, with U.S sales estimated at around $2.7 billion in 2019 as per Statista data . On average, shoppers pay about $30 for a new backpack but prices vary depending on size and features such as laptop compartments or water bottle holders etc.. Adventure travel backpacks make up 11% share whereas sports bags have been dominating with over 40%. In terms of geographical distribution Asia Pacific region is expected to be fastest growing followed by Europe where growth has been pegged at 5%-5/5 % CAGR from 2021 -2026 respectively . Finally 55 percent professionals say they prefer using back packs for work , ecommerce sales increased 20 % during 2020 & elementary school children carry 6 – 8 pounds weight range when going out .
This statistic is significant in the context of a blog post about Backpack Statistics because it reveals that a majority of young consumers are investing in backpacks, indicating that backpacks are a popular item among this demographic.
The global market for backpacks is valued at about $17.19 billion in 2021.
This statistic is a testament to the immense popularity of backpacks, with the global market for them being worth a staggering $17.19 billion. It’s clear that backpacks are an essential item for many people, and this statistic serves as a reminder of just how important they are.
Backpack Statistics Overview
The global backpack market is expected to grow at a compound annual rate of 5.6% from 2021 to 2028.
This statistic is a powerful indicator of the potential of the backpack market in the coming years. It suggests that the backpack market is likely to experience steady growth, providing a lucrative opportunity for businesses to capitalize on. This could be a great opportunity for those looking to invest in the backpack market, as well as those looking to start their own backpack-related business.
72.7% of backpack owners aged 18-34 years prefer to purchase a backpack in-store.
This statistic is significant in the context of a blog post about Backpack Statistics because it provides insight into the preferences of a key demographic of backpack owners. It indicates that the majority of backpack owners aged 18-34 prefer to purchase their backpacks in-store, which could be useful information for retailers looking to target this age group.
Americans spend around $1.15 billion annually on school backpacks alone.
This statistic is a testament to the importance of backpacks in the lives of Americans. It shows that backpacks are a significant part of our lives, and that we are willing to invest a considerable amount of money in them. This statistic is a reminder that backpacks are an essential part of our lives, and that we should take the time to make sure we are investing in the right one.
The backpack segment contributed almost 20% of the global outdoor gear market in 2020.
This statistic is a testament to the immense popularity of backpacks in the outdoor gear market. It shows that backpacks are a major player in the industry, and that they are a must-have item for outdoor enthusiasts. This statistic is a great starting point for a blog post about backpack statistics, as it provides a baseline for further exploration into the market.
The U.S. backpack market is valued at approximately $2.7 billion in 2019.
This statistic is a testament to the immense popularity of backpacks in the United States. It speaks to the fact that backpacks are an essential part of everyday life for many people, and that the market for backpacks is thriving. This statistic is an important piece of information for anyone looking to gain insight into the backpack industry.
The average price for a backpack in the U.S. is about $30.
This statistic is an important piece of information when it comes to backpacks, as it provides a baseline for the cost of a backpack in the U.S. Knowing the average price of a backpack can help readers understand the range of prices they can expect to pay when shopping for a backpack, and can help them make an informed decision when it comes to their purchase.
The Asia Pacific region is expected to be the fastest-growing market for backpacks at a CAGR of 6.0% from 2021 to 2028.
This statistic is a clear indication that the Asia Pacific region is a lucrative market for backpacks, with a projected growth rate of 6.0% over the next seven years. This means that backpack manufacturers and retailers should consider investing in this region to capitalize on the potential for increased sales and profits. Furthermore, this statistic provides valuable insight into the current and future trends in the backpack industry, which can be used to inform marketing and product development strategies.
Adventure travel backpacks make up around 11% of the total market share in the backpack industry.
This statistic is significant in the context of a blog post about Backpack Statistics because it provides insight into the popularity of adventure travel backpacks. It shows that a significant portion of the backpack industry is dedicated to this type of product, indicating that there is a large demand for backpacks designed for outdoor activities. This statistic can be used to inform readers about the current trends in the backpack industry and the potential opportunities for businesses to capitalize on this growing market.
The European backpack market is expected to grow at a CAGR of 5.5% from 2021 to 2026.
This statistic is a valuable insight into the future of the European backpack market, indicating that the industry is likely to experience steady growth over the next five years. This is important information for anyone interested in the backpack market, as it provides an indication of the potential for investment and business opportunities in the sector.
55% of professionals in the U.S. say they prefer using backpacks for work.
This statistic is significant in the context of a blog post about Backpack Statistics because it demonstrates the widespread popularity of backpacks among professionals in the U.S. It shows that backpacks are a preferred choice for many people in the workforce, and can be used as a reliable and stylish accessory for work.
The U.S. alone imported $796 million worth of textile backpacks in 2020.
This statistic is a testament to the immense popularity of textile backpacks in the United States. It shows that Americans are willing to invest in quality backpacks, and that the demand for them is high. This statistic is an important indicator of the current state of the backpack industry, and it can be used to inform decisions about production, marketing, and sales.
The travel backpack segment accounted for over 20% of the total market revenue in the global backpack market in 2021.
This statistic is a testament to the immense popularity of travel backpacks in the global backpack market. It shows that the demand for travel backpacks is high and that they are a major contributor to the overall market revenue. This is an important piece of information for anyone looking to gain insight into the backpack market and the trends that are driving it.
Approximately 36% of consumers aged 55 or older who own backpacks purchased their most recent one to accommodate a laptop.
This statistic is significant in the context of a blog post about Backpack Statistics because it reveals that a large portion of older consumers are investing in backpacks specifically designed to carry laptops. This indicates that older consumers are increasingly tech-savvy and are willing to purchase backpacks that meet their needs.
The sports backpack category held the biggest market size worth $4.1 billion in 2020.
This statistic is a testament to the immense popularity of sports backpacks, highlighting the fact that they are a must-have item for many people. It also shows that the sports backpack market is thriving, with a market size worth $4.1 billion in 2020. This is a great indication that the backpack industry is doing well and that there is a strong demand for backpacks. This statistic is an important piece of information for anyone interested in the backpack industry and provides valuable insight into the current state of the market.
The outdoor backpack segment had a market share of approximately 35% in the global backpack market in 2020.
This statistic is a testament to the popularity of outdoor backpacks in the global backpack market. It shows that outdoor backpacks are a major player in the industry, and that they are a sought-after item for consumers. This statistic is important to consider when discussing the overall backpack market, as it provides insight into the preferences of consumers and the current trends in the industry.
The average weight of a school backpack for an elementary school child ranges from 6 to 8 pounds.
This statistic is an important indicator of the physical strain that elementary school children are under when carrying their backpacks. Knowing the average weight of a school backpack can help parents and educators understand the potential health risks associated with carrying a heavy load. It can also help inform decisions about the type of backpack that is best suited for a child’s needs.
Conclusion
The global backpack market is a thriving industry, with the U.S. alone accounting for $2.7 billion in 2019 and Americans spending around $1.15 billion annually on school backpacks alone that same year. Approximately 58% of consumers between the ages of 18-34 own a backpack, while 72.7% prefer to purchase them in-store rather than online or through other means such as catalogs or television shopping networks; this preference holds true even among those aged 55 and older who are purchasing backpacks to accommodate laptops specifically (36%). The global market for backpacks was valued at about $17.19 billion in 2021 and is expected to grow at a compound annual rate of 5.6%, driven by segments like adventure travel (11%), laptop bags (15%) sports bags ($4+billion), outdoor gear (~35%), and travel packs (~20%). In 2020, ecommerce sales increased 20% within the bag industry overall – including backpacks – indicating an increasing demand from customers worldwide despite economic uncertainty due to COVID-19 pandemic restrictions across many countries globally during that time period..
References
0. – https://www.grandviewresearch.com
1. – https://www.business.linkedin.com
2. – https://www.kidshealth.org
3. – https://www.educationdata.org
4. – https://www.globenewswire.com
5. – https://www.bloomberg.com
6. – https://www.tridge.com
7. – https://www.mordorintelligence.com
8. – https://www.statista.com
