Sewing Bags Market Overview with Application, Drivers, Regional Revenue, and Forecast 2030
Sewing Bags Market Overview
The global sewing bags market is expected to reach a value
of USD 11.99 billion by the end of the forecast period and is expected to grow
at a CAGR of 11.2%. The major raw materials used in the production of sewing
bags are jute and other fabrics. Cosmetic bags, travel bags, backpacks, and
lunch bags are just a few examples of sewing bags. Plastic bags and sacks made
of synthetic materials are a huge environmental hazard. Toxic chemicals are
released throughout extended periods of putrefaction, combustion, and emission
of greenhouse gases when plastic bags are exposed to ultraviolet radiation,
posing a hazard to marine ecosystems. Jute bags, on the other hand, have a
modern and natural appearance while also being sturdy and cost-effective.
Because of the growing popularity of basic, multipurpose bags, as well as the
popularity of jute bags, sewing bags are appreciated. Sewing bag makers should
expect attractive prospects as the organized retail sector in developing
economies grows. Function, color, size, and, most crucially, the material that
determines the bag's durability are the primary purchase criteria for sewing
bags. Natural fibers turned into durable fabrics are used by market
participants to make sewing bags.
Key Players
The major key players in the market are Prada S.p., Bag It
Doesn't Bin It, Intouch Leather House India Pvt Ltd., H&M Hennes &
Mauritz GBC AB, Frontier Bag Company, Sun Bags, Capri Holdings Limited, Bearse
USA, La Paso Bien, and Boston Bag Co. Major competitors, competitive
environment, future trends, key trends, acquisitions, and market expansions are
all included in the Sewing Bags Market.
Market Segmentation
Based on type, the sewing
bags market overview is segmented into sewing canvas bags, sewing leather
bags, cosmetic bags, and others.
Based on the application, the sewing bags market is
segmented into backpacks, sewing bags for wheelchairs, lunch bags, and travel
bags.
Based on the distribution channel, the sewing bag market is
segmented into online, specialty shops, supermarkets, hypermarkets, and others.
Based on region, the sewing bags market is segmented into
Asia-Pacific, Europe, North America, and the Rest of the World.
Regional Classification
North America is expected to dominate the industry during
the historic forecast period, accounting for the majority of the market. The
market in Asia-Pacific, on the other hand, is predicted to increase at the
fastest rate of 4.91 percent over the valuation period. The European market
overtook the United States as the second largest. The European sewing
bags market size is expected to be worth USD 908.9 million, with Germany
being the largest country market. North America was the largest market for
sewing bags, and this trend is likely to continue over the revised period. In
North America, the Canadian market is expected to grow at the fastest pace of
4.68 percent over the projected period. Europe held the biggest market share
and was the second-largest sewing bag market. The Asia-Pacific market, on the
other hand, is predicted to develop at the fastest rate over the forecast
period. One of the primary factors driving the sewing bag market's growth in
Asia Pacific is product launches by top sewing bag manufacturers.
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