Market Size of Global Outdoor Sports Luggage Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Outdoor Sports Luggage Market Analysis
The global outdoor sports luggage market is estimated to witness a CAGR of ~3.5% during the forecast period (2020 - 2025).
- The prominence of outdoor sports, owing to the health and wellness trends, the increasing influence of social media, celebrity endorsement, and rise in the number of international sports events are encouraging consumers to enter some of the other sorts of sports activities. This, in turn, has increased the demand for ball sports luggage across the world.
- Moreover, there is a rise in the participation rate in various ball sports, especially in football and golf, owing to increasing favorable government initiatives, such as grassroots programs held at schools, colleges, and clubs to encourage participation.
- With an aim to gain competitive advantage, manufacturers of ball sports luggage are more focused on developing new and innovative products, in order to fulfill the changing needs and demands of consumers by using advanced technologies. For instance, Nike and Adidas are using eco-friendly materials, such as organic cotton, recycled rubber, plastic materials, and water-based adhesives in their offerings.
- However, increasing availability of counterfeit products, especially in developing countries, is restraining the growth of this market to some extent.
Outdoor Sports Luggage Industry Segmentation
The global outdoor sports luggage market is segmented by type into duffel, rucksack, and other types. By distribution channel the scope includes offline and online retail stores. By geography the scope includes North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Type | |
| Duffel | |
| Rucksack | |
| Other Types |
| By Distribution Channel | |
| Offline Retail Stores | |
| Online Retail Stores |
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Global Outdoor Sports Luggage Market Size Summary
The outdoor sports luggage market is experiencing growth driven by the increasing popularity of outdoor sports, influenced by health and wellness trends, social media, and celebrity endorsements. The rise in international sports events has further encouraged consumer participation in various sports activities, boosting the demand for sports luggage globally. The participation in ball sports, particularly football and golf, is on the rise due to favorable government initiatives like grassroots programs in schools and clubs. Manufacturers are responding to this demand by innovating and developing new products using advanced technologies and eco-friendly materials. However, the market faces challenges from the availability of counterfeit products, especially in developing regions.
The market is characterized by a significant presence in Europe, where countries like the United Kingdom, Germany, and France contribute notably to the market share. The increase in government investments and the hosting of national and international tournaments in these countries have enhanced the demand for sports equipment, including luggage. Additionally, initiatives to boost women's participation in sports, such as the 'love. Golf' initiative in the UK, are positively impacting market growth. The market is highly fragmented, with major players like Nike Inc., Adidas AG, and Under Armour dominating. These companies are leveraging digital marketing and online distribution channels to expand their reach, particularly in emerging markets in the Asia-Pacific region, such as Thailand and India.
Global Outdoor Sports Luggage Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Duffel
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2.1.2 Rucksack
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2.1.3 Other Types
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2.2 By Distribution Channel
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2.2.1 Offline Retail Stores
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2.2.2 Online Retail Stores
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 Germany
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 South Africa
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2.3.5.2 Saudi Arabia
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2.3.5.3 Rest of Middle East & Africa
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Global Outdoor Sports Luggage Market Size FAQs
What is the current Global Outdoor Sports Luggage Market size?
The Global Outdoor Sports Luggage Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in Global Outdoor Sports Luggage Market?
Adidas AG, Nike, Inc., Under Armour, Inc. , New Balance and ASICS Corporation are the major companies operating in the Global Outdoor Sports Luggage Market.
