Magazine And Literature Bags Market Size, Share, Opportunities, And Trends By Length (Upto 1.9 Inch, From 6 To 7.9 Inch), By Closure Type (Hook And Loop, Zipper, Drawstring, Buckle), By End-users (Students, Institutional Supplies, Corporate Supplies), And By Geography - Forecasts From 2024 To 2029
- Published : Jan 2024
- Report Code : KSI061616618
- Pages : 147
The magazine and literature bags market is estimated to grow at a CAGR of 3.94% during the forecast period.
Magazine and literature bags are a type of storage that are mostly used to keep books, magazines and documents. The demand for books and magazine packs is intimately linked to the publishing sector these industries have been the forerunners that have been driving the market expansion since these industries deal in books, magazine documents and other materials and keeping these materials safe for a long time is the foremost requirement. There is a growing need for magazine and literary bags as a packaging option as the publishing business grows. Moreover, the expansion of the eCommerce industry has had a significant impact on the market for books and magazine bags. Since more people are purchasing books, magazines, and other materials online, aesthetically pleasing and safe packaging for books and periodicals is becoming more and more important eventually aiding in the market expansion.
Introduction:
Magazine and literature bags are specific types of storage facilities that are used to keep and safeguard printed materials such as books, journals, magazines, and other printed materials. These bags can also be utilized in case of materials that are to be transported for work purposes or personal usage. These bags are generally made to accommodate certain types of books, magazines or documents and depending upon the user's need they can also be customized in the form of backpacks, messenger bags, or tote bags. These bags are generally made from materials, including canvas, leather, nylon, or other durable fabrics. The choice of material can affect the bag's durability, weight, and aesthetic appeal. It is anticipated that advancements in environmentally friendly materials and designs that adhere to contemporary digital trends will drive the magazine and literature bag market. Magazine and literature bag suppliers need to be adaptable enough to take on new technologies while keeping an eye on sustainability to successfully traverse the shifting market.
Drivers:
- Growing demand due to rapid industrialization. The growing demand for magazines and bookbags from the worldwide middle-class population leads to market development. The rising number of young people throughout the world who like reading, as well as the country's cultural emphasis on literature, are driving market expansion for magazines and literary bags.
- Environmental Awareness among people is propelling market demand: Eco-friendly practices and sustainability have garnered a lot of attention in the corporate world in recent years. As environmental consciousness grows, so does the desire for ecologically friendly alternatives, which matches with the preference for paper in the production of literature and magazine bags eventually driving the market growth
- The proliferation of the e-commerce market is fueling market expansion: The presence of e-commerce has had a huge positive impact on distribution channels, and online platforms are critical to the availability and popularity of magazines and literary bags.
- The consumer demand for a bag that is versatile and can hold up books and magazines of varied shapes and sizes is boosting market growth: The emphasis on utility and durability influences the magazine and literary bag business. Buyers want magazines and literary backpacks that can hold a range of reading materials while fitting their lifestyle needs which is consequently fueling the market growth.
- The presence of traditional brick-and-mortar stores is positively influencing market growth: The conventional brick-and-mortar retail enterprises drive up demand for magazine and literature bags. When shops utilize these bags to promote their products, the whole shopping experience improves, consequently driving up the market dynamics.
Products offered by key companies:
- Thinwrap papers, Delfort group: Delfort Group's Thinwrap® papers are transparent bags for magazines and books. These are high-quality, translucent paper alternatives to fossil-based wrappings. These bags feature outstanding printability and optical appearance.
- Werks 6.0 Deluxe Business Garment Sleeve, Victorinox: It is a tri-fold suiter that fits comfortably in the overhead compartment and maintains belongings wrinkle-free. A hanger clamp, two foam bolster compression straps, a zippered mesh tie pocket, and a big zippered mesh storage pocket are included on the interior.
The prominent growth in the paper sector under the material type segment
Among the several material categories in the industry, the paper sector leads in magazine and literature bag sales. Paper's popularity can be attributed to environmentally aware customers who see it as a more sustainable and biodegradable alternative. As environmental consciousness grows, so does the desire for ecologically friendly alternatives, which matches with the preference for paper in the production of literature and magazine bags. The importance of the paper sector is an important decision in the shifting packaging solutions market, showing a strategic movement in consumer preferences toward materials with little environmental effect.
The Asia Pacific region is expected to hold a significant share of the Magazine and literature bag market:
The Asia Pacific region emerged as a prominent region in the growth of the Magazine and literature bag market. The rising number of young people in the region who like reading, as well as the countries like China and India that have a cultural emphasis on literature, are driving development in the market for magazines and literary bags. Moreover, because of the coexistence of conventional retail outlets and the increasing e-commerce sector, consumers now have access to several avenues for buying magazines and literature bags. Furthermore, growing consumer knowledge of environmental problems encourages a change toward sustainable and recyclable materials in the Asia Pacific magazine and literature bag sector.
Key developments:
- Fjällräven, the Swedish brand famed for its classic, functional, and durable outdoor apparel and equipment, is expanding its worldwide retail presence with the launch of its first brand shop in Zurich on May, 2023. The new brand shop is located at Löwenstrasse 61, close to Zurich HB and Bahnhofstraße.
Magazine And Literature Bags Market Scope:
| Report Metric | Details |
| Growth Rate | CAGR of 3.94% from 2022 to 2029 |
| Base Year | 2022 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
|
| Companies Covered |
|
| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |
Segmentation
- BY LENGTH
- Upto 1.9 inch
- From 6 to 7.9 inch
- BY CLOSURE TYPE
- Hook and Loop
- Zipper
- Drawstring
- Buckle
- BY END-USERS
- Students
- Institutional Supplies
- Corporate Supplies
- BY GEOGRAPHY
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. MAGAZINE AND LITERATURE BAGS MARKET, BY LENGTH
5.1. Introduction
5.2. Up to 1.9 inch
5.3. From 6 to 7.9 inch
6. MAGAZINE AND LITERATURE BAGS MARKET, BY CLOUSER TYPE
6.1. Introduction
6.2. Hook and Loop
6.3. Zipper
6.4. Drawstring
6.5. Buckle
7. MAGAZINE AND LITERATURE BAGS MARKET, BY END-USERS
7.1. Introduction
7.2. Students
7.3. Institutional Supplies
7.4. Corporate Supplies
8. MAGAZINE AND LITERATURE BAGS MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. Japan
8.6.2. China
8.6.3. India
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
10. COMPANY PROFILES
10.1. BCW Supplies
10.2. Madzay Color Graphics Inc
10.3. Samsonite
10.4. Tumi
10.5. Victorinox
10.6. RIMOWA
10.7. Travelpro
10.8. Briggs & Riley
10.9. Eastpak
BCW Supplies
Madzay Color Graphics Inc
Samsonite
Tumi
RIMOWA
Travelpro
Briggs & Riley
Eastpak
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