Laptop bag users, especially business and corporate users, seek lightweight laptop bags that are best suited for travel. This is because of the continuous enforcement of strict weight regulations and sharply rising fares on luggage by the airlines industry. To address this growing demand, vendors operating in the market are introducing lightweight laptop bags by using high-end technology and hard-sided materials. Such lightweight and ultra-light laptop bags are very convenient to carry during travel and save luggage weight charges. Our analysts have predicted that the laptop carry case market will register a CAGR of about 4% by 2023.
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Huge demand during festive season and introduction of academic year
The sales of IT/IT peripherals and educational products increased tremendously, especially for laptops and backpacks during festive seasons and the commencement of an academic year. This is due to the sudden increase in the requirement for laptops and backpacks, which is fueled by lucrative offers given by laptop manufacturers and retailers.
Rising labor cost and fluctuating raw material prices
The labor costs in developing countries have grown rapidly in the last decade. Hence, increased labor costs have pushed the production cost. Changing economic conditions also adversely affect the labor costs of other international countries from where these companies import supplies. Therefore, an increase in the production cost of the vendors lowers their profit margins and proves to be a challenge for the vendors in the market.
For the detailed list of factors that will drive and challenge the growth of the laptop carry case market during the 2019-2023, view our report.
The laptop carry case market appears to be fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the markets competitive landscape and offering information on the products offered by companies.
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
– 2.1 Preface
– 2.2 Preface
– 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
– Market ecosystem
– Market characteristics
– Market segmentation analysis
PART 04: MARKET SIZING
– Market definition
– Market sizing 2018
– Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
– Bargaining power of buyers
– Bargaining power of suppliers
– Threat of new entrants
– Threat of substitutes
– Threat of rivalry
– Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
– Market segmentation by distribution channel
– Comparison by distribution channel
– Offline – Market size and forecast 2018-2023
– Online – Market size and forecast 2018-2023
– Market opportunity by distribution channel
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