Asia Pacific Diaper Bags Market Size & Outlook, 2021-2030
Asia Pacific diaper bags market, 2018-2030 (US$M)
Related Markets
Asia Pacific diaper bags market highlights
- The Asia Pacific diaper bags market generated a revenue of USD 130.3 million in 2021.
- The market is expected to grow at a CAGR of 2.8% from 2022 to 2030.
- In terms of segment, backpack was the largest revenue generating product in 2021.
- Tote is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 130.3 million |
| Market revenue in 2030 | USD 167.8 million |
| Growth rate | 2.8% (CAGR from 2021 to 2030) |
| Largest segment | Backpack |
| Fastest growing segment | Tote |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Backpack, Tote, Messenger, Fanny Pack/ Belt Bags |
| Key market players worldwide | Carter's Inc, The Walt Disney Co, Graco Inc, Sanrio Co Ltd, JJ COLE Collections, Trend Lab, LLC, Oioi, Arctic Zone, Petunia Pickle Bottom, Ju-Ju-Be International, Storksak |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.7% of the global diaper bags market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 342.8 million by 2030.
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Diaper Bags Market Scope
Diaper Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific diaper bags market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to diaper bags market will help companies and investors design strategic landscapes.
Backpack was the largest segment with a revenue share of 37.84% in 2021. Horizon Databook has segmented the Asia Pacific diaper bags market based on backpack, tote, messenger, fanny pack/ belt bags covering the revenue growth of each sub-segment from 2018 to 2030.
A large number of manufacturers have been launching new diaper bags with different and unique selling points. In 2017, Michelle Chu established her manufacturing startup for diaper bags in Malaysia in response to the lack of availability of indigenous products.
China is the largest manufacturer of diaper bags and offers the same manufacturing services to Michelle Chu’s startup. The startup offers products with modern designs and ensures that the function and purpose of a diaper bag are highly emphasized.
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Target buyers of Asia Pacific diaper bags market databook
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Our clientele includes a mix of diaper bags market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific diaper bags market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific diaper bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific diaper bags market size, by country, 2018-2030 (US$M)
Asia Pacific Diaper Bags Market Outlook Share, 2021 & 2030 (US$M)
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