Brazil Diaper Bags Market Size & Outlook, 2021-2030
Brazil diaper bags market, 2018-2030 (US$M)
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Brazil diaper bags market highlights
- The Brazil diaper bags market generated a revenue of USD 51.2 million in 2021 and is expected to reach USD 63.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.4% 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.
Diaper bags market data book summary
| Market revenue in 2021 | USD 51.2 million |
| Market revenue in 2030 | USD 63.2 million |
| Growth rate | 2.4% (CAGR from 2021 to 2030) |
| Largest segment | Backpack |
| Fastest growing segment | Tote |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Brazil accounted for 7.3% of the global diaper bags market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil diaper bags market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 63.2 million by 2030.
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Diaper Bags Market Scope
Diaper Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 39.65% in 2021. Horizon Databook has segmented the Brazil diaper bags market based on backpack, tote, messenger, fanny pack/ belt bags covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for baby products such as diaper bags in Brazil is foreseen to witness significant growth in the upcoming years. Huge investments from foreign investors that foresaw the potential of this market can be related to the changes in some aspects of the Brazilian population. For example, it has become increasingly common for women to plan their pregnancies and have children at an older age.
According to the data from the Brazilian Institute of Geography and Statistics (IBGE), from 2000 to 2014, the rate of birth for mothers aged between 30 and 35 increased from 15% to 20%. Incidentally, this is one of the age groups that is the most interested in finding the most convenient channels for making purchases, such as online retailers.
Reports from market analyst E-bit show that during the first quarter of 2015, consumers aged between 25 and 34 were responsible for 22% of all orders from ecommerce websites in Brazil. This trend is foreseen to remain prevalent in the upcoming years as well, thereby generating significant demand for diaper bags.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil diaper bags market , including forecasts for subscribers. This country databook contains high-level insights into Brazil diaper bags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil diaper bags market size, by product, 2018-2030 (US$M)
Brazil Diaper Bags Market Outlook Share, 2021 & 2030 (US$M)
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