Middle East & Africa Laptop Backpack Market Size & Outlook
MEA laptop backpack market highlights
- The MEA laptop backpack market generated a revenue of USD 60.2 million in 2023.
- The market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, business was the largest revenue generating application in 2023.
- Business is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 60.2 million |
| Market revenue in 2030 | USD 100.6 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Business |
| Fastest growing segment | Business |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Business |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.1% of the global laptop backpack market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 777.0 million by 2030.
Business was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa laptop backpack market based on business covering the revenue growth of each sub-segment from 2018 to 2030.
Nearly half of the population residing in the Middle East & Africa is less than 24 years of age. Moreover, one out of five people in the region is aged between 10 and 24. Hence, the region provides lucrative opportunities for investing in the education sector.
UNICEF is working with governments and has partnered with more than 16 countries in the region to support the educational system and provide maximum access to learning opportunities and quality education.
The World Bank Group is also working toward ensuring a quality education system in the Middle Eastern & African countries by promoting innovations, knowledge exchange programs, and different financing instruments through strategic partnerships to develop solutions that can overcome the existing challenges in imparting quality education.
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Laptop Backpack Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Helly Hansen | View profile | 501-1000 | Oslo, Oslo, Norway, Europe | http://www.hellyhansen.com |
| Targus | View profile | 11-50 | Rhodes, New South Wales, Australia, Oceania | https://au.targus.com |
| ACCO Brands Corp | View profile | 5600 | Four Corporate Drive, Lake Zurich, IL, United States, 60047 | https://www.accobrands.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Samsonite International SA | View profile | 12100 | 13-15, Avenue de la Liberte, Luxembourg, Luxembourg, L-1931 | https://corporate.samsonite.com/en/home.html |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
| Belkin International | View profile | 5001-10000 | Playa Vista, California, United States, North America | http://www.belkin.com |
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