Gym Bag Market Size, Share & Trends Analysis Report By Product (Duffle, Drawstring), By Distribution Channel (Online, Offline), By Region, Competitive Landscape, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global gym bag market size is expected to reach USD 1.8 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.9% CAGR over the forecast period. The growth in the market is driven by increasing consumer consciousness regarding fitness and the availability of various products and accessories to suit individual needs. Moreover, rapid growth of the fitness and wellness sector in Asia and South America, along with rise in sales of health and fitness equipment, accessories, and products used in the industry and increasing presence of health clubs and fitness centers in these regions are contributing to the growth of this market.

The market is also driven by increasing purchasing power of consumers in developing countries in recent years, which has propelled product demand. Growth of the middle-income population group in these countries has resulted in higher disposable income in recent years. This has enabled them to opt for on-trend, fashionable, and premium products in the health and fitness sector. Surge in new product launches and the impact of ecommerce are other key factors driving the global market. Leading manufacturers are looking to cater to varying consumer requirements when it comes to a gym bag. These are then being made available across a host of online and offline distribution channels.

Increasing number of people turning to healthier lifestyles has also inspired several multinational companies to encourage their employees to take up health and fitness club memberships, a trend that is likely to give the market a boost. Gym bags that are compatible with various smart and connected devices is a lucrative opportunity for players in the market.

Further key findings from the report suggest:

• In terms of revenue, duffle bags are projected to register a CAGR of 7.5% over the forecast period

• The offline channel led the market with a share of 86.6% in 2018. Varied products sold at supermarkets, hypermarkets, specialty stores, and others play a critical role in driving this segment

• North America dominated the global gym bag market in 2018, accounting for 38.3% of the revenue that year. This trend is projected to continue over the next few years

• A growing health and fitness industry, fueled by increasing awareness regarding fitness and well-being among consumers, is expected to propel the market

• With increasing disposable income in India, South Korea, China, and Japan, these markets offer lucrative opportunities for growth in Asia Pacific

• The industry is highly competitive in nature with the main players being JensenLee; Everlast Worldwide, Inc.; Chateau Manufacturing; Harissons; Nike, Inc.; ToteBagFactory; Herschel Supply Co. USA; and Adidas AG

• Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights

Chapter 3. Gym Bag Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Gym Bag Market
                  3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations

Chapter 5. Gym Bag Market: Product Estimates & Trend Analysis
                  5.1. Product Movement Analysis & Market Share, 2018 & 2025
                  5.2. Duffle 
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  5.3. Drawstring 
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  5.4. Others
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 6. Gym Bag Market: Distribution Channel Estimates & Trend Analysis
                  6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                  6.2. Online
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.3. Offline
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 7. Gym Bag Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                      7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                      7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                      7.3.4. Germany
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                      7.3.5. U.K.
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                      7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                      7.4.4. China 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                      7.4.5. Japan 
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                  7.5. Central & South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                      7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                      7.5.4. Brazil 
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                  7.6. Middle East & Africa (MEA)
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                      7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                      7.6.4. South Africa 
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.6.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)

Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                  9.1. JensenLee
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Product Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Everlast Worldwide, Inc.
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Product Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Chateau Manufacturing
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Product Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. Harissons
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Product Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Nike, Inc.
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Product Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. ToteBagFactory
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Product Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. Herschel Supply Co. USA
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Product Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Adidas AG
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Product Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. Gregory Mountain Products
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Product Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. AMG Group
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Product Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

1. Gym Bag - Key market driver analysis
2. Gym Bag - Key market restraint analysis
3. Global duffle gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
4. Global drawstring gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
5. Global other products gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
6. Global online powder gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
7. Global offline form gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
8. North America gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
9. North America gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
10. North America gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
11. U.S. gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
12. U.S. gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
13. U.S. gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
14. Europe gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
15. Europe gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
16. Europe gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
17. Germany gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
18. Germany gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
19. Germany gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
20. U.K. gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
21. U.K. gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
22. U.K. gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
23. Asia Pacific gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
24. Asia Pacific gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
25. Asia Pacific gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
26. China gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
27. China gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
28. China gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
29. Japan gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
30. Japan gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
31. Japan gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
32. Central & South America gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
33. Central & South America gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
34. Central & South America gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
35. Brazil gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
36. Brazil gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
37. Brazil gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
38. MEA gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
39. MEA gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
40. MEA gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
41. South Africa gym bag market estimates and forecast, 2015 - 2025 (USD Billion)
42. South Africa gym bag market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
43. South Africa gym bag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
44. Vendor landscape

List of Figures

1. Gym Bag market snapshot 
2. Gym Bag market segmentation & scope
3. Gym Bag market penetration & growth prospect mapping
4. Gym Bag value chain analysis
5. Gym Bag market dynamics
6. Gym Bag market Porter's analysis 
7. Gym Bag market: Product movement analysis 
8. Gym Bag market: Distribution Channel movement analysis 
9. Gym Bag market: Regional movement analysis