Global Bike Bags Market Size, Share and Trends Analysis Report, By Material Type (Polyester, Fabric, Leather, and Others), By Design (Panniers, Handlebar, Saddle, Trunk Frame, and Others), and By Distribution Channel (Online Sales and Offline Sales ), Forecast Period (2022-2028)

The bike bags market is anticipated to grow at a significant CAGR of 6.3% during the forecast period (2022-2028). The increasing adoption of bike bags among explorers, trekkers, tourists, and travelers to carry their clothes and other important stuff/items while road trip is the major factor driving the market growth. The most prevalent varieties of bike bags on the market include panniers, handlebars, saddles, trunks, frames, and others. The hard-side variations are made of polypropylene, polycarbonate, and acrylonitrile-butadiene-styrene (ABS) and are ideal for biking electrical devices and fragile items. The sturdy and lightweight soft-side varieties, on the other hand, are made of nylon, polyester, cotton, leather, and vinyl. These bike bags come in a range of sizes, designs, and colors, and may be tailored to meet the needs of the customer. One of the primary reasons driving market expansion is the rising tourist industry, which is accompanied by rapid urbanization throughout the globe. Furthermore, to keep up with the ever-changing trends, people are increasingly willing to pay for premium and luxury bike bags. Various product improvements, such as the introduction of aesthetically attractive and inventive designs, as well as environmentally friendly alternatives, are also contributing to the market’s favorable outlook.

The global bike bag market is segmented based on the material type, design, and distribution channel. Based on the material type, the market is sub-segmented into polyester, fabric, leather, and others. Based on the design, the market is classified into panniers, handlebars, saddles, trunks, frames, and others. Based on the distribution channel, it is further sub-segmented into online and offline.

The major market players in the global bike bags market are Delsey SA, Deuter Sport, Fenix Outdoor, Hermès, Kering, Louis Vuitton, Lowe Alpine, LVMH, Osprey, Rimowa, Samsonite, Timbuk2, Victorinox, VIP Industries Ltd. among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Material Type
  • By Design
  • By Distribution Channel
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Delsey SA, Deuter Sport, Fenix Outdoor, Hermès, Kering, Lowe Alpine, LVMH, Osprey, Rimowa, Samsonite, Timbuk2, Victorinox, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Bike Bag Market Report by Segment

By Material Type

• Polyester
• Fabric
• Leather
• Others

By Design

• Panniers
• Handlebar
• Saddle
• Trunk
• Frame
• Others

By Distribution Channel

• Online Sales
• Offline Sales

Global Bike Bag Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa