Global Waist Pack Market Size, Share, and Trends Analysis Report, By Type (Leather, Cotton, Nylon, Polyester, and Canvas), By Application (Travel, Sports, and Others), Forecast (2022-2028)

The global waist pack market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022- 2028). Waist packs are lightweight, reliable bags that can be worn around the waist, hips, or over the shoulder for a cross-body look. Waists are also known as belt bags or fanny packs. It is often used to stash cash, identity cards, and other necessities. Some people like to carry a pair of binoculars in their waist pack. These waist packs are spacious enough to hold travel essentials such as a person’s phone, passport, and wallet, and also let the hands free from all these things. Waist packs are becoming a fashion accessory with trendy colors, combinations, and textures that are available. Along with the availability and simplicity, the increasing people’s preference for online shopping is going to boost the growth of the global waist pack market. An increase in the number of people going for trekking rises the demand for a waist pack as it supports people to keep their things in their bags.

 

The market is segmented based on the type and application. Based on the type, the market is segmented into leather, cotton, nylon, polyester, and canvas.  The leather waist pack are long-lasting, recyclable, and comfortable. The cost of the leather waist pack is usually high. Cotton waist packs are used as cotton is soft and easily stretches, making it a comfortable fabric for use. Polyester waist packs are more wrinkle-resistant than cotton, fadeless, long-lasting, and durable. Nylon waist pack are mostly used owing to its good resistance to sunlight and fantastic elastic recovery means that the fabric can stretch to its limits without losing its shape. Canvas waist packs are convenient and can be washed.

 

Some major players in the market include OUTAD, Anna-Kaci, and Unique Bargains, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, HRX Company’s waist bag comes with a reflective stripe at the front and it is adjustable.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- OUTAD, Anna-Kaci, and Unique Bargains, 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 Waist Pack Market Report by Segment

By Type

• Leather
• Cotton
• Nylon
• Polyester
• Canvas

By Application

• Travel
• Sports
• Others

 

Global Waist Pack 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