Waterproof Bags Market – Industry Analysis and Forecast (2022-2029)

Waterproof Bag Market is expected to reach USD 16.57 billion by 2029, with a CAGR of 5.37 % between 2022 and 2029. A waterproof bag is required to safeguard electrical equipment and gadgets from water, sand, and other possible threats. The research gives a holistic perspective of the market by combining qualitative and quantitative data. It examines the global Waterproof Bags Market in-depth and provides forecasts for the key categories. It also includes market size and forecast estimates for five key regions: North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America, for the years 2021 to 2029. The Waterproof Bags Market is further segmented into countries and sectors within each location.Waterproof Bag MarketTo know about the Research Methodology :- Request Free Sample Report

Waterproof Bags Market Dynamics

The growing need for gadgets and devices is driving up demand for protective coverings and wallets, which is driving up demand for waterproof bags throughout the world. One of the elements contributing to a growth in global demand for these items is the global population's growing disposable income. In addition, people's growing interest in water sports such as river rafting is encouraging them to use waterproof bags for their electronics, which is fueling the waterproof bag market's growth. Waterproof bags are affordable and now come in a variety of sizes and forms depending on the product requirement. Because of their lightweight and small form, these bags are becoming increasingly popular among customers, propelling the global market growth. Plastic, rubber, and their derivatives are used to make waterproof bags, and they are not ecologically friendly materials. These materials, too, are difficult to disintegrate, causing customer concerns about the environment. This issue are expected to hinder the waterproof bags market's growth across the globe. Market Trends: The cheap cost and adaptability of waterproof bags are two significant elements expected to provide many development opportunities for the global market. Growing waterproof bag uses, such as canoeing and kayaking, are also increasing customer interest. New waterproof bags, such as the Hefty Slider bag and the Laird waterproof bag, have new applications. The waterproof bags market is likely to grow at a moderate rate over the forecast period, with high growth potential. E-commerce has significantly aided the waterproof bag business in recent years. High internet penetration, rising smartphone sales, and digitalization have fueled e-commerce growth in all areas, which is expected to boost the economy.

Waterproof Bags Market Regional Insight

North America has the greatest share of the global waterproof bags market, while Europe is the second-largest contributor to the market’s growth, thanks to an increase in the number of vacationers and beachgoers in the region. Due to the region's growing packaging sector and increased consumer interest in water sports, Asia Pacific also has a large proportion of the global waterproof bag market. The markets in Latin America, the Middle East, and Africa are still in their infancy and are expected to rise significantly throughout the forecast period. Report Objectives: • Landscape analysis of the Waterproof Bags Market • competitive benchmarking • Past and current status of the industry with the forecasted market size and trends • Evaluation of potential key players that include market leaders, followers, and new entrants • Technology trends • The potential impact of micro-economic factors on the market • External and Internal factors affecting the market have been analyzed The report also helps in understanding the Waterproof Bags Market dynamics, and structure by analyzing the market segments to project the Waterproof Bags Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Waterproof Bags Market make the report investor’s guide.

Waterproof Bags Market Scope: Inquiry Before Buying

   Waterproof Bags Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 10.90 Bn
Forecast Period 2022 to 2029 CAGR: 5.37% Market Size in 2029: US $ 16.57 Bn.
Segments Covered: by Material Type • Silicone Elastomers Type • Polyurethane Type • Polyvinylchloride (PVC) Type • Rubber Type • Wax Type • Others
by End-Use Industries • Marine • Defense • Packaging • Electronics • Others
by Distribution Channel • Hypermarkets/supermarkets • Specialty stores • Online retailers • Others

Waterproof Bags Market, by Region

• North America • Europe • Asia pacific • The Middle East and Africa • South America

Waterproof Bags Market Key Players

• Jinjiang Jiaxing Company • Sealock Outdoor Gear Co. Ltd • Shenzhen Socoole Technology Co. Ltd • 4U Sporting Goods Co., Ltd • Maysky Bags Co. Ltd • Guangzhou JQX Industrial Co. Limited • Huian Mingzhou Light Industry Bags Co.Ltd • Quanzhou Hoosam Bag4U Sporting Goods Co.Ltd • Maysky Bags Co.Ltd • Guangzhou JQX Industrial Co., Limited • Huian Mingzhou Light Industry Bags Co.Ltd • Quanzhou Hoosam Bag • Tteoobl • Sealock • lyceem • Voca-Joy Frequently Asked Questions 1. What is the projected market size & growth rate of the Waterproof Bags Market? Ans- The Waterproof Bags Market was valued at USD 10.90 billion in 2021 and is projected to reach USD 16.57 billion by 2029, growing at a CAGR of 5.37% during the forecast period. 2. What is the key driving factor for the growth of the Waterproof Bags Market? Ans- The growing need for gadgets and devices is driving up demand for protective coverings and wallets, which is driving up demand for waterproof bags throughout the world. 3. Which Region accounted for the largest Waterproof Bags Market share? Ans- North America has the greatest share of the global waterproof bags market. 4. What makes North America a Lucrative Market for Waterproof Bags Market? Ans- An increase in the number of vacationers and beachgoers in the region. 5. What are the top players operating in the Waterproof Bags Market? Ans- Jinjiang Jiaxing Company, Sealock Outdoor Gear Co. Ltd, Shenzhen Socoole Technology Co. Ltd, 4U Sporting Goods Co., Ltd, Maysky Bags Co. Ltd, and Guangzhou JQX Industrial Co. Limited.
1. Global Waterproof Bags Market: Research Methodology 2. Global Waterproof Bags Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Waterproof Bags Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Waterproof Bags Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Waterproof Bags Market Segmentation 4.1 Global Waterproof Bags Market, by Material Type (2021-2029) • Silicone Elastomers Type • Polyurethane Type • Polyvinylchloride (PVC) Type • Rubber Type • Wax Type • Others 4.2 Global Waterproof Bags Market, by End-Use Industries (2021-2029) • Marine • Defense • Packaging • Electronics • Others 4.3 Global Waterproof Bags Market, by Distribution Channel (2021-2029) • Hypermarkets/supermarkets • Specialty stores • Online retailers • Others 5. North America Waterproof Bags Market (2021-2029) 5.1 North American Waterproof Bags Market, by Material Type (2021-2029) • Silicone Elastomers Type • Polyurethane Type • Polyvinylchloride (PVC) Type • Rubber Type • Wax Type • Others 5.2 North America Waterproof Bags Market, by End-Use Industries (2021-2029) • Marine • Defense • Packaging • Electronics • Others 5.3 North America Waterproof Bags Market, by Distribution Channel (2021-2029) • Hypermarkets/supermarkets • Specialty stores • Online retailers • Others 5.4. North America Waterproof Bags Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Waterproof Bags Market (2021-2029) 6.1. European Waterproof Bags Market, by Material Type (2021-2029) 6.2. European Waterproof Bags Market, by End-Use Industries (2021-2029) 6.3 European Waterproof Bags Market, by Distribution Channel (2021-2029) 6.4. European Waterproof Bags Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Waterproof Bags Market (2021-2029) 7.1. Asia Pacific Waterproof Bags Market, by Material Type (2021-2029) 7.2. Asia Pacific Waterproof Bags Market, by End-Use Industries (2021-2029) 7.3 Asia Pacific Waterproof Bags Market, by Distribution Channel (2021-2029) 7.4. Asia Pacific Waterproof Bags Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Waterproof Bags Market (2021-2029) 8.1. Middle East and Africa Waterproof Bags Market, by Material Type (2021-2029) 8.2. Middle East and Africa Waterproof Bags Market, by End-Use Industries (2021-2029) 8.3 Middle East and Africa Waterproof Bags Market, by Distribution Channel (2021-2029) 8.4. Middle East and Africa Waterproof Bags Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Waterproof Bags Market (2021-2029) 9.1. Latin America Waterproof Bags Market, by Material Type (2021-2029) 9.2. Latin America Waterproof Bags Market, by End-Use Industries (2021-2029) 9.3 Latin America Waterproof Bags Market, by Distribution Channel (2021-2029) 9.4. Latin America Waterproof Bags Market, by Country (2021-2029) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Shenzhen Socoole Technology Co. Ltd 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Jinjiang Jiaxing Company 10.3. Sealock Outdoor Gear Co. Ltd 10.4. Shenzhen Socoole Technology Co. Ltd 10.5. 4U Sporting Goods Co., Ltd 10.6. Maysky Bags Co. Ltd 10.7. Guangzhou JQX Industrial Co. Limited 10.8. Huian Mingzhou Light Industry Bags Co.Ltd 10.9. Quanzhou Hoosam Bag4U Sporting Goods Co.Ltd 10.10. Maysky Bags Co.Ltd 10.11. Guangzhou JQX Industrial Co., Limited 10.12. Huian Mingzhou Light Industry Bags Co.Ltd 10.13. Quanzhou Hoosam Bag 10.14. Tteoobl 10.15. Sealock 10.16. lyceem 10.17. Voca-Joy

About This Report

Report ID 85320
Category Healthcare
Published Date Oct 2022
Updated Date
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