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Tote Bags Market Size, Share & Trends Analysis Report By Pattern (Printed, Textured, Solid), Material (Embellished, Canvas, Fabric, Leather, Faux Leather, Nylon, PVC, Jute, Cloth, And Others), Size (Small, Medium, And Large), Price Range (High, Medium, And Low), Distribution Channel, And Application, Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

Categories: Consumer Goods

Formate :

The Global Tote Bags Market is expected to grow at a CAGR of over 5.5%, and the market size is anticipated to reach USD 5.81 billion during the forecast period of 2019-2025.

 

The word "tote" means "to carry." The American newspaper owner from Ohio Jasper Meek, invented the Tote bag. The Tote bag is a handbag with two handles and an open top. Tote bags are made of fabric, cloth, nylon, and jute. 

These Tote Backpack bags are mainly used to carry multiple goods such as laptops, groceries, and others. Tote bags have larger space than other handbags and are also used as shopping bags, beach bags, knitting bags, work bags, etc.

 

The rising global demand for luxury tote Handbags is one of the major driving factors for the worldwide tote bags market growth. Similarly, the tote Handbag can be a stylish fashion accessory and a practical way to carry your daily essentials. Furthermore, the other factors that contribute towards the growth of the global tote bags market are the growing retail market such as supermarkets, hypermarkets, and specialty stores. Furthermore, these bags can be folded and kept when not in use compared to conventional plastic bags. 

 

The release of toxic waste from the manufacturing plants of tote bags and the raw material is anticipated to hold back the growth of the tote bags market, as this toxic waste is affecting the environment. In addition, the reusability feature of tote bags is seen as an opportunity by the key players to develop environmentally friendly tote bags. Moreover, government initiatives such as plastic bags and fines on plastic use to reduce plastic bags also create a demand for tote bags worldwide.

 Tote Bags

The global tote bags market is segmented based on 

  • Pattern
  • Material
  • Size
  • Price Range
  • Distribution Channel
  • Application

 

By Pattern, the global tote bags market is segmented into 

  • Printed
  • Textured
  • Solid, and others

 

Based on material, the tote bags market is segmented into 

  • Embellished
  • Canvas
  • Fabric
  • Leather
  • Faux Leather
  • Nylon
  • PVC
  • Jute
  • Cloth, And Others. 

 

Fabric material leads the material segment of the global tote bags. It had a market share of 33.9% in 2017 due to its high demand among consumers for its washable and flexible properties. 

 

In terms of Size, the global tote bags market is segmented into 

  • Small
  • Medium
  • Large 

 

By price range, the global tote bags market is segmented into

  • High
  • Medium
  • Low 

 

Based on distribution channels, the global tote bags market is segmented into 

  • Offline stores 
  • Online stores

 

In terms of application, the Global tote and Carry bags market is segmented into causal everyday tote purses, shopping tote, sports tote, personalized tote, business, and travel tote. Among these segments, the shopping tote backpack segment is leading the global tote bags market across the globe.

 

Geologically, the global tote bags market is segmented into 

  • North America
  • Europe
  • The Asia Pacific
  • Middle East & Africa (MEA)
  • South America

 

North America led the Global totebags market and accounted for 28.9% share in 2017 due to high fashion trends among the people demanding tote bags. Moreover, North America is projected to have the largest market share in the global tote bags market due to its considerable chemical industry contribution. However, Europe is estimated to show maximum opportunities for the worldwide tote bags market players. The dominance of the region is the outcome of several policies by the governments of Germany and France to reduce pollution. 

 

Also, various innovative developments such as upgrading the tote bag manufacturing machines and the fabrics used to produce tote bags by major companies in Europe are some of the factors that are anticipated to boost the tote market in Europe. Furthermore, the growing retail sector in the countries such as India and China and the rising number of shopping centers are anticipated to drive the market for the Asia-Pacific region. 

 

Also, governments in Asian countries such as India and China award people the harmful effect of plastic on the environment. They encourage the citizens to use eco-friendly carry bags instead of plastic bags. 

 

For instance, China banned shops, supermarkets, and other retailers from distributing less than 0.025 mm thick plastic bags. This government policy in China has contributed to reducing plastic bag usage by 65 percent by the end of 2017.

 

Some of the key players in the global tote bags market are 

  • Boston Bag Co
  • Capri Holdings Ltd
  • Bag It Doesn't Bin It (BDBI) Ltd
  • H&M group
  • Xiamen novel bag Co., Ltd.
  • Guangzhou Yaxin Leather Corporation Ltd
  • Blivus Bags Pvt. Ltd
  • Deeya International
  • Moonshine Leather Company
  • Victoria Leather Company
  • Guccio Gucci S.p.A
  • Tumi Holdings
  • BAGGU Corporation
  • Western Textile & Manufacturing Co

 

The current scenario of the global tote bags market is highly competitive. Due to the rising number of players entering, the need to capture the potential offered by various opportunities in the market. The players are looking to capture maximum market share by leveraging the options, such as the rising demand for tote bags in domestic and industrial applications. Moreover, the presence of various players in the market further complicates the entry of new players. 

 

The new players adopt strategies such as mergers and collaborations to have a successful future in the global tote bags market to overcome this competition. On the other hand, the established players acquire various businesses to gain an advantage over their competitors. 

 

Also, major players invest a considerable amount in research and development to provide innovative products to the customers. For instance, Capri Holdings acquired luxury fashion brand Versace in 2019. With this acquisition, the company has expanded its portfolio in the luxurious tote bags domain. Furthermore, as a result of this acquisition, CAPRI Holdings can now increase its sales in several regions with the help of Versace's vast distribution network. It allowed the company to acquire about 25% share in the global tote bags market.

Global Tote bag Market Growth, Trend and Forecast 2021-2028

Chapter 1 Tote bag Market Overview
1.1 Product Overview and Scope of Tote bag
1.2 Tote bag Market Segmentation by Type
1.2.1 Global Production Market Share of Tote bag by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Tote bag Market Segmentation by Application
1.3.1 Tote bag Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Tote bag Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Tote bag (2014-2028)

Chapter 2 Global Economic Impact on Tote bag Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Tote bag Market Competition by Manufacturers
3.1 Global Tote bag Production and Share by Manufacturers (2020 and 2020)
3.2 Global Tote bag Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global Tote bag Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers Tote bag Manufacturing Base Distribution, Production Area and Product Type
3.5 Tote bag Market Competitive Situation and Trends
3.5.1 Tote bag Market Concentration Rate
3.5.2 Tote bag Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Tote bag Production, Revenue (Value) by Region (2014-2021)
4.1 Global Tote bag Production by Region (2014-2021)
4.2 Global Tote bag Production Market Share by Region (2014-2021)
4.3 Global Tote bag Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global Tote bag Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America Tote bag Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe Tote bag Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China Tote bag Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan Tote bag Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia Tote bag Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India Tote bag Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global Tote bag Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global Tote bag Consumption by Regions (2014-2021)
5.2 North America Tote bag Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe Tote bag Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China Tote bag Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan Tote bag Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia Tote bag Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India Tote bag Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global Tote bag Production, Revenue (Value), Price Trend by Type
6.1 Global Tote bag Production and Market Share by Type (2014-2021)
6.2 Global Tote bag Revenue and Market Share by Type (2014-2021)
6.3 Global Tote bag Price by Type (2014-2021)
6.4 Global Tote bag Production Growth by Type (2014-2021)

Chapter 7 Global Tote bag Market Analysis by Application
7.1 Global Tote bag Consumption and Market Share by Application (2014-2021)
7.2 Global Tote bag Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Tote bag Manufacturing Cost Analysis
8.1 Tote bag Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Tote bag

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Tote bag Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Tote bag Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Tote bag Market Forecast (2021-2028)
12.1 Global Tote bag Production, Revenue Forecast (2021-2028)
12.2 Global Tote bag Production, Consumption Forecast by Regions (2021-2028)
12.3 Global Tote bag Production Forecast by Type (2021-2028)
12.4 Global Tote bag Consumption Forecast by Application (2021-2028)
12.5 Tote bag Price Forecast (2021-2028)

Chapter 13 Appendix


 


 

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FAQ

What are Tote Bags?

The Tote bag is a type of handbag with two handles and an open top. Tote bags are made of fabric, cloth, nylon, and jute. These bags are mainly used to carry multiple goods such as laptops, groceries, and others.

What is the Tote Bags market share?

The Global Tote Bags Market is expected to grow at a CAGR of over 5.5%, and the market size is anticipated to reach USD 5.81 billion during the forecast period of 2019-2025.

What are the top companies in the Tote Bags Market?

Boston Bag Co., Capri Holdings Ltd, Bag It Doesn't Bin It (BDBI) Ltd, H&M group, Xiamen novel bag Co., Ltd., Guangzhou Yaxin Leather Corporation Ltd, Blivus Bags Pvt. Ltd, Deeya International, Moonshine Leather Company, Victoria Leather Company, Guccio Gucci S.p.A, Tumi Holdings, Inc., BAGGU Corporation and Western Textile & Manufacturing Co.

What are the key factors driving the Tote Bags Market?

The rising global demand for luxury tote bags is one of the major driving factors for the growth of the global tote bags market. Similarly, the tote bag can be used as both stylish fashion accessories and a practical way to carry your daily essentials. Furthermore, the other factors that contribute towards the growth of the global tote bags market are the growing retail market such as supermarkets, hypermarkets, and specialty stores.

In which Region the Tote Bags market is growing?

North America leads the global tote bags market and accounted for 28.9% share in 2017, due to high fashion trends among the people that are demanding tote bags. Moreover, North America is projected to have the largest market share in the global tote bags market owing to its large contribution to the chemical industry.

What are the segmentation of Tote Bags Market?

The global tote bags market is segmented based on pattern, material, size, price range, distribution channel, and application.

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  • Market Size and Share from 2016 - 2027
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  • COVID-19 Impact assessment on the market
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Tote Bags Market Size, Share & Trends Analysis Rep...

RD Code : CG22