Estimation for Backpack Market for 2032 is USD 36.80 Billion

The global backpack market size stood at USD 18.66 billion in 2024. The market is predicted to rise from USD 20.26 billion in 2025 to USD 36.80 billion by 2032 at a CAGR of 8.90% from 2025 to 2032. 

Fortune Business Insights™ presents this information in its report titled, “Backpack Market Size, Share & Industry Analysis, By Product Type (Daily Commute, Travel, Business/Work, School/College, Sports & Fitness, Outdoor Adventure, Fashion/Lifestyle, and Others), By Price Range (Economy (below USD 50), Mid-Range (USD 50-150), Premium (USD 150-300), and Luxury (above USD 300)), By End-user (Men, Women, Unisex, and Kids), By Distribution Channel (Specialty Outdoor & Sports Stores, Supermarkets & Hypermarkets, Department Stores, Exclusive Brand Stores, Online/E-Commerce, and Others), and Regional Forecast, 2025-2032”

Backpack is a daily essential for consumers to carry everyday essentials in their routine, such as for travelers, students, professionals, hikers, and commuters. It serves as a carrying solution for compact, portable, lightweight, and modern accessories and even a fashion goal for today’s generation. In order to make an individual’s life easier, key players contribute toward adding innovation and fashion in the market further keeping in mind the sustainable and durable aspect of designing such carry-ons. Individuals carry personal belongings such as laptops, books, outdoor gear, and other essentials with minimal effort and style.

Samsonite International S.A. Launched Products Crafted with Eco-friendly Materials

In September 2025, ‘Paralux Collection’ of travel backpacks was launched by Samsonite International S.A. Further, the new series launch was to introduce eco-friendly materials in crafting products in the market. However, the range includes different styles such as large, medium, travel backpacks, duffels, and global as well as domestic carry-ons. Also, the collection includes several colors such as stone grey, midnight navy, black, and olive. 

Increasing Urban Mobility and Need for Hassle-free Carrying Solutions Fuel Market Growth

The primary reason behind the backpack market growth is the increasing urban mobility and the need for hassle-free carrying solutions. As the everyday commuting of people has increased for work, education, and other personal activities, the use of such carry bags is also growing. Further, shoulder bags over handbags or briefcases are most common in today’s generation as it is easy to carry multiple items, travel-friendly, and fashionable. Also, the demand for cycling, trekking, hiking, and urban micro-mobility platforms has made the use of durable and practical bags necessary. 

However, the market is hampered by certain environmental impacts caused due to synthetic materials such as nylon and polyester which are derived from plastics and further contribute to long-lasting landfills when discarded. 

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/backpack-market-103853

Key Players Focus on Innovation, Strong Branding, and Sustainability Drives Market Growth

The global market for backpacks is highly competitive where key players work each day to stay distinct from others through innovation, strong branding, and sustainability. However, the players have adopted key strategies of sustainability such as using recycled, organic, and repurposed materials. In order to reach a wide range of customers in the market, the major players have reinforced their market position through robust omnichannel distribution, ecommerce, integrating retail partnerships, and direct-to-consumer platforms. 

List of the Companies Profiled in the Report:

• Samsonite International S.A. (Luxembourg)
• VF Corporation (U.S.)
• Thule Group (France)
• Osprey (U.S.)
• Victorinox (Switzerland)
• Away (U.S.)
• Fenix Outdoor International AG (Switzerland)
• Global Uprising PBC (dba Cotopaxi) (U.S.)
• Quince (U.S.)
• Travelpro Products, Inc. (U.S.)
• United States Luggage Company, LLC. (U.S.)
• Moët Hennessy Louis Vuitton (LVMH ) (France)
• Delsey Paris (France)

Notable Industry Development:

• May 2025:  A new kids collection was launched by Away that marked the brand’s entry into the travel gear market for children. The launch specifically included four key items customized only for young travelers such as kid-sized version of carry-one luggage, packing cubes, a travel-friendly backpack, and a lunch box. 

Further Report Findings-

• In the geographical forefront, Asia Pacific held the dominant backpack market share in 2024 owing to increasing disposable income across developing regions, larger population base, and rapid urbanization. 
• North America is projected to show considerable growth in the upcoming years due to large outdoor-recreation communities, education, strong culture of tours and travels for business, and weekend mobility. Due to an increase in certain activities such as trekking, hiking, and traveling, the need for backpacks is also rising. 
• On the basis of usage occasion, the school/college segment shows significant growth due to the dependence of students on bags as an everyday essential in order to carry books, digital gadgets, stationary, and other personal items. 
• Based on price range, the economy segment held the largest share in the market due to a broad consumer base. Hence, providing functional and durable bags at accessible prices for students, daily commuters, and budget conscious buyers. 

Table of Segmentation