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Smart Backpack Market Share

Report ID: GMI12828
Published Date: Dec 2024
Report Format: PDF

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Smart Backpack Market Share

The market is fragmented, with several regional companies operating on a global scale. Together these companies hold a market share of 10%-15% of the total market. Companies in the fragmented smart backpack industry adopt strategies such as product innovation, regional expansion, competitive pricing, and leveraging e-commerce platforms to capture market share and meet diverse consumer demands globally.

Smart Backpack Market Companies

Major players operating in the smart backpack industry are:

Bopai
eBags
Ghostek
Kopack
Korin
Mancro
Matein
Modoker
Nomatic
Nordace
SwissGear
Targus
Timbuk2
Voltaic
Xiaomi

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global smart backpack industry was valued at USD 620.9 million in 2024 and is projected to grow at a CAGR of 8.4% from 2025 to 2034, driven by the rapid integration of advanced technologies catering to tech-savvy consumers.

The travel backpack segment generated USD 242.2 million in 2024 and is expected to grow at a CAGR of 8.7% during the forecast period due to its versatile features like large storage capacity, anti-theft mechanisms, and integrated charging ports, meeting the needs of frequent travelers and digital nomads.

The U.S. accounted for 75.3% of the North American smart backpack market in 2024 and is anticipated to grow at a CAGR of 8.4% during the forecast period, supported by advanced consumer technology adoption and a robust retail infrastructure.

Key players in the market include Bopai, eBags, Ghostek, Kopack, Korin, Mancro, Matein, Modoker, Nomatic, Nordace, SwissGear, and Targus.