Diaper Bags Market To Grow Enormously with Size Worth $797.7 Million By 2025 |Grand View Research, Inc.
The global diaper bags
market size is anticipated to reach USD 797.7 million by 2025, according to
a new report by Grand View Research, Inc., expanding at a CAGR of 2.9% over the forecast period. Growing consumer preference
for organized utility storage and hassle free travel along with infants and
product innovation with respect to trendy designs and loading capacity are some
of the factors accelerating the growth of the global market.
Diaper bags are designed with easy
carrying features and multiple storage pockets that enable consumers to perform
other ordinary tasks. Rigid handles, multipurpose features, and wheels are some
of the product modifications aimed to enhance the functionality of the product.
For instance, DIAPER-N-GO™ Changing Station is a multipurpose diaper bag that
can be used as a diaper bag, a foldable travel bed, and a complete baby
changing station.
Key players of the market include Carter’s, Inc.; Disney; Graco; Sanrio
Co., Ltd.; J.J Cole Collections; Trend Lab; SUNVENO; OiOi; Arctic Zone &
California Innovations Inc.; Petunia Pickle Bottom; Ju-Ju-Be; Storksak; and Amy
Michelle.
The backpack type held the largest
share of 37.3% in 2018. Comfort of carrying the bag due to padded straps and
advantage of freeing both hands are the prime reasons for the segment growth.
The tote product segment is gaining popularity and is anticipated to expand at
a CAGR of 3.4% from 2019 to 2025. Need to carry baby products and still look
trendy is spurring the demand for this segment. For instance, the JJ Cole
Brookmont diaper bag has 15 pockets and a removable liner on the inside to
clean up messes quickly. This bag can be used by men and women both. Other bags
including hobo, clutches, and satchels are also expected to witness significant
growth over the forecast period.
Manufacturers are introducing compact
and trendy bag, along with utility features that distribute the load evenly.
This, in turn, is expected to drive the demand for these bags. For instance,
Cole Brookmont offer stylish diaper satchels equipped with enough number of
pockets to store ample utilities, along with a removable liner on the inside to
clean up any mess quickly. Some of the brands that offer stylish diaper bags
are Skip Hop Travel Bag, Freshly Picked City Pack, and JJ Cole Brookmont.
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Further key findings from the study
suggest:
·
The global diaper bags market
is expected to expand at a CAGR of 2.9% from 2019 to 2025
·
The tote product segment is
expected to register the highest CAGR of 3.4% over the next few years
·
Based on distribution channel,
retail outlets accounted for the largest share of more than 50.0% in 2018
·
North America accounted for the
largest share of 28.8% in 2018, majorly driven by the U.S. market.
The
global diaper bags market size was valued at USD 654.8 million in 2018 and is
expected to expand at a CAGR of 2.9% from 2019 to 2025. Convenience offered by
the diaper bags to carry and store baby utility products is expected to drive
the demand for the product. Growing consumer preference for organized utility
storage facilities, hassle free travel, and product innovation with respect to
design and capacity are some of the factors accelerating the growth of the
global market.
Diaper
bags designed with easy carrying features and multiple storage pockets enable
consumers to perform other ordinary tasks such as holding the baby, opening
doors, shopping, and making payments. Rigid handles, multi-purpose features,
and wheels are some of the product modifications aimed to enhance the
functionality of the bags. For instance, DIAPER-N-GO™ Changing Station is a
multipurpose diaper bag that can be used as a diaper bag, a foldable
travel bed, and a complete baby changing station.
Growing
travelling activities among families is also a key factor boosting the market
growth. As per the consumer trend, millennials with infants are traveling more
than once in a year as compared to any other demographic group on international
and adventure trips. Among 80 million U.S. millennials, families have been
considered to travel more. Moreover, camping and picnics are some of the common
outdoor recreational activities among the U.S. families, which is further
expected to propel the use of diaper bags for organized and light luggage
carry.
Growing
popularity of online distribution channels amongst the consumers is expected to
open up lucrative opportunities for the global diaper bags market. Premium as
well as international brands aim to reach out to the large customer base
through online retailing. According to the U.S. baby product report by TABS,
20.0% of baby products purchases occur online. Specialty channels such as
Toys”R”Us and Babies”R”Us also contributed to the growth of e-commerce.
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Press Release of this report:
Grand View Research has segmented the
global diaper bags market on the basis of bag type, application, distribution
channel:
Diaper Bags Bag Type Outlook (Revenue, USD Million, 2015
- 2025)
·
Backpack
·
Tote
·
Messenger
·
Others
Diaper Bags Application Outlook (Revenue, USD Million,
2015 - 2025)
·
Travel
·
Daily Use
Diaper Bags Distribution Channel Outlook (Revenue, USD
Million, 2015 - 2025)
·
Online
·
Retail Outlets
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.

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