Carry Cases Market

The global carry cases market size was valued at USD 7.65 Billion in 2022 and is likely to reach USD 12.82 Billion by 2031, expanding at a CAGR of 5.9% during the forecast period, 2023-2031. The growth of the market is attributed to the growing usage of consumer electronics including tablets and notebooks has increased the demand for protective cases of these devices.

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Carrying cases is used for appropriately organizing and carrying a collection of similar or dissimilar items. There is a different type and kind of carrying case according to its application including, carrying case for protection and keeping of smartphones, cases for technical equipment, and speaking systems. The dimensions, design, size, and shape of carrying cases differs according to the items that are to be carried.

Depending on the use of the carrying case, it can be manufactured from wood, fabric, leather, plastic, nylon, aluminum, and other combination of materials. The carry cases or the cover cases not only improve the functionality but also provide aesthetic look along with features like smart storage capacity, durability, and protection.

The COVID-19 pandemic had brought a negative impact on the market. During pandemic, the lockdown imposed by government bodies resulted in supply chain disruption, manufacturing plants were temporarily shutdown, and less availability of raw material at high cost hampered the production and distribution of carry cases. The market is expected to recover by the end of 2021 as lockdown and travel ban is lifted by government bodies as well as purchasing power of consumers is also increasing.

Carry Cases Market Trends, Drivers, Restraints, and Opportunities

• Increasing online retail channels that provide extensive variety of carry cases at affordable price is one of the key factor driving the market growth.
• Rising trend of using smart cases for tracking the device is projected to drive the market expansion during the forecast period.
• Escalating competition between local manufacturers and authorized dealers acts as a major challenge that can restrict the market growth in the coming years.
• Growing number of counterfeit products can hamper the market growth during the projected timeline.
• Manufacturing customized carry case according to need of consumer is projected to create significant growth opportunities for the market.

Scope of Carry Cases Market Report

The report on the global carry cases market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Carry Cases Market Segment Insights

Type Segment Analysis

Based on types, the global carry cases market is bifurcated into commercial and consumer. The commercial segment is expected to grow at a rapid pace during the forecast period attributed to commercial business as they signs long-term contract for the supply of backpacks and sleeves, which increases income for the supplier company over an extended period of time.

However, the consumer segment is anticipated to expand at a substantial CAGR in the coming years due to the increasing use of smart carry cases by personnel for storage and protection of credit card, passports, and other documents from wireless identity theft.

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Products Segment Analysis

In terms of products, the market is divided into briefcase, sleeves, backpack, messenger bags, and other. The backpack segment is expected to account for a major market share during the projected timeline owing to use by students and professionals.

Moreover, introduction of smart backpacks with headphone outlets, driving the segment further. On the other hand, the sleeves segment is projected to expand at a considerable CAGR during the forecast period due to its use in marketing and promotional activities at educational institutes and workplace.

Regional Analysis

In terms of region, the global carry cases market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute a key share of the market during the projected period owing to economic manufacturing of carry cases and increasing adoption of consumer electronics for personal and business purposes in the region.

However, the North America market is anticipated to grow at a rapid pace during the forecast period due to the growing trend of bring your own device at work, rise in purchasing power of consumers, and awareness regarding protection of electronic devices increasing the demand of carry cases in the region.

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Segments

The global carry cases market has been segmented on the basis of

Types

• Commercial
• Consumer

Products

• Briefcase
• Sleeves
• Backpack
• Messenger Bags
• Other

Regions

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Torg
• Lenovo
• Thule Group
• Case Logic 
• Incase Design Corp.
• Targus AP
• Fabrique Ltd.
• Swissgear
• AsusTeK Computer Inc.
• North Face

Competitive Landscape

Key players competing in the global carry cases market are Torg; Lenovo; Thule Group; Case Logic;  Incase Design Corp.; Targus AP;  Fabrique Ltd.; Swissgear; AsusTeK Computer Inc.; and North Face
Companies are focusing on development of light-weight, long-lasting, enhanced protection, and smart carry cases for the market. Furthermore, companies are widely engaging in strategic partnership, merger & acquisition, new product launch, and collaborations to boost their market share and acquiring new buyers.