Because of the replacement effect and other factors of tablet PC to laptop, the global notebook shipments showed a downward trend. In the next few years, because of the smartphone and tablet replacement effect gradually weakened, and the normal replacement of the laptop, as well as a further alternative to the desktop PC, Notebook's shipments will remain stable in the future. According to the report, global revenue for Laptop Bag market was valued at $ 1631.1 million in 2017, and is expected to generate revenue of $ 2216.6 million by end of 2025, growing at a CAGR of 3.91 % between 2017 and 2025.
Key vendors analysed in this market research are
· Belkin International, Inc.
· Xiangxing Group
· Wenger (Swissgear)
· United States Luggage
· Chrome Industries
· FILSON CO.
· Booq LLC
This industry is fragmented. It is characterized by many smaller suppliers. Samsonite, Targus and Kensington capture the top three market share spots in the Laptop Bag market in 2017. There are many companies provide OEM and ODM for global well-known brands suppliers in China. Such manufacturers reduce the price and lower profit margins in order to obtain customer orders.
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