Global Smart Backpack Market to Grow at a CAGR of 4.9% by 2021 - Experiencing a Rise in Trade Offers by Key Competitors - Research and Markets

DUBLIN, May 19, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Smart Backpack Market 2017-2021" report to their offering.

The global smart backpack market to grow at a CAGR of 4.98% during the period 2017-2021.

The report, Global Smart Backpack Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is advanced technological innovations in product features. The launch of value-added and innovative luggage products is expected during the forecast period. Innovation is expected in design, color, shape, and weight. The demand for lightweight and durable backpacks is increasing globally as lightweight backpacks are easier to carry and handle and provides comfort to customers.

According to the report, one driver in market is rise in trade offers by key competitors. In today's extremely competitive market environment, customer retention has become very difficult. Therefore, the vendors operating in the global smart backpack market are introducing various trade offers for consumers to trigger sales. Discounts, exchange offers, and festival offers are some of the trade deals being provided by the vendors through several distribution channels in different countries. These trade deals are attracting many consumers, thereby, increasing the sales revenue of the market competitors. The frequent introduction of trade offers by the competitors also tends to attract price-sensitive consumers, especially in developing regions such as APAC.

Key vendors

• AMPL LABS
• CO.ALITION
• Mancro
• Targus
• TRAKK
  

Other prominent vendors

• Ghostek
• KOPACK
• MOS Pack
• Poros
• Shenzhen Joyelife Technology
• +TYLT
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by capacity

PART 07: Market segmentation by distribution channel

PART 08: Geographical segmentation

PART 09: Key leading countries

PART 10: Decision framework

PART 11: Drivers and challenges

PART 12: Market trends

PART 13: Competitor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/kbbxj8/global_smart

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