Transparency
Market Research Report Added "Waterproof
Bags Market".To protect the electronic devices and
gadgets from water, sand, and other potential hazards there is a need
for a waterproof bag. Waterproof bags are made up of synthetic and
natural fabrics, which are coated or laminated with waterproofing
materials such as silicone elastomer, polyurethane,
polyvinylchloride, rubber, and wax. Depending upon the waterproofing
principle, there are different types of waterproof bags available in
the market, such as DryCase Tablet and TrendyDigital Waterproof Case.
In these bags, there is a vacuum seal from which air is pumped out
once it is sealed, in order to avoid sand and water from reaching the
device inside it. Waterproof bags market has been expanding at a
significant growth rate over the last two decades. These bags find
applications in the defense, marine, trekking, and electronics
industries. They are mostly used by travellers to protect their
mobiles and cameras from sand, water, etc.
The increasing
market of gadgets and devices is leading to the rise in demand for
their protective covers and bags, thereby boosting growth of the
global waterproof bags market. The increasing interest of people in
water sports, such as river rafting, is aligning them to use
waterproof bags for their devices, a factor which is further
contributing to the growth of the global waterproof bags market
currently. Waterproof bags are affordable and, these days, are easily
available in different sizes and shapes depending on the device
requirement. Also, the light weight and portable nature of these bags
is making them more and more popular among the users, thereby driving
their market growth globally. Waterproof bags are made up of plastic,
rubber, or its derivatives, and these materials are not environment
friendly. Also, these materials cannot be decomposed easily, thus
creating environmental concerns among the consumers. This factor
could hamper growth of the global waterproof bags market over the
forecast period.
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Its affordable cost
and the flexibility that it offers are the two major factors expected
to create various growth opportunities for the global waterproof bags
market over the forecast period. Growing applications of waterproof
bags, such as for canoeing and kayaking, are also making it more
popular among consumers. The new versions of waterproof bags, such as
Hefty Slider bag, Lavod waterproof bag, and Seattle Sports waterproof
bag are marking new uses of these bags. An excellent growth potential
is projected for the waterproof bags market in the future, and the
market is expected to expand at a modest CAGR over the forecast
period. The global waterproof bags market has witnessed significant
growth in developed regions until now and, in the coming years, is
anticipated to grow at steady pace in the developing nations as well.
The global
waterproof bags market is segmented on the basis of materials used,
application, and end- use industries. On the basis of materials used,
the global waterproof bags is segmented into silicone elastomers,
polyurethane, Polyvinylchloride (PVC), rubber, and wax. By
application, the global waterproof bags is segmented into packing
products, river rafting, laptop bags, school bags, trekking, mobile
bags, camera bags, and others. By end-use industry, the global
waterproof bags is segmented into marine, defense, packaging,
electronics, and others.
By geography, the
global waterproof bags market is segmented into North America,
Europe, Asia Pacific, Middle East and Africa, and Latin America.
Currently, North America accounts for the highest share of the global
waterproof bags market, owing to highly grown electronics sector in
the region. Europe is the second largest contributor to the growth of
the global waterproof bags market, driven by the increased number of
travelers and beach crowd in the region. Asia Pacific also accounts
for a significant share of the global waterproof bags market due to
the developing packaging industry and increase in consumer interest
in water sports in the region. Latin America and the Middle East and
Africa markets are still at a nascent stage and are anticipated to
exhibit a considerable growth potential over the forecast period.
Some of the Key
Players in the global waterproof bags market market
are Jinjiang Jiaxing Company, Sealock Outdoor Gear Co. Ltd, Shenzhen
Socoole Technology Co. Ltd, 4U Sporting Goods Co., Ltd, Maysky Bags
Co. Ltd, Guangzhou JQX Industrial Co., Limited, Huian Mingzhou Light
Industry Bags Co., Ltd, Quanzhou Hoosam Bags Co. Ltd, Yiwu Global Bag
Co., Ltd, and Ningbo Clover Textile Co. Ltd.
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