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.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9599

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.

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 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. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=9599&ltype=S

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

About Us

TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

Contact:

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here