Global Dry Bags
Market Report
2024
The Global Dry Bags market will expand at a compound annual growth rate (CAGR) of 5.30% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Dry Bags market will expand at a compound annual growth rate (CAGR) of 5.30% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Dry Bags Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Dry Bags Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Dry bags are designed to be waterproof and airtight, serving to keep their contents protected from water, moisture, dust, and other environmental elements. They are commonly crafted from durable, water-resistant materials like nylon, polyester, or PVC, with seams that are either welded or sealed to guarantee high waterproofing. The increasing popularity of water sports, including river rafting, is driving the use of waterproof bags for electronic devices, propelling the growth of the waterproof bag market.
(Source:seatosummit.com/products/ultra-sil-dry-bag)
The Dry Bags market is strongly influenced by key drivers related to outdoor adventure trends. The growing popularity of outdoor activities such as hiking, camping, kayaking, and water sports has been a significant driver for the demand of dry bags. As more individuals seek recreational experiences in natural settings, there is an increased need for reliable and waterproof storage solutions to protect valuables and electronic devices from water, sand, and other environmental elements. This trend has spurred innovation in dry bag design, with manufacturers developing products that cater to specific adventure activities, contributing to the market's growth.
In February 2023, Ortlieb launched the Atrack Dry Pack, a multipurpose waterproof bag suitable for hiking, biking, and paddling. This pack is crafted from robust TPU fabric, providing resistance to tears and abrasions.
(Source:www.ortlieb.com/en_us/products/water/dry-bags)
The Dry Bags market is the rising awareness of environmental conservation. Consumers are increasingly conscious of the impact of single-use plastics and are seeking sustainable alternatives. Dry bags, typically made from durable and eco-friendly materials, align with this shift in consumer preferences. The market is witnessing a surge in demand for dry bags that are not only waterproof but also environmentally friendly. Manufacturers are responding by incorporating recycled materials and promoting eco-conscious production practices. This environmental awareness has become a crucial driver influencing purchasing decisions and contributing to the overall growth of the dry bags industry.
In March 2023, Sea to Summit launched the new Hydraulic Dry Pack, a lightweight and portable dry bag suitable for travel and daily use. The Hydraulic Dry Pack is constructed from 20D Ultra-Sil nylon, making it exceptionally light and compact.
(Source:www.seatosummitindia.com/products/hydraulic-dry-bag)
The increasing popularity of outdoor activities and the rise in demand for waterproof storage solutions, numerous new entrants and existing players are vying for market share. This intense competition can lead to price wars, affecting profit margins for manufacturers. Moreover, maintaining a strong brand presence and differentiation in a crowded market becomes challenging. To overcome this restraint, companies need to focus on strategic marketing, product innovation, and building strong brand loyalty to secure a competitive edge in the market.
The COVID-19 pandemic has significantly impacted the dry bags market, introducing both challenges and opportunities. The global lockdowns and restrictions on travel and outdoor activities during the initial phases of the pandemic led to a temporary decline in demand for dry bags, especially in sectors related to tourism, adventure sports, and outdoor recreation. However, as individuals adapted to the "new normal" and sought outdoor activities that allowed for social distancing, there was a notable resurgence in demand for dry bags. The growing popularity of activities such as kayaking, camping, and hiking, where dry bags are essential for protecting belongings, contributed to the market's recovery.
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The Competitive Landscape of the Dry Bags market is marked by intense competition and a diverse array of players vying for market share. Key players in the industry are continuously engaged in strategic initiatives such as product innovation, mergers, and acquisitions to gain a competitive edge.
(Source:www.nrs.com/bills-bags/c5356)
Top Companies Market Share in Dry Bags Industry: (In no particular order of Rank)
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Global Dry Bags Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Dry Bags Industry growth. Dry Bags market has been segmented with the help of its Type, Application , and others. Dry Bags market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominant category is women's dry bags. The dominance of this category is attributed to the increasing participation of women in outdoor activities, including water sports, hiking, and camping. Women's dry bags are designed with a focus on both functionality and aesthetics, catering to the preferences of female consumers who seek not only waterproof protection for their belongings but also stylish and vibrant designs. Manufacturers are recognizing the unique needs of women in outdoor settings, leading to a surge in the availability of women-centric dry bags with features that address their specific requirements, making this category a dominant force in the market.
The fastest-growing category is men's dry bags. The growth in this segment is driven by the expanding market for outdoor gear and accessories among men, including those who engage in activities like hiking, fishing, and adventure travel. Men's dry bags are gaining popularity due to their durability, rugged designs, and specialized features tailored to meet the demands of outdoor enthusiasts. As the market for outdoor gear continues to expand, men's dry bags are experiencing rapid growth, with manufacturers constantly innovating to offer advanced features, enhancing their appeal to the male demographic and making this category the fastest-growing segment in the Dry Bags market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Dry Bags Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominant category is Kayaking Dry Bags. This dominance is driven by the growing popularity of kayaking as a recreational water sport. Kayakers require reliable and waterproof bags to protect their belongings from water splashes and immersion. Kayaking dry bags are specifically designed with features such as waterproof seals, durable materials, and secure closures to withstand the challenging water conditions associated with kayaking. The increasing interest in water-based activities, particularly kayaking, has led to a surge in the demand for specialized dry bags tailored to meet the unique needs of kayakers, establishing this category as the dominant force in the market.
The fastest-growing category in the Dry Bags market is Canyoning Dry Bags. Canyoning involves traversing through canyons, often incorporating activities like climbing, rappelling, and swimming. Canyoning dry bags are witnessing rapid growth due to the rising popularity of canyoning as an adventure sport. These bags are designed to endure the harsh conditions of canyons, providing not only waterproof protection but also durability and versatility. As more outdoor enthusiasts embrace the thrill of canyoning, the demand for specialized dry bags tailored to this activity is on the rise, making Canyoning Dry Bags the fastest-growing category in the market.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Dry Bags market report 2024 Edition by contacting our team.
According to Cognitive Market Research, North America dominates the Dry Bags market, holding a substantial 40% market share with an anticipated market size of XX Billion USD by 2030. This prominence is fueled by a robust demand for dry bags, driven by the region's fervor for outdoor recreational activities and a burgeoning adventure sports culture. The market analysis highlights North America's leading position, particularly in water-centric activities like kayaking, canoeing, and rafting, contributing significantly to the market's growth. The Water Sports segment, within the regional context, has witnessed a surge in demand for specialized dry bags tailored to protect belongings from water exposure during aquatic pursuits. In conclusion, North America's stronghold in the Dry Bags market underscores the region's outdoor lifestyle and the increasing awareness of the necessity for effective waterproof solutions, emphasizing its pivotal role in shaping the global market landscape.
Asia Pacific emerges as the fastest-growing region in the Dry Bags market, poised to capture a substantial 23% market share and an estimated market size of XX Billion USD by 2030. The region's rapid ascent is underpinned by a burgeoning middle class, increasing disposable income, and a growing interest in outdoor activities. In particular, water-based sports and adventure tourism have gained immense popularity, driving the demand for reliable dry bags to safeguard belongings. The segmentation analysis underscores the significance of water-related segments, such as kayaking, canoeing, and rafting, contributing significantly to the market's dynamism in the Asia Pacific. In conclusion, the region's robust economic growth, coupled with a rising affinity for outdoor pursuits, positions Asia Pacific as a key player in the global Dry Bags market landscape.
The current report Scope analyzes Dry Bags Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, North America dominates the Dry Bags market, holding a substantial 40% market share with an anticipated market size of USD XX Billion in 2023. This prominence is fueled by a robust demand for dry bags, driven by the region's fervor for outdoor recreational activities and a burgeoning adventure sports culture. The market analysis highlights North America's leading position, particularly in water-centric activities like kayaking, canoeing, and rafting, contributing significantly to the market's growth. The Water Sports segment, within the regional context, has witnessed a surge in demand for specialized dry bags tailored to protect belongings from water exposure during aquatic pursuits. In conclusion, North America's stronghold in the Dry Bags market underscores the region's outdoor lifestyle and the increasing awareness of the necessity for effective waterproof solutions, emphasizing its pivotal role in shaping the global market landscape.
According to Cognitive Market Research, Europe is positioned as a thriving segment with a robust growth trajectory. The region commands a substantial 30% market share, underlining its significance in the global landscape. The market size for dry bags in Europe is anticipated to reach USD XX Billion in 2023. The region's market is characterized by a growing demand driven by outdoor enthusiasts and adventure seekers. Europeans, known for their penchant for outdoor activities, contribute significantly to the rising adoption of dry bags. This trend is further bolstered by the emphasis on sustainable and durable products, aligning with the region's eco-conscious consumer base. The market's regional analysis reflects a dynamic landscape marked by innovation and a diverse product range catering to various water-based activities. In conclusion, Europe stands as a key player in the Dry Bags market, poised for sustained growth and innovation.
According to Cognitive Market Research, Asia Pacific emerges as the fastest-growing region in the Dry Bags market, poised to capture a substantial 23% market share and an estimated market size of USD XX Billion in 2023. The region's rapid ascent is underpinned by a burgeoning middle class, increasing disposable income, and a growing interest in outdoor activities. In particular, water-based sports and adventure tourism have gained immense popularity, driving the demand for reliable dry bags to safeguard belongings. The segmentation analysis underscores the significance of water-related segments, such as kayaking, canoeing, and rafting, contributing significantly to the market's dynamism in the Asia Pacific. In conclusion, the region's robust economic growth, coupled with a rising affinity for outdoor pursuits, positions Asia Pacific as a key player in the global Dry Bags market landscape.
According to Cognitive Market Research, Latin America region plays a notable role in the Dry Bags market, contributing to its vibrancy with a 5% market share and an anticipated market size of USD XX Billion in 2023. Latin America's market size reflects the region's growing interest in outdoor activities and water-based sports. The regional analysis highlights a surge in demand for durable and waterproof bags, driven by an increasingly adventurous consumer base. One segment that particularly thrives in this region is water sports, including kayaking and canoeing, contributing to the overall market growth. In conclusion, Latin America's market presence in the Dry Bags segment showcases steady growth, spurred by a combination of outdoor enthusiasm and a rising demand for high-quality, reliable products in the region's recreational and sports landscape.
According to Cognitive Market Research, Middle East and Africa region contributes to the Dry Bags market with a 2.00% market share, projecting a market size of USD XX Billion in 2023. In this region, the market size reflects a growing interest in outdoor activities, travel, and water-based adventures. The regional analysis indicates a rise in demand for durable and waterproof bags, catering to the preferences of an increasingly active consumer base. One segment that stands out in this region is outdoor travel, as consumers seek reliable and water-resistant bags for their expeditions. In conclusion, the Middle East and Africa region demonstrate a burgeoning market for Dry Bags, driven by a combination of outdoor exploration trends and a rising demand for resilient products in the region's recreational and travel sectors.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Dry Bags Market is witnessing significant growth in the near future.
In 2023, the Women segment accounted for noticeable share of global Dry Bags Market and is projected to experience significant growth in the near future.
The Kayaking segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sea to Summit , SealLine and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Women, Men |
Application | Kayaking, Canoeing, Rafting, Canyoning, Other |
List of Competitors | Sea to Summit, ORTLIEB, SealLine, Watershed, Filson, Mares, MARCHWAY, Earth Pak |
This chapter will help you gain GLOBAL Market Analysis of Dry Bags. Further deep in this chapter, you will be able to review Global Dry Bags Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Dry Bags Market Trends North America Dry Bags Technological Road Map North America Dry Bags Market Drivers North America Dry Bags Market Restraints North America Dry Bags Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Dry Bags market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Women have a significant impact on Dry Bags market? |
What are the key factors affecting the Women and Men of Dry Bags Market? |
What is the CAGR/Growth Rate of Kayaking during the forecast period? |
By type, which segment accounted for largest share of the global Dry Bags Market? |
Which region is expected to dominate the global Dry Bags Market within the forecast period? |
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