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School Bags Market to Grow by USD 6.92 Billion from 2024-2028, Driven by Innovations in Materials and Design and AI-Powered Market Evolution – Technavio

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NEW YORK, Nov. 6, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global school bags market  size is estimated to grow by USD 6.92 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.8%  during the forecast period. Innovations in materials and designs of school bags is driving market growth, with a trend towards increased demand for school bags made of environmentally friendly materials. However, rising labor costs and fluctuating raw material prices for school bags poses a challenge.Key market players include ACCO Brands Corp., Bagmiller, Balaji Bag, Brainbees Solutions Pvt. Ltd., Decathlon SA, DELSEY, Dolce and Gabbana S.r.l., Fjallraven Retail USA LLC, Genie Bags India, Khadim India Ltd., Nike Inc., PUMA SE, Rothco, Samsonite International SA, Sanghavi Bag, Sreeleathers, Sumdex inc., VF Corp., VIP Industries Ltd., and Wildcraft India Pvt. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Polyesters, Nylon, Canvas, Leather, and Others), Distribution Channel (Online and Offline), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

ACCO Brands Corp., Bagmiller, Balaji Bag, Brainbees Solutions Pvt. Ltd., Decathlon SA, DELSEY, Dolce and Gabbana S.r.l., Fjallraven Retail USA LLC, Genie Bags India, Khadim India Ltd., Nike Inc., PUMA SE, Rothco, Samsonite International SA, Sanghavi Bag, Sreeleathers, Sumdex inc., VF Corp., VIP Industries Ltd., and Wildcraft India Pvt. Ltd.

 

Key Market Trends Fueling Growth

The global school bags market is witnessing significant growth due to the increasing demand for eco-friendly and organic products. Traditional leather school bags have faced concerns regarding the use of tanning agents and the ecological imbalance caused by animal hunting. In response, there is a growing preference for organic leather products, certified by the USDA and the National Organic Program, which ensures ethical animal treatment and sustainable tanning processes. Kering and other manufacturers are adopting eco-friendly practices, such as using plant-based tanning agents and recycled materials. Targus, a key player, offers recycled polyethylene terephthalate (PET) polyester and PVC-free backpacks. These initiatives are expected to drive market growth during the forecast period. 

The School Bags Market is thriving with trends like 3D printing and ergonomic designs. Ergobag, Backpacks, Laptop Bags, Duffel Bags, Clutch Bags cater to Kids, Teenagers, and Adults. Canvas, Nylon, and Polyester are popular raw materials. Prices range from Low to Medium to High. Government efforts promote eco-friendly materials and manufacturing technologies. RFID protection, USB charging, and tablet pockets are must-haves. School supplies, E-commerce, and online retail stores dominate sales. Lightweight bags, adjustable straps, and pockets are essential features. Unbranded players compete with leather school bags. Consumer spending increases with digital learning tools. Social media influences buying decisions. Manufacturing technologies include animal-friendly alternatives. The School Bags Market is a dynamic and growing industry. 

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Market Challenges

Vendors, such as Dolce and Gabbana S.r.l., source production from factories in Asian countries like China, Indonesia, Bangladesh, and Vietnam due to historically lower labor costs. However, rising labor costs in these countries have increased production expenses, reducing vendors’ profit margins. Additionally, fluctuating raw material prices, particularly for leather, pose operational challenges. Leather’s high production cost results from its regulated manufacturing process. Transportation costs, including taxes, duties, and fuel prices, also impact profitability. Fuel price volatility, especially in OPEC member nations, further pressures vendors to keep end-product prices stable, limiting their ability to increase profits. These factors may hinder the growth of the school bags market during the forecast period.The School Bags Market faces several challenges in today’s business landscape. With the rise of 3D printing, Ergobag’s ergonomic designs, and various bag types like Backpacks, Laptop Bags, Duffel Bags, and Clutch Bags, catering to Kids, Teenagers, and Adults, material choices range from Canvas, Nylon, and Polyester. Pricing segments include Low, Medium, and High price ranges. Government efforts towards RFID protection and e-commerce growth impact the market. Lightweight bags, raw materials, and manufacturing technologies are key trends. USB charging, eco-friendly materials, tablet pockets, and leather school bags are popular features. Animal slaughtering for leather remains a concern. Consumer spending on school supplies is increasing, driven by digital learning tools and social media influence. Adjustable straps, pockets, and unbranded players are other market factors. Online retail stores and offline sales channels coexist.

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Segment Overview 

This school bags market report extensively covers market segmentation by

Product 1.1 Polyesters1.2 Nylon1.3 Canvas1.4 Leather1.5 OthersDistribution Channel2.1 Online2.2 OfflineGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Polyesters –  The school bag market is a significant sector with consistent demand. Parents and students prioritize functional and durable bags for daily use. Brands focus on offering diverse designs, sizes, and materials to cater to various needs. Competition is fierce, with several established players and new entrants. Market trends include eco-friendly bags and those with built-in compartments for laptops and water bottles. Sales remain stable due to the annual back-to-school season and continuous student enrollment.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The School Bags Market is witnessing significant growth due to the increasing student enrollment ratio and the shift towards e-learning. Manufacturing technologies are evolving to incorporate features such as USB charging ports, making school bags more functional. Eco-friendly materials like recycled polyesters are gaining popularity to reduce the environmental impact. Tablet pockets and messenger bags are in demand for students carrying digital devices. Leather school bags continue to be preferred for their durability and style. Online retail stores dominate the sales channel, offering convenience and a wide range of options. Government efforts to promote education and e-commerce platforms have further fueled market growth. Lightweight bags with RFID protection are also gaining traction to ensure the safety of students’ belongings. School supplies like pencils, notebooks, and erasers are still essential, but the focus is shifting towards high-tech school bags that cater to the modern student’s needs.

Market Research Overview

The School Bags Market is witnessing significant growth due to the increasing demand for functional and stylish bags among kids, teenagers, and adults. Manufacturing technologies such as 3D printing are being adopted to produce customized and lightweight bags. Eco-friendly materials like canvas, Nylon, and Polyester are gaining popularity as consumers are becoming more conscious of their environmental impact. USB charging ports and pockets for tablets are becoming essential features in modern school bags, catering to the needs of digital learners. Adjustable straps and ergonomic designs ensure comfort for long hours of use. Social media and online retail stores are driving sales, with unbranded players offering low-price options. Government efforts towards promoting education and e-commerce platforms are also contributing to the market’s growth. Backpacks, laptop bags, duffel bags, and clutch bags are popular choices for students, while leather bags continue to be a preferred option for adults. Consumer spending on school supplies remains strong, with pockets, raw materials, and RFID protection being key considerations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductPolyestersNylonCanvasLeatherOthersDistribution ChannelOnlineOfflineGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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MyDataRemoval Proven More Effective Than Competing Data Removal Services [updated links]

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November 23, 2024

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Internal and external reports show MyDataRemoval to be the most effective personal data removal service. MyDataRemoval has achieved over 70% data removal within the first week and 90% within four months, outperforming industry competitors who average 26% in the first week and 35% within four months.

LAS VEGAS, Nov. 23, 2024 /PRNewswire-PRWeb/ — Recent findings from a consumer advocacy group have raised concerns about the effectiveness of people-search site removal services, revealing high rates of ineffectiveness among tested companies. Notably, MyDataRemoval was not included in this study. In response, MyDataRemoval conducted an internal audit [updated link] to evaluate its standing relative to the competition, revealing that it was already leading the industry. Building on this success, MyDataRemoval has since enhanced its methodologies and technologies for data removal. As a result, MyDataRemoval is now reaching a 90% removal rate within four months and exceeding a 70% removal rate within the first week—results that place it well above the competition.

MyDataRemoval will remove your data from people search sites more effectively than anyone else out there.

Over 70% of personal data removed within the first week: MyDataRemoval successfully removed over 70% of personal data from people-search websites within just one week, outperforming all other services tested by Consumer Reports.Effectiveness over time: MyDataRemoval maintained superior performance compared to other data removal services, with 80% of data removed within one month and 90% within four months.Competitor Comparison in one week: The average effectiveness for the first week across competing services was 30%, whereas MyDataRemoval removed over 70%, demonstrating a clear advantage.Competitor Comparison at four months: Competing services demonstrated significantly lower data removal rates, with some services removing only 27% of personal data within four months.

MyDataRemoval’s internal audits have demonstrated that the service is not only more effective in the initial stages of data removal but also continues to outperform over time. Its proprietary methods, commitment to ongoing audits, and dedication to continuous improvement ensure that it remains a leader in data removal.

MyDataRemoval acknowledges that while current effectiveness rates are industry-leading, there is still room for growth. The goal is to achieve over 90% removal rates across all categories and time frames. MyDataRemoval is committed to conducting monthly audits and making these results publicly available to ensure transparency and continuous improvement. You can see the most recent audit results here [updated link].

Privacy is more important than ever, and MyDataRemoval is here to help individuals reclaim theirs. Do not settle for ineffective data removal—trust the service that has been proven to deliver results. Find MyDataRemoval at www.mydataremoval.com or contact us at hello@mydataremoval.com or call (855) 700-2914 to start your journey towards a more private online presence.

Stay tuned for our monthly audit updates to see how we are continuously improving to make your personal information private once again.

Audit date: 8/9/2024

Profiles removed within 1 week: 85%Profiles removed within 1 month: 71%Profiles removed within 4 months: 73%

Audit date: 9/9/2024

Profiles removed within 1 week: 85%Profiles removed within 1 month: 78%Profiles removed within 4 months: 92%

Audit date: 10/9/2024

Profiles removed within 1 week: 59%Profiles removed within 1 month: 81%Profiles removed within 4 months: 90%

Audit date: 11/9/2024

Profiles removed within 1 week: 77%Profiles removed within 1 month: 81%Profiles removed within 4 months: 90%

Media Contact

James Wilson, MyDataRemoval, 1 8557002194, hello@mydataremoval.com, https://www.mydataremoval.com

View original content:https://www.prweb.com/releases/mydataremoval-proven-more-effective-than-competing-data-removal-services-updated-links-302313853.html

SOURCE MyDataRemoval

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AABE, FPL and Partners Hosted the Blacks in Energy Event and Generator Build Competition at Palm Beach Lakes Community High School

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November 23, 2024

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Black Energy Awareness Month event in West Palm Beach.

WEST PALM BEACH, Fla., Nov. 23, 2024 /PRNewswire-PRWeb/ — In recognition of Black Energy Awareness Month, members of the American Association of Blacks in Energy (AABE), Florida Chapter, partnered with Florida Power & Light Company (FPL), and others, to host and conduct a Generator Build Competition at Palm Beach Lakes Community High School in West Palm Beach, Florida.

“It is such a joy and delight to witness the determination of these young and ambitious students who are focused-driven and eager to excel,” says Whitney Walker, Lead Community Relations Specialist with Next Era Energy/FPL.

During the event, high school students were provided with an overview of the energy industry and introduced to the field of engineering. The students met with and heard from engineers and senior managers in the industry, and took part in the generator build competition, where they learned the basics of generator theory and how electric voltage is created. Each member of the competition’s winning team received a $50 gift card.

“It is such a joy and delight to witness the determination of these young and ambitious students who are focused-driven and eager to excel,” says Whitney Walker, Lead Community Relations Specialist with Next Era Energy/FPL.

Other empowering speakers included: Dr. Michelle Saunders, Lead Project Manager – Distribution, Next Era Energy/FPL; Norman Riemer, SECME District Coordinator – Palm Beach County School District; Dion Watson, Director – Next Era Energy Resource Development – Next Era Energy/FPL; Oleg Andric, Department Chair & Professor, Electric Power Technology – Palm Beach State College, and Jasmine Govan, Community Relations Specialist, Next Era Energy/FPL.

This event was made possible by the generous support and involvement of the American Association of Blacks in Energy (AABE) – Florida Chapter, Florida Power & Light Company, NextEra Energy, Inc., the University of Florida – SECME of Palm Beach County School District, Palm Beach State College and Palm Beach Lakes Community High School.

About AABE

Established in 1977, the American Association of Blacks in Energy (AABE) is an association founded and dedicated to ensuring the input of African Americans and other minorities into the discussions and developments of energy policies regulations. The national membership includes more than 1,600 professionals representing every sector of the energy industry. There are 40 chapters located in states, metropolitan areas and college campuses around the country. AABE utilizes the expertise of their members to analyze energy policy and serve as a resource for community leaders, consumers, policymakers and regulators on the impact that these policies have on underrepresented communities.

The members of AABE are committed to building the pipeline of African Americans in leadership positions in the energy industry. Through scholarship programs, students who plan to major in science, mathematics, engineering and technology have the opportunity to receive scholarships on the local, regional and national level. The AABE members have the opportunity for professional development at chapter meetings, regional and national conferences. For more information about the association, visit www.aabe.org.

Media Contact

Bernadette Morris, Sonshine Communications, 1 3059488063 201, bmorris@sonshine.com

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Siemon Introduces Bundled Fiber Trunks for Faster, More Efficient Network Deployments

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November 23, 2024

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The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

WATERTOWN, Conn., Nov. 23, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

Siemon Bundled Fiber Trunks are a game-changer for network installations. By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.

Siemon Bundled Fiber Trunks combine high-performance fiber cables into a single, easy-to-manage bundle, optimizing pathway fill and significantly accelerating installation. With up to a 50% faster deployment rate, this innovative solution helps businesses and organizations reduce project costs and time-to-market.

“Siemon Bundled Fiber Trunks are a game-changer for network installations,” said Tony Walker, Siemon Fiber Product Marketing Manager. “By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.”

Key features of Siemon Bundled Fiber Trunks include:

Streamlined installation: Reduced pathway fill and faster deploymentExceptional performance: Equivalent to single-jacket fiberDurability: Robust construction for reliable performanceVersatility: Available in a wide range of configurations

For more information about Siemon Bundled Fiber Trunks and other Siemon products, please visit www.siemon.com.

About Siemon

Established in 1903, Siemon is an industry leader specializing in the design and manufacture of high-quality, high-performance IT infrastructure solutions and services for Data Centers, LANs, and Intelligent Buildings. Headquartered in Connecticut, USA, with global sales, technical, and logistics expertise spanning 150 countries, Siemon offers the most comprehensive suites of copper and optical fiber cabling systems, racks, cable management, and Intelligent Infrastructure Management solutions. With more than 400 patents specific to structured cabling, Siemon Labs invests heavily in R&D and the development of Industry Standards, underlining the company’s long-standing commitment to its customers and the industry. Through an ongoing commitment to waste and energy reduction, Siemon’s environmental sustainability benchmarks are unparalleled in the industry.

Contact Information

Brian Baum

brian_baum@siemon.com

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

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