Bags are a crucially important element of our accessory and utility wardrobes, and when it comes to elevating and adding finishing touches to our looks, almost nothing beats a classy, outfit-coordinated bag. Private label businesses can find the perfect bags and backpacks manufacturer on Private Label Portal.
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One of our Commercial Agents (with expertise in your industry) will contact you and match you
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Why choose the Private Label Portal source your private label bags?
Our network of bags and other fashion accessories manufacturers specialize in providing high-quality, full-service manufacturing. The manufacturers in our network provide everything you need, from design assistance to full production, under one roof to make producing your private label product time-efficient and convenient.
No matter how challenging your designs are, the private label bag manufacturer that we will find for you will assist you in all aspects of production - from design and development to product sourcing, full manufacturing, product management, QA and QC, and final shipping, the Private Label Portal is the perfect place to find a single source for all your production needs.
The current state of the global bags and backpack market (as of late 2021)
The global market for bags and backpacks is seeing a steady upturn, with the revenue in the bags and backpacks segment expected to show an annual growth rate (CAGR 2021-2025) of 8.40%, with the segment heading towards closing the year out at US$170,633m in revenues. The average revenue per user (ARPU) is expected to amount to US$125.75 by end of 2021 and China is set to be the largest market for bags and backpacks, with US$86,135m in revenue generated.
By 2025, the user penetration in the segment is expected to hit 25.2% and the market volume is projected to reach US$235,621m.
Most popular recent trends in bags and backpacks
Being and or at least outwardly seeming ‘natural’ has been and remains in fashion. That’s why bags with bamboo handles, woven, and rope trendy handbags are really having a moment, with designers like Oscar de la Renta, Kate Spade, Missoni, Michael Kors, JW Anderson, among others, all putting their own spin on these handbag types. Designer totes and other shopping-centric bags are also seeing a surge in popularity, and designer brands like 3.1 Phillip Lim, Louis Vuitton, Prabal Gurung, and countless others have all jumped on the bandwagon.