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Abstract, Snapshot, Market Analysis & Market Definition: Global Fanny Packs MarketFanny packs are known in the art and widely used in order to carry items when hiking, camping, fishing, hunting, and etc. Also known in the art are portable seating provisions. The usage of a carrying pack along with the desire to carry some sort of portable seating provision is often included in the types of the above mentioned activities. Typically, this requires carrying or wearing separate items, or by wearing a different, more cumbersome item other than a fanny pack, such as a backpack, for example. The fanny pack, also known as a bum bag or waist pack, crossed the line from tourist trope to hypebeast accessory long ago. Now, it’s become a practical option as common as a backpack or a status tote. And there’s a good reason for that: The fanny pack allows to keep hands totally free but still travel light. It looks trendy, but it’s also versatile and useful.The reason why fanny packs are in demand is that they can easily replace a purse while biking, walking. The belted style of fanny packs makes for total ease of wear. Most are just the right size to hold a passport, a wallet, phone, and a pair of headphones, they are a perfect bag for travelling, whether it be abroad, or just around the neighborhood. While a fanny pack, or belt bag, can easily be worn across the waist, some people are styling the bag around their shoulders as a new look. As all kinds of fashion brands are working to create more exciting streetwear looks, there are dozens of fanny pack styles to choose from. Fiorucci is even stamping a fanny pack with their signature angels. They are increasingly being used as a perfect accessory for someone on the go, fanny packs are ideal for walks around the city, summer music festivals, bicycle rides, and a night out. They are incredibly versatile, and come in all kinds of colors and textures—from sporty canvas bags to high fashion like Burberry fanny pack. Rising fanny pack sales helped fuel a major boost in revenue for the fashion accessories market. The fanny pack has officially solidified its spot as a fashion mainstay. Season after season, powerhouse brands present their own takes on the tourist-inspired accessory, which means there is a wide range of options on the market. So whether its a hero bag that can integrated into everyday wardrobe or leaning more toward investing in a classic style to stand the test of time, brands of all sizes are providing some stellar options.
COVID-19 Impact on Fanny Pack:With practically nowhere to go and little to carry, women are trading cumbersome bags for hands-free designer fanny packs, ideal for toting masks, phones, and hand sanitizer. Fanny packs, belt bags, and canteen-style bags are all parts of the trend of fashion moving towards sustainability and investing in ethical environmental practices. Millennials are warming to the fact that sustainability doesn’t just mean using recycled, or vegan, fabrics, it’s also about reducing consumerism. One of the easiest ways to help the environment is to give up single use plastics or whether if it means pre-packing a snack in a fanny pack. There is an active fanny pack patent granted to Robert Casson Donato, JR. for the below Combination Fanny Pack and Sling Seat with Back Support Abstract A multipurpose fanny pack which is wearable around the waist and providing the wearer with storage compartments, while also having the capability to be removed and converted into an adjustable suspended sling-like seat, and with an adjustable backrest capable of comfortably supporting a user in the seated position, and with a multifunctional material capable of providing a user with multiple configurations of additional comfort and protection from weather and insects. In 2020, the market size of Fanny Packs is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2021; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2026, with a CAGR of xx% during forecast period. In this report, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Fanny Packs. This report studies the global market size of Fanny Packs, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India, and Southeast Asia). This study presents the Fanny Packs sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2015 to 2020, and forecast to 2030. For top companies in United States, European Union and China, this report investigates and analyses the production, value, price, market share and growth rate for the top manufacturers, key data from 2015 to 2020
Market Segmentation, Outlook & Viewpoint: World Fanny Packs Market
Segmentation by Product Type: Breakdown of data from the year 2015 to 2020 and forecast until 2030:
1 Report Overview 1.1 Study Scope 1.2 Major Manufacturers Covered in This Report 1.3 Market Segment by Type 1.3.1 Global Fanny Packs Market Size Growth Rate by Type (2019-2025) 1.3.2 Men's Fanny Pack 1.3.3 Lady's Fanny Pack 1.4 1.4.1 Global Fanny Packs Market Share by Application (2019-2025) 1.4.2 Supermarkets/Hypermarkets 1.4.2 Convenience Stores 1.4.2 Independent Retailers 1.4.2 Online Sales 1.4.2 Others 1.5 Study Objectives 1.6 Years Considered2 Global Growth Trends 2 | read more...