Product Code: IRTNTR31871
About this market
Technavio's lunch bag market analysis considers sales from both offline and online market. Our analysis also considers the sales of lunch bags in APAC, Europe, North America, South America, and MEA. In 2018, the offline market segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as convenience and wide brand variety will play a significant role in the offline segment to maintain its market position. Also, our lunch bags market report looks at factors such as growing preference for home-cooked meals, increasing emphasis on home-cooked meals for students, and rising working women population. However, uncertainties in the rising labor cost and fluctuating raw material prices, the presence of counterfeit products, and high demand for convenience foods may hamper the growth of the lunch bags industry over the forecast period.
Overview
Growing preference for home-cooked meals
Health-conscious consumers prefer home-cooked meals over food bought from outlets. Home-cooked meals have high nutritional value and are fresh and hygienic. The chances of contamination are less and are more economical than the food purchased outside. This demand for home-cooked meals will lead to the expansion of the global lunch bags market at a CAGR of over 11% during the forecast period.
Increased adoption of an omnichannel strategy
The omnichannel strategy aims to integrate consumers' shopping experiences across multiple channels, including stores, PCs, and mobile devices seamlessly. This is leading the vendors to embrace the omnichannel strategy to appeal to the tech-savvy population. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global lunch bags market during the forecast period 2019-2023, view our report.
Competitive Landscape
With the presence of several major players, the global lunch bags market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lunch bags manufacturers, that include DELSEY, Fit & Fresh Inc., Lifetime Brands Inc., Newell Brands Inc., VF Corp.
Also, the lunch bags market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Market segmentation by distribution channel
- Comparison by distribution channel
- Offline - Market size and forecast 2018-2023
- Online - Market size and forecast 2018-2023
- Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Product advancements leading to product premiumization
- Increased adoption of omni-channel strategy
- Rise in number of private label brands and smaller manufacturers
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- DELSEY
- Fit & Fresh, Inc.
- Lifetime Brands Inc.
- Newell Brands, Inc.
- VF Corp.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
List of Exhibits
- Exhibit 01: Key offerings
- Exhibit 02: Global textile, apparel, and luxury goods market
- Exhibit 03: Segments of global textile, apparel, and luxury goods market
- Exhibit 04: Market characteristics
- Exhibit 05: Market segments
- Exhibit 06: Market definition - Inclusions and exclusions checklist
- Exhibit 07: Market size 2018
- Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
- Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
- Exhibit 10: Five forces analysis 2018
- Exhibit 11: Five forces analysis 2023
- Exhibit 12: Bargaining power of buyers
- Exhibit 13: Bargaining power of suppliers
- Exhibit 14: Threat of new entrants
- Exhibit 15: Threat of substitutes
- Exhibit 16: Threat of rivalry
- Exhibit 17: Market condition - Five forces 2018
- Exhibit 18: Distribution channel - Market share 2018-2023 (%)
- Exhibit 19: Comparison by distribution channel
- Exhibit 20: Offline - Market size and forecast 2018-2023 ($ millions)
- Exhibit 21: Offline - Year-over-year growth 2019-2023 (%)
- Exhibit 22: Online - Market size and forecast 2018-2023 ($ millions)
- Exhibit 23: Online - Year-over-year growth 2019-2023 (%)
- Exhibit 24: Market opportunity by distribution channel
- Exhibit 25: Customer landscape
- Exhibit 26: Market share by geography 2018-2023 (%)
- Exhibit 27: Geographic comparison
- Exhibit 28: APAC - Market size and forecast 2018-2023 ($ millions)
- Exhibit 29: APAC - Year-over-year growth 2019-2023 (%)
- Exhibit 30: Europe - Market size and forecast 2018-2023 ($ millions)
- Exhibit 31: Europe - Year-over-year growth 2019-2023 (%)
- Exhibit 32: North America - Market size and forecast 2018-2023 ($ millions)
- Exhibit 33: North America - Year-over-year growth 2019-2023 (%)
- Exhibit 34: South America - Market size and forecast 2018-2023 ($ millions)
- Exhibit 35: South America - Year-over-year growth 2019-2023 (%)
- Exhibit 36: MEA - Market size and forecast 2018-2023 ($ millions)
- Exhibit 37: MEA - Year-over-year growth 2019-2023 (%)
- Exhibit 38: Key leading countries
- Exhibit 39: Market opportunity
- Exhibit 40: Employment in services, female (% of female employment) 2013-2018
- Exhibit 41: Impact of drivers and challenges
- Exhibit 42: Vendor landscape
- Exhibit 43: Landscape disruption
- Exhibit 44: Vendors covered
- Exhibit 45: Vendor classification
- Exhibit 46: Market positioning of vendors
- Exhibit 47: DELSEY - Vendor overview
- Exhibit 48: DELSEY - Product segments
- Exhibit 49: DELSEY - Key offerings
- Exhibit 50: Fit & Fresh Inc. - Vendor overview
- Exhibit 51: Fit & Fresh Inc. - Business segments
- Exhibit 52: Fit & Fresh Inc. - Key offerings
- Exhibit 53: Lifetime Brands Inc. - Vendor overview
- Exhibit 54: Lifetime Brands Inc. - Business segments
- Exhibit 55: Lifetime Brands Inc. - Organizational developments
- Exhibit 56: Lifetime Brands Inc. - Geographic focus
- Exhibit 57: Lifetime Brands Inc. - Segment focus
- Exhibit 58: Lifetime Brands Inc. - Key offerings
- Exhibit 59: Newell Brands Inc. - Vendor overview
- Exhibit 60: Newell Brands Inc. - Business segments
- Exhibit 61: Newell Brands Inc. - Organizational developments
- Exhibit 62: Newell Brands Inc. - Geographic focus
- Exhibit 63: Newell Brands Inc. - Segment focus
- Exhibit 64: Newell Brands Inc. - Key offerings
- Exhibit 65: VF Corp. - Vendor overview
- Exhibit 66: VF Corp. - Business segments
- Exhibit 67: VF Corp. - Organizational developments
- Exhibit 68: VF Corp. - Geographic focus
- Exhibit 69: VF Corp. - Segment focus
- Exhibit 70: VF Corp. - Key offerings
- Exhibit 71: Validation techniques employed for market sizing
- Exhibit 72: Definition of market positioning of vendors
