Travel Sentiment Research and the Expanding Global Backpack Market

The Business Research Company cites Longwoods International’s Travel Sentiment research regarding the backpack retail sector: https://www.openpr.com/news/3839832/backpack-market-sweeping-growth-with-a-5-7-cagr-major-trends

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What Is Driving The Growth In The Backpack Market?
The surge in travel and recreational activities has been a strong driving factor for the growth of the global backpack market. More and more people are participating in refreshing and enjoyable outdoor activities during their leisure time. Additionally, travelers frequently use backpacks to transport their personal belongings on trips, not just for leisure, but also for business purposes, sparking demand for diverse sizes and designs of backpacks. For example, the US Travel Association and Tourism Economics reported in January 2024 that the proportion of people planning to travel in the following six months rose to 93% in January from 92% in December, as indicated by Longwoods International’s monthly survey. Therefore, the escalating travel and recreational activities contribute significantly to the expansion of the backpack market.

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