Global Waterproof Bag Market Projected To Register A CAGR Of 3.1% From 2016 To 2020

1. Global Global Waterproof Waterproof Bag Bag Market Market Projected 3.1% 3.1% From From 2016 Projected To 2016 To To 2020 To Register Register A A CAGR 2020 CAGR Of Of Date: 2017-01-17 According to the survey, the global waterproof bag market is projected to register a CAGR of 3.1% during the forecast period from 2016 to 2020. This is due to a growing number of water sports and outdoor travel to promote the rapid development of the waterproof bag market. In terms of geographies, North America occupies the largest market share of the global waterproof bag market nowadays, this is due to the rapid development of the electronics industry in the region, followed by Europe. Asia Pacific is expected to expand at a highest growth rate in the next ten years. In order to protect electronic equipment and gadgets from water, sand and other potential hazards, then there is a need of a waterproof bag. Waterproof bag is made up of synthetic and natural fabrics which are coated or laminated with waterproofing materials such as silicone elastomer, rubber, polyurethane, polyvinylchloride and wax. According to waterproof principle, there are different types of waterproof bags on the market at present such as DryCase Tablet and TrendyDigital Waterproof Case. There is a vacuum seal which pumps out from the air once it has been sealed in these bags, in order to avoid the water and sand into the device. Waterproof bag market has been expanding over the past ten years with a significant growth rate. Waterproof bag is widely used in marine, hiking, defense and electronics industries. They are mostly used by travellers to protect their mobiles and cameras from sand and water etc.. Global Waterproof Bag Market Share Analysis, by Applications, 2015

2. Some of the major players in the global waterproof bag market are Jinjiang Jiaxing Company, Sealock Outdoor Gear Co. Ltd, Shenzhen Socoole Technology Co. Ltd, 4U Sporting Goods Co., Ltd, Maysky Bags Co. Ltd, Guangzhou JQX Industrial Co., Limited, Huian Mingzhou Light Industry Bags Co., Ltd, Quanzhou Hoosam Bags Co. Ltd, Yiwu Global Bag Co., Ltd, and Ningbo Clover Textile Co. Ltd.. Read Full Report: http://www.gosreports.com/global-waterproof-bag-industry-2015-market-researc h-report/ The report firstly introduced the Waterproof bag basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. More Published Report: http://www.gosreports.com/global-waterproof-travel-bag-market-research-report-2017/ Joanna | Executive – International Business and partner Relations E-mail: info@gosreports.com | Tel: 1-510-400-8520 Web: www.gosreports.com