Floating Backpack Market Share

On the basis of regional analysis, the floating backpack market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

The market for floating backpack in North America industry is predicted to dominate majority revenue share by 2036, due to increasing number of hikers and day-to-day commuters in the region. which manufacture floating backpacks. Moreover, factors such as increasing number of hikers and day-to-day commuters in the region is further anticipated to raise the demand for floating backpacks and in turn the growth of the market. The market in Asia Pacific and Europe region is predicted to grow at the highest rate during the forecast period as a result of rising number of army trainees and huge demand from solo travellers in the region. The increasing number of military personnel and marine corps in this region, especially in countries such as China, Russia and India further raise the demand for floating backpack.