Technavio has been monitoring the global outdoor backpacks market, operating under the consumer discretionary industry. The latest report on outdoor backpacks market, 2020-2024 estimates it to register an incremental growth of by USD 777.55 million, at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Outdoor Backpacks Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value