Drawstring bag market research
Drawstring bag is popular because of its portable and diversified application scenes. It also upgraded from original simple material and design to multiple materials and fashionable designs. So what is the current market trend for drawstring bag? What has changed? We conducted market research on this.
1 、Google trends
Drawstring bag, we search in English (blue), Russian (red), German (yellow), Spanish (green) and Japanese (purple), as the picture shows, its popularity began to go up slowly since 2014. There are 23 countries in the search heat ranking, and the ranking is Singapore, Philippines, United Kingdom, Malaysia, the United States and Australia, etc. The average monthly search volume is 60500.
4. Social media
Search with drawstring bag on Instgram, there are 141362 related posts. Search with drawstring bag on Instagram, there are 8322 related posts. Most pictures get dozens of or hundreds of likes and dozens of comments.
On Facebook, one page gets 2348 likes at most, one video gets 2260634 views at most, and many other videos have hundreds of to tens thousands of views.
Related topics on Reddit are mainly about buying recommendations, product promotion and hand-made drawstring bags, etc. And comments are mainly between a few to a dozen.
A: Kickstarter: There are 8 crowd-funding projects, and 4 have been successful. The largest amount of crowd-funding is $ 10434, and the crowd-funding aim is $ 1000, with 216 backers. The crowd-funding price is $ 32/each, $ 36/each, $ 40/each, $ 60/two, $92/3 sets, $124/4 sets, and $165/5.
C: Taobao crowd-funding: No related products
D: Jingdong crowd-funding: One successful product, an anti-theft drawstring bag. The target amount is RMB 1000000, and the actual crowd-funding is RMB 161992, with 17301 backers. The price is RMB 138/each, RMB 266/2, RMB 6500/50.
E: Suning crowd-funding: No related products
6. B2C platforms
The single price on Amazon ranges from USD 5 t o USD 15. One product gets 1430 comments at most, and other products mainly have tens of to hundreds of comments.
There are 3368 related products on Walmart, and the single price ranges from USD 4 to USD 10. Most products get a few comments.
There are 20 products on Target, with few comments, and the price ranges from USD 10 to USD 20.
There are multiple styles of this product on Taobao, and the price ranges from RMB 15 to RMB 80. The best-selling one has 2311 buyers, and the price is RMB 15.8.
There are many tweets about the promotion of drawstring bags, but with only a few likes and comments.
On YouTube, the related videos are mainly about DIY drawstring bags. Evaluated videos have 292256 views, 3940 likes and 230 comments at most. Most of other videos have ten thousands of views.
We take great care in analyzing global trends for each product type, collecting ongoing information for each product line both online and offline, in order to provide numerous reference points to professional buyers and sellers globally.
The source of these analyses are from Google Trends analyses, analyses of global mainstream media platforms popularity, main e-commerce provider platforms wholesale and retail price analyses, analyses of the latest market price of similar products on crowd funding as well as their popularity, offline wholesale market price and popularity analyses, as well as gathering together the views of professional evaluation agencies and overseas reviewers.
All the above-mentioned global information and data is scattered around at a global level both online and offline. We take the time and effort to collect and integrate this information into a report. With your busy work schedules, you only need to spend two to three minutes per day to read our “Latest Market Analysis” and then can easily understand the development of the products and the market dynamics.We will continuously make the report to provide reference on each product. Please scan the below OR codes and Like our Wechat and Facebook Page.
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