Backpacks are on a steady climb! The market reached a whopping USD 16.3 billion in 2022, and analysts predict it will continue to surge. Get this: They forecast the industry to balloon from USD 17.8 billion in 2023 to a staggering USD 36.2 billion by 2032. That's a compound annual growth rate (CAGR) of a healthy 9.30% – meaning backpacks are becoming an increasingly important part...
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