India Luggage and Bags Market Insights 2030: Size, Share, Growth, and Trends

Table of Contents

India Luggage and Bags Market Report: 2024-2030

According to MarkNtel Advisors recent report “India Luggage and Bags Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.

Key Highlights of the Report

Market Performance (2019-2030)
Market Outlook (2024-2030)
Market Drivers and Challenges
Competitive Benchmarking

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India Luggage and Bags Market Overview

The India Luggage and Bags Market size is estimated to grow at a CAGR of around 14.4% during the forecast period, i.e., 2024-30. The luggage and bags industry in India demonstrates robust growth prospects fueled by several factors. One of the key factors includes the growth in domestic and international tourism and government initiatives. Other countries that promote tourism have increased the travel of residents abroad and domestically.

India Luggage and Bags Industry Trends

Smart & Tech-Enabled Luggage & Bags Gaining Traction

In India, the population of tech-savvy customers is increasing, especially among the middle and upper-middle classes. Owing to this, companies like Safari, VIP, Samsonite, etc., are launching bags with features such as GPS tracking, USB charging ports, etc. Moreover, 2019-2023 companies like Airwheel SE3S, Arista Vault, etc., have introduced electric motorized luggage carriers. Owing to this, there would be a wider adoption of smart, technology-integrated travel accessories, which is anticipated to further increase the introduction of smart bags from other companies as well.

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India Luggage and Bags Market Segmentation

By Market Structure

Organized- (Market Size & Forecast 2019-2030, (USD Million)
Unorganized- (Market Size & Forecast 2019-2030, (USD Million)

By Product Type

Bags
- Cross Body Bags- (Market Size & Forecast 2019-2030, (USD Million)
- Bags and Backpacks- (Market Size & Forecast 2019-2030, (USD Million)
- Business Bags- (Market Size & Forecast 2019-2030, (USD Million)
- Duffle Bags- (Market Size & Forecast 2019-2030, (USD Million)
- Clutches- (Market Size & Forecast 2019-2030, (USD Million)
- Others (Tote Bags, Wallet and Coin Pouches, Other Small Bags, etc.)- (Market Size & Forecast 2019-2030, (USD Million)
Luggage
- Soft Luggage- (Market Size & Forecast 2019-2030, (USD Million)
- Hard Luggage- (Market Size & Forecast 2019-2030, (USD Million)
- Wheeled Luggage- (Market Size & Forecast 2019-2030, (USD Million)
- Non-Wheeled Luggage- (Market Size & Forecast 2019-2030, (USD Million)

By Price Category

Luxury- (Market Size & Forecast 2019-2030, (USD Million)
Mass/Economy- (Market Size & Forecast 2019-2030, (USD Million)
Premium- (Market Size & Forecast 2019-2030, (USD Million)

By Application

Travel- (Market Size & Forecast 2019-2030, (USD Million)
Business- (Market Size & Forecast 2019-2030, (USD Million)

By Distribution Channel

Offline- (Market Size & Forecast 2019-2030, (USD Million)
- Dealers & Distributors- (Market Size & Forecast 2019-2030, (USD Million)
- Retail Stores- (Market Size & Forecast 2019-2030, (USD Million)
Online- (Market Size & Forecast 2019-2030, (USD Million)

Geographical Insights:

North
South
West
East
North-East

Competitive Landscape

The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the India Luggage and Bags market.

Key Players

> Safari Industry India Ltd.
> VIP Industries Ltd.
> Delsey India Pvt Ltd.
> Wildcraft India Pvt Ltd.
> Mufubu
> Samsonite IP Holdings S.a.r.l.
> Suntop
> Harrison Bags
> Nath Brothers Exim International Ltd.
> Titan Co Ltd.
> Skybags
> Texon Bags
> LVMH Watch & Jewellery India Pvt Ltd
> Others (Nekton India, Sanghavi Bags, etc.)

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Why This Report:

Strategic Insights: These reports aid strategic decision-making for multinational corporations, financial institutions, and governments by providing crucial market insights.
Perspective: With a presence in 80+ countries, the reports offer a comprehensive view of the market landscape, facilitating informed decision-making on both regional and international scales.
Expertise in Niche Industries: The specialized team’s expertise in niche industries and emerging geographies allows for detailed and accurate market analysis, vital for informed decision-making.
Integrated Strategic Parameters: Covering strategic parameters such as Go-to-Market strategies, product development, and trend analysis empowers clients to develop tailored and informed strategies.
Identifying Growth Opportunities: The reports enable clients to identify investment opportunities, emerging market trends, and white spaces, aiding in maximizing returns and gaining a competitive edge.

Other Report:

About US

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