Luggage is an indispensable part of travelling and now it is becoming a status symbol too. Moreover the increase in urban population and increase in per-capita income have led to increased demand for products from the luggage industry.
This research reports on indian luggage market with focus on size, share, value, volume and growth expected in the near future. The luggage market assesses over the years with detailed analysis.
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This luggage market research report presents the segmentation of the market based on sales channels, materials used in production of luggage, value and utility.
The report also discusses key factors driving growth of the industry, major trends and challenges faced by manufacturers of luggage. Further, major producers like VIP Industries, Samsonite, Safari Industries and Delsey are also analyzed in the report.
Segments of the luggage market are Travel bag segment, Casual bag segment and Business bag segment
Company Coverage of Luggage Market: VIP Industries, Samsonite, Safari Industries & Delsey
The Indian luggage market is engaged in the production of luggage bags, bag packs, duffel bags, laptop bags, other business travelling bags and various travel accessories. The luggage that people carry varies according to needs and choices and this variation in needs and requirements makes the consumers to demand luggage in various styles and this provides the reason for the luggage products to be so diverse in terms of utility.
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The luggage market of India is undergoing a lot of innovation and development in the context of increasing the convenience of people. Innovation has led to the coming up of water-proof luggage and “the smart luggage” called pluggage.
Pluggage provides various facilities like charging of phone, weighing scale and inbuilt speaker.
The luggage market can be segmented on the basis of organized and unorganized segment where unorganized sector still occupies majority share of the market. Further segmentation could be done on the basis of make or materials and this segmentation suggests that soft-shell luggage holds the maximum share of the market, mostly because of its easy-fit in small spaces.
The luggage market is mainly driven by the growth in the Indian travel and tourism industry as with more people travelling, the luggage they carry will increase proportionally. The more people earn, the more they spend on recreational activities like travelling.
In addition to this, with the increased number of school going children, the demand for school bags have also increased and it has resulted in increased production in the luggage market.
Key Topics Covered:
- Executive Summary
- Introduction: The Indian Luggage Industry
- Indian Luggage Market: Market Sizing and Growth
- Indian Travelling and Tourism Industry
- Market Dynamics: Indian Luggage Industry
- Competitive Landscape: Indian luggage Industry
- Company Profiles: Indian Luggage Industry
Few Points from List of Tables & Figures Provided in Luggage Market:
Table 1: Revenue generated by various brands under Samsonite, 2014
Table 2: Products Offered by Safari Industries, 2014
Table 3: Companies in the organized sector and their Total revenues, 2014
Figure 1: Types of luggage available
Figure 2: Classification of luggage by purpose
Figure 3: Classification of luggage on the basis of material used
Figure 4: Total revenue of the bags and luggage industry in India, (In US$ Billions), 2009-2014
Figure 5: Segmentation of the Indian Bags and Luggage industry, (In %), 2014
Figure 6: Total revenue of the Indian luggage industry, (In US$ Billions), 2009-2014
Figure 7: Forecasted total revenue of Indian luggage industry, (In US$ Billions), 2014
Figure 8: Growth rates of the Indian luggage Industry, (In %), 2009-2013
Figure 9: Segmentation of the Indian Luggage market by sales channels, (In %), 2014
Figure 10: Share of VIP and Samsonite in organized segment of Indian Luggage market, (In %), 2009-2013
Figure 11: Segmentation of Indian luggage market by material used, (In %), 2014
Figure 12: Segmentation of the Indian luggage* market by utility, (In %), 2014
Figure 13: Total Revenue of the Travel Bag Segment, (In US$ Millions), 2009-2014
Figure 14: Forecasted Total Revenue of the Travel Bag Segment, (In US$ Billions), 2015-2019
Figure 15: Total revenue of the business bag segment, (In US$ Millions), 2009-2014
Figure 16: Forecasted total revenue of the business bag segment, (In US$ Millions), 2015-2019
Figure 17: Total revenue generated by the casual bag segment, (In US$ Millions), 2009-2014
Figure 18: Forecasted total revenue of the casual bag segment, (In US$ Millions), 2015-2019
Figure 19: Total revenue generated by the Indian travel and hospitality industry, (In US$ Billions), 2009-2014
Figure 20: Contribution of the Indian travel and hospitality industry to the total GDP, (In US$ Billions), 2009-2014
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