Market Report - India Luggage Industry Outlook to 2018

India Luggage Industry Outlook to FY’2018 - Surging Demand for Backpacks and Handbags to Drive Future Growth provides a comprehensive analysis of the market size of the luggage industry in India, market segmentation on the basis of organizational structure (by organized and unorganized segment), price (value, popular and premium segment), utility of bags (travel, casual and business) and regions by revenue. The report also entails the market share and company profiles of major players in the branded segment along with a comparison of organized and unorganized segment on the basis of customer’s profile. An analysis of the future of luggage market in India is provided on the basis of revenue of the market over next five years.

Rise in the personal disposable income, travelling expenditure of the households, development of retailing and specialty stores and growing acceptance of luggage bags as a lifestyle product by the customers have contributed significantly to luggage industry in India. The luggage market is expected to grow at a CAGR of 18.0% from FY’2014-FY’2018 with significant contribution of casual bag segment in the overall luggage market of this country.

The Indian luggage industry has grown at a rapid pace over the years. It has been majorly dominated by unorganized segment contributing ~% in the overall market in FY’2013. VIP and Samsonite are the leaders in the organized market with significant contribution in revenue.

The luggage market has been further categorized into travel, business and casual bags with a contribution of ~% by travel bags in FY’2013 in overall luggage market. The market has been segmented further on the basis of price by value, popular and premium segments with a highest contribution of ~% by popular segment in FY’2013. Travel bags in India consist of trolley bags, suitcases and duffel bags and rolling totes. The luggage industry in India has been dominated by this segment with a contribution of ~% in the overall market...