India Luggage and Bags Market Size - By Market Structure, By Product Type, By Luggage, By Price Category, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
India Luggage and Bags Market Size - By Market Structure, By Product Type, By Luggage, By Price Category, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
India Luggage and Bags Market Overview
According to SPER Market Research, the India Luggage and Bags Market is estimated to reach USD 24.09 billion by 2032 with a CAGR of 6.18%. Over the review period, the India luggage and bag market expanded at a double-digit growth rate, which was further aided by rising travel-related spending for both leisure and business travel, an increase in the number of online portals, the introduction of products with reasonable prices, and a shift in consumer preference from unbranded to branded quality products.
Impact of COVID-19 on the India Luggage and Bags Market
The baggage and backpacks sector has been severely impacted because the COVID-19 pandemic has compelled a significant portion of the world's population to stay at home due to travel restrictions and lockdown. Additionally, the majority of prospective buyers restricted their spending on travel accessories, which negatively impacted the sales revenues of the leading brands in the luggage industry.
Scope of the report:
Market size available for the years 2019-2032 Base year considered 2021 Forecast Period 2022-2032
Segments Covered By Market Structure, By Product Type, By Luggage, By Price Category, By Distribution Channel
Regions Covered East, North, South, West
Companies Covered Baggit Ltd, Bagzone Lifestyles Pvt Ltd, Burberry Group Plc, Da Milano India, Hermes International SCA, Hidesign India Pvt Ltd, Kering SA, LVMH Moet Hennessy Louis Vuitton SA,
India Luggage and Bags Market Segmentation:
By Product Type: Based on the Product Type, India Luggage and Bags Market is segmented as; Backpacks, Bags, Business Bags, Cross Body Bags, Duffel Bags, Handbags, Wallet and Coin Pouches, Other Small Bags.
By Distribution Channel: Based on the Distribution Channel, India Luggage and Bags Market is segmented as; Apparel and Footwear Specialist Retailers, Bags and Luggage Specialist Retailers, Department Stores, Home shopping, Hypermarkets, Internet Retailing, Other Non-Grocery Specialists, Stationers/Office Supply Stores.
By Region:In terms of luggage and bag makers, the Western and Northern regions of India were found to have a stronger presence, including the presence of VIP Industries Limited, Samsonite International, Safari Industries, and others.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the India Luggage and Bags Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India Luggage and Bags Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Luggage and Bags Market
7. India Luggage and Bags Market, By Market Structure,2019-2032 (USD Million)
7.1 Organized
7.2 Unorganized
8. India Luggage and Bags Market, By Product Type, 2019-2032 (USD Million)
8.1 Backpacks
8.2 Bags
8.3 Business Bags
8.4 Cross Body Bags
8.5 Duffel Bags
8.6 Handbags
8.7 Wallet and Coin Pouches
8.8 Other Small Bags
9. India Luggage and Bags Market, By Luggage, 2019-2032 (USD Million)
9.1 Soft Luggage
9.2 Hard Luggage
9.3 Wheeled Luggage
9.4 Non-Wheeled Luggage
10. India Luggage and Bags Market, By Price Category, 2019-2032 (USD Million)
10.1 Luxury
10.2 Mass/Economy
10.3 Premium
11. India Luggage and Bags Market, By Distribution Channel, 2019-2032 (USD Million)
11.1 Apparel and Footwear Specialist Retailers
11.2 Bags and Luggage Specialist Retailers
11.3 Department Stores
11.4 Homes hopping
11.5 Hypermarkets
11.6 Internet Retailing
11.7 Other Non-Grocery Specialists
11.8 Stationers/Office Supply Stores
12. India Luggage and Bags Market, By Region, 2019-2032 (USD Million)
12.1 India Luggage and Bags Adhesives Size and Market Share by Region (2019-2025)
12.2 India Luggage and Bags Size and Market Share by Region (2026-2032)