Indian Luggage Market: Trends & Opportunities (2015-2019)

"The Report Indian Luggage Market: Trends & Opportunities (2015-2019) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Indian Luggage Market

Scope of the report

The report titled “Indian Luggage market: Trends and Opportunities (2015-2019)” provides an insight into the luggage market in India with focus on present market size and growth expected in the near future. The report assesses the Indian luggage Industry over the years with detailed analysis. This 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.

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Segments of the market

Travel bag segment
Casual bag segment
Business bag segment

Company coverage

VIP Industries
Samsonite
Safari Industries
Delsey

Executive Summary

The Indian luggage industry 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.

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.

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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. 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. 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 industry.

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Table of Content

1. Executive Summary

2. Introduction: The Indian Luggage Industry
2.1 Overview of the Indian luggage industry
2.2 Classification of the market
2.2.1 Classification by types available
Table 1: Types of luggage available
2.2.2 Classification by purpose
Table 2: Classification of luggage by purpose
2.2.3 Classification on the basis of material used
Table 3: Classification of luggage on the basis of material used
2.3 Channels of distribution in the Indian Luggage market
2.3.1 Direct channel or the zero level channel
2.3.2. Indirect channels

3. Indian Luggage Market: Market Sizing and Growth
Table 4: Total revenue of the bags and luggage industry in India,
(In US$ Billions), 2009-2014
Table 5: Segmentation of the Indian Bags and Luggage industry, (In %), 2014
3.1 Market sizing of the Indian luggage industry- By value
Table 6: Total revenue of the Indian luggage industry, (In US$ Billions),
2009-2014
Table 7: Forecasted total revenue of Indian luggage industry, (In US$ Billions), 2014
3.2 Market sizing of the Indian Luggage market- By volume
Table 8: Growth rates of the Indian luggage Industry, (In %), 2009-2013
3.3 Market segmentation
3.3.1 Segmentation of the Indian luggage market- By sales channels
Table 9: Segmentation of the Indian Luggage market by sales channels, (In %), 2014
Table 10: Share of VIP and Samsonite in organized segment of Indian Luggage market, (In %), 2009-2013
3.3.2 Segmentation of the Indian luggage industry-By material used
Table 11: Segmentation of Indian luggage market by material used, (In %), 2014
3.3.3 Segmentation of the Indian luggage market-By utility and purpose
Table 12: Segmentation of the Indian luggage* market by utility, (In %), 2014
Table 13: Total Revenue of the Travel Bag Segment, (In US$ Millions),
2009-2014
Table 14: Forecasted Total Revenue of the Travel Bag Segment, (In US$ Billions), 2015-2019
Table 15: Total revenue of the business bag segment, (In US$ Millions),
2009-2014
Table 16: Forecasted total revenue of the business bag segment, (In US$ Millions), 2015-2019
Table 17: Total revenue generated by the casual bag segment, (In US$ Millions), 2009-2014
Table 18: Forecasted total revenue of the casual bag segment, (In US$ Millions), 2015-2019

4. Indian Travelling and Tourism Industry
Table 19: Total revenue generated by the Indian travel and hospitality industry,
(In US$ Billions), 2009-2014
Table 20: Contribution of the Indian travel and hospitality industry to the total GDP, (In US$ Billions), 2009-2014
Table 21: Foreign tourist arrivals in India, (In US$ Millions), 2009-2014

5. Market Dynamics: Indian Luggage Industry
5.1 Growth Drivers: Indian Luggage Industry
5.1.2 Increase in urban population
Table 22: Urban population of India, (In Millions), 2011-2014
5.1.3 Escalation in per-capita income
Table 23: Trends in India’s GNI per capita, (In US$), 2010-2013
5.1.4 Increase in employment rates
Table 24: Unemployment rate in India, (In %), 2010-2014
5.1.5 Increase in number of school going and college going students.
Table 25: Number of college going students, (In Millions), 2009-2012
5.2 Trends: Indian Luggage Industry
5.2.1 Entry of foreign players
5.2.2 Luggage and bags- A status symbol
5.2.3 Shift of preferences towards soft shell luggage.
5.2.4 Political Environment
5.3 Challenges: Indian Luggage Industry
5.3.1 Stiff Competition from New Foreign Players
5.3.2 INR/USD fluctuations
5.3.3 Increased competition from the unorganized sector

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