India Luggage and Bags Market Size, Trends, Manufacturers, Revenue and Growth Opportunities Till 2032

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India Luggage and Bags Market Size, Trends, Manufacturers, Revenue and Growth Opportunities Till 2032: SPER Market Research



 Published: Jan-2023
 Author: SPER Analyst


India Luggage and Bags Market is projected to be worth USD 24.09 billion by 2032.

In addition to rising travel-related spending for both leisure and business travel, an increase in the number of online portals, the introduction of products with affordable prices, and a shift in consumer preference from unbranded to branded quality products all contributed to the India luggage and bag market's double-digit growth rate over the review period. The emergence of many international rivals has also aided in this. The Indian luggage and bag business saw tremendous growth thanks to strong consumer demand, although many Indian manufacturers' profits were impacted by the falling value of the US dollar. In the near future, factors including new product variations, investments in smart luggage items, online distribution, and other trends will drive the India luggage & bag industry.

The COVID-19 pandemic has forced a substantial section of the world's population to stay at home due to travel restrictions and lockdown, severely impacting the luggage and backpacks industry. Additionally, the majority of potential customers cut back on their purchases of travel accessories, which had a negative effect on the sales revenues of the top bag brands. However, consumer purchasing habits have strengthened as the pandemic situation has gradually improved, and it is projected that the business will once again attain its full potential as the economies of developing countries grow.


The India Luggage and Bags Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 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, Safari, Samsonite International SA, Tommy Hilfiger, VIP Industries Ltd, Wildcraft India Pvt Ltd.

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment – By Market Structure(Organized, Unorganized), By Product Type (Backpacks, Bags, Business Bags, Cross Body Bags, Duffel Bags, Handbags, Wallet and Coin Pouches, Other Small Bags), By Luggage (Soft Luggage, Hard Luggage, Wheeled Luggage, Non-Wheeled Luggage), By Price Category (Luxury, Mass/Economy, Premium), By Distribution Channel (Apparel and Footwear Specialist Retailers, Bags and Luggage Specialist Retailers, Department Stores, Homeshopping, Hypermarkets, Internet Retailing, Other Non-Grocery Specialists, Stationers/Office Supply Stores).


This report also provides the data for key regional segments of East, North, South, West. 

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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