India Luggage and Bags Market Size, Insights, Growth Rate, Trends Analysis and Forecast To 2030

 

MarkNtel Advisors Releases Comprehensive Study on the India Luggage and Bags Market, Forecasting Strong Growth from 2024 to 2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “India Luggage and Bags Market Analysis, 2024–2030.”
This report provides a detailed assessment of the India Luggage and Bags Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: (Discover the market potential, platform-specific insights, and key industry trends.) https://www.marknteladvisors.com/query/request-sample/india-luggage-and-bags-market.html

India Luggage and Bags Market Timeline Overview

-Historical Years: 2019-22

-Base Years: 2023

-Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

India Luggage and Bags Market Outlook

According to the report, The India Luggage and Bags Market size is estimated to grow at a CAGR of around 14.4% during the forecast period, i.e., 2024-30. The luggage and bags industry in India demonstrates robust growth prospects fueled by several factors. One of the key factors includes the growth in domestic and international tourism and government initiatives.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

India Luggage and Bags Market Drivers:

Expansion of MICE Events to Catalyze the Market Expansion – During the past few decades, India has experienced robust economic growth and corporate sector expansion due to conducive government support and a business-friendly environment. The growth of business establishments across the different parts of the country has substantially increased Meetings, Incentives, Conferences, and Exhibitions (MICE) activities in the country. Due to this, the frequency of travel across the country is surging, subsequently raising the demand for bags and luggage. Moreover, this is also influencing consumer preference towards premium, functional, and innovative luggage solutions.

India Luggage and Bags Market Trends:

Smart &Tech-Enabled Luggage & Bags Gaining Traction – In India, the population of tech-savvy customers is increasing, especially among the middle and upper-middle classes. Owing to this, companies like Safari, VIP, Samsonite, etc., are launching bags with features such as GPS tracking, USB charging ports, etc. Moreover, 2019-2023 companies like Airwheel SE3S, Arista Vault, etc., have introduced electric motorized luggage carriers. Owing to this, there would be a wider adoption of smart, technology-integrated travel accessories, which is anticipated to further increase the introduction of smart bags from other companies as well.

View Full Report (All Data, In One Place): (Explore in-depth analyses, technological trends, and investment patterns.) https://www.marknteladvisors.com/research-library/india-luggage-and-bags-market.html

India Luggage and Bags Market Segmentation

The study categorizes the India Luggage and Bags Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Product Type

• Bags
• Cross Body Bags
• Bags and Backpacks
• Business Bags
• Duffle Bags
• Clutches
• Others (Tote Bags, Wallet and Coin Pouches, Other Small Bags, etc.)
• Luggage
• Soft Luggage
• Hard Luggage
• Wheeled Luggage
• Non-Wheeled Luggage

By Price Category

• Luxury
• Mass/Economy
• Premium

By Application

• Travel
• Business

By Distribution Channel

• Offline
• Dealers & Distributors
• Retail Stores
• Online

Geographical Analysis

• North
• South
• West
• East
• North-East

The report presents detailed insights into the India Luggage and Bags Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

Talk to Our Industry Analyst: Get personalized insights into company strategies and regional market dynamics.) https://www.marknteladvisors.com/query/talk-to-our-consultant/india-luggage-and-bags-market.html

Leading Companies in India Luggage and Bags Market Worldwide: Players, Analysis & Future Outlook

Safari Industry India Ltd, VIP Industries Ltd., Delsey India Pvt Ltd., Wildcraft India Pvt Ltd., Mufubu, Samsonite IP Holdings S.a.r.l., Suntop, Harrison Bags, Nath Brothers Exim International Ltd, Titan Co Ltd., Skybags, Texon Bags, LVMH Watch & Jewellery India Pvt Ltd., and others (Nekton India, Sanghavi Bags, etc.) are the top companies in the India Luggage and Bags Market.

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/india-luggage-and-bags-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the India Luggage and Bags Market?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the India Luggage and Bags Market?
   4. Who are the prominent players in the India Luggage and Bags Market?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About us:

MarkNtel Advisors is a trusted global market research and consulting company providing intelligence across the fast-moving consumer goods (FMCG) landscape, covering consumer goods, food & beverage, personal care, and retail sectors. We analyze market trends, consumer behaviors, and innovation patterns to guide brands in optimizing product portfolios and retail strategies. Our Custom Market Analysis delivers business-specific insights that empower companies to expand market presence, enhance consumer engagement, and achieve profitable growth in competitive FMCG environments.        

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