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Country Report

India Flag Bags and Luggage in India

| Pages: 23

Price: US$990

About this Report

Executive Summary

TRENDS

  • Branded bags and luggage are gaining in popularity around the world but especially in India. The key growth drivers are the increasing numbers of women in the workforce, their rising disposable incomes, increasing fashion-consciousness and aspiration levels, and the growing influx of foreign brands. Also, bags and luggage are becoming status symbols, as they are considered lifestyle products, which accounts for the wider acceptance of high-end luggage. Travel expenditure among households has risen, which also fuels the strong value growth.

COMPETITIVE LANDSCAPE

  • VIP Industries Ltd’s VIP brand continued to be the leader within bags and luggage in India during 2014. The company has been present in the country for a long time and has built a strong brand name in the bags and luggage category.

PROSPECTS

  • Major players, such as VIP Industries Ltd and Samsonite South Asia Pvt Ltd, target rural consumers by opening stores in tier two and tier three cities where most rural consumers shop. Bags and luggage players are expected to put greater emphasis on product innovations, such as the launch of various handbags for women and eco-friendly bags with a lower carbon footprint, which will further boost sales of the category in the country. Furthermore, according to Euromonitor International’s Travel and Tourism data, India is also set to see 24 million outbound tourists by 2019, thereby presenting favourable prospects for the luggage industry in India in the future.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Bags and Luggage industry in India with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Bags and Luggage industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.

The Bags and Luggage in India market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volumes and values, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • How have sales ofBags and Luggage evolved over the past few years in India?
  • What’s the potential of Bags and Luggage sales via the internet?

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our personal goods market research database.

Table of Contents

Bags and Luggage in India - Category Analysis

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

CATEGORY DATA

  • Table 1 Sales of Bags and Luggage by Category: Volume 2010-2015
  • Table 2 Sales of Bags and Luggage by Category: Value 2010-2015
  • Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2010-2015
  • Table 4 Sales of Bags and Luggage by Category: % Value Growth 2010-2015
  • Table 5 Sales of Handbags by Type: % Value 2010-2015
  • Table 6 Sales of Luggage by Type: % Value 2010-2015
  • Table 7 NBO Company Shares of Bags and Luggage: % Value 2010-2014
  • Table 8 LBN Brand Shares of Bags and Luggage: % Value 2011-2014
  • Table 9 Distribution of Bags and Luggage by Format: % Value 2010-2015
  • Table 10 Forecast Sales of Bags and Luggage by Category: Volume 2015-2020
  • Table 11 Forecast Sales of Bags and Luggage by Category: Value 2015-2020
  • Table 12 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2015-2020
  • Table 13 Forecast Sales of Bags and Luggage by Category: % Value Growth 2015-2020

Bags and Luggage in India - Company Profiles

Titan Industries Ltd in Personal Accessories (India)

STRATEGIC DIRECTION

KEY FACTS

  • Summary 1 Titan Industries Ltd: Key Facts
  • Summary 2 Titan Industries Ltd: Operational Indicators

COMPETITIVE POSITIONING

  • Summary 3 Titan Industries Ltd: Competitive Position 2014

VIP Industries Ltd in Personal Accessories (India)

STRATEGIC DIRECTION

KEY FACTS

  • Summary 4 VIP Industries Ltd: Key Facts
  • Summary 5 VIP Industries Ltd: Operational Indicators

COMPETITIVE POSITIONING

  • Summary 6 VIP Industries Ltd: Competitive Position 2014

Personal Accessories in India - Industry Context

EXECUTIVE SUMMARY

Personal accessories maintains its strong performance in India during 2015

Personal accessories market remains fragmented

Titan Industries Ltd continues to lead personal accessories

Jewellery and watch specialist retailers continues to be the dominant channel

Forecast period growth looks promising for personal accessories in India

KEY TRENDS AND DEVELOPMENTS

Fashion brands Titan and Hidesign catering to multiple personal accessories categories remain popular among consumers

Religious-themed real jewellery continues to be popular in India

Most consumers continue to visit jewellery and watch specialist retailers to purchase personal accessories

Improving Indian economy has a directly positive impact on personal accessories

MARKET DATA

  • Table 14 Sales of Personal Accessories by Category: Volume 2010-2015
  • Table 15 Sales of Personal Accessories by Category: Value 2010-2015
  • Table 16 Sales of Personal Accessories by Category: % Volume Growth 2010-2015
  • Table 17 Sales of Personal Accessories by Category: % Value Growth 2010-2015
  • Table 18 NBO Company Shares of Personal Accessories: % Value 2010-2014
  • Table 19 LBN Brand Shares of Personal Accessories: % Value 2011-2014
  • Table 20 Distribution of Personal Accessories by Format: % Value 2010-2015
  • Table 21 Forecast Sales of Personal Accessories by Category: Volume 2015-2020
  • Table 22 Forecast Sales of Personal Accessories by Category: Value 2015-2020
  • Table 23 Forecast Sales of Personal Accessories by Category: % Volume Growth 2015-2020
  • Table 24 Forecast Sales of Personal Accessories by Category: % Value Growth 2015-2020

DEFINITIONS

SOURCES

  • Summary 7 Research Sources

Segmentation

This market research report includes the following:

  • Bags and Luggage
    • Bags
      • Backpacks
      • Business Bags
      • Crossbody Bags
      • Duffel Bags
      • Handbags
      • Wallets and Coin Pouches
      • Other Small Bags
    • Luggage

Statistics Included

For each category and subcategory you will receive the following data in Excel format:

From Passport

  • Market Sizes
  • Company Shares
  • Brand Shares
  • Distribution
  • Analysis by Type
  • Pricing

Market size details:

  • Retail volume
  • Retail volume % growth
  • Retail volume per capita
  • Retail value retail selling price % growth
  • Retail value retail selling price local currency, USD, EUR, GBP, CHF, JPY
  • Retail value retail selling price per capita local currency, USD, EUR, GBP, CHF, JPY

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