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Country Report

Bags and Luggage in

Bags and Luggage in India

15 pages, Jul 2018

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Shift to branded products following Goods and Services Tax benefits bags and luggage

Bags and luggage is projected to witness a paradigm shift, with an increasing number of consumers demanding branded bags and luggage due to the implementation of the GST. While bags and luggage is influenced by a large number of regional companies selling unbranded products, the GST is expected to make bags and luggage more organised.

Boost in travel and tourism to increase demand for bags and luggage

The demand for bags and luggage is highly correlated to the growth of travel and tourism in the country. Bags and luggage form a vital part of travelling, and hence, boost in travel will aid the growth in sales of bags and luggage in the country.

Bags continue to dominate due to strong demand for handbags

Bags dominated overall bags and luggage during the review period, supported by the strong performance from backpacks and handbags, where value sales of bags doubled. The demand for backpacks was primarily driven by the increasing number of schoolchildren in addition to rising aspiration levels among the youth for branded backpacks.

COMPETITIVE LANDSCAPE

VIP Industries Ltd retains leadership of bags and luggage due to its extensive product offerings

VIP Industries continued to lead bags and luggage in 2017. With a variety of brands such as Skybags, Vip, Arisocrat, Alpha, Carlton and Caprese, the company has a presence across all product categories, including bags, handbags and luggage.

Samsonite South Asia remains leader of bags due to strong performance of its American Tourister brand

Samsonite South Asia Pvt Ltd continued to lead bags in 2017, supported by the strong growth of its American Tourister brand. This was due to the brand’s increasing product extension, which is now present across duffel bags, business bags and luggage bags in addition to backpacks.

Da Milano India retains leadership of handbags despite strong competition from Titan

Da Milano India continued to lead handbags with low value share in 2017. The company has a versatile range of quality leather products crafted for both men and women.

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Overview

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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.

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Bags and Luggage in India - Category analysis

HEADLINES

PROSPECTS

Shift to branded products following Goods and Services Tax benefits bags and luggage

Boost in travel and tourism to increase demand for bags and luggage

Bags continue to dominate due to strong demand for handbags

COMPETITIVE LANDSCAPE

VIP Industries Ltd retains leadership of bags and luggage due to its extensive product offerings

Samsonite South Asia remains leader of bags due to strong performance of its American Tourister brand

Da Milano India retains leadership of handbags despite strong competition from Titan

CATEGORY DATA

Table 1 Sales of Bags and Luggage by Category: Volume 2013-2018
Table 2 Sales of Bags and Luggage by Category: Value 2013-2018
Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2013-2018
Table 4 Sales of Bags and Luggage by Category: % Value Growth 2013-2018
Table 5 Sales of Luggage by Type: % Value 2013-2018
Table 6 NBO Company Shares of Bags and Luggage: % Value 2013-2017
Table 7 LBN Brand Shares of Bags and Luggage: % Value 2014-2017
Table 8 Distribution of Bags and Luggage by Format: % Value 2013-2018
Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2018-2023
Table 10 Forecast Sales of Bags and Luggage by Category: Value 2018-2023
Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2018-2023
Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2018-2023

Personal Accessories in India - Industry Overview

EXECUTIVE SUMMARY

Improving consumer sentiment drives personal accessories

Technological innovation boosts growth of personal accessories

Personal accessories remains fragmented

Jewellery and watch specialist retailers remains dominant channel

Jewellery to drive sales of personal accessories over the forecast period

MARKET DATA

Table 13 Sales of Personal Accessories by Category: Volume 2013-2018
Table 14 Sales of Personal Accessories by Category: Value 2013-2018
Table 15 Sales of Personal Accessories by Category: % Volume Growth 2013-2018
Table 16 Sales of Personal Accessories by Category: % Value Growth 2013-2018
Table 17 NBO Company Shares of Personal Accessories: % Value 2013-2017
Table 18 LBN Brand Shares of Personal Accessories: % Value 2014-2017
Table 19 Distribution of Personal Accessories by Format: % Value 2013-2018
Table 20 Forecast Sales of Personal Accessories by Category: Volume 2018-2023
Table 21 Forecast Sales of Personal Accessories by Category: Value 2018-2023
Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2018-2023
Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2018-2023

Megatrends

Country Report

Bags and Luggage in India

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Executive Summary

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PROSPECTS

Shift to branded products following Goods and Services Tax benefits bags and luggage

Boost in travel and tourism to increase demand for bags and luggage

Bags continue to dominate due to strong demand for handbags

COMPETITIVE LANDSCAPE

VIP Industries Ltd retains leadership of bags and luggage due to its extensive product offerings

Samsonite South Asia remains leader of bags due to strong performance of its American Tourister brand

Da Milano India retains leadership of handbags despite strong competition from Titan

Samples

Overview

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Table of Contents

Bags and Luggage in India - Category analysis

HEADLINES

PROSPECTS

Shift to branded products following Goods and Services Tax benefits bags and luggage

Boost in travel and tourism to increase demand for bags and luggage

Bags continue to dominate due to strong demand for handbags

COMPETITIVE LANDSCAPE

VIP Industries Ltd retains leadership of bags and luggage due to its extensive product offerings

Samsonite South Asia remains leader of bags due to strong performance of its American Tourister brand

Da Milano India retains leadership of handbags despite strong competition from Titan

CATEGORY DATA

Personal Accessories in India - Industry Overview

EXECUTIVE SUMMARY

Improving consumer sentiment drives personal accessories

Technological innovation boosts growth of personal accessories

Personal accessories remains fragmented

Jewellery and watch specialist retailers remains dominant channel

Jewellery to drive sales of personal accessories over the forecast period

MARKET DATA

DEFINITIONS

SOURCES

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