India Luggage and Bags Market revenue has grown close to INR 20 Th Crores in 2019- Which factors will make the industry more lucrative in future? : Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Organized players have increased innovations and continue to launch new variants. They offer lifetime warranties on several products, says a report by Ken Research 1. How GST has changed the landscape of Luggage Manufacturers in India? Click to Read Full Article: India Luggage and Bags Market Implementation of GST has boosted organized sales of major players. The impact of GST was majorly seen towards the mass / economy segment where Safari Industries has a major presence. The government was responsive by abolishing three quarters of the items and as of today, luggage and bags are subjected to 18% GST rate under consumer durables category. Volatile sales pattern was observed in the initial months, followed by approximately 30-40% increase in terms of sales revenue post GST implementation. GST has also brought changes in the logistics, billing and need for a centralized warehouse for bulk storage of stock therefore, reducing overhead costs for corporate in the long run. Impact of GST on various Luxury Goods in India 2. India Luggage Market Segmentation by type of wheel and non-wheel-based luggage, 2019. To learn more about this report Download a Free Sample Report It has been observed that luggage bags with wheels contributed a massive share of 81.6% in the luggage market of India during 2019 as compared to non-wheeled luggage which accounted for 18.4% share. This has been largely due to rise in preference for luggage with wheels which enable easy movement of bags from one place to another. Wheeled luggage bags are preferred by multiple travelers because of its high durability, flexibility, convenience, and functionality. On the other hand, the contribution of non-wheel luggage bags has declined over the years. 3. Gauging the impact of travel and tourism in India on luggage and bags industry Visit this Link: – Request for custom report It was observed that total number of tourists who visited domestically in all states/UTs of India was evaluated at 1,000 Mn during the year 2013 which expanded to 1,800 Mn in 2018 and is expected to increase in the near future which will tend to enhance the demand for luggage bags among the masses, therefore leading to the overall growth of the luggage market in the country. Surge in the total number of events and global business meetings have been driving corporate tourism in the country therefore, encouraging Corporate to continuously explore around and spend big over business travel. In addition to that, massive change in the visa policies and increasing availability of direct flights are bridging the gap between countries. Apart from that, the country’s outbound MICE tourism has been growing and is further expected to reach USD 9 Bn by 2025. 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