India Luggage Industry Outlook to FY 2018

Surging Demand for Backpacks and Handbags to Drive Future Growth

Region:Asia

Product Code:KR59

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Published On

May 2013

Total pages

104

Table of Content

Market Overview
Scope Of The Report
Product covered
Table Of Content
Research Methodology
FAQs

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About the Report

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The report titled "India Luggage Industry Outlook to FY'2018 - Surging Demand for Backpacks and Handbags to Drive Future Growth" provides a comprehensive analysis of the market size of the luggage industry in India, market segmentation on the basis of organizational structure (by organized and unorganized segment), price (value, popular and premium segment), the utility of bags (travel, casual and business) and regions by revenue. The report also entails the market share and company profiles of major players in the branded segment along with a comparison of organized and unorganized segments on the basis of customer profile. An analysis of the future of the luggage market in India is provided on the basis of the revenue of the market over the next five years.

The rise in the personal disposable income, traveling expenditure of the households, development of retailing and specialty stores and growing acceptance of luggage bags as a lifestyle product by the customers have contributed significantly to the luggage industry in India. The luggage market is expected to grow at a CAGR of 18.0% from FY'2014-FY'2018 with a significant contribution of the casual bag segment in the overall luggage market of this country.

The Indian luggage industry has grown at a rapid pace over the years. It has been majorly dominated by an unorganized segment contributing ~% in the overall market in FY'2013. VIP and Samsonite are the leaders in the organized market with significant contributions in revenue.

The luggage market has been further categorized into travel, business and casual bags with a contribution of ~% by travel bags in FY'2013 in the overall luggage market. The market has been segmented further on the basis of price by value, popular and premium segments with the highest contribution of ~% by popular segment in FY'2013. Travel bags in India consist of trolley bags, suitcases and duffel bags and rolling totes. The luggage industry in India has been dominated by this segment with a contribution of ~% in the overall market revenue in FY'2013. The market for strolleys in India has grown at a massive CAGR of 28.1% from FY'2008-FY'-2013. The revenue recorded for trolley bags was INR ~ million in FY'2013. It has been observed that trolley bags with wheels contributed a massive share of ~% in the stroller bag market in India in FY'2013 as compared to non-wheeled luggage which accounted for ~% share.

The contribution of suitcases in the travel bag market in India has been higher in the past years due to increasing demand for traditional plastic suitcases which were priced lower as compared to the trolley and wheel suitcases. Suitcases contributed ~% in the travel bag market revenue in FY'2008, which has declined to ~% in FY'2013.

The contribution of laptop bags in the business bags market has been significant over the years. It has been observed that in FY'2008, laptop bags accounted for ~% share in the market, which increased to ~% in FY'2013, thereby growing at a CAGR of 24.1% from FY'2008-FY'2013. Briefcases were the third-largest contributor to business bag market revenue in India. The market for this segment has declined over the years. The contribution of briefcases to business bags in FY'2008 was ~% which showcased a declining trend and reduced to ~% in FY'2013.

VIP Industries is the largest contributor in the overall as well as in the organized Indian luggage market with a market share of ~% and ~% in FY'2013 respectively, followed by Samsonite with a contribution of ~% in FY'2013 in the organized segment. Safari is the third-largest player in the organized luggage market, whereas in the unorganized market the leading players are Remington, Legend international, World sports, and others.

Online luggage sales have showcased an increasing trend by growing at a CAGR of 80.2% from FY'2011-FY'2013. It was observed that in FY'2011, the market was valued at INR ~ million and it further soared to INR~ million in the subsequent years, thereby registering a growth of ~% in FY'2012.

KEY TOPICS COVERED IN THE REPORT

- The market size of the Indian luggage Industry, FY'2008-FY'2013

- Market segmentation of Indian luggage industry by organizational type, FY'2008-FY'2013

- Market Segmentation of Indian luggage industry by travel, business, and casual, FY'2008-FY'2013

- Market Segmentation of Travel bag industry by strollers ( wheels and non- wheels) and (hard and soft), duffels & rolling totes and suitcases, FY'2008-FY'2013

- Market Segmentation of Casual bag industry by backpacks, messenger bags, and small handbags, FY'2008-FY'2013.

- Market Segmentation of Business bag industry by laptop bags, overnighters, and briefcases, FY'2008-FY'2013.

- Market Segmentation of Indian luggage industry by Price, FY'2008-FY'2013.

- Market Segmentation of Indian luggage industry by Regions, FY'2008-FY'2013.

- Market Size of Indian Online luggage Industry, FY'2013.

- Market Segmentation of Indian Online luggage industry by Backpacks and Travel Bags, FY'2013.

- Market Share of leading players in the Indian luggage industry, FY'2009-FY'2013

- Market Share of major players in the Indian online luggage industry, FY'2013

- Customers Profile in the unorganized and the organized segment of the market, FY'2013

- Trends and Developments in the Indian luggage industry

- Company profiles of major players in the luggage market of India

- Future outlook and projections on the basis of revenue and by organizational structure, price, and utility in Indian luggage market, FY'2014-FY'2018

Products

laptop bags, overnighters/ laptop bags with trolleys and briefcases, Backpacks, messenger bags and small hand bags, suitcases, strolleys, duffel bags

Companies

VIP, Samsonite, Safari, Sky bags, Alfa, American Tourister, Wildcraft, Nike, Fast Track

1. The Indian Luggage Industry Introduction

2. The Indian Luggage Industry Market Size, FY'2008-FY'2013

3. The Indian Luggage Market Segmentation

3.1. By Organizational Structure, FY'2008-FY'2013

3.1.1. By Unorganized and Organized Segment, FY'2008-FY'2013

3.2. By Price, FY'2008-FY'2013

3.2.1. The Value Segment, FY'2008-FY'2013

3.2.2. The Popular Segment, FY'2008-FY'2013

3.2.3. The Premium Segment, FY'2008-FY'2013

3.3. By Utility, FY'2008-FY'2013

3.3.1. Travel Bags, FY'2008-FY'2013

3.3.1.1. By Strolley Bags, FY'2008-FY'2013

3.3.1.1.1. By Wheels And Non Wheels, FY'2008-FY'2013

3.3.1.1.2. By Hard and Soft Luggage, FY'2008-FY'2013

3.3.1.2. By Duffel Bags And Rolling Totes, FY'2008-2013

3.3.1.3. By Suitcases, FY'2008-FY'2013

3.3.2. Casual Bags, FY'2008-FY'2013

3.3.2.1. By Backpacks, Messenger Bags and Small Hand bags, FY'2008-FY'2013

3.3.3. Business Bags, FY'2008-FY'2013

3.3.3.1. By Laptop Bags, OverNighters and Briefcases, FY'2008-FY'2013

3.4. By Regions, FY'2008-FY'2013

3.4.1. By Cities, FY'2013

4. Indian Online Luggage Market Introduction and Market size, FY'2011-FY'2013

4.1. Indian Online Luggage Market Segmentation, FY'2013

4.1.1. By Backpacks and Travel Bags, FY'2013

4.1.1.1. By Type of Travel Bags and Backpacks, FY'2013

4.2. Market Share of Major Players in the Online Indian Luggage Market, FY'2013

4.3. Indian Online Luggage Market Future Projections, FY'2014-FY'2018

5. The Indian Luggage Industry Porters Model

6. The Indian Luggage Industry Trends and Developments

Development of E-commerce

Innovations in ProductDevelopment

Increase in the Number of domestic tourists visits within India

Rising Consumption Expenditure of Households

Shift in the preferences from hard to soft luggage-

Inclination towards branded luggage

7. The Indian Luggage Industry PEST Analysis

8. Government Regulations in Indian Luggage Industry

9. Customer Profile of Unorganized and Organized Segment of Luggage Market in India

10. The Indian Luggage Industry Future Outlook And Projections, FY'2014-FY'2018

10.1. By Organizational Structure, FY'2014-FY'2018

10.2. By Price, FY'2014-FY'2018

10.3. By Utility, FY'2014-FY'2018

10.4. The Cause And Effect Relationship Between Dependent and Independent Factors Prevailing in Luggage Industry in India

11. Market Share of Major Players in Luggage Industry of India, FY'2009-FY'2013

12. Company Profiles of Major Players in the Indian Luggage Industry

12.1. VIP Industries

12.1.1. Company Overview

12.1.2. Business Strategy

Bringing Innovation in the products

Pricing strategy

Advertising strategy

12.1.3. Financial Performance, FY'2008-FY'2013

12.1.4. Product Portfolio

12.1.5. SWOT Analysis

12.2. Samsonite

12.2.1. Company Overview

12.2.2. Business Strategy

Strengthening product marketing and advertising

Pursuing expansion opportunities in high growth geographic markets

New Product Development

12.2.3. Financial Performance, FY'2009-FY'2013

12.2.4. Product Portfolio

12.2.5. SWOT Analysis

12.3. Safari Industries

12.3.1. Company Overview

12.3.2. Business Strategy

12.3.3. Financial Performance, FY'2008-FY'2013

12.3.4. Products and Pricing

13. Macro Economic Indicators of Indian Luggage Industry, FY'2008-FY'2018

13.1. Population, 2008-2018

13.2. Personal Disposable Income, FY'2008-FY'2018

13.3. Household Final Consumption Expenditure,2008-2018

13.4. Tourist Visits within India, FY'2008-FY'2018

14. Appendix

14.1. Market Definition

14.2. Abbreviations

14.3. Research Methodology

Data Collection Methods

Approach

Variables (Dependent and Independent)

Multi Factor Based Sensitivity Model

Final Conclusion

14.4. Disclaimer

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