Leather Luggage market

India Leather Luggage Market

  • 06 October 2024
  • Consumer Goods and Services
  • 205 Pages
  • Report code : PMR-8010478

  • 4.7 (158)

Leather Luggage Market

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India Leather Luggage market size was valued at US$ 687.2 million in 2024 and is projected to reach US$ 956.3 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030. Premium luggage products made from genuine leather, known for their durability, luxury appeal, and long-lasting quality. The Indian Leather Luggage market is showing steady growth, driven by increasing demand for luxury travel goods, rising disposable incomes, and the prestige associated with leather products. Key players include domestic brands like Hidesign and Da Milano, alongside international luxury names such as Louis Vuitton and Tumi. The market benefits from India's growing affluent class and the country's strong leather manufacturing industry. In 2024, leather travel bags and briefcases accounted for 50% of the market, with growth in premium luggage sets. The industry is seeing a trend towards sustainable and ethically sourced leather to address environmental concerns. There's increasing demand for personalized and bespoke leather luggage options. Manufacturers are incorporating advanced security features like RFID blocking and GPS tracking in high-end leather luggage. The market is benefiting from the expansion of luxury retail spaces and the growing popularity of leather goods as gifting options. Challenges include high production costs leading to premium pricing and competition from high-quality synthetic alternatives. As India's luxury market expands and consumers seek status symbols in travel accessories, the Leather Luggage market is expected to see continued growth, particularly in metropolitan areas and among affluent travelers.

Leather Luggage Market contains market size and forecasts of Leather Luggage in India, including the following market information:

•    India Leather Luggage Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    India Leather Luggage Market Sales, 2019-2024, 2024-2030,

•    India Top five Leather Luggage companies in 2023 (%)

Report Includes

Leather Luggage Market presents an overview of India market for Leather Luggage , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Leather Luggage Market focuses on the Leather Luggage sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Leather Luggage market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Leather Luggage Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Leather Luggage Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Synthetic Leather

•    Natural Leather

Segment by Applications

•    Specialist Retailers

•    Hypermarkets

•    E-Commerce

•    Others

Key Companies covered in Leather Luggage Market :

•    VIP Industries Ltd.

•    Samsonite South Asia Pvt. Ltd.

•    Safari Industries (India) Ltd.

•    Wildcraft India Pvt. Ltd.

•    Hidesign

•    Da Milano Leathers Pvt. Ltd.

•    Leather Craft Industries

•    The Leather Boutique

•    Aaron Leather Goods

•    Hyde Out Leather

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Leather Luggage revenues in Indian market, 2019-2024 (Estimated), ($ millions)

•    Key companies Leather Luggage revenues share in Indian market, 2023 (%)

•    Key companies Leather Luggage sales in Indian market, 2019-2024 (Estimated),

•    Key companies Leather Luggage sales share in Indian market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Leather Luggage Market

•    Overview of the regional outlook of the Leather Luggage Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Leather Luggage Market 

•    United States Leather Luggage Market 

•    Japan Leather Luggage Market 

•    Germany Leather Luggage Market 

•    South Korea Leather Luggage Market 

•    Indonesia Leather Luggage Market 

•    Brazil Leather Luggage Market

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