| Product Code: ETC278124 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India leather luggage & goods market import shipments experienced a robust compound annual growth rate of 28.5% from 2020 to 2024. The growth rate between 2023 and 2024 showed a strong uptick of 16.1%, indicating significant expansion and positive momentum in the market trend over the years.
The India leather luggage and goods market is witnessing growth due to the increasing demand for stylish and durable travel accessories in the travel and tourism industry. Leather luggage and goods, including suitcases, duffel bags, and travel accessories, offer elegance, functionality, and longevity for travelers. The market`s growth is driven by factors such as the rise of domestic and international tourism, the demand for premium and personalized travel accessories, and the need for reliable and high-quality luggage solutions. Key players in the market include VIP Industries Ltd., Safari Industries (India) Ltd., Samsonite South Asia Pvt. Ltd., and Delsey India Pvt. Ltd. These companies are leading manufacturers and suppliers of leather luggage and goods, providing a wide range of products for diverse travel needs in India.
The India leather luggage and goods market is influenced by several drivers. Firstly, leather luggage and goods are known for their durability, elegance, and premium quality, making them popular among travelers and consumers. The growth of the travel and tourism industry in India drives the demand for leather luggage and goods. Secondly, the preference for high-quality and stylish luggage and accessories for travel and lifestyle applications contributes to the market`s expansion. Additionally, the influence of luxury and premium branding in the luggage and accessories market creates opportunities for leather luggage and goods sales in India.
The Leather Luggage/Goods market in India faces challenges from the rising popularity of lightweight and durable synthetic materials used in luggage and other goods.
The India leather luggage goods market faced substantial challenges amid the Covid-19 pandemic. Before the outbreak, the market was witnessing steady growth, fueled by an increase in travel and tourism, as well as rising disposable income among the middle-class population. However, the pandemic brought travel restrictions, flight cancellations, and a decline in tourism, severely impacting the luggage industry. Both domestic and international travel came to a standstill, leading to a sharp drop in the demand for leather luggage goods. Additionally, disruptions in manufacturing and supply chain operations further exacerbated the market`s woes. While the market is expected to revive with the resumption of travel activities, the overall impact of the pandemic on the leather luggage goods market has been significant and far-reaching.
The India leather luggage and goods market is catered to by various key players in the travel and fashion industry. Some notable companies in this sector include Safari Industries (India) Ltd., VIP Industries Limited, American Tourister (Samsonite South Asia Pvt. Ltd.), and Aristocrat (V.I.P. Industries Limited). These companies offer a wide range of leather luggage and travel goods known for their durability, design, and functionality. Their focus on product innovation, material quality, and user convenience has positioned them as leading suppliers in the leather luggage and goods market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Leather Luggage & Goods Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Leather Luggage & Goods Market Revenues & Volume, 2021 & 2031F |
3.3 India Leather Luggage & Goods Market - Industry Life Cycle |
3.4 India Leather Luggage & Goods Market - Porter's Five Forces |
3.5 India Leather Luggage & Goods Market Revenues & Volume Share, By Online stores, 2021 & 2031F |
3.6 India Leather Luggage & Goods Market Revenues & Volume Share, By Men, 2021 & 2031F |
3.7 India Leather Luggage & Goods Market Revenues & Volume Share, By Travel bags, 2021 & 2031F |
4 India Leather Luggage & Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the Indian population leading to higher spending on luxury goods like leather luggage and goods. |
4.2.2 Growing tourism industry in India boosting the demand for high-quality luggage products. |
4.2.3 Rising e-commerce penetration in India providing a platform for easy access to a wider range of leather goods. |
4.2.4 Changing consumer preferences towards premium and durable products, driving the demand for leather luggage and goods. |
4.2.5 Government initiatives promoting the growth of the leather industry in India. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production for leather luggage and goods manufacturers. |
4.3.2 Competition from alternative materials such as synthetic fabrics, impacting the market share of leather products. |
4.3.3 Economic uncertainties affecting consumer spending patterns and preferences for luxury products like leather goods. |
4.3.4 Challenges related to counterfeit products impacting the brand value and trust of genuine leather luggage and goods manufacturers. |
4.3.5 Environmental concerns and regulations related to the leather industry affecting production processes and costs. |
5 India Leather Luggage & Goods Market Trends |
6 India Leather Luggage & Goods Market, By Types |
6.1 India Leather Luggage & Goods Market, By Online stores |
6.1.1 Overview and Analysis |
6.1.2 India Leather Luggage & Goods Market Revenues & Volume, By Online stores, 2021-2031F |
6.1.3 India Leather Luggage & Goods Market Revenues & Volume, By Retail Stores, 2021-2031F |
6.1.4 India Leather Luggage & Goods Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Leather Luggage & Goods Market, By Men |
6.2.1 Overview and Analysis |
6.2.2 India Leather Luggage & Goods Market Revenues & Volume, By Women, 2021-2031F |
6.2.3 India Leather Luggage & Goods Market Revenues & Volume, By Unisex, 2021-2031F |
6.3 India Leather Luggage & Goods Market, By Travel bags |
6.3.1 Overview and Analysis |
6.3.2 India Leather Luggage & Goods Market Revenues & Volume, By Casual bags, 2021-2031F |
6.3.3 India Leather Luggage & Goods Market Revenues & Volume, By Business bags, 2021-2031F |
6.3.4 India Leather Luggage & Goods Market Revenues & Volume, By Purses, wallets & belts Accessories, 2021-2031F |
6.3.5 India Leather Luggage & Goods Market Revenues & Volume, By Footwear Accessories, 2021-2031F |
6.3.6 India Leather Luggage & Goods Market Revenues & Volume, By Leather bracelets Accessories, 2021-2031F |
6.3.7 India Leather Luggage & Goods Market Revenues & Volume, By Neckpieces Accessories, 2021-2031F |
7 India Leather Luggage & Goods Market Import-Export Trade Statistics |
7.1 India Leather Luggage & Goods Market Export to Major Countries |
7.2 India Leather Luggage & Goods Market Imports from Major Countries |
8 India Leather Luggage & Goods Market Key Performance Indicators |
8.1 Percentage increase in online sales of leather luggage and goods. |
8.2 Customer satisfaction ratings for the quality and durability of leather products. |
8.3 Number of collaborations between Indian leather goods manufacturers and international luxury brands. |
8.4 Percentage of repeat customers for leather luggage and goods brands. |
8.5 Adoption rate of sustainable practices and materials in the production of leather goods. |
9 India Leather Luggage & Goods Market - Opportunity Assessment |
9.1 India Leather Luggage & Goods Market Opportunity Assessment, By Online stores, 2021 & 2031F |
9.2 India Leather Luggage & Goods Market Opportunity Assessment, By Men, 2021 & 2031F |
9.3 India Leather Luggage & Goods Market Opportunity Assessment, By Travel bags, 2021 & 2031F |
10 India Leather Luggage & Goods Market - Competitive Landscape |
10.1 India Leather Luggage & Goods Market Revenue Share, By Companies, 2024 |
10.2 India Leather Luggage & Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |