A look at what the domestic luggage brands are doing to meet the global competition head-on and adapt to the changing times
Bengaluru: The Indian luggage industry has witnessed significant growth and transformation in recent years, reflecting the agile nature of consumer preferences, technological advancements, and global trade dynamics.
In 2023, revenue in the luggage and bags segment in India amounts to $14.04 billion and the market is expected to grow annually at a compound annual growth rate of 5.95% from 2023 to 2026, as per data analytics platform Statista.
Let’s explore the multifaceted journey of the Indian luggage industry, examining its competitive edge against its global counterparts, its adaptability, and its potential for further expansion in the face of a rapidly changing global marketplace.
