Albany, NY -- (SBWire) -- 07/30/2015 --About Travel and Business Bags Market in India
The travel and business bags market in India is expected to post a rapid growth during the forecast period. The growth is driven by an increase in travel and tourism activities, and rising number of business travelers, leading to a surge in demand and subsequent sales of travel and business bags in the country.
The travel and business bags market in India has five segments: Backpacks, business bags, duffel bags, suitcases, and trolley bags. The trolley bags segment dominated the travel and business bags market in India, in terms of volume; while duffle bags led the market in terms of revenue in 2014.
Technavio predicts that the travel and business bags market in India will grow at a CAGR of 15.49% and 13.31%, in terms of revenue and volume respectively, during 2014-2019.
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Covered in this Report
This report provides an overview of the travel and business bags market in India and an in-depth analysis of the product usage in the market. The report considers 2014 as the base year.
The report also presents the vendor landscape and a corresponding detailed analysis of the seven major vendors in the market.
Key Vendors
Delsey
Louis Vuitton
Safari Industries
Samsonite International
VIP Industries
Wildcraft India
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Other Prominent Vendors
Adidas
Amazonlife
Aldo
Alfred Dunhill
Boconi
Bottega Veneta
Caribee
Donna Karan International (DKNY)
Ferrari
Gianni Versace
IT Luggage
Lulu Guinness
Mandarina Duck
Pierre Cardin
Prada
Puma
Ralph Lauren
River Island
Russell & Bromley
TOD's
Wenger
Market Driver
Increased urbanization and rise in disposable income
For a full, detailed list, view our report
Market Challenge
Popularity of mom-and-pop stores
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Market Trend
Increased use of social media by retailers
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Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Travel and Business Bags Market in India Will Grow at a CAGR of 15.49% and 13.31% in Terms of Revenue and Volume Respectively During 2015-2019: MarketResearchReports.biz
The Report Travel and Business Bags Market in India 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz