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India Synthetic Leather Luggage Market

India Synthetic Leather Luggage Market

  • Category:Consumer Goods and Services
  • Published on : 06 October 2024
  • Pages :205
  • Formats:
  • Report Code:SMR-8010477
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Synthetic Leather Luggage Market Size, Share 2024


Market size in 2024 US$ 423.7 million
Forecast Market size by 2030 US$ 642.5 million
Growth Rate CAGR of 7.2% Number of Pages 205 Pages

India Synthetic Leather Luggage market size was valued at US$ 423.7 million in 2024 and is projected to reach US$ 642.5 million by 2030, at a CAGR of 7.2% during the forecast period 2024-2030.

Luggage products made from artificial leather materials, offering a cost-effective and animal-free alternative to genuine leather.

The Indian Synthetic Leather Luggage market is experiencing solid growth, driven by increasing travel frequency, rising disposable incomes, and growing awareness of animal welfare issues. Key players include domestic brands like VIP Industries and Safari, alongside international names such as Samsonite and American Tourister. The market benefits from India's expanding middle class and the boom in budget travel options. In 2024, trolley bags made of synthetic leather accounted for 45% of the market, with duffel bags showing rapid growth. The industry is seeing innovation in high-quality synthetic materials that closely resemble genuine leather in appearance and durability. There's growing demand for lightweight and water-resistant synthetic leather luggage. Manufacturers are developing luggage with smart features like built-in weighing scales and USB charging ports. The market is benefiting from the expansion of organized retail and e-commerce platforms specializing in travel gear. Challenges include competition from textile luggage and the need to improve the perception of synthetic leather quality. As India's travel industry grows and consumers seek affordable yet stylish luggage options, the Synthetic Leather Luggage market is expected to see continued growth, particularly among young travelers and budget-conscious consumers.

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

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

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

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

Report Includes

This report presents an overview of India market for Synthetic 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.

This report focuses on the Synthetic 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 Synthetic Leather Luggage market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

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

This report 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

•    PVC Synthetic Leather

•    PU Synthetic Leather

Segment by Applications

•    Specialist Retailers

•    Hypermarkets

•    E-Commerce

•    Others

Key Companies covered in this report:

•    Samsonite India

•    VIP Industries Limited

•    Safari Industries (India) Ltd

•    Wildcraft India Pvt Ltd

•    American Tourister

•    Skybags

•    Pragmus Tech Pvt Ltd

•    Liviya International

•    The House of Tara

•    Killer Jeans

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

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

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

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

•    Key companies Synthetic 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 Synthetic Leather Luggage Market

•    Overview of the regional outlook of the Synthetic 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 Synthetic Leather Luggage Market 

•    United States Synthetic Leather Luggage Market 

•    Japan Synthetic Leather Luggage Market 

•    Germany Synthetic Leather Luggage Market 

•    South Korea Synthetic Leather Luggage Market 

•    Indonesia Synthetic Leather Luggage Market 

•    Brazil Synthetic Leather Luggage Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.

Report Attributes Report Details
Report Title India Synthetic Leather Luggage Market
Market size in 2024 US$ 423.7 million
Forecast Market size by 2030 US$ 642.5 million
Growth Rate CAGR of 7.2%
Historical Year 2018 to 2022 (Data from 2010 can be provided as per availability)
Base Year 2023
Forecast Year 2031
Number of Pages 205 Pages
Customization Available Yes, the report can be customized as per your need.

TABLE OF CONTENTS

1 STUDY COVERAGE


1.1 Synthetic Leather Luggage Product Introduction


1.2 Market by Type


1.2.1 Indian Synthetic Leather Luggage Market Size Growth Rate by Type, 2019 VS 2023 VS 2030

1.2.2 PVC Synthetic Leather    

1.2.3 PU Synthetic Leather

1.3 Market by Application


1.3.1 India Synthetic Leather Luggage Market Size Growth Rate by Application, 2019 VS 2023 VS 2030

1.3.2    Specialist Retailers

1.3.3    Hypermarkets

1.3.4    E-Commerce

1.3.5    Others

1.4 India Synthetic Leather Luggage Sales Estimates and Forecasts 2019-2030

1.5 India Synthetic Leather Luggage Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030

1.6 Study Objectives

1.7 Years Considered


2 COMPETITION BY MANUFACTURERS


2.1 India Synthetic Leather Luggage Sales by Manufacturers

2.1.1 India Synthetic Leather Luggage Sales by Manufacturers (2019-2024)

2.1.2 India Synthetic Leather Luggage Sales Market Share by Manufacturers (2019-2024)

2.1.3 Top Largest Manufacturers of Synthetic Leather Luggage in 2023 in India

2.2 India Synthetic Leather Luggage Revenue by Manufacturers

2.2.1 India Synthetic Leather Luggage Revenue by Manufacturers (2019-2024)

2.2.2 India Synthetic Leather Luggage Revenue Market Share by Manufacturers (2019-2024)

2.2.3 India Top Companies by Synthetic Leather Luggage Revenue in 2023

2.3 India Synthetic Leather Luggage Sales Price by Manufacturers (2019-2024)

2.4 Analysis of Competitive Landscape

2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)

2.4.2 India Synthetic Leather Luggage by Company Type (Tier 1, Tier 2, and Tier 3)

2.4.3 India Synthetic Leather Luggage Manufacturers Geographical Distribution

2.5 Mergers & Acquisitions, Expansion Plans


3 India Synthetic Leather Luggage MARKET SIZE BY REGION


3.1 Synthetic Leather Luggage Market Size by Region: 2019-2030

3.1.1 India Synthetic Leather Luggage Sales by Region: 2019-2024

3.1.2 India Synthetic Leather Luggage Sales Forecast by Region (2025-2030)

3.1.3 India Synthetic Leather Luggage Revenue by Region: 2019-2024

3.1.4 India Synthetic Leather Luggage Revenue Forecast by Region (2025-2030)


4 MARKET SIZE BY TYPE


4.1 India Synthetic Leather Luggage Sales by Type

4.1.1 India Synthetic Leather Luggage Historical Sales by Type (2019-2024)

4.1.2 India Synthetic Leather Luggage Forecasted Sales by Type (2025-2030)

4.1.3 India Synthetic Leather Luggage Sales Market Share by Type (2019-2030)

4.2 India Synthetic Leather Luggage Revenue by Type

4.2.1 India Synthetic Leather Luggage Historical Revenue by Type (2019-2024)

4.2.2 India Synthetic Leather Luggage Forecasted Revenue by Type (2025-2030)

4.2.3 India Synthetic Leather Luggage Revenue Market Share by Type (2019-2030)

4.3 India Synthetic Leather Luggage Price by Type

4.3.1 India Synthetic Leather Luggage Price by Type (2019-2024)

4.3.2 India Synthetic Leather Luggage Price Forecast by Type (2025-2030)


5 MARKET SIZE BY APPLICATION


5.1 India Synthetic Leather Luggage Sales by Application

5.1.1 India Synthetic Leather Luggage Historical Sales by Application (2019-2024)

5.1.2 India Synthetic Leather Luggage Forecasted Sales by Application (2025-2030)

5.1.3 India Synthetic Leather Luggage Sales Market Share by Application (2019-2030)

5.2 India Synthetic Leather Luggage Revenue by Application

5.2.1 India Synthetic Leather Luggage Historical Revenue by Application (2019-2024)

5.2.2 India Synthetic Leather Luggage Forecasted Revenue by Application (2025-2030)

5.2.3 India Synthetic Leather Luggage Revenue Market Share by Application (2019-2030)

5.3 India Synthetic Leather Luggage Price by Application

5.3.1 India Synthetic Leather Luggage Price by Application (2019-2024)

5.3.2 India Synthetic Leather Luggage Price Forecast by Application (2025-2030)


6.    CORPORATE PROFILE


6.1 Samsonite India

6.1.1 Samsonite India Corporation Information

6.1.2 Samsonite India Overview

6.1.3 Samsonite India in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.1.4 Samsonite India Synthetic Leather Luggage Product Introduction

6.1.5 Samsonite India Recent Developments


6.2 VIP Industries Limited

6.2.1 VIP Industries Limited Corporation Information

6.2.2 VIP Industries Limited Overview

6.2.3 VIP Industries Limited in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.2.4 VIP Industries Limited Synthetic Leather Luggage Product Introduction

6.2.5 VIP Industries Limited Recent Developments


6.3 Safari Industries (India) Ltd

6.3.1 Safari Industries (India) Ltd Corporation Information

6.3.2 Safari Industries (India) Ltd Overview

6.3.3 Safari Industries (India) Ltd in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.3.4 Safari Industries (India) Ltd Synthetic Leather Luggage Product Introduction

6.3.5 Safari Industries (India) Ltd Recent Developments


6.4 Wildcraft India Pvt Ltd

6.4.1 Wildcraft India Pvt Ltd Corporation Information

6.4.2 Wildcraft India Pvt Ltd Overview

6.4.3 Wildcraft India Pvt Ltd in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.4.4 Wildcraft India Pvt Ltd Synthetic Leather Luggage Product Introduction

6.4.5 Wildcraft India Pvt Ltd Recent Developments


6.5 American Tourister

6.5.1 American Tourister Corporation Information

6.5.2 American Tourister Overview

6.5.3 American Tourister in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.5.4 American Tourister Synthetic Leather Luggage Product Introduction

6.5.5 American Tourister Recent Developments


6.6 Skybags

6.6.1 Skybags Corporation Information

6.6.2 Skybags Overview

6.6.3 Skybags in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.6.4 Skybags Synthetic Leather Luggage Product Introduction

6.6.5 Skybags Recent Developments


6.7 Pragmus Tech Pvt Ltd

6.7.1 Pragmus Tech Pvt Ltd Corporation Information

6.7.2 Pragmus Tech Pvt Ltd Overview

6.7.3 Pragmus Tech Pvt Ltd in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.7.4 Pragmus Tech Pvt Ltd Synthetic Leather Luggage Product Introduction

6.7.5 Pragmus Tech Pvt Ltd Recent Developments


6.8 Liviya International

6.8.1 Liviya International Corporation Information

6.8.2 Liviya International Overview

6.8.3 Liviya International in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.8.4 Liviya International Synthetic Leather Luggage Product Introduction

6.8.5 Liviya International Recent Developments


6.9 The House of Tara

6.9.1 The House of Tara Corporation Information

6.9.2 The House of Tara Overview

6.9.3 The House of Tara in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.9.4The House of Tara Synthetic Leather Luggage Product Introduction

6.9.5 The House of Tara Recent Developments


6.10 Killer Jeans

6.10.1 Killer Jeans Corporation Information

6.10.2 Killer Jeans Overview

6.10.3 Killer Jeans in India: Synthetic Leather Luggage Sales, Price, Revenue and Gross Margin (2019-2024)

6.10.4 Killer Jeans Synthetic Leather Luggage Product Introduction

6.10.5 Killer Jeans Recent Developments


7 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS


7.1 Synthetic Leather Luggage Industry Chain Analysis

7.2 Synthetic Leather Luggage Key Raw Materials

7.2.1 Key Raw Materials

7.2.2 Raw Materials Key Suppliers

7.3 Synthetic Leather Luggage Production Mode & Process

7.4 Synthetic Leather Luggage Sales and Marketing

7.4.1 Synthetic Leather Luggage Sales Channels

7.4.2 Synthetic Leather Luggage Distributors

7.5 Synthetic Leather Luggage Customers


8 Synthetic Leather Luggage MARKET DYNAMICS


8.1.1 Synthetic Leather Luggage Industry Trends

8.1.2 Synthetic Leather Luggage Market Drivers

8.1.3 Synthetic Leather Luggage Market Challenges

8.1.4 Synthetic Leather Luggage Market Restraints


9 KEY FINDINGS IN THE India Synthetic Leather Luggage STUDY


10 APPENDIX


10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.2 Data Source

10.2 Author Details

10.3 Disclaimer

LIST OF TABLES & FIGURES



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