Investor Presentaiton
ATTRACTIVE INDUSTRY DYNAMICS
SIZEABLE MARKET WITH HEALTHY GROWTH POTENTIAL
safari
Core long term drivers of market growth
remain in place:
1. Consumers upgrading to branded
luggage
2. Shortening replacement cycle
3. Individual & multiple ownership of
bags
4. Increasing penetration in the
hinterland due to high growth in E-
com
Recovery of Tourism Industry:
1. Slow but steady recovery of the airline
and hotel industry
2. Strong bounce back in tourism driven
by revenge travel
Global luggage market is expected to bounce back strongly post the
pandemic led drop in '20-21
Market Summary
CAGR 7.3%
2016-2026
2020
Study Period:
Base Year:
Fastest Growing
Market:
Asia Pacific
Largest Market:
North America
CAGR:
7.3%
Market Concentration
Consoldated Market dominated by 1-5 major players
2020
2025
Source: Mordor Intelligence
Global Lupage Market
Fragmated Highly competitive market without dominant
plezens
Source Wordor Inteligence M
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