Archive · 1 Sep 2025
India's Luggage Industry to Grow 5-7% in FY26
Imagine India's luggage industry as a big suitcase factory.
This factory is expected to grow faster in the next few years.
Right now, it makes about 18,000 crore rupees worth of suitcases.
The growth is because more people are traveling for fun and for work, which means they need more suitcases.
Also, people want hard suitcases more than the soft ones.
New suitcase companies that make cool and stylish designs will grab a bigger slice of the market.
They'll sell more because of online stores and also because they don't spend a lot of money on things like rent.
India's luggage industry is projected to grow 5-7% in FY26.
The industry's value is approximately ₹18,000 crore.
Growth is driven by increased travel and demand for hard luggage.
New-age manufacturers are expected to capture 25% of the market.
Operating margins are expected to improve by 150-200 bps.
- Who
- India's luggage industry
- What
- is projected to grow
- When
- FY26
- Where
- India
- Why
- Due to rising leisure and corporate travel and increased demand for hard luggage
- Industry Size
- ₹18,000 crore
- Projected Growth (FY26)
- 5-7%
- CAGR (Past 3 Years)
- 3%
- New-Age Manufacturers Market Share
- 25%
- Organized Segment Market Share
- 45%
- Operating Margin Improvement
- 150-200 bps