Product Code: ETC011564 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is the second-largest luggage cart market in Asia after China. The Indian luggage cart industry has been growing at a steady pace over the past few years, driven by rising disposable incomes and increased air travel in the country. Increasing demand for lightweight and efficient baggage handling solutions from airlines and business travelers are expected to drive further growth of India luggage cart market during 2020?2026.
The rise of disposable incomes, increasing prevalence of urbanization, expanding tourism sector, rapid infrastructural developments in airports and other transportation hubs are some major factors driving the growth of India?s luggage cart market. In addition, with more people opting for air travel as opposed to rail or roadways due to its quicker commute time has also contributed to boosting sales of trolley bags across all income groups in India. Furthermore, technological advancements such as automated carts that can be remotely operated have become increasingly popular among airport authorities for better management & security purposes on account of its ability to monitor movements within restricted areas inside an airport terminal building.
The availability of counterfeit products along with poor quality options is a major challenge faced by manufacturers operating in this industry which affects their brand image adversely thereby hampering their revenue generation potential negatively. Additionally, high cost associated with premium branded products may restrict consumers from making purchases leading them towards cheaper alternatives thus restraining overall demand levels across regional markets within India Luggage Cart Market landscape.
The emergence of innovative product designs made out eco-friendly materials such as polypropylene (PP) & polyethylene (PE), which not only helps reduce carbon footprint but also increases durability while reducing costs substantially have gained tremendous traction among customers resulting into increased sales volumes over recent times . Moreover , personalized customization services offered by certain vendors enabling passengers & businesses alike to design custom logos or monograms on their belongings proving lucrative opportunities ahead for stakeholders present within this domain .
Some key players operating across India?s Luggage Cart Market include Vectus Industries Limited , Skybags , Aristocrat Luggage Pvt Ltd.,?Samsonite South Asia Pvt Ltd., VIP Industries Ltd., Safari Bags Pvt Ltd., Delsey Helium Paris SASU , American Tourister France SNC etc .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Luggage Cart Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Luggage Cart Market Revenues & Volume, 2020 & 2030F |
3.3 India Luggage Cart Market - Industry Life Cycle |
3.4 India Luggage Cart Market - Porter's Five Forces |
3.5 India Luggage Cart Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Luggage Cart Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India Luggage Cart Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Luggage Cart Market Trends |
6 India Luggage Cart Market, By Types |
6.1 India Luggage Cart Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Luggage Cart Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Luggage Cart Market Revenues & Volume, By Metal Luggage Carts, 2020-2030F |
6.1.4 India Luggage Cart Market Revenues & Volume, By Plastic Luggage Carts, 2020-2030F |
6.2 India Luggage Cart Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Luggage Cart Market Revenues & Volume, By Airport , 2020-2030F |
6.2.3 India Luggage Cart Market Revenues & Volume, By Train Station, 2020-2030F |
6.2.4 India Luggage Cart Market Revenues & Volume, By Hotels, 2020-2030F |
7 India Luggage Cart Market Import-Export Trade Statistics |
7.1 India Luggage Cart Market Export to Major Countries |
7.2 India Luggage Cart Market Imports from Major Countries |
8 India Luggage Cart Market Key Performance Indicators |
9 India Luggage Cart Market - Opportunity Assessment |
9.1 India Luggage Cart Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Luggage Cart Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India Luggage Cart Market - Competitive Landscape |
10.1 India Luggage Cart Market Revenue Share, By Companies, 2023 |
10.2 India Luggage Cart Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |