Bags Market - India
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 1.16 Billion
Market Size in 2033: USD 1.62 Billion
Market Growth Rate (CAGR) 2025-2033: 3.77%
According to IMARC Group's report titled "India Bags Market Report and Forecast 2025-2033," the market reached USD 1.16 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.62 Billion by 2033, exhibiting a growth rate (CAGR) of 3.77% during 2025-2033.
India Bags Market Trends and Drivers:
- India bags market is also growing strongly with growing fashion awareness and higher disposable incomes of urban consumers.
- Further, the growing retail and online shopping businesses are fueling demand for various types of bags such as backpacks, handbags, and travel bags.
- Additionally, the popularity of branded and designer bags is making an impact on shopping choices, particularly among working professionals and millennials.
- The huge growth in domestic and overseas travel has also played a major role in boosting the demand for travel and trolley bags.
- Essentially, the change in consumer preference towards long-lasting, light-weight, and environmental-friendly bags is encouraging companies to come up with innovative sustainable materials.
- Growing awareness about environmental issues has spurred the use of jute, cotton, and canvas bags, particularly in metropolitan cities.
- Further, government efforts to prohibit single-use plastic have boosted the use of reusable and biodegradable bags across industries.
- Apart from that, the role of social media as well as fashion influencers is dictating fashion trends in the handbag and luxury bag category, particularly in tier 1 and tier 2 cities.
- The increase in school and college admissions is compelling consistent demand for school bags and backpacks, aided by design improvements and brand promotions.
- Fundamentally, enhanced usage of outdoor activities, sport, and fitness trends is driving the market for utility backpacks and gym bags.
- Additionally, partnerships between Indian artisans and contemporary brands are giving value to ethnic and handmade bags, which attract domestic and foreign buyers.
- Besides, technological features like ergonomic designs, USB ports, and anti-theft are enhancing product functionality, which results in greater customer interaction and repeat buying.
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India Bags Market Report and Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India bags market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Product Type Insights:
- Backpacks
- School Bags
- Drawstring Bags
- Handbags, Wallets & Purses
- Duffle & Gym Bags
- Sling & Crossbody Bags
- Others
Material Type Insights:
- Polyesters
- Nylon
- Leather
- Cotton Canvas
- Others
Distribution Channel Insights:
- Store-Based
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- Others
End User Insights:
- 5 to 12 Years
- 13 to 19 Years
- 20 Years & Above
Regional Insights:
- North India
- South India
- East India
- West India
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendation
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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