The luggage industry is classified into hard and soft luggage. Hard luggage is mainly the large travel bags made from molded plastic. Soft luggage is made out of woven fabrics like nylon and polyester. It comprises of uprights, totes, duffle and sky bags which can be with or without wheels and handles. The soft luggage today is becoming very popular due to the ease of carrying as it is light and flexible. It includes handbags, military backpacks, athletic backpacks, wallets, briefcases, and other soft-sided luggage items.
Soft luggage is made out of woven fabrics like nylon and polyester. It comprises of uprights, totes, duffle and sky bags which can be with or without wheels and handles. The soft luggage today is becoming very popular due to the ease of carrying as it is light and flexible. It includes handbags, military backpacks, athletic backpacks, wallets, briefcases, and other soft-sided luggage items. Due to cost-effectiveness and lightweight, more and more people are shifting from hard luggage to soft goods. The price of soft luggage in the organized market ranges from Rs 800 to Rs. 12,000 depending upon its size, raw material, etc.
Expected CAGR over the forecast period 2010-2023
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