luggage market in india 2010 sample 100930073318 phpapp01
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8/8/2019 Luggage Market in India 2010 Sample 100930073318 Phpapp01
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Luggage Market – IndiaSeptember 2010
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2LUGGAGE MARKET IN INDIA 2010.PPT
S A M P L E
Executive Summary
Market
The luggage market in India is presently valued at INR XX bn and is expected to attain a marketsize of approximately INR YY bn by 2012
The luggage market in India is segmented as Segment 1 and Segment 2
The Indian luggage market is dominated by the unorganized sector with a b% market share of the
total market
Drivers &
Challenges
Trends
Competition
Drivers
– Increase in disposable income
– Increase in traveling boosting the market
–Expansion in retailing and specialty
stores
–Luggage as a lifestyle product
Challenges
–Stiff competition from unorganized
sector
– Increasing costs of raw material
Shift in preference to soft luggage
Luggage manufacturers adding new product categories
Assistance provided by manufacturers to franchisee
The market consists of a few major players facing strong competition from the unorganized sector
Company 1 is the dominant players in the market while the premium segment is domination by
Company 2
Foreign players are entering the market and are choosing the franchisee model as the preferredentry route
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3LUGGAGE MARKET IN INDIA 2010.PPT
•Market Overview
•Drivers & Challenges
•Trends
•Competition
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4LUGGAGE MARKET IN INDIA 2010.PPT
S A M P L E
Luggage market in India has been developing gradually and
has strong growth prospects
• The Indian luggage market is estimated to grow at
a% CAGR to INR X bn by 2012
• Franchisee model for business is developing as the
major tool for penetration and revenue generation in
this market
• Companies are targeting the mid segment by offering
value for money products and high end segment by
tying up with global brands
• Increase in fashion quotient of Indian consumers and
rise in western influence is driving the market• Large pool of consumers is attracting foreign players
• This market is highly fragmented and is dominated by
L
Imports from Country 1 and stiff competition from the D is
the major threat to the players in Indian market• Company 1, Company 2, Company 3 and Company 4
are the major players in the Indian market
• Luggage retailing is also catching up with the leading
players such as Company 5 and Company 6
Overview – Luggage Market Market Size and Growth
Source:
0
20
40
60
INR bn
a%
2012e
X
2011e
W
2010e
V
2009
U
Note: Figures are for the respective calendar years
Market Segmentation
Products < INR XX
Growth: b% (2009-10)
Products > INR YY
Growth: c% 2009-10)
Type
Type 1
Type 2
Price Segment 1 Segment 2
Growing faster
driven by sales of
Product 1 and
Product 2
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5LUGGAGE MARKET IN INDIA 2010.PPT
Drivers & Challenges – Summary
Luggage as a lifestyle product
Expansion in retailing and specialty
stores
Increase in traveling boosting themarket
Increase in disposable income
Drivers
Increasing costs of raw material
Stiff competition from unorganized
sector
Challenges
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Trends – Summary
KeyTrends
Shift in preference to soft
luggage
Assistance provided by
manufacturers to franchisee
Luggage manufacturers
adding new productcategories
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S A M
P L E
Market consists of a few major players facing strong
competition from the unorganized market
• Market is competitive with strong competition from
the R
• Organized luggage market is gradually becoming
extremely competitive in the type 2 due to changingconsumer preferences
• Foreign players have been gradually entering the
market focusing primarily on the type 2
• International players have been tying up with
domestic or regional players and is viewed as thepreferred sales route
• Organized market is dominated by Company
followed by Company 2 and Company 3
• Indian luggage market also constitutes of leading
luggage retailers such as Company 4 and Company 5
• Other foreign brands expanding their presence
include Company 6 and Company 7
Overview Market Share (2009-10)
60%
Source:
Premium Luggage Market Share (2009-10)
Others
20%
Company 225%
Company 155%
Others
20%
Company 2
80%
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S A M P L E
Major Domestic Players (4/5)
• The company is engaged in the manufacturing of M luggage and outsourcing of D luggage
• It has its manufacturing unit at City 1, State 1
Has an installed capacity to manufacture over P pieces of M luggage/month
• Company A operates its business through q branch offices across India• It is known for its innovation through its first fibre Product 1 and Product 2, C locking system, O luggage and K wheeling
system
• Company A possess a strong distribution network including X retailers, Y exclusive brand outlets and franchisees
Expansion Plans:
• It plans to expand its strong distribution network by opening Z more exclusive stores by 20--• The establishment had a turnover of INR G bn in FY 20-- - -- and is targeting INR N bn in FY 20-- - --
Headquarters Mumbai
Founded 19--
ProductsProduct A, Product B, Product C and
Product D
Key People Person 1 – Chairman & MD
Company Snapshot: Company A
Business Highlights
Corporate Information Brands and Products
Source:
P6, P7, P8 and P9Brand 3
P4 and P5Brand 2
P1, P2 and P3Brand 1
ProductBrand/Collection
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