Retail growth and demand for quality products will drive luggage market in India, finds Netscribes

PRLog (Press Release) - Sep. 30, 2010 - Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its report Luggage Market in India 2010. The luggage market in India has been growing steadily due to increasing income levels and large scale visibility due to rise in retailers. The market is dominated by a few major players who face strong competition from the large unorganized sector.

An analysis of the drivers explains the factors for growth of the industry including increase in disposable income, increase in traveling boosting the market, expansion in retailing and specialty stores and luggage as a lifestyle product. The key challenges identified encompass stiff competition from unorganized sector and increasing costs of raw material. Key trends in the market have also been analyzed including shift in preference to soft luggage, luggage manufacturers adding new product categories, assistance provided by manufacturers to franchisee.

The competition section provides complete profiles of the major domestic and foreign players in the market including corporate information, financials, their brands and products, and business highlights.

For more details on the content of each report and ordering information please contact:

Gagan Uppal
Tel: +91-96191-00122
Email: gagan.uppal@netscribes.com

Gaurav Kumar
Tel: +91-98303-09715
Email: gaurav.kumar@netscribes.com

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About Netscribes (India) Pvt. Ltd.

Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base.

For more information please write to info@netscribes.com