While global brands such as Samsonite dominate the premium end, that segment accounts for only about 10% of the market. Nearly 60% of demand is for luggage priced below ₹4,000, and another 30% lies in the ₹4,000- ₹8,000 range, where aspirational consumers want better design and durability but are unwilling to pay premium prices, the report added. This gap has opened the door for a wave of mid-priced, design-led brands that offer a premium look at accessible prices, sparking investor interest.
