Branded bags and quality luggage has arrived! Now is the time when every little detail- from a dainty hairpin to the right bag is vital to look modern. With the growing influence of fashion consciousness and rising expendable incomes, bags have become a status symbol.
The global luggage and leather goods industry is expected to grow at a CAGR of 4.5% during 2014-2019. The total retail sales value of the Indian luggage market alone is forecast to be about 1.87 billion U.S. dollars in 2015.
This shows just how much evolution the modern consumer has gone through, in terms of international travel, economic growth and industrial innovation. At IntelligenceNODE, we have the privilege of following popular trends, leading us to comprehend popular consumer behavior. And as a retailer, we think that these insights will be very useful to you.
We generally come across 4 main types of “bag people…”