Everything You Need to Know About India’s Luggage Sector | Markets by Zerodha Hindi

Welcome back to Markets by Zerodha! Is video mein hum India’s booming luggage sector ko deeply samjhenge aur dekhenge kaise Safari Industries ne VIP Industries ko market share mein pichhe chhod diya hai. 📊🚀

Luggage sector abhi 12.4% CAGR se grow karne ki ummeed hai aur 2028 tak ye lagbhag ₹27,000 crores ka ho jayega. Aur is sector mein ek interesting shift dikh raha hai. FY19 tak VIP Industries ka market share 49% tha, lekin ab FY25 tak ye girke sirf 37% reh gaya hai. Wahi, Safari Industries ka market share FY16 mein 11% tha, aur ab ye 30% ho gaya hai! Lekin market share ke saath saath, Safari ke financial metrics jaise revenue growth, EBITDA margins, ROCE bhi VIP se better ho gaye hain. Aur naye-age brands jaise Mokobara aur Uppercase bhi tezi se market capture kar rahe hain.

Is video mein hum discuss karenge:
Luggage sector ka structure – types of luggage, unorganised vs organised market share, segments, aur travel boom ka effect.
VIP vs Safari: VIP ka market share kyun gir gaya? Hum analyze karenge ki VIP ke slow adaptability aur inventory management issues ne kaise unhe pichhe chhoda. Aur kis tarah se Safari Industries ne market ko jaldi recognize karke growth achieve ki.
New-age brands: Brands jaise Mokobara, Uppercase, aur Nasher Miles kaise legacy players ko challenge kar rahe hain aur unki growth strategies kya hain?

By the end of this video, aapko clear idea milega ki VIP ke saath kya hua, kaise Safari Industries ne market mein apni jagah banayi, aur kaise naye-age brands industry ko disrupt kar rahe hain.
Watch now aur jaaniye kaise legacy brands ko challenge mil raha hai aur new-age players future mein kaise dominate kar sakte hain! 🎥👇

Timestamps:
00:00 - Intro
01:39 - Part 1: Structure of the sector. Types of luggage, segments, organised vs unorganised
05:18 - Part 2: Top players and market share. Why VIP fell and Safari rose. How new age brands are shaking all legacy players now
20:19 - Outro

Sources:
Motilal Oswal Report on the Luggage Sector 2025 - https://drive.google.com/file/d/15LM8...
VIP Industries Annual Report FY2025 - https://vipindustries.co.in/storage/i...
VIP Industries Annual Report FY2022 - https://vipindustries.co.in/storage/i...
Safari Industries Annual Report FY2025 - https://files.safaribags.com/pub/medi...