The handbag market in India has gone through steady progress over the last decade, on account of the evolving utilization choices of Indian consumers, especially those reflecting their personalities. Indeed, the design accessory is presently not a mere necessity purchase for consumers in India, yet a significant component of the lifestyle shopping category. Given the developing Indian economy, an increase in disposable income, and rising urbanization, the demand for style merchandise is at its unequaled high in the country.
Consequently, the market for handbags is developing at an unprecedented rate, and these top handbag brands in India continue to dominate the business. The present style statements have taken a ‘U-turn. Handbags are used as a necessity as well as a method for representing one’s taste and style. The women of today can’t imagine stepping out of the house without a pretty-looking handbag stuffed with every one of the necessary items.
Likewise, the challenge is to find the ‘bagwati‘ that flawlessly completes your ensemble. Both design and nature of a handbag depend on the brand it belongs to. To get the ideal pack, you should prefer some extraordinary brand. In this article, we have collated the best handbag brands in India.
Made in India Handbags
The handbag market in India can be segmented into four categories: shoulder packs, satchels and saddles, totes, purses, and wallets. As indicated by the market research report compiled by industry examiners at Technavio, the handbags market in India is dominated by the purses and wallets segment, as would be considered normal to remain a significant supporter in the next few years. The report likewise identifies that specialist retailers will represent the largest share of the market in terms of dispersion.
For more experiences on the handbags market size, top handbag manufacturers, and future trends in this market, check out Technavio’s Global Handbags Market report, or download your Handbags Market in India 2020-2024 Report Sample for FREE!
Technavio has been closely observing the latest handbag market trends to create an in-depth arrangement of handbag market research reports. These reports help our clients identify opportunities inside the market and develop effective strategies to optimize their market positions. Take a gander at Technavio’s Handbag Market Research Library and download your free sample report today.
Best Handbag Brands in India 2022
1. Da Milano
With more than six decades of experience in assembling leather merchandise, Da Milano is one of the best handbag brands in India today, offering items that include state-of-the-craftsmanship technology, creativity, and enduring complexity. Aside from handbags, the organization likewise offers travel packs, portfolio sacks, wallets, and other accessories. In India, Da Milano presently operates 44 self-operated retail stores in 10 cities the nation over and has plans to develop 100 retail outlets across more than 34 cities in India in the next five years. The organization is likewise intending to expand its reach in the worldwide market with plans to open stores in Europe, Singapore, and Dubai.
From a two-man studio to one of the leading handbag manufacturers that is generally recognized for its quality items, and personalized service, Hidesign has become one of the top handbag brands on the planet with more than 84 exclusive retail outlets and a circulation network across 23 countries. Aside from the Indian market, the leading handbags brand is present in the UK, the US, and a few European countries. The organization expects to expand its presence in India and in emerging worldwide markets. Hidesign is intending to establish 20 retail stores before the current year’s over remembering 10 outlets at air terminals and another 10 for shopping centers.
Which brand is famous for handbags?
Baggit is one of the most popular handbag brands in India. It was founded in 1990 by Nina Lekhi. It is recognized as a luxury handbag brand that manufactures the best quality handbags at affordable prices.
Founded in 1990 by Nina Lekhi, Baggit is one of the most recognized handbag brands in India that manufacturers excellent handbags for women at affordable costs. The organization likewise manufactures and designs belts, covers, multi-utility pouches, wallets, and other related items. The brand previously appeared at INXS, Mumbai, and presently has retail outlets in more than 61 cities in the nation including Pune, Mumbai, Delhi, and Bangalore. Currently, Baggit has a net worth of more than INR 60 crores. Baggit additionally has a presence on e-commerce stages like Amazon, Flipkart, Myntra, and Jabong.
VIP Industries, the organization which dominates the luggage business with a 52% market share, has been endeavouring to make its famous handbag brand Caprese a significant development driver for the association. Caprese is positioned as a mass premium brand in India and is today one of the top brands in the ladies’ handbags market. Caprese’s handbags are offered at more than 800 retail locations the country over, including organization-owned stores, multi-brand dealers, franchisee stores. And, some of the largest department store chains like Pantaloons, Lifestyle, and Shoppers Stop, and Central.
5. Lavie (Bagzone Lifestyles)
IS Lavie an Indian brand?
Lavie is another lifestyle brand that launched its first collection of bags in 2010. This brand is a part of Planet Retail which is a company based in Gurgaon. It aims at a client base that is young and fashionable. Presently in India, Lavie handbags are sold in 20 cities.
Lavie is one of the leading lifestyle brands in India. It unveiled its first pack collection in 2010, followed by a wide range of item launches to cater to the developing demand from its consumers. Bagzone, which manufactures and sells sacks, is the parent organization behind Lavie, which was introduced to target the ladies’ handbags market. The organization sells its items through Bagzone stores, Lifestyle, Pantaloons, Shoppers Stop, Central, and numerous other leading retail stores alongside online retailers like Amazon, Jabong, Flipkart, Myntra. And the organization owned Bagzone.com. Lavie recently signed Anushka Sharma, a well-known Bollywood actress, as its image representative.
Ladida is touted as one of the most ethical handbags marks that eliminates the use of creature leather and on second thought utilizes synthetic leather and fake leather to make its packs. Founded in 2001, Ladida has shown consistent development in India and other emerging countries with items that reflect peculiar designs, usage of false materials, and appropriate shading blends. Ladida is currently one of the best 10 ladies’ handbags brands in India, ruling the business with quality items and a decent price tag. The organization’s handbags items are available on some of the top e-commerce websites including Paytm, Amazon, Jabong, Myntra, and other retailers.
7. The House of Tara
Founded in 2012 in Delhi, The House of Tara has developed into one of the leading handbags brands in India because of its unique way to deal with breaking the banality of customary handbag designs and making relaxed, a la mode packs. The House of Tara has become one of the most recognized brands among college students and teens who search for out-of-control and innovatively designed handbags at affordable prices. The brand’s handbags are touted as an ideal choice for the purpose of giving.
8. Lino Perros (Sumitsu Apparel)
Established in the year 1999, Lino Perros has come far to become one of the leading handbag brands in India. The organization’s items were well received by the Indian market from its beginning, attributable to its top-notch and attractive designs. Lino Perros is an auxiliary brand of Sumitsu Apparel, which is well known for its quality items in India. Lino Perros has its own assembling office, which helps the organization make handbags available for customers at a very affordable price.
9. Esbeda (Intouch Leather House)
Esbeda, a leading ladies’ handbag image launched by Intouch Leather House India Pvt. Ltd., entered the market with a retail display area in North Mumbai in 2006. The organization offers an expansive collection of exclusive sacks and accessories going from bridal wear to formal wear. With a worldwide network of clients and more than 18 years in business, Esbeda has developed into a large brand with extensive knowledge of the sacks and accessories markets all over the planet. The organization has its own assembling facilities located across China, Korea, and Taiwan to meet the developing demand from the Indian market.
10. Peperone (Unico Retail)
Unico Retail is one of the top handbag brands in India and a leading manufacturer of accessory lifestyle items, for example, ladies’ texture packs, men’s wallets, and handbags. Founded in 2010, the organization has evolved from a handbags organization into a multi-faceted development-oriented style brand with lines like Donna and Drew and Peperone. Peperone unveiled its first collection in 2010 in Chennai, and since then the handbag brand has attracted a large number of faithful consumers. Its items are a blend of craftsmanship, extreme solace, and progressive styles.
What’s Trending in the Handbags Market in India?
With the advent of e-commerce, a large number of customers are inclined toward online shopping. The vendors who have a solid advanced presence benefit from the increased demand for online shopping among customers. In mature markets, e-commerce has already been established. Interestingly, the trend of e-commerce and online retailing is comparatively less developed in emerging markets. E-commerce offers several benefits like easy delivery and ideal usage of time. The numerous benefits of e-commerce have contributed to the development of the handbag market in India.
Someone appropriately quoted, “Behind every successful lady is an astounding sack.” Accept it or not, every lady considers a handbag as the most precious accessory. Having an excellent purse in your closet is something like a blessing. Even on the off chance that you don’t claim one, it’s never past the point of no return. Please select a brand from the above rundown and order a sack for yourself before it’s past the point of no return!
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