Key Market Indicators
Demand for Ecuadorian handbags is set to reach 341,180 units by 2026, a 2.5% year-on-year increase from 294,170 units in 2021. Since 2005, demand has grown by an impressive 37.3% annually. Supply of Ecuadorian handbags is also expected to reach 33,450 units by 2026, up 2.5% year-on-year from 28,770 units in 2021. Since 2005, the supply of handbags has increased by 25.2% each year.