Key Market Indicators
Norwegian exports of handbags are expected to increase steadily over the next five years. Currently at 59,920 units, the supply is projected to reach 72,070 units by 2026. This would represent an average growth rate of 3.1% year on year since 2005. Conversely, imports of handbags in Norway are projected to decline by 0.5% year on year over the same period. In 2021, the figure stands at 535,650 units, which is estimated to fall to 519,100 by 2026. The demand has been decreasing at an average rate of 4.5% year on year since 2005.