Key Market Indicators
Sales of handbags in the UK are expected to reach 143,000 by 2026, down 0.8% on average each year since 2021, when 150,000 were sold. This puts the UK in 7th place in 2021, with Estonia overtaking it. France, Spain and Romania came in 2nd, 3rd and 4th respectively in this ranking. Export of handbags from the UK is set to reach 8.9 million by 2026 from 7.0 million in 2021, increasing by an average of 4.1% every year. This is a 22% rise since 2005. Import of handbags into the UK was 17.9 million in 2018, up 56.4% on 2017 when it was 11.5 million. This is an 11.5% increase since 2005.