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Lithuania Handbag Industry Outlook 2022 - 2026

See how Lithuania Handbag performed compared to key markets such as Italy, France and Spain.

Key Market Indicators

By 2026, Lithuanian handbag sales are predicted to reach 124,490 items, compared to the 2021 figure of 118,530 items. The average annual growth rate is 0.8%. Since 2005, the country's market has decreased by 0.4% each year. In 2021, Lithuania was the 8th largest market, overtaken by the United Kingdom. France, Spain and Romania took the 2nd, 3rd and 4th spots respectively. The demand for Lithuanian handbags is also expected to rise in the next five years, with imports predicted to reach 151,840 units by 2026, compared to the 2021 figure of 143,580 units. The yearly growth rate is 0.9%. Since 2000, the country's demand has increased by 5.7%. On the export side, Lithuanian handbag exports are forecast to reach 118,480 units by 2026, up from 109,740 in 2021. The yearly growth rate is 1.3%. Since 2000, the country's supply has gone up 9.5%.

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Lithuania Handbag Market Data and Forecasts