Key Market Indicators
Demand for Sri Lankan handbags is expected to grow at an average rate of 3.3% year on year over the next five years. This will take the figure up to around 392,410 units by 2026. Since 1999, demand has grown by an average of 4.3% each year. In 2021, Sri Lankan handbag imports reached 321,740 units. Meanwhile, exports of Sri Lankan handbags fell by 27.2% in 2021, to 4,460 units. Since 1999, the figure has dropped by an average of 5.7% each year.