Key Market Indicators
Singaporean handbag imports are forecast to drop by 0.6% per year over the next five years. In 2021, demand is estimated at 10.6 million units, a decrease of 25.1% since 1994. Exports of handbags from Singapore are expected to increase by 0.7% annually in the same period. In 2021, the supply is estimated to be around 1 million units, representing a 6.6% growth since 1994.
