In 2023, Italy led with €167.62 million in sold production value for trunks, suitcases, and similar containers despite a slight decline. Hungary and France followed with robust outputs of €89.44 million and €65.457 million, respectively. Notably, Spain and Poland showed impressive growth rates, with Spain reaching 6.49% and Poland 6.22%. Croatia outperformed with 17.26% growth. Conversely, Portugal faced challenges, experiencing a significant decline of 17.59%. The UK saw a solid increase, whereas Germany and Denmark showed negative trends. Finland demonstrated substantial growth at 15.81%, indicating its expanding role in this sector.
Future trends to watch include increasing consumer demand for eco-friendly and innovative luggage solutions, potentially driving growth in this European market. Emerging markets may also present new opportunities for industry expansion, while economic factors and consumer preferences will shape production landscapes and possibly affect traditional manufacturing hubs.
Top countries in Sold Production of Trunks, Suitcases, Vanity Cases, Briefcases, School Satchels and Similar Containers by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 167,620,000 | 2023 | +18.64% | -1.03% | View data |
| 2 | 2 Hungary | 89,440,000 | 2023 | +3.92% | +0.56% | View data |
| 3 | 3 France | 65,457,000 | 2023 | -8.39% | +4.46% | View data |
| 4 | 4 Germany | 33,583,000 | 2023 | +1% | -2.56% | View data |
| 5 | 5 United Kingdom | 31,831,000 | 2023 | +1.02% | +5.11% | View data |
| 6 | 6 Spain | 17,219,000 | 2023 | +0.53% | +6.49% | View data |
| 7 | 7 Poland | 13,248,000 | 2023 | +2.78% | +6.22% | View data |
| 8 | 8 Serbia | 7,120,800 | 2023 | +5.19% | +8.34% | View data |
| 9 | 9 Romania | 4,905,400 | 2023 | +3.96% | +3.86% | View data |
| 10 | 10 Finland | 3,703,800 | 2023 | -1.79% | +15.81% | View data |
