The import of handbags with outer surfaces of leather to the Netherlands has shown considerable fluctuations over the years. In 2023, the import value stood at 8.6448 million euros. From 2013 to 2023, the market demonstrated both growth and periods of decline, with significant year-on-year variations such as a 26.16% increase in 2021 and a notable -12.81% decrease in 2020, likely due to global market disruptions. The compound annual growth rate (CAGR) varied significantly across different periods, with the most recent five-year period showing a more modest CAGR of 3.88%.
Future trends to watch for include:
- Continued modest growth, with a forecasted 2.96% CAGR over the next five years.
- An overall projected growth rate of 15.71% by 2028.
- Potential market impacts from global economic conditions and shifts in consumer preferences towards sustainable and ethically produced goods.