In 2023, Italy dominated the European market for articles normally carried in pocket or handbag with a production share of 55.48% by value. France and Spain trailed significantly with 22.7% and 14.69% respectively. Notable growth in production was observed in Portugal, rising by 50.81%, while Bulgaria also saw a 12.46% increase. Conversely, Estonia and Denmark experienced substantial declines, decreasing by 23.03% and 51.82%, respectively. The compound annual growth rate (CAGR) across the last five years showcased Italy and France as steady leaders, while some smaller markets showed volatility.
Future trends to watch include the impact of sustainable and innovative materials in production, which could alter competitive dynamics, and potential shifts in consumer preferences post-pandemic that may influence the demand distribution across these countries.
Top countries in Sold Production of Articles Normally Carried in Pocket or Handbag Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55.48 | 2023 | +2.16% | +10.46% | View data |
| 2 | 2 France | 22.7 | 2023 | +1.11% | +4.14% | View data |
| 3 | 3 Spain | 14.69 | 2023 | +10.77% | +1.62% | View data |
| 4 | 4 Portugal | 6.86 | 2023 | +29.96% | +50.81% | View data |
| 5 | 5 Romania | 1.7 | 2023 | +2.83% | +0.29% | View data |
| 6 | 6 Germany | 0.99 | 2023 | +6.3% | +2.33% | View data |
| 7 | 7 United Kingdom | 0.57 | 2023 | -10.67% | +0.1% | View data |
| 8 | 8 Poland | 0.35 | 2023 | +1.8% | +4.05% | View data |
| 9 | 9 Serbia | 0.17 | 2023 | +4.79% | +6.01% | View data |
| 10 | 10 Croatia | 0.14 | 2023 | +2.59% | +1.3% | View data |
