In 2023, Italy dominated the European handbag export market but faced an 8.04% decline. Belgium saw a positive surge of 13.27%, while the Netherlands and Hungary experienced minor growth and declines, respectively. Other countries like Poland, France, Slovenia, and Austria displayed moderate positive trends, whereas Slovakia and Cyprus recorded sharp decreases. The data reflects a volatile market with the need for adaptation to maintain growth.
Future trends to watch include the potential impact of sustainability practices and technological advancements in production. Additionally, emerging markets and changing consumer preferences for luxury goods will significantly influence the European export landscape.
Top countries in Export of Handbags by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 47,018,000 | 2023 | +14.76% | -8.04% | View data |
| 2 | 2 Belgium | 40,769,000 | 2023 | +17.21% | +13.27% | View data |
| 3 | 3 Netherlands | 25,831,000 | 2023 | +7.8% | +3.39% | View data |
| 4 | 4 Hungary | 15,878,000 | 2023 | +4.73% | -7.03% | View data |
| 5 | 5 Poland | 14,949,000 | 2023 | +4.17% | +3.72% | View data |
| 6 | 6 France | 12,444,000 | 2023 | +0.53% | +1.25% | View data |
| 7 | 7 Slovenia | 4,815,300 | 2023 | -1.51% | +7.68% | View data |
| 8 | 8 Spain | 4,398,400 | 2023 | +0.83% | -3.84% | View data |
| 9 | 9 Romania | 2,872,800 | 2023 | +1.67% | +1.85% | View data |
| 10 | 10 Bulgaria | 2,746,000 | 2023 | +3.32% | -0.4% | View data |
