The European sold production of trunks, suitcases, vanity cases, briefcases, school satchels, and similar containers in 2023 was primarily dominated by Italy and Spain, accounting for almost half of the market share, with values of 25.74% and 25.54% respectively. Hungary and the UK followed, each representing a significant portion of production. Notable yearly growth was observed in Spain and Serbia, while markets such as Italy and Romania saw declines. The Compound Annual Growth Rate (CAGR) for the past five years indicates a fluctuating market with varied performance across countries.
Future trends to monitor include potential shifts in production capacity in countries showing positive growth like Estonia and Lithuania, as well as the evolving role of the UK post-Brexit and its effect on supply chains and production efficiency within the European market. Additionally, sustainability and evolving consumer preferences toward eco-friendly materials could redefine operational strategies and market shares.
Top countries in Sold Production of Trunks, Suitcases, Vanity Cases, Briefcases, School Satchels and Similar Containers Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 25.74 | 2023 | +46.68% | -6.3% | View data |
| 2 | 2 Spain | 25.54 | 2023 | +2.3% | +0.47% | View data |
| 3 | 3 Hungary | 9.11 | 2023 | +2.66% | -0.29% | View data |
| 4 | 4 United Kingdom | 8.38 | 2023 | +3.94% | +3.46% | View data |
| 5 | 5 Poland | 7.85 | 2023 | +0.65% | +0.33% | View data |
| 6 | 6 Germany | 7.42 | 2023 | +4.32% | +0.96% | View data |
| 7 | 7 Serbia | 5.71 | 2023 | +4.98% | +2.33% | View data |
| 8 | 8 Croatia | 1.41 | 2023 | +3.7% | -3.74% | View data |
| 9 | 9 Romania | 0.79 | 2023 | -4.18% | -5.67% | View data |
| 10 | 10 Estonia | 0.7 | 2023 | +14.42% | +2.58% | View data |
