The 2023 data reveals that Belgium leads European exports of luggage and related items by value, with significant growth of 31.47% year-on-year. Poland also shows strong momentum, boasting a 67.11% increase. In contrast, Italy and Spain, established players in this sector, experienced declines of 5.62% and 5.38%, respectively. Other notable changes include Austria's 42.56% surge and the UK's notable decrease of 16.58%. Over the last five years, Poland and Austria demonstrate robust compound annual growth rates (CAGR), while traditionally strong markets like Germany and Italy have shown stagnation or declines.
Future trends to monitor include technological integration in production, sustainability practices increasingly swaying consumer preferences, and shifts in global trade agreements affecting market access. It will also be crucial to observe the impact of evolving tourism dynamics post-pandemic on demand for luggage and travel accessories.
Top countries in Export of Luggage, Handbags, Saddlery and Harness by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 160,240 | 2023 | +0.39% | +31.47% | View data |
| 2 | 2 Italy | 92,350 | 2023 | +6.87% | -5.62% | View data |
| 3 | 3 Netherlands | 73,270 | 2023 | +2.33% | +2.08% | View data |
| 4 | 4 Poland | 65,170 | 2023 | +6.6% | +67.11% | View data |
| 5 | 5 Spain | 61,360 | 2023 | +10.08% | -5.38% | View data |
| 6 | 6 Portugal | 53,700 | 2023 | +24.38% | +8.69% | View data |
| 7 | 7 United Kingdom | 43,190 | 2023 | -20.52% | -16.58% | View data |
| 8 | 8 Hungary | 36,680 | 2023 | -32.48% | -8.6% | View data |
| 9 | 9 France | 26,660 | 2023 | +13.15% | +10.89% | View data |
| 10 | 10 Austria | 21,780 | 2023 | +20.02% | +42.56% | View data |
