The market for articles for pocket or handbag with outer surfaces of plastic sheeting or textile materials in Namibia showed fluctuating growth between 2013 and 2023. In 2023, the market value reached 1325.7 thousand US dollars. Over the past two years, year-on-year growth rates were 2.81% in 2022 and 2.68% in 2023. From 2018 to 2023, the compound annual growth rate (CAGR) decreased to 2.72%. The market experienced a notable decline in 2020, followed by a strong recovery in 2021.
Future trends to watch include:
- Potential market stabilization post-2023 with sustained moderate growth.
- Emerging consumer preferences for sustainable materials driving demand shifts.
- Inflationary pressures and global economic conditions influencing purchasing power.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,015,700,000 | 2023 | -0.092% | -1.47% | View data |
| 2 | 2 South Korea | 703,620,000 | 2023 | +5.67% | +8.02% | View data |
| 3 | 3 Canada | 500,720,000 | 2023 | +4.82% | +0.98% | View data |
| 4 | 4 Germany | 485,200,000 | 2023 | +1.89% | +1.05% | View data |
| 5 | 5 United Kingdom | 485,020,000 | 2023 | -0.45% | -1.16% | View data |
| 24 | 24 Cyprus | 2,639,700 | 2023 | -2.18% | -1.91% | View data |
| 25 | 25 Honduras | 2,347,300 | 2023 | +3.93% | +4.2% | View data |
| 26 | 26 Namibia | 1,325,700 | 2023 | +2.68% | +2.72% | |
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