The market for handbags with outer surfaces of plastic sheeting or textile materials in the Netherlands reached a value of $347.24 million in 2023, demonstrating a stable increase over the past decade. Although minor fluctuations occurred, such as a notable dip in 2016, the overall trajectory showed growth, with the last five years experiencing a Compound Annual Growth Rate (CAGR) of 1.84%. The most substantial growth year-on-year was in 2017 with 26.13%. More recently, between 2022 and 2023, the market grew by 2.9%, indicating continued consumer interest and resilience.
Future trends to monitor include:
- A rising demand for sustainable and eco-friendly materials in handbag production.
- An increase in e-commerce platforms driving sales, especially post-pandemic.
- Potential impacts from global economic factors and shifts in consumer purchasing power.
- The influence of fashion trends on material choice and product diversity.
| # | 27 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,144,400,000 | 2023 | -0.22% | -0.72% | View data |
| 2 | 2 Spain | 1,829,300,000 | 2023 | +0.73% | +1.4% | View data |
| 3 | 3 Japan | 1,513,700,000 | 2023 | -0.99% | -0.0028% | View data |
| 4 | 4 India | 1,296,300,000 | 2023 | +4.34% | +5.17% | View data |
| 5 | 5 Germany | 1,267,100,000 | 2023 | +1.04% | -0.11% | View data |
| 7 | 7 Mexico | 465,710,000 | 2023 | +0.87% | +0.76% | View data |
| 8 | 8 Switzerland | 385,440,000 | 2023 | +2.74% | +3.11% | View data |
| 9 | 9 Netherlands | 347,240,000 | 2023 | +2.9% | +1.84% | |
| 10 | 10 Chile | 267,320,000 | 2023 | +0.52% | -0.92% | View data |
| 11 | 11 Austria | 236,930,000 | 2023 | +2.32% | +1.12% | View data |
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