The European luggage, handbags, saddlery, and harness sector demonstrates a considerable concentration in Italy with 53.44k employees, exhibiting modest growth. France follows with substantial employment, seeing a notable increase of 7.16% in 2023. Peripheral countries like Romania, Spain, and Portugal also contribute to sectoral employment growth despite smaller workforce sizes. Conversely, the industry in Germany, Belgium, and Greece shows declining employment figures, highlighting regional disparities. Notably, Serbia showed significant positive growth at 21.71%, indicating potential emerging market dynamics.
Future trends to monitor include Italy's continued dominance in the sector, diversification and technological advances influencing employment in peripheral markets, and the impact of sustainability initiatives on employment across various nations. Additionally, attention should be paid to Eastern Europe's potential for growth given recent upward employment trends, which may influence the industry's geographical labor distribution.
Top countries in Luggage, Handbags, Saddlery, Harness Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 53,440 | 2023 | +2.53% | +1.95% | View data |
| 2 | 2 France | 35,900 | 2023 | +5.63% | +7.16% | View data |
| 3 | 3 Romania | 9,670 | 2023 | +6.31% | +1.82% | View data |
| 4 | 4 Spain | 7,730 | 2023 | +1.69% | +1.97% | View data |
| 5 | 5 Hungary | 5,950 | 2023 | +5% | +0.35% | View data |
| 6 | 6 Poland | 5,330 | 2023 | -0.39% | -1.28% | View data |
| 7 | 7 Germany | 4,580 | 2023 | +3.6% | -2.71% | View data |
| 8 | 8 Portugal | 3,100 | 2023 | +3.51% | +5.28% | View data |
| 9 | 9 Croatia | 2,960 | 2023 | -7.66% | -6.25% | View data |
| 10 | 10 Bulgaria | 2,810 | 2023 | +5.25% | +2.17% | View data |
