The Mexican market for articles designed for pocket or handbag use with outer surfaces of plastic sheeting or textile materials experienced notable fluctuations from 2013 to 2023. After initial growth, it faced a downturn post-2015, reaching a low in 2020. However, the market showed resilience with a rise since 2021, stabilizing at $143.17 million in 2023.
Year-on-year analysis reveals significant volatility, particularly a sharp decline in 2020 followed by a vigorous surge in 2021. The compound annual growth rate (CAGR) over the last five years is 1.14%, indicating modest but steady recovery.
Future trends to monitor include the influence of sustainable material adoption and technological integration into products, impacting consumer preferences and market growth in Mexico.
| # | 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 |
| 6 | 6 Spain | 396,160,000 | 2023 | +0.31% | +0.37% | View data |
| 7 | 7 Mexico | 143,170,000 | 2023 | +1.83% | +1.14% | |
| 8 | 8 Poland | 121,430,000 | 2023 | +8.94% | +0.68% | View data |
| 9 | 9 Chile | 93,210,000 | 2023 | +1.71% | +1.82% | View data |
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