The market for articles for pocket or handbag with an outer surface of leather in Hungary has shown steady growth from 2013 to 2023, with the per capita value increasing from $0.76 to $0.92. The period from 2022 to 2023 saw a year-on-year increase of approximately 1.1%. Observing the last five years, the Compound Annual Growth Rate (CAGR) is around 1% annually, indicating a consistent upward trend.
Future trends to watch include the potential impact of consumer preferences shifting towards sustainable and eco-friendly products, which may influence demand and market dynamics. Additionally, economic conditions and changes in disposable income could affect spending in this sector.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 18.09 | 2023 | View data | ||
| 2 | 2 Australia | 17.69 | 2023 | View data | ||
| 3 | 3 Austria | 12.57 | 2023 | View data | ||
| 4 | 4 Germany | 8.92 | 2023 | View data | ||
| 5 | 5 Netherlands | 8.75 | 2023 | View data | ||
| 13 | 13 Slovenia | 1.58 | 2023 | View data | ||
| 14 | 14 Malta | 1.47 | 2023 | View data | ||
| 15 | 15 Hungary | 0.92 | 2023 | |||
| 16 | 16 Mexico | 0.44 | 2023 | View data | ||
| 17 | 17 South Africa | 0.33 | 2023 | View data | ||