Italy dominates European sold production of luggage and handbags, contributing significantly more than half of the total production value. France and Spain follow, albeit with significantly lower shares. Smaller contributors include Romania, Germany, and Hungary. The industry saw various year-on-year trends in 2023: notable increases occurred in Serbia, Latvia, Bosnia and Herzegovina, and Finland, with declining figures in Greece and Denmark. Austria and Sweden experienced no growth.
Future trends to watch include rising demand for sustainable and eco-friendly materials impacting production choices, and continued expansion in Eastern Europe, driven by competitive manufacturing costs and investment incentives.
Top countries in Sold Production of Luggage, Handbags of Leather, Composition of Leather, Plastic Sheeting, Textile Materials, Vulcanised Fibre or Paperboard Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 58.47 | 2023 | +11.06% | +6.46% | View data |
| 2 | 2 France | 23.37 | 2023 | +2.22% | +1.13% | View data |
| 3 | 3 Spain | 10.99 | 2023 | +12.65% | +3.92% | View data |
| 4 | 4 Romania | 2.32 | 2023 | +2.62% | +2.98% | View data |
| 5 | 5 Germany | 1.69 | 2023 | +0.23% | +1.92% | View data |
| 6 | 6 Hungary | 1.32 | 2023 | +3.62% | +0.26% | View data |
| 7 | 7 United Kingdom | 1.17 | 2023 | -1.39% | +5.77% | View data |
| 8 | 8 Portugal | 0.59 | 2023 | +6.05% | +1.59% | View data |
| 9 | 9 Poland | 0.34 | 2023 | +0.3% | +1.61% | View data |
| 10 | 10 Czechia | 0.23 | 2023 |
