The market for handbags with outer surfaces of plastic sheeting or textile materials in Belgium experienced a decline from 2013 to 2023, with the per capita value dropping from $12.43 in 2013 to $7.67 in 2023. The year-on-year percentage change from 2022 to 2023 was approximately -4.7%, while from 2021 to 2022 it was around -4.6%. Over the last five years, the compound annual growth rate (CAGR) was approximately -3.0%, reflecting a consistent decrease in value.
Future trends to watch for include:
- The impact of sustainable and eco-friendly materials on consumer preferences.
- Increased competition from digital platforms and direct-to-consumer models.
- Potential market recovery influenced by fashion trends and economic conditions post-2023.
How does Belgium rank in Handbags with Outer Surface of Plastic Sheeting or of Textile Materials Market Size Value Per Capita?
| # | 27 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 44.68 | 2023 | View data | ||
| 2 | 2 Spain | 38.75 | 2023 | View data | ||
| 3 | 3 Australia | 31.61 | 2023 | View data | ||
| 4 | 4 United Kingdom | 31.53 | 2023 | View data | ||
| 5 | 5 Austria | 23.48 | 2023 | View data | ||
| 19 | 19 Finland | 8.16 | 2023 | View data | ||
| 20 | 20 Lithuania | 8.05 | 2023 | View data | ||
| 21 | 21 Belgium | 7.67 | 2023 | |||
| 22 | 22 Costa Rica | 6.33 | 2023 | View data | ||
| 23 | 23 Romania | 5.35 | 2023 | View data | ||
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