In 2023, Italy leads the European export of luggage, handbags, saddlery, and harness at 18.5%, followed by Belgium at 13.73% and Spain at 11.89%. Greece shows substantial growth with a 34.8% increase, while Slovakia and Hungary experienced declines. Overall, the region has diverse performance dynamics, with established markets maintaining solid positions and smaller markets showing varied trends. The average annual growth rate over the past five years indicates steady expansion in more dominant countries like Italy and Belgium, offset by fluctuations in smaller economies.
Future trends to watch include technological innovation in product manufacturing, sustainability demands influencing export compositions, and geopolitical factors impacting trade dynamics. Additionally, emerging markets in Eastern Europe may provide new growth opportunities, altering the existing market share landscape.
Top countries in Export of Luggage, Handbags, Saddlery and Harness Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 18.5 | 2023 | +8.46% | +1.83% | View data |
| 2 | 2 Belgium | 13.73 | 2023 | +17.21% | +13.27% | View data |
| 3 | 3 Spain | 11.89 | 2023 | +8.4% | +3.86% | View data |
| 4 | 4 Netherlands | 8.7 | 2023 | +7.8% | +3.39% | View data |
| 5 | 5 France | 7.5 | 2023 | +7.39% | +2.31% | View data |
| 6 | 6 Germany | 6.69 | 2023 | +5.3% | +2.17% | View data |
| 7 | 7 Greece | 5.85 | 2023 | +0.85% | +34.8% | View data |
| 8 | 8 Hungary | 5.35 | 2023 | +4.73% | -7.03% | View data |
| 9 | 9 Poland | 5.04 | 2023 | +4.17% | +3.72% | View data |
| 10 | 10 United Kingdom | 3.94 | 2023 | -1.63% | -1.85% | View data |
