The market for handbags with outer surfaces of plastic sheeting or textile materials in Switzerland saw significant growth between 2013 and 2023, reaching a value of 385.44 million US dollars in 2023. There was fluctuating growth with peaks in 2018 and 2019, followed by a slight decline in 2020. The last five years showed an average annual compound growth rate (CAGR) of 3.11%.
Future trends to watch include:
- Increasing interest in sustainable and eco-friendly materials.
- Design innovation in functionality and versatile usage.
- Impact of ecommerce and direct-to-consumer models expanding market access.
- Potential sector developments from fashion influencers and shifts in consumer preferences post-pandemic.
| # | 27 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,144,400,000 | 2023 | -0.22% | -0.72% | View data |
| 2 | 2 Spain | 1,829,300,000 | 2023 | +0.73% | +1.4% | View data |
| 3 | 3 Japan | 1,513,700,000 | 2023 | -0.99% | -0.0028% | View data |
| 4 | 4 India | 1,296,300,000 | 2023 | +4.34% | +5.17% | View data |
| 5 | 5 Germany | 1,267,100,000 | 2023 | +1.04% | -0.11% | View data |
| 6 | 6 Australia | 824,040,000 | 2023 | +3.18% | +1.08% | View data |
| 7 | 7 Mexico | 465,710,000 | 2023 | +0.87% | +0.76% | View data |
| 8 | 8 Switzerland | 385,440,000 | 2023 | +2.74% | +3.11% | |
| 9 | 9 Netherlands | 347,240,000 | 2023 | +2.9% | +1.84% | View data |
| 10 | 10 Chile | 267,320,000 | 2023 | +0.52% | -0.92% | View data |
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