Ireland: Luggage Market 2025

Luggage Market Size in Ireland

After two years of decline, the Irish luggage market increased by 31% to $X in 2021. In general, consumption, however, recorded a mild shrinkage. Luggage consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Luggage Exports

Exports from Ireland

In 2021, overseas shipments of luggage and handbags decreased by -41% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 119% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, luggage exports contracted notably to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 134% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), the UK (X tons) and France (X tons) were the main destinations of luggage exports from Ireland, together accounting for 74% of total exports. These countries were followed by Germany, Spain, Sweden, Italy and the United States, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +19.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for luggage exported from Ireland were the Netherlands ($X), France ($X) and Germany ($X), together accounting for 56% of total exports.

In terms of the main countries of destination, France, with a CAGR of +35.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average luggage export price amounted to $X per ton, surging by 41% against the previous year. Over the period under review, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 91% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Luggage Imports

Imports into Ireland

In 2021, overseas purchases of luggage and handbags decreased by -12.4% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2014 with an increase of 16%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, luggage imports soared to $X in 2021. The total import value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest luggage supplier to Ireland, accounting for a 51% share of total imports. Moreover, luggage imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-11.9% per year) and the Netherlands (+24.3% per year).

In value terms, the largest luggage suppliers to Ireland were China ($X), Italy ($X) and the UK ($X), together comprising 48% of total imports. The Netherlands, Germany, India, Vietnam, Spain and Belgium lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Vietnam, with a CAGR of +23.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average luggage import price amounted to $X per ton, with an increase of 37% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, luggage import price increased by +101.5% against 2017 indices. The growth pace was the most rapid in 2020 an increase of 37%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :