Report Update Nov 1, 2024

Saudi Arabia - Luggage and Handbags - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Luggage Market 2024

Luggage Market Size in Saudi Arabia

The Saudi luggage market was estimated at $X in 2021, standing approx. at the previous year. In general, consumption showed a perceptible decrease. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Luggage Production in Saudi Arabia

In value terms, luggage production contracted markedly to $X in 2021 estimated in export price. Overall, production saw a dramatic shrinkage. Luggage production peaked at $X in 2020, and then declined significantly in the following year.

Luggage Exports

Exports from Saudi Arabia

In 2021, exports of luggage and handbags from Saudi Arabia shrank to X tons, with a decrease of -8.5% compared with 2020. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 138% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, luggage exports reduced notably to $X in 2021. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Yemen (X tons) was the main destination for luggage exports from Saudi Arabia, accounting for a 60% share of total exports. Moreover, luggage exports to Yemen exceeded the volume sent to the second major destination, Oman (X tons), ninefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume to Yemen stood at -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+25.5% per year) and the United Arab Emirates (-0.4% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for luggage and handbags exports from Saudi Arabia, comprising 13% of total exports. The second position in the ranking was taken by Oman ($X), with a 5% share of total exports. It was followed by Yemen, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+28.3% per year) and Yemen (-20.1% per year).

Export Prices by Country

In 2021, the average luggage export price amounted to $X per ton, falling by -31.4% against the previous year. Overall, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 74% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Yemen ($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 the United Arab Emirates (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Luggage Imports

Imports into Saudi Arabia

In 2021, approx. X tons of luggage and handbags were imported into Saudi Arabia; with a decrease of -5.1% against the year before. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by 43%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, luggage imports expanded notably to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 25%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of luggage to Saudi Arabia, with a approx. 94% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -8.4%.

In value terms, China ($X) constituted the largest supplier of luggage and handbags to Saudi Arabia.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -4.5%.

Import Prices by Country

In 2021, the average luggage import price amounted to $X per ton, increasing by 16% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 42%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +4.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for luggage and handbags in the world?

China remains the largest luggage consuming country worldwide, accounting for 43% of total volume. Moreover, luggage consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. The third position in this ranking was occupied by Pakistan, with a 2.5% share.

What are the largest producers of luggage and handbags in the world?

The country with the largest volume of luggage production was China, comprising approx. 67% of total volume. Moreover, luggage production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. Pakistan ranked third in terms of total production with a 2.3% share.

What are the leading suppliers of luggage and handbags to Saudi Arabia?

In value terms, China constituted the largest supplier of luggage to Saudi Arabia.

What are the leading importers of luggage and handbags from Saudi Arabia?

In value terms, the United Arab Emirates remains the key foreign market for luggage exports from Saudi Arabia, comprising 795% of total exports. The second position in the ranking was occupied by Democratic Republic of the Congo, with a 6.1% share of total exports.

What is the average export price for luggage and handbags in Saudi Arabia?

In 2020, the average luggage export price amounted to $22,509 per ton, growing by 8.9% against the previous year.

What is the average import price for luggage and handbags in Saudi Arabia?

In 2020, the average luggage import price amounted to $10,240 per ton, rising by 42% against the previous year.

This report provides an in-depth analysis of the luggage market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15121210 - Trunks, suitcases, vanity cases, briefcases, school satchels and similar containers of leather, composition leather, patent leather, plastics, textile materials, aluminium or other materials
Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)
Prodcom 15121270 - Travel sets for personal toilet, sewing, or shoe or clothes cleaning (excluding manicure sets)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023