U.S.: Market for Women's Handbag And Purse 2025

Market Size for Women's Handbag And Purse in the U.S.

The U.S. women's handbag and purse market surged to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted significant growth. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the immediate term.

Exports of Women's Handbag And Purse

Exports from the U.S.

In 2022, the amount of women's handbag and purse exported from the United States surged to X tons, picking up by X% compared with the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, women's handbag and purse exports surged to $X in 2022. The total export value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for women's handbag and purse exports from the United States, with a X% share of total exports. Moreover, women's handbag and purse exports to Canada exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold. The third position in this ranking was taken by Mexico (X tons), with a X% share.

From 2020 to 2022, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Mexico (X% per year).

In value terms, Canada ($X) remains the key foreign market for women's handbag and purse exports from the United States, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2020 to 2022, the average annual growth rate of value to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).

Export Prices by Country

The average women's handbag and purse export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced a decline.

Imports of Women's Handbag And Purse

Imports into the U.S.

In 2022, approx. X tons of women's handbag and purse were imported into the United States; increasing by X% on the previous year's figure. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, women's handbag and purse imports surged to $X in 2022. In general, total imports indicated a strong expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Vietnam (X tons) and Cambodia (X tons) were the main suppliers of women's handbag and purse imports to the United States, together accounting for X% of total imports.

From 2020 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of women's handbag and purse to the United States, comprising X% of total imports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2020 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average women's handbag and purse import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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