Canada - Luggage And Handbags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuggage Price in Canada - 2023
Contents:
- Luggage Price in Canada (CIF) - 2023
- Luggage Price in Canada (FOB) - 2023
- Luggage Imports in Canada
- Luggage Exports in Canada
Luggage Price in Canada (CIF) - 2023
The average luggage import price stood at $12.6 per unit in June 2023, with an increase of 8.1% against the previous month. Over the period under review, the import price, however, saw a slight descent. The pace of growth was the most pronounced in November 2022 when the average import price increased by 27% m-o-m. Over the period under review, average import prices attained the maximum at $15.7 per unit in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($24.3 per unit), while the price for China ($5.9 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Luggage Price in Canada (FOB) - 2023
The average luggage export price stood at $25.8 per unit in June 2023, with a decrease of -27.2% against the previous month. Over the period under review, the export price saw a slight setback. The growth pace was the most rapid in August 2022 when the average export price increased by 24% m-o-m. The export price peaked at $39.9 per unit in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($35.4 per unit), while the average price for exports to Benin ($2.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Luggage Imports in Canada
In 2022, approx. 27M units of luggage and handbags were imported into Canada; surging by 33% against 2021 figures. Over the period under review, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, luggage imports surged to $911M in 2022. Overall, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Luggage in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 238 | 121 | 125 | 254 | 2.2% |
Italy | 136 | 115 | 170 | 228 | 18.8% |
France | 69.6 | 70.1 | 97.4 | 131 | 23.5% |
United States | 49.3 | 41.0 | 46.3 | 73.1 | 14.0% |
Cambodia | 33.1 | 27.1 | 43.5 | 59.7 | 21.7% |
Vietnam | 51.5 | 26.7 | 31.5 | 49.3 | -1.4% |
Philippines | 20.2 | 6.6 | 12.8 | 19.8 | -0.7% |
Indonesia | 10.5 | 9.3 | 11.9 | 17.1 | 17.7% |
Others | 51.9 | 41.9 | 51.3 | 77.9 | 14.5% |
Total | 660 | 459 | 590 | 911 | 11.3% |
Top Suppliers of Luggage to Canada in 2022:
- China (12.7M units)
- Italy (3.6M units)
- United States (2.8M units)
- France (2.1M units)
- Cambodia (1.3M units)
- Vietnam (1.1M units)
- Philippines (0.5M units)
- Indonesia (0.4M units)
Luggage Exports in Canada
In 2022, approx. 3.8M units of luggage and handbags were exported from Canada; with an increase of 46% compared with the previous year. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, luggage exports skyrocketed to $125M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Luggage in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 76.0 | 52.2 | 66.4 | 92.5 | 6.8% |
Netherlands | 1.2 | 1.2 | 3.4 | 4.4 | 54.2% |
Germany | 0.3 | 0.2 | 2.0 | 3.5 | 126.8% |
Brazil | 1.8 | 0.7 | 0.1 | 1.2 | -12.6% |
Others | 15.8 | 12.7 | 18.3 | 22.9 | 13.2% |
Total | 95.1 | 67.0 | 90.2 | 125 | 9.5% |
Top Export Markets for Luggage from Canada in 2022:
- United States (3066.2K units)
- Netherlands (215.6K units)
- Germany (90.9K units)
- Brazil (55.2K units)
This report provides an in-depth analysis of the luggage market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for luggage and their key statistics. Discover the leading countries and their import values for 2022. Learn how IndexBox market intelligence platform can provide valuable insights.
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Explore the top import markets for handbags across the globe, including China, the United States, France, Italy, and more. Discover the key players in the global handbag industry.
The global handbag market revenue amounted to $X in 2017, growing by X% against the previous year. This figure reflects...
Explore the top import markets for luggage and their key statistics. Discover the leading countries and their import values for 2022. Learn how IndexBox market intelligence platform can provide valuable insights.
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Global luggage imports stood at X tons in 2016, leveling off at the previous year figure. In general, luggage imports continue to indicate a relatively flat trend pattern. The pace of growth was ...
Explore the top import markets for handbags across the globe, including China, the United States, France, Italy, and more. Discover the key players in the global handbag industry.
The global handbag market revenue amounted to $X in 2017, growing by X% against the previous year. This figure reflects...