| Product Code: ETC5152955 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium`s handbag import market continued to show strong growth with a CAGR of 6.28% from 2020 to 2024. The top exporting countries to Belgium included Metropolitan France, Netherlands, Italy, China, and India, highlighting a diverse range of sources. Despite this diversity, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) indicating dominant players. The slight growth rate of 1.29% from 2023 to 2024 suggests a steady momentum in the handbag import market in Belgium.

In the Europe region, the Handbag market in Belgium is projected to expand at a stable growth rate of 2.62% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Handbag Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Handbag Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Handbag Market - Industry Life Cycle |
3.4 Belgium Handbag Market - Porter's Five Forces |
3.5 Belgium Handbag Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Belgium Handbag Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Handbag Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Belgium |
4.2.2 Growing fashion awareness and trend consciousness among the population |
4.2.3 Rise in online shopping and e-commerce platforms in Belgium |
4.3 Market Restraints |
4.3.1 Economic uncertainty impacting consumer spending behavior |
4.3.2 Intense competition from both domestic and international handbag brands |
4.3.3 Fluctuating raw material prices affecting production costs |
5 Belgium Handbag Market Trends |
6 Belgium Handbag Market Segmentations |
6.1 Belgium Handbag Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Handbag Market Revenues & Volume, By Satchel, 2021-2031F |
6.1.3 Belgium Handbag Market Revenues & Volume, By Bucket Bag, 2021-2031F |
6.1.4 Belgium Handbag Market Revenues & Volume, By Clutch, 2021-2031F |
6.1.5 Belgium Handbag Market Revenues & Volume, By Tote Bag, 2021-2031F |
6.1.6 Belgium Handbag Market Revenues & Volume, By Other Product Types, 2021-2031F |
6.2 Belgium Handbag Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Belgium Handbag Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.3 Belgium Handbag Market Revenues & Volume, By Offline Retail Stores, 2021-2031F |
7 Belgium Handbag Market Import-Export Trade Statistics |
7.1 Belgium Handbag Market Export to Major Countries |
7.2 Belgium Handbag Market Imports from Major Countries |
8 Belgium Handbag Market Key Performance Indicators |
8.1 Average order value of handbag purchases |
8.2 Percentage of online sales in the handbag market |
8.3 Consumer sentiment towards luxury handbag purchases |
8.4 Number of new product launches in the handbag segment |
8.5 Social media engagement and brand awareness metrics |
9 Belgium Handbag Market - Opportunity Assessment |
9.1 Belgium Handbag Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Belgium Handbag Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Handbag Market - Competitive Landscape |
10.1 Belgium Handbag Market Revenue Share, By Companies, 2024 |
10.2 Belgium Handbag Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |