U.S. Women's Handbag Industry Sees Price Surge, Market Growth in 2024
The U.S. women's handbag and purse industry experienced significant shifts in 2024. Exports surged, imports soared, and the stock market size grew substantially.
The average export price of women's handbags and purses from the U.S. reached $X per ton in 2024, marking a X% increase from the previous year. This surge came despite a significant decline in export volume, which fell by X% to X tons. The main destination for these exports remained Canada, accounting for a X% share of total exports.
On the import side, the U.S. saw a substantial increase in the total imports value, growing at an average annual rate of X% from 2013 to 2024. In 2024 alone, imports skyrocketed to X tons, a X% jump from the previous year. The primary suppliers were China, Vietnam, and Cambodia.
The U.S. stock market today for women's handbags and purses stood at $X in 2024, with a growth rate of X% from the previous year. This growth was supported by an increase in production volume, which grew at an average annual rate of X% over the last eleven years, reaching $X in 2024. The total consumption also increased at an average annual rate of X% from 2013 to 2024.
In 2024, the U.S. women's handbag and purse industry witnessed a mix of growth and decline. While export prices surged and the stock market size grew, export volumes decreased. Imports, however, continued to rise, with China, Vietnam, and Cambodia as the main suppliers. Despite these shifts, the U.S. remains a significant player in the global women's handbag and purse stock market today.
