Luggage, Handbags and Saddlery in Saudi Arabia: Industrial Report - New Market Report
Luggage, handbags and saddlery products market reaches SR3.3 billion in 2012 following 14% review period CAGR. Households' demand for luggage and handbags represents main growth driver, with the category accounting for 88% of total market value. Share of imports drops from 52% in 2007 to 48% in 2012, with China comprising almost half of total foreign supply. Turnover of local producers expected to see 10% CAGR over 2013-2018, driven by rising disposable incomes.
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