Suitcases & Briefcases - Uganda

  • Uganda
  • In Uganda, the revenue generated in the Suitcases & Briefcases market is estimated to be US$263.60m in 2025.
  • It is projected that this market will experience an annual growth rate of 10.58% between 2025 and 2029, according to the compound annual growth rate (CAGR).
  • When compared to other countries worldwide, in China leads the pack in terms of revenue in this segment, with a staggering US$5,979m expected in 2025.
  • Taking into account the total population of Uganda, the per person revenue in the Suitcases & Briefcases market is estimated to be US$5.14 in 2025.
  • "Uganda's market for suitcases & briefcases is experiencing a surge in demand due to the country's growing business and tourism sectors."

Key regions: Europe, France, Spain, Germany, Hong Kong

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Currency

Revenue

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

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Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

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Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

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Most recent update: Sep 2024

Source: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. The figures are based on consumer spending on accessories that comprise of Watches & Jewelry and Luggage & Bags that are produced for private end customers for both offline retail and online retail.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, market data from independent databases and third-party sources, historical developments, current trends, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Accessories market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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