Key Findings
Changing Trends in Fashion World may Trigger Demand for Apparel Accessories
The global apparel accessories market is expected to grow at a moderate pace during the forecast period 2017-2022. In a recent year, consumers were observed to spend less on apparel accessories. This resulted in a decrease in retail value and volume sales in the recent past. Apparel accessories could be considered as less essential items due to the shift toward comfortable/casual attire and sportswear. Climatic changes in some parts of the world is projected to have a negative effect on the demand in the global apparel accessories market. For instance, apparel accessories for winter wear may not gain much demand in colder regions with snowless winters.
However, changing fashion trends could create rewarding opportunities in the global apparel accessories market.
Highly Seasonal Nature of Sales of Apparel Accessories to Discourage Vendors
There could be a significant decline in the popularity of apparel accessories as holiday gifts. The sales of apparel accessories may be highly seasonal in the coming years. The reason for this downfall of the global apparel accessories market is that it faces a tough competition from alternative such as footwear, beauty products, gift cards, entertainment products, and even consumer electronics during holiday seasons.
On the other hand, continuous price inflation is foretold to arrest the growth of the global apparel accessories market in emerging as well as developed countries. Furthermore, low interest in premium-priced products in developing economies because of high price consciousness among consumers could slow down the growth of the global apparel accessories market. Leading companies operating in the global apparel accessories market are prophesied to face challenges due to the presence of fast fashion brands and implementation of aggressive pricing strategies.
However, changes in lifestyle and the advent of fashion innovations could provide relief to the global apparel accessories market.
About the Report
The report offers a wealth of information about the global apparel accessories market on the basis of competition, segmentation, geography, and other important aspects. It sheds light on how different growth factors could positively affect the global apparel accessories market. Readers are provided with useful information about the competitive landscape so that players can devise effective business strategies beforehand. The report is compiled with the use of latest primary and secondary research methodologies. It offers a comprehensive analysis of the global apparel accessories market for readers to get complete understanding of future business opportunities. Vendors can use this information to cement their position in the global apparel accessories market.
Market Definition
Apparel accessories are used as secondary items to enhance the appearance of the wearer’s outfit. Besides beautifying outfits, apparel accessories can complement or grace a special attire. If apparel accessories are to be roughly classified, there could be two main categories, i.e. apparel accessories that are carried and those that are worn. Consumers commonly purchase handbags, belts, gloves, neckties, and jewelry as apparel accessories.
Additional Questions Answered
The report answers critical questions about the global apparel accessories market, which include:
- How will APEJ dominate the global apparel accessories market?
- Why will handkerchiefs remain a highly sought-after product in the coming years?
- Which demographic will create higher demand for apparel accessories?
- What will be the nature of competition in the global apparel accessories market?
Competitive Landscape
The authors of the report deeply analyze the business of key players operating in the global apparel accessories market including LVMH Moët Hennessy Louis Vuitton S.E., Kering S.A., Industria de Diseño Textil, S.A., H&M Hennes & Mauritz AB, and Gap, Inc.
NB: The report provides details about other prominent names of the global apparel accessories such as Hugo Boss AG, PVH Corp., and Nike, Inc.
The report bearing the title “Apparel Accessories Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2017 to 2022” is a comprehensive account of key dynamics of the global apparel accessories market. It takes into account all possible factors that could enhance as well as arrest the growth of the global apparel accessories market. It offers a detailed analysis of important geographies of the global apparel accessories market and how they could contribute in the near future. It sheds light on the competitive nature of the global apparel accessories market. Readers are expected to receive sound understanding of how different players operate in the global apparel accessories market.
Chapter 1 – Executive Summary
The first chapter of the report gives a rundown on vital facts and figures of the global apparel accessories market.
Chapter 2 – Overview
Here, the report offers details about the taxonomy, supply chain, and other critical aspects of the global apparel accessories market.
Chapter 3 – Global Apparel Accessories Market by Product Type
In this section, the report brings to light the market growth of 10 products offered in the global apparel accessories market.
Chapter 4 – Global Apparel Accessories Market by Demographics
The report provides crucial analysis about the global sales of apparel accessories according to three demographics, viz. children, men, and women.
Chapter 5 – Global Apparel Accessories Market by Price
This chapter of the report compares Y-o-Y growth, market share, and revenue of apparel accessories as per different price ranges.
Chapter 6 – Global Apparel Accessories Market by Sales Channel
This section helps readers to understand how different sales channels are providing a platform for players to improve their sales in the global apparel accessories market.
Chapter 7 – Global Apparel Accessories Market by Region
Here, the report tells readers about the presence of the apparel accessories market in five regions and one developing country.
Chapter 8 – North America Apparel Accessories Market Analysis and Forecast
In this section, the report talks about the growth of the apparel accessories market in North America.
Chapter 9 – Latin America Apparel Accessories Market Analysis and Forecast
This chapter shows how the apparel accessories market could grow in Latin America. It provides accurate market figures to support the analysis.
Chapter 10 – Europe Apparel Accessories Market Analysis and Forecast
Here, the apparel accessories market in Europe is studied in great detail. Readers are provided with vital information about key factors affecting the growth of the Europe apparel accessories market.
Chapter 11 – Japan Apparel Accessories Market Analysis and Forecast
The report offers details about the growth of the apparel accessories market in Japan and factors impacting it.
Chapter 12 – APEJ Apparel Accessories Market Analysis and Forecast
In this section, the report provides an elaborative study of the apparel accessories market in APEJ. The revenue of the regional market is compared as per all segmentation categories.
Chapter 13 – MEA Apparel Accessories Market Analysis and Forecast
This chapter gives details about the status and standing of the MEA in the apparel accessories market.
Chapter 14 – Company Profiles
Here, the report profiles leading companies of the global apparel accessories market using SWOT analysis, their financial information, and other factors.
Chapter 15 – Research Methodology
Readers are provided with details about the research methodology used by the authors of the report to compile this study.
Chapter 16 – Primary and Secondary Sources
This chapter lists all primary and secondary sources used to gather information about the global apparel accessories market.
Chapter 17 – Assumptions and Acronyms
Here, the report speaks about the assumptions and lists acronyms used by the authors when preparing the study.
Chapter 18 – Disclaimer
All readers and buyers of the report are advised to go through the disclaimer written here.
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Apparel Accessories Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022