Global Personal Accessories Sector Analysed and Forecast by Euromonitor in Its Topical Study Available at MarketPublishers.com
01 Nov 2017 • by Natalie Aster
LONDON – The personal accessories sector saw another year of good performance during 2017, post a challenging 2016. The recovery of major categories such as watches and jewellery, in tandem with robust growth in a number of APAC markets, are amongst the factors contributing to the sector’s growth. Personal accessories specialists keep on facing severe competition from fashion companies, which are increasingly expanding their product portfolios into the flourishing and fast developing personal accessories business.
As customers trade up, the ‘in-between’ affordable luxury segment is set to keep developing to turn into an entirely self-contained segment all by itself. Considerably higher unit prices and a far broader customer base are enticing for luxury players and mass-market brands alike, which are rapidly advancing into this territory.
With casual and sport-inspired apparel still prospering globally, players in the personal accessories market are poised to keep on adapting their product lines as consumers choose matching accessories and sport-inspired designs to make their looks cohesive.
Topical market research publication “World Market for Personal Accessories” drawn up by Euromonitor presents a detailed picture of the market performance.
The report provides an insightful assessment of the scope and size of the personal accessories market, as well as identifies growth sectors and pinpoints the factors driving change. The study provides details about the dominant companies and brands within the challenging, fashion-driven competitive scenario; limelights key trends and developments; discusses economic and/or lifestyle influences; gives an overview of seasonal patterns; provides distribution and market strategies. The report also forecasts the future advancement of the market in the developed and emerging countries, identifies the threats facing the business and detects the opportunities for further growth.
More topical market research studies drawn up by our partner are available at Euromonitor page.