LeapZipBlog: Steve Blade's blog: Apparel Accessories Market to witness Incremental Growth as Consumers Prefer Quality over Price

Apparel Accessories Market to witness Incremental Growth as Consumers Prefer Quality over Price

August 26, 2019 by Steve Blade  

Fact.MR prophesies the global apparel accessories market to rise at a 4.6% CAGR during the forecast period 2017-2022. Among different types of products offered in the global apparel accessories market, handkerchiefs currently secure a nearly 14.0% share in terms of revenue sales. By the end of the forecast period, their sales could be worth a US$13.2 bn. in the global apparel accessories market. APEJ could be one region that is expected to witness robust sales growth of handkerchiefs in the global apparel accessories market. The Fact.MR report classifies the global apparel accessories market into more segments, viz. hat, gloves, neckties, jewelry, eyewear, scarves, handbags, and belts. 

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The apparel accessories market is predicted to witness a decline in sales in terms of both value and volume due to the influx of counterfeit products and various other factors. Low consumer confidence about products offered in the global apparel accessories market and ongoing economic concerns in some countries could hamper the demand significantly. Moreover, fast fashion companies are expected to pose some threat to established players in the global apparel accessories market. On the other hand, online retailers are challenging the popularity of these players on the back of aggressive pricing strategies. 

Table of Content

1. Global Apparel Accessories Market - Executive Summary

2. Global Apparel Accessories Market Overview
2.1. Introduction
       2.1.1. Global Apparel Accessories Market Taxonomy
       2.1.2. Global Apparel Accessories Market Definition
2.2. Global Apparel Accessories Market Size (US$ Mn) and Forecast, 2012-2022
       2.2.1. Global Apparel Accessories Market Y-o-Y Growth
2.3. Global Apparel Accessories Market Dynamics
       2.3.1. Drivers
       2.3.2. Restraints
       2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis 
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Apparel Accessories Market Analysis and Forecast By Product Type 
3.1. Global Apparel Accessories Market Size and Forecast By Product Type, 2012-2022
       3.1.1. Belts Apparel Accessories Market Size and Forecast, 2012-2022
                3.1.1.1. Revenue (US$ Mn) Comparison, By Region
                3.1.1.2. Market Share Comparison, By Region
                3.1.1.3. Y-o-Y growth Comparison, By Region
       3.1.2. Handbags Apparel Accessories Market Size and Forecast, 2012-2022
                3.1.2.1. Revenue (US$ Mn) Comparison, By Region
                3.1.2.2. Market Share Comparison, By Region
                3.1.2.3. Y-o-Y growth Comparison, By Region
       3.1.3. Scarves Apparel Accessories Market Size and Forecast, 2012-2022
                3.1.3.1. Revenue (US$ Mn) Comparison, By Region
                3.1.3.2. Market Share Comparison, By Region
                3.1.3.3. Y-o-Y growth Comparison, By Region
       3.1.4. Eye wear Apparel Accessories Market Size and Forecast, 2012-2022
                3.1.4.1. Revenue (US$ Mn) Comparison, By Region
                3.1.4.2. Market Share Comparison, By Region
                3.1.4.3. Y-o-Y growth Comparison, By Region

To be Continue.............

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.

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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. 

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? 

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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