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
3. Global Apparel Accessories Market Analysis and Forecast By Product Type
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:
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