Accessories: market data & analysis

Market Insights report

Accessories: market data & analysis

Like the apparel market, the Accessories market is developing dynamically. It comprises wearable, fashionable accessories that complement a person's outfit such as Watches, Jewelry, Suitcases, Bags, Wallets, Handbags and other containers for private end consumers. The Accessories market consists of two segments: Watches & Jewelry and Luggage & Bags. The largest share is generated by the Watches & Jewelry segment, in particular due to sales in the Jewelry market. The Accessories market worldwide is projected to generate a revenue of US$578.30bn in 2024.It is expected to grow at an annual rate of 3.66% (CAGR 2024-2028).

In this market report, growth potentials, market drivers, consumer insights, key players, and future developments are discussed from an international perspective.



What's included?

  • Market Overview and all relevant sales figures
  • Consumer insights and trends
  • Sales channels
  • Key players - LVMH, Richemont, Swatch Group, Samsonite
  • Segment deep dives
  • KPI comparison: Sales and growth rates
  • Country and regional comparison
  • Market forecasts
  • COVID-19 impact

Table of contents

The Accessories market is, like the Apparel market, rapidly evolving. It comprises wearable, fashionable accessories that complement a person's outfit such as watches, jewelry, suitcases, bags, wallets and handbags for private end consumers. The market is divided into two segments: Watches & Jewelry and Luggage & Bags.
This report from the series of Consumer Market Outlook reports gives an overview of the Accessories market from an international perspective. Besides all relevant market figures like total and per capita revenues for the years from 2018 to 2028, we furthermore give detailed insights into current trends, key players and important background information on the Accessories market.

The Accessories market worldwide is projected to generate a revenue of US$578.30bn in 2024. It is expected to grow at an annual rate of 3.66% (CAGR 2024-2028).When compared globally, in China leads the way in revenue generation, with US$116bn expected in 2024

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

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