Overview of Global Apparel Accessories Market: Size, Trends, Share and Growth Forecast till 2022

Dublin 2, Ireland, 2018-Apr-10 — /EPR Network/ — The global market discussion on apparel accessories industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Apparel Accessories Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on apparel accessories market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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The global market for apparel accessories is expected to witness a moderate growth over the next couple of years. Factors such as socio-political qualms and fluctuation in the global economy are hindering the sales of apparel accessories. Fact.MR projects that the global apparel accessories market will reach a valuation in excess of US$ 89,500 Mn by 2022-end, expanding at a moderate CAGR during the forecast (2017-2022). In addition, rapid inflow of counterfeit products has emerged as major challenge for market players. The future prospects of the market is being undermined by the emergence fast fashion brands and online retailers who are stuffing in products that are relatively cheaper as compared to ones in the franchised outlets.  Also, frequent inflation in price is slowing down the value growth in demand for apparel accessories.  Premium-priced apparel accessories are exhibiting a poor market performance, particularly in emerging markets owing to the existence of a massive pool of highly price-sensitive consumers. In recent years, sales of winter-wear apparel accessories have also taken a hit due to climatic changes. Demand for products such as woollen scarves, gloves, and hats has gone down drastically owing to milder winters.

Handkerchiefs Remain Top Selling Apparel Accessory

Among all the apparel accessories, handkerchiefs remain highly sought-after. Currently, global sales of handkerchief account for close to 14% revenue share of the market. More than US$ 13,277 Mn worth handkerchiefs are estimated to be sold worldwide by 2022-end. In addition, sales of handkerchiefs will continue to increase in the APEJ region.

APEJ to Lead the Global Apparel Accessories Market

Asia-Pacific excluding Japan (APEJ) is expected to dominate the global apparel accessories market in 2017 and beyond. Factors such as, the growing middles class, steady growth of the economy, availability of low-cost labor force and abundance of raw materials are boosting the growth of the market in the region.  During the forecast period, the region is expected account for a significant market share in terms of market share and register an above average CAGR.

Competition Tracking

The report also profiles players that are expected to remain active in the expansion of the global apparel accessories market through 2022, which include The Gap, Inc., H & M Hennes & Mauritz AB, Industria de Diseño Textil, S.A., Kering S.A., LVMH Moët Hennessy Louis Vuitton S.E., NIKE, Inc., PVH Corp., Hugo Boss AG, Adidas AG, Burberry Group plc.

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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

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods 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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