Accessories Market Size, Share and Trend Analysis by Segments, Region, Category Performance, Brands and Competitive Landscape to 2028
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This report offers an analysis of both the historic and forecast data of the global accessories market through to 2028. It provides a brief of the key trends along with sales and growth across different regions and channels. It also highlights the global accessories brands and their current competitive position.
In 2023, the global accessories market grew 3.2%, remaining weaker than both clothing and accessories due to the category being easier to cut back on, with a decline of 0.6% to reach $196.8bn expected in 2024. The luxury segment is expected to see the largest increase in market share, projected to increase by 2.3ppts between 2023 and 2028 to reach 33.0%. This growth is driven by ultra-wealthy shoppers who have been relatively unaffected by economic challenges.
Scope
The market is expected to witness a CAGR of 2.2% between 2023 and 2028, aided by the recovering economy
The online channel is expected to outperform, reaching an online penetration of 26.3% by 2028
Gucci and Louis Vuitton are both seeing their shares fall, as aspirational shoppers’ savings wane
Reasons to Buy
Gain a comprehensive view of the global accessories market to 2028
Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of inflation on the global accessories market
Investigate current and forecast trends in the global accessories market to identify the opportunities offering the most potential
Understand who the main players are in the global accessories market and gain insights into their market share
Chanel
Ray-Ban
Louis Vuitton
Coach
Gucci
Dior
Michael Kors
Prada
Nike
Rains
Fendi
Meller
Ölend
Shrimps
Urth
Mulberry
Béis
Vestiaire Collective
Kate Spade
Coach
Uniqlo
RealReal
Rebag
Adidas
Table of Contents
Figures
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