Constrained by the macroeconomic conditions, and considering economic cycles and global geopolitical factors, the outlook for apparel accessories in China in the coming years is not optimistic. Retail volumes are set to see a slight declining trend throughout the forecast period, whilst low growth is anticipated in retail current value terms.
Apparel accessories is characterised by traditional product formats and relatively fixed categories, leading to significant product homogenisation. To stimulate substantial growth in this niche, it will be essential to enhance diversity in terms of both products and designs.
Environmental issues are becoming increasingly important to many Chinese consumers, particularly the younger generations; therefore, apparel accessories may see stronger demand for sustainable and eco-friendly products in the forecast period. An increasing number of consumers are likely to seek accessories made from recyclable and environmentally-friendly materials, and will check out brands’ environmental commitments.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel Accessories industry in China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Apparel Accessories
Supplementary garments and clothing articles consisting of items as belts, scarves, gloves, hats, ties and other accessories. Knitted accessories (hats, scarves and gloves) are also included. Includes all such products designed for men, women, children, and infants. Shoes, bags and sunglasses are excluded and attributed to Footwear, Travel Goods and Sunglasses respectively.
See all of our definitionsThis report originates from Passport, our Apparel Accessories research and analysis database.
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