Apparel accessories in Germany is projected to record slow retail volume growth over the forecast period, driven by a prevailing “less is more” mindset. German consumers are known for their cautious spending habits, particularly during uncertain economic times, and they are embracing forms of minimalism and sustainability more than ever.
The average unit price of apparel accessories in Germany (at constant 2024 prices) is expected to continue rising over the first half of the forecast period due to several persistent challenges, including an ongoing increase in raw materials and manufacturing costs due to supply chain challenges. The labour crisis is expected to continue, posing shortages in key sectors and bringing further pressure points for producers.
The second-hand market for apparel accessories is expected to experience further strong growth in Germany over the forecast period. Second-hand markets have started emerging more frequently around the country and are becoming recurring events.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Germany 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 Germany, 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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