Apparel accessories in India is set to see a negative retail value CAGR at constant 2024 prices in the forecast period. The trend seen at the end of the review period is expected to be maintained, with most categories set to see solid growth, while other apparel accessories is expected to continue its declining trend due to the falling sales of face masks, which will impact overall apparel accessories.
Apparel accessories such as belts, ties, hats, gloves, and scarves are expected to continue functioning as complementary offerings rather than strategic revenue drivers for most brands over the forecast period. Most retailers are likely to retain these SKUs to complete the consumer basket, serving shoppers who come in for apparel and pick up apparel accessories as an afterthought.
Hats/caps is expected to maintain solid value growth in India in the forecast period. One factor is likely to be the rise of travel – as individuals engage more in travel, whether for leisure or business purposes, there is expected to be heightened demand for accessories such as hats/caps.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in India 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.
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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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