With economic recovery over the forecast period, apparel accessories is expected to grow well, particularly as consumer spending power recovers. Apparel accessories will see solid demand for mass products among lower income consumers, whilst premium accessories will continue to benefit from fashion conscious higher income consumers who seek a variety of premium accessories to complement outfits.
The increase in formal, professional employment will boost larger categories such as ties and belts, as well as cufflinks and bracelets. However, whilst ties remain a fairly small category within apparel accessories, belts is expected to drive overall demand as it is the largest category and is expected to grow well.
The growth of the young, female population, particularly in urban areas will also help to drive sales growth in apparel accessories. Whilst apparel accessories, such as belts and ties, are important among the professional working male population, young women are important consumers of fashionable accessories such as braces, hair accessories, and scarves.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Nigeria 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 Nigeria, 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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