Apparel accessories faces opposing trends with positive and negative benefits anticipated over the forecast period which is likely to result in a flat performance overall. The trend towards less formal dress codes will increasingly drive office workers away from formal wear, especially since many companies now allow casual wear in the office since the pandemic.
The post-pandemic boom in Taiwan outbound travel looks set to persist during the early years of the forecast period. Meanwhile, the rising interest in outdoor activities, such as camping and sports events, along with more active lifestyles, is expected to fuel demand for apparel accessories.
Local brands have been emerging across social media, through influencer marketing, independent cultural gift shops and third party e-commerce marketplaces, such as Pinkoi, Design Pin, and Eslite. Many of these brands are designed locally or are inspired by Taiwanese cultural heritage to attract domestic consumers, in particular young hipsters and foreign tourists.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Taiwan 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 Taiwan, 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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