The suit and tie is no longer the uniform of necessity or choice for many office workers, while the dwindling use of hats by younger generations of consumers also dents retail volume sales. Thus, hats/caps is set to see strong retail volume sales decreases through the forecast period.
Apparel accessories are well placed to take advantage of the e-commerce trend as consumers tend to have fewer concerns such items will fit, compared with other types of apparel and footwear. The further expansion of the e-commerce infrastructure in Turkey should continue to increase opportunities for smaller producers and lesser-known brands to strengthen their presence.
LC Waikiki and other local players are expected to continue to enjoy competitive advantages in a still tough economic climate through the offer of lower prices compared to international players. Local companies are, in general, better placed to cater to price-sensitive consumers in Turkey as they are less affected by currency fluctuations.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Turkey 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 Turkey, 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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