India Personal Accessories Market to Grow with a CAGR of 7.59% through 2030F

The India Personal Accessories Market is driven by factors rising disposable incomes, increasing fashion consciousness, rapid urbanization, and the expanding influence of social media and e-commerce platforms.

According to TechSci Research report, “India Personal Accessories Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the India Personal Accessories Market was valued at USD 1942.42 Million in 2024 and is expected to reach USD 3012.34 Million by 2030 with a CAGR of 7.59% during the forecast period. The India personal accessories market is undergoing a transformative shift, fueled by changing consumer lifestyles, increasing fashion consciousness, and rising disposable incomes. As India’s population becomes more urbanized and aspirational, personal accessories such as watches, handbags, wallets, belts, jewelry, and fashion eyewear are no longer seen as mere utility items but as expressions of identity and status. Consumers, particularly from urban and semi-urban areas, are seeking products that align with global fashion trends, enabling them to reflect their personalities and social aspirations. This evolution in perception has expanded the market beyond functional needs into the lifestyle and fashion domain, opening new opportunities for brands and retailers alike.

The e-commerce boom has played a critical role in democratizing access to personal accessories across the country. Online platforms like Amazon, Myntra, Flipkart, Ajio, and brand-owned websites offer an extensive variety of choices, competitive pricing, and convenience that traditional retail cannot always match. These platforms have enabled even Tier II and Tier III cities to access premium and niche brands, narrowing the urban-rural divide in fashion and accessory consumption.

The India personal accessories market is set to maintain its growth trajectory. The emergence of niche, eco-friendly, and customized accessories points toward a consumer base that values uniqueness, sustainability, and individuality. As more women enter the workforce and gain financial independence, the female consumer segment is expected to remain a strong growth engine. Similarly, regional markets—especially in North and West India—are gaining momentum as key consumption zones. With the confluence of technology, design innovation, and an increasingly fashion-forward population, the market is likely to see greater diversification, brand engagement, and deeper market penetration in the coming years.

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The India Personal Accessories Market is segmented into product type, end user, sales channel and region.

Based on product type, Handbags and Wallets segment is the fastest-growing category in India’s personal accessories market, driven by the rising demand for both functional and fashionable products. The segment’s growth is fueled by the increasing number of working women, who seek stylish yet practical bags, as well as a growing middle class that views handbags and wallets as status symbols. Fashion trends, celebrity endorsements, and the influence of social media have amplified the desire for trendy accessories. Additionally, the convenience of e-commerce platforms has expanded access to a wide variety of choices, making handbags and wallets more accessible across urban and rural regions.

Based on region, Western region of India is experiencing the fastest growth in the personal accessories market, driven by factors such as urbanization, rising disposable incomes, and increasing fashion consciousness. Cities like Mumbai, Pune, Ahmedabad, and Surat are at the forefront of this expansion, with a significant presence of both international and domestic brands. The influence of Western fashion trends has led to a surge in demand for products like oversized neck chains and bucket-style bags. Additionally, the growing popularity of e-commerce platforms has made personal accessories more accessible to consumers in Tier II and III cities, further fueling market growth. This combination of cultural influences, economic factors, and digital accessibility positions the Western region as a key driver in India's personal accessories market.

Major companies operating in India Personal Accessories Market are:

• Titan Company Limited
• Fossil India Private Limited
• Timex Group India Ltd
• Casio India Co. Private Limited
• Baggit India Private Limited
• Hidesign India Private Limited
• Voylla Fashions Private Limited
• Pipa Bella Accessories Private Limited
• Da Milano Leathers Private Limited
• Swatch Group (India) Private Limited

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“The India Personal Accessories Market is driven by rising disposable incomes, urbanization, increasing fashion consciousness, and the growing influence of social media and e-commerce. Key trends shaping the market are the demand for sustainable and eco-friendly products, the rise of personalized accessories, and the preference for online shopping. Fashion-forward consumers are driving growth in categories like handbags and wallets, while influencers and celebrities play a significant role in shaping consumer preferences. Additionally, the shift towards premium and luxury brands continues, with urban areas showing higher adoption rates.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“India Personal Accessories Market By Product Type (Watches, Fashion Jewelry, Handbags and Wallets, Others), By End User (Female, Male), By Sales Channel (Multi-Brand Stores, Specialty Stores, Exclusive Stores, Online, Supermarket/Hypermarket), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Personal Accessories Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India Personal Accessories Market.

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