Global Personal Accessories Market Size, Share, Trend, Growth & Forecast 2026| TechSci Research

Summary

Report Description

The global personal accessories market was valued at USD473.46 billion in 2020 and is projected to grow at a CAGR of 7.93% during the forecast period to reach USD738.52 billion by 2026, on account of the rising personal disposable income and growing demand for luxury products and personal accessories that are designed according to the taste and preference of consumers. These personal accessories are available in different sizes and shapes and can also be customized according to customers’ requirements, contributing to the huge demand for personal accessories.

More and more consumers are adopting luxury and fashionable lifestyle that enhances their dressing style and personality. Features of personal accessories include accessibility, stylish touch, and easy handling, and their basic uses has framed a trend among consumers, which is a considerable change in the past few years. Because of the increasing trend for fashion and accessories, the personal accessories companies are adding innovations to their product to meet the requirement of the consumers. Personal accessories products such as watches, eyewear, bags, wallets, and other products like cardholders and belts have also increased demand among the buyers as these products are designed in new shapes and patterns.

The global personal accessories market can be segregated into product type, end-user and distribution channels, company, and region. On the basis of distribution channel, personal accessories market is categorized into exclusive stores, multi-brand stores, specialty stores, online market, and supermarket/hypermarket. Among these distribution channels, the online market is expected to grow at a rapid CAGR of over 9% during 2021-2026F and is expected to be the fastest-growing distribution channel in the forecast period providing a wide range of personal accessories to customers.

Regionally, the Personal accessories market has been segmented into Asia Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Europe is expected to grow at a rapid CAGR of over 8.00% during 2021E-2026F and is expected to be the fastest-growing region in the forecast period due to increase in sales volume of personal accessories products such as jewelry, bags, and watches, etc.

Moreover, cities like Milan in Europe, which is also known as the global capital of design and fashion has a huge demand for personal accessories products.

LVMH Moët Hennessy Louis Vuitton, Compagnie Financière Richemont SA, Apple Inc., The Swatch Group Ltd, Kering Group, etc., are a few of the prominent players operating in the global personal accessories market. Personal accessories companies are enhancing their product portfolio and focusing on expansion through mergers and acquisitions. LVMH Moët Hennessy Louis Vuitton is one of the world’s leading fashion companies, which has acquired luxury jewelry company Tiffany & Co. This merger and acquisition have helped the company expand its business, innovate new product lines, increase its product portfolio, and grow its revenue.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021E

Forecast Period: 2022F-2026F

Objective of the Study:

1. To analyze the historical growth in the market size of the global personal accessories market from 2016 to 2020.

2. To estimate and forecast the market size of the global personal accessories market from 2021 to 2026 and growth rate until 2026.

3. To classify and forecast the global personal accessories market based on product type, distribution channel, end user, company, and regional distribution.

4. To identify dominant region or segment in the global personal accessories market.

5. To identify drivers and challenges for the global personal accessories market.

6. To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global personal accessories market.

7. To identify and analyze the profile of leading players operating in the global personal accessories market.

8. To identify key sustainable strategies adopted by market players in the global personal accessories market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global personal accessories market using a top-down and bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

· Personal accessories manufacturers, suppliers, distributors

· Market research and consulting firms

· Government bodies such as regulating authorities and policy makers.

· Organizations, forums, and alliances related to personal accessories.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global personal accessories market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Personal Accessories Market, By Product Type:

Jewelry
Bags & Wallet
Watches
Others (Eyewear, Belt, Caps, etc)

Global Personal Accessories Market, By End User

Female
Male
Kids

Global Personal Accessories Market, By Distributional Channel:

Exclusive Stores
Multi-Brand Stores
Specialty Stores
Online Market
Supermarket/Hypermarket

Global Personal Accessories Market, By Region:

Asia Pacific

China
India
Japan
Australia
South Korea

Europe

Germany
France
United Kingdom
Italy
Spain

North America

United States
Canada
Mexico

South America

Brazil
Argentina
Colombia

Middle East & Africa

Saudi Arabia
UAE
South Africa

Competitive Landscape:

Company Profiles: Detailed analysis of the major companies present in the global personal accessories market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Personal Accessories Market

4. Voice of Customer

4.1. Factors Influencing Purchase Decision

4.2. Frequency of Usage & Purchase

4.3. Brand Awareness

4.4. Sources of Information Conferred

5. Executive Summary

6. Global Personal Accessories Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type (Jewelry, Bags & Wallets, Watches, Others (Eyewear, Belt, Caps, etc))

6.2.2. By End User (Female, Male, Kids)

6.2.3. By Distribution Channel (Multi-Brand Stores, Exclusive Stores, Specialty Band, Online Market, Supermarkets/Hypermarket)

6.2.4. By Region

6.2.5. By Company (2020)

6.3. Market Map

7. Asia-Pacific Personal Accessories Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By End User

7.2.3. By Distribution Channel

7.2.4. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Personal Accessories Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By End User

7.3.1.2.3. By Distribution Channel

7.3.2. India Personal Accessories Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By End User

7.3.2.2.3. By Distribution Channel

7.3.3. Japan Personal Accessories Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By End User

7.3.3.2.3. By Distribution Channel

7.3.4. Australia Personal Accessories Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product Type

7.3.4.2.2. By End User

7.3.4.2.3. By Distribution Channel

7.3.5. South Korea Personal Accessories Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product Type

7.3.5.2.2. By End User

7.3.5.2.3. By Distribution Channel

8. Europe Personal Accessories Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By End User

8.2.3. By Distribution Channel

8.2.4. By Country

8.3. Europe: Country Analysis

8.3.1. Germany Personal Accessories Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By End User

8.3.1.2.3. By Distribution Channel

8.3.2. France Personal Accessories Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By End User

8.3.2.2.3. By Distribution Channel

8.3.3. United Kingdom Personal Accessories Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By End User

8.3.3.2.3. By Distribution Channel

8.3.4. Italy Personal Accessories Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By End User

8.3.4.2.3. By Distribution Channel

8.3.5. Spain Personal Accessories Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By End User

8.3.5.2.3. By Distribution Channel

9. North America Personal Accessories Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By End User

9.2.3. By Distribution Channel

9.2.4. By Country

9.3. North America: Country Analysis

9.3.1. United States Personal Accessories Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By End User

9.3.1.2.3. By Distribution Channel

9.3.2. Canada Personal Accessories Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By End User

9.3.2.2.3. By Distribution Channel

9.3.3. Mexico Personal Accessories Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By End User

9.3.3.2.3. By Distribution Channel

10. South America Personal Accessories Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.2. By End User

10.2.3. By Distribution Channel

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Personal Accessories Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type

10.3.1.2.2. By End User

10.3.1.2.3. By Distribution Channel

10.3.2. Argentina Personal Accessories Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type

10.3.2.2.2. By End User

10.3.2.2.3. By Distribution Channel

10.3.3. Colombia Personal Accessories Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type

10.3.3.2.2. By End User

10.3.3.2.3. By Distribution Channel

11. Middle East and Africa Personal Accessories Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Product Type

11.2.2. By End User

11.2.3. By Distribution Channel

11.2.4. By Country

11.3. MEA: Country Analysis

11.3.1. Saudi Arabia Personal Accessories Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product Type

11.3.1.2.2. By End User

11.3.1.2.3. By Distribution Channel

11.3.2. UAE Personal Accessories Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product Type

11.3.2.2.2. By End User

11.3.2.2.3. By Distribution Channel

11.3.3. South Africa Personal Accessories Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product Type

11.3.3.2.2. By End User

11.3.3.2.3. By Distribution Channel

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1.1. LVMH Moët Hennessy Louis Vuitton

14.1.2. Compagnie Financière Richemont SA

14.1.3. Apple Inc.

14.1.4. Kering Group

14.1.5. The Swatch Group Ltd

14.1.6. Chanel S.A.

14.1.7. Rolex SA

14.1.8. Tapestry, Inc.

14.1.9. Pandora A/S

14.1.10. PRADA S.P.A.

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Figure 1: Global Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 2: Global Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 3: Global Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 4: Global Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 5: Global Personal Accessories Market Share, By Region, By Value, 2016- 2026F

Figure 6: Global Personal Accessories Market Share, By Company, 2020

Figure 7: Global Personal Accessories Market Map, By Product Type, Market Size (USD Billion) & Growth Rate (%),2020

Figure 8: Global Personal Accessories Market Map, By End User, Market Size (USD Billion) & Growth Rate (%),2020

Figure 9: Global Personal Accessories Market Map, By Distribution Channel, Market Size (USD Billion) & Growth Rate (%),2020

Figure 10: Global Personal Accessories Market Map, By Region, Market Size (USD Billion) & Growth Rate (%),2020

Figure 11: Asia-Pacific Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 12: Asia-Pacific Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 13: Asia-Pacific Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 14: Asia-Pacific Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 15: Asia-Pacific Personal Accessories Market Share, By Country, By Value, 2016- 2026F

Figure 16: China Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 17: China Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 18: China Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 19: China Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 20: India Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 21: India Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 22: India Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 23: India Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 24: Japan Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 25: Japan Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 26: Japan Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 27: Japan Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 28: Australia Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 29: Australia Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 30: Australia Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 31: Australia Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 32: South Korea Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 33: South Korea Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 34: South Korea Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 35: South Korea Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 36: Europe Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 37: Europe Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 38: Europe Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 39: Europe Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 40: Europe Personal Accessories Market Share, By Country, By Value, 2016-2026F

Figure 41: Germany Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 42: Germany Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 43: Germany Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 44: Germany Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 45: France Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 46: France Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 47: France Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 48: France Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 49: United Kingdom Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 50: United Kingdom Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 51: United Kingdom Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 52: United Kingdom Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 53: Italy Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 54: Italy Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 55: Italy Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 56: Italy Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 57: Spain Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 58: Spain Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 59: Spain Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 60: Spain Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 61: North America Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 62: North America Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 63: North America Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 64: North America Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 65: North America Personal Accessories Market Share, By Country, By Value, 2016-2026F

Figure 66: United States Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 67: United States Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 68: United States Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 69: United States Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 70: Canada Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 71: Canada Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 72: Canada Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 73: Canada Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 74: Mexico Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 75: Mexico Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 76: Mexico Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 77: Mexico Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 78: South America Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 79: South America Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 80: South America Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 81: South America Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 82: South America Personal Accessories Market Share, By Country, By Value, 2016- 2026F

Figure 83: Brazil Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 84: Brazil Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 85: Brazil Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 86: Brazil Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 87: Argentina Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 88: Argentina Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 89: Argentina Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 90: Argentina Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 91: Colombia Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 92: Colombia Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 93: Colombia Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 94: Colombia Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 95: Middle East & Africa Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 96: Middle East & Africa Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 97: Middle East & Africa Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 98: Middle East & Africa Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 99: Middle East & Africa Personal Accessories Market Share, By Country, By Value, 2016- 2026F

Figure 100: Saudi Arabia Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 101: Saudi Arabia Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 102: Saudi Arabia Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 103: Saudi Arabia Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 104: UAE Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 105: UAE Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 106: UAE Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 107: UAE Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 108: South Africa Personal Accessories Market Size, By Value (USD Billion), 2016-2026F

Figure 109: South Africa Personal Accessories Market Share, By Product Type, By Value, 2016-2026F

Figure 110: South Africa Personal Accessories Market Share, By End User, By Value, 2016-2026F

Figure 111: South Africa Personal Accessories Market Share, By Distribution Channel, By Value, 2016-2026F

Frequently asked questions

Who are the top players in the personal accessories industry?

LVMH Moët Hennessy Louis Vuitton, Compagnie Financière Richemont SA, Apple Inc., The Swatch Group Ltd, Kering Group, Chanel S.A., Rolex SA, Tapestry, Inc., Pandora A/S, PRADA S.P.A. etc. are some of the top players in the personal accessories market.

Which region holds the highest market share in the global personal accessories market?

Asia-Pacific region held the largest market share in the global personal accessories market i.e., around 32.00% in 2020. Countries like China dominates the market considering the surging millennial population, who prefer buying personal accessories.

What is the Impact of COVID-19 on the global personal accessories market?

Due to COVID-19, the market witnessed a huge downfall in the demand for personal accessories, reason being the global shut down of the market with the imposition of lockdown. Various stores, supermarket/hypermarket, as well as many companies were also shutdown. Also manufacturing sites were closed because of which the supply of the products was hindered.