The global fashion accessories market size is likely to witness striking growth in the forthcoming years. The growing attraction towards luxurious lifestyles coupled with increasing purchasing power is expected to support market growth significantly. Fortune Business Insights™ has presented this information in an upcoming report titled, “Fashion Accessories Market, 2024-2032”.
According to the report, various factors are propelling the growth of the fashion accessories market. For instance, the increasing population is getting more aware and conscious about their appearance. Fashion accessories like eyewear, jewelry, eyewear, etc., are trendy among millennials and fashion influencers.
Top Company in the Fashion Accessories Market:
Information Source: https://www.fortunebusinessinsights.com/fashion-accessories-market-104269****
COVID-19 Impact-
The coronavirus pandemic has inflicted a moderate impact on the market. The closure of plants and manufacturing units has hindered the production levels. The closure of retail stores and shopping malls has declines the sales and revenues of businesses operating in the market. However, online shopping activities have increased during the lockdown restrictions. This has surged the sales of luxury apparel and other accessories. The market is anticipated to gain swift traction post-pandemic.
Segmentation-
Based on product type, the market divides into watches, apparel, wallets & handbags, footwear, etc. On the basis of end-user, the market fragments into unisex, kids, men, and women. Based on distribution channels, the market segments into hypermarkets & supermarkets, specialty stores, online stores, etc. Geographically, the market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage-