Accessories - Singapore | Statista Market Forecast

Revenue in the Accessories segment is projected to reach US$1,002.00m in 2023.
Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 13.37%, resulting in a projected market volume of US$1,655.00m by 2027.
With a projected market volume of US$126,800.00m in 2023, most revenue is generated in China.
In the Accessories segment, the number of users is expected to amount to 2.08m users by 2027.
User penetration will be 25.7% in 2023 and is expected to hit 33.8% by 2027.
The average revenue per user (ARPU) is expected to amount to US$646.90.

The eCommerce market sub-segment Accessories comprises wearable, fashionable accessories that complement a person's outfit, such as watches and jewelry, scarves and shawls, caps and gloves, luxury leather goods, belts, eyewear, ties and bow ties, as well as luggage and bags with open and closable containers made from any material used by private end consumers to transport items (e.g., suitcases, briefcases, handbags). This market also includes both fashion jewelry and high-end jewelry made of precious materials such as gold, silver, or titanium. Other Accessories includes, among others, jewelry accessories such as steam cleaners and watch accessories such as watchbands and winders. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

in-scope

Watches and jewelry
Eyewear
Leather clothes
Luxury leather goods
Shawls and scarves
Ties and bow ties
Hats and caps
Gloves
Felt, fur, and other clothes
Belts
Luggage and bags

out-of-scope

Clothes (e.g., coats, t-shirts, suits)
Shoes and shoe accessories (e.g., care products)
Outdoor and sports clothing
Protective bags and covers for electronic devices such as notebooks or cameras

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