Accessories Report 2020

Statista Consumer Market Outlook

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The Accessories market is, like the Apparel market, rapidly evolving. It comprises wearable, fashionable accessories that complement a person's outfit such as watches, jewelry, suitcases, bags, wallets and handbags for private end consumers. The market is divided into two segments: Watches & Jewelry and Luggage & Bags.
This report from the series of Consumer Market Outlook reports gives an overview of the Accessories market from an international perspective. Besides all relevant market figures like total and per capita revenues for the years from 2012 to 2025, we furthermore give detailed insights into current trends, key players and important background information on the Accessories market.

In general, the Accessories market is expected to grow at a CAGR of 1.7% between 2012 and 2025. Both segments within the Accessories market are growing by more than 5% between 2019 and 2025. However, the Watches & Jewelry segment shows the highest growth potential and is expected to increase by 6.3%, reaching US$366 billion in 2025.

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

  • Language: English
  • Released: December 2020
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