Germany is set to witness a continued volume decline for apparel accessories in the forecast period, which can be attributed mainly to the prevalent trend of “less is more”. German consumers are traditionally contained in terms of their spending, especially in times of recession.
The prices of apparel accessories are expected to continue to rise in Germany, due to several different factors. The rising costs of raw materials and manufacturing, while also navigating a labour crisis, are some of the challenges that producers of apparel accessories face.
The second-hand market for apparel accessories is experiencing a significant boost through online channels, and is expected to keep evolving in the forecast period, therefore affecting sales of new products. E-commerce platforms such as Zalando, AboutYou, and other smaller dedicated resale websites have allowed mainstream access to and interest in pre-owned accessories.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Germany with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel Accessories industry in Germany, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Apparel Accessories
Supplementary garments and clothing articles consisting of items as belts, scarves, gloves, hats, ties and other accessories. Knitted accessories (hats, scarves and gloves) are also included. Includes all such products designed for men, women, children, and infants. Shoes, bags and sunglasses are excluded and attributed to Footwear, Travel Goods and Sunglasses respectively.
See All of Our DefinitionsThis report originates from Passport, our Apparel Accessories research and analysis database.
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