The outlook is weak for apparel accessories in the early forecast period. Overall, retail volume sales are set to continue to fall, moderately-to-slightly, in 2024 and 2025, with retail value (constant 2023 prices) sales predicted to drop slightly in 2024.
The owners of brands across price segments are exploring the use of more eco-friendly alternatives to materials like leather and silk, which are key components of apparel accessories. Further innovation regarding alternatives like apple leather, mushroom leather and orange fibres shows a clear opportunity for apparel accessories to support the sustainable practice and offer the low carbon footprint products consumers are increasingly demanding.
Retail sales growth of apparel accessories may be slowed by the increasing popularity of pre-owned, recycled and rented items. While resale is not a new concept, the financial pressures experienced by Czech consumers have accelerated exploration into cheaper ways to access both mass and premium products.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Czech Republic 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 Czech Republic, 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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