In 2023, apparel accessories has been encountering a range of challenges, shaped by the persistent casualisation trend and economic fluctuations. These challenges are expected to continue influencing the demand for apparel accessories throughout the forecast period with only a negligible volume CAGR expected.
Apparel accessories is a dynamic environment, ever-evolving, with the fusion of fast fashion innovations and the emergence of new marketplace players. In September 2023, global fashion marketplace Shein made a bold move by launching Styletopia, a pop-up site in Melbourne’s Clifton Street Markets.
In the world of apparel accessories, fashion trends are set to remain a driving force behind impulse purchases. The “more is more” trend, also known as dopamine dressing, has emerged as a way to boost mood through clothing.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Australia 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 Australia, 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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