As ties are usually made from good quality fabric with some featuring really beautiful prints, industry players could endeavour to find a new use for ties or even extend their use to womenswear in order to broaden the category’s scope and extend its appeal. According to the catwalks, designers are moving away from classic stereotypes in order to give their designs an edge.
The lifting of COVID-19 restrictions has enabled more people to start engaging in outdoor activities and activities such as hiking are expected to grow in popularity over the forecast period as consumers look to lead more active lifestyles. This should help to drive growth of apparel accessories such as gloves and hats/caps, especially from outdoor apparel brands such Decathlon which is considered the entry brand for any sport among consumers.
As a result of the backdrop of an economic recession, many consumers are predicted to remain cautious in their spending and are set to prioritise essentials, such as food and healthcare. Moreover, when considering the purchase of non-essential terms, consumers are expected to continue to look for price deals, with a high propensity for purchasing during sales seasons.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Colombia 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 Colombia, 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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