Given the impact of rising inflation on household incomes, the pace of recovery will be affected over the coming years. Apparel accessories are often nice-to-haves, and unessential and, therefore, are more vulnerable to fluctuations in disposable incomes.
As the recovery of business and business travel is expected to gather pace, demand for ties will increase, and sales towards the end of the forecast period will fully recover. Given that only a few companies in Greece are set to adopt hybrid working models permanently, growth in ties will not be affected.
Sales of fashion face masks is expected to decline further over the forecast period, regardless of whether regulations regarding the compulsory use of masks in indoor spaces may be re-introduced. This is due to consumers' migration to surgical and FFP masks that have a competitive advantage over fashion masks, having the better capacity to protect consumers from the virus.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Greece 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 Greece, 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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