The forecast period looks positive for apparel accessories, with current value sales set to return to pre-pandemic levels by 2023. In terms of volume, sales will decline slowly and steadily, though will remain just above pre-pandemic levels at the end of the review period despite persistent falls.
Gloves’ recovery is likely to hampered as consumers continue to apply hand sanitisers, which can make wearing gloves cumbersome or inconvenient. Although the practice will gradually wane, this will deter some consumers from wearing gloves, as hand sanitisers are set to remain available and necessary in indoor public places, not least in shops, banks and post offices, and foodservice establishments, at least in the medium term.
Against the backdrop of an economic recession, many consumers are predicted to remain cautious of overspending. As in the COVID-19 crisis in 2020 and 2021, and in 2022 when inflation began to soar, they are set to prioritise essentials, such as food and healthcare.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Italy with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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 Definitions
This report originates from Passport, our Apparel Accessories research and analysis database.
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