It is possible that some health-sensitive and vulnerable consumers continue to wear cloth facemasks in public settings, even although such is no longer a requirement. For example, consumers may choose to wear masks in shops during influenza season, or when visiting a doctor’s surgery or hospital.
Casual dress styles will continue to diminish sales of formal apparel accessories, such as ties, bow ties, formal hats, suspenders, tie clips, and cufflinks. Indeed, accessories which used to accompany formal outfits are being increasingly seen as outdated in the light of the new day-to-day fashion styles, whereby consumers are more likely to jazz up and outfit with a pair of trendy socks instead of a trendy colourful tie.
During the lockdowns, online small businesses of apparel accessories, such as caps, hats, and hair accessories (brooches, garters, bandanas, headbands, and tiaras), as well as rings, bracelets, and earrings made from sustainable materials (recycled resins, wood, fabric, and paper), experienced significant growth because they were readily available products and shopping opportunities were limited due to the closure of physical outlets. However, after the reopening of department and speciality stores, especially for fast-fashion products, purchases shifted back to the physical channel, as shipping costs were seen as a disadvantage for online transactions – especially when purchasing lower-cost items.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Mexico 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 Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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