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Country Report

Personal Accessories in

Personal Accessories in Australia

Aug 2020

US$1,210

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

COVID-19 impact on personal accessories

Personal accessories is being hit hard by the impacts of COVID-19 and we are seeing this as a global trend. In Australia, it is noted that COVID-19 happened shortly after the country suffered from the devastating bush fires in early 2020, thus creating an even further weakened economic environment.

COVID-19 country impact

Full lockdown commenced on 25 March in Australia, while from 23 March, pubs, clubs, cafés and restaurants closed, other than for takeaway. Gyms, cinemas and entertainment venues also closed.

Company response

There was a lot of company activity in personal accessories in 2019.

Retailing shift

The biggest shift seen in the retail environment is the move towards e-commerce. Bags and luggage, jewellery, watches, and writing instruments all saw huge shifts to e-commerce in 2019-2020, whereas other retail channels saw declines.

What next for personal accessories?

Personal accessories is expected to struggle, but negative impacts are also predicted to be shorter term. The key for players to recover and succeed depends very much on their ability to adapt to the changing environment and give consumers what they need.

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Samples

Personal Goods Market Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Personal Accessories industry in Australia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Personal Accessories industry in Australia, our research will save you time and money while empowering you to make informed, profitable decisions.

When you purchase this report, you also get the data and the content from these category reports in Australia for free:

The Personal Accessories in Australia market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

How are sales of luggage, backpacks and sports bags impacted by tourism flows?
Are sales of real jewellery catching up on costume jewellery in Australia?
Is mechanical, quartz digital or quartz analogue driving sales of watches in Australia?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our personal goods market research database.

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