Market Overview:
The global premium fashion accessories market is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for luxury and designer products, rising disposable income, and growing trend of online shopping. Based on type, the global premium fashion accessories market is segmented into jewelry, hair accessories, glasses, bags and others. Among these segments, jewelry accounted for the largest share in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to increase in demand for luxury watches and diamond jewelry among consumers across the globe. Based on application, below 18 years old segment accounted for majority of share in 2017 followed by 18-25 years old segment owing to high spending capacity of youngsters coupled with their inclination towards latest trends in fashion industry.
Product Definition:
The definition of premium fashion accessories is something that is high in quality and often more expensive than other items in the same category. The importance of premium fashion accessories lies in the fact that they can elevate an outfit to a new level, making it look more polished and put together. They can also add a touch of luxury, which can be especially important for special occasions.
Jewelry:
Jewelry is fashion accessories that are worn for aesthetic purposes and have no real functional value. The primary function of jewelry is to decorate the body, which can be done by means of rings, necklaces, earrings, broaches or cuffs. Jewelry also serves as a status symbol and an indication of one's ability to afford expensive jewelry; it projects one's financial strength.
Hair Accessories:
Hair accessories are used for making changes to the appearance of hair. They are widely used by both men and women. The market is driven by growing demand for trendy products such as barrettes, headbands, clips, scrunchies and other similar products that help in adding volume to the hair. Increasing awareness among consumers regarding self-grooming coupled with changing fashion trends has led to an increase in demand for these accessories which thereby drives industry growth over the forecast period.
Application Insights:
The application segment is bifurcated into below 18 years old, 18 to 25 years old, and above 55 years old. The below 18 age group dominated the market in 2017 owing to increasing awareness about products for school and college going students among parents. This trend is expected to continue over the forecast period as majority of consumers prefer shopping online for these products due to ease of payment facilities and availability of various discounts offered by e-commerce portals.
The premium fashion accessories market has witnessed significant growth among women aged 35 to 55 years as they are considered fashionable & sophisticated individuals who have a deep interest in fashion trends & fads. These women are highly influenced by peers which results in high demand for such accessories during this age group across regions especially Asia Pacific where social norms allow dressing up yourself with different types of bags, glasses, scarves & ties etcetera which boosts sales further.
Regional Analysis:
Asia Pacific dominated the global premium fashion accessories market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing disposable income, changing lifestyles, and rising popularity of western trends. In addition, growing demand for luxury brands and preference for branded jewelry are some other factors driving regional market growth. Europe accounted for a significant share in the global premium fashion accessories industry due to high purchasing power parity of consumers along with presence of a large number of luxury brands that cater towards women wear apparel products such as handbags and jewelry.
Growth Factors:
- Increasing disposable income of consumers: The growth in the premium fashion accessories market is mainly attributed to the increasing disposable income of consumers, especially in developing countries. This has led to an increase in demand for luxury products, including premium fashion accessories.
- Rising popularity of online shopping: The growth of online retailing is another major factor that is contributing to the growth of the premium fashion accessories market. Consumers are increasingly preferring to shop for luxury products online as it offers them a wider choice and convenience.
- Growing trend of personalization: Another key trend that is driving demand for premium fashion accessories is personalization, which refers to customization or tailoring of products as per individual preferences and needs. This has led to an increase in demand for unique and customized products, including designer handbags, sunglasses, etc., boosting sales revenues for players operating in this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Premium Fashion Accessories Market Research Report
By Type
Jewelry, Hair Accessories, Glasses, Bags, Others, Premium Fashion Accessorie
By Application
Below 18 Years Old, 18 to 25 Years Old, 25 to 35 Years Old, 35 to 55 Years Old, Above 55 Years Old
By Companies
LV, Chanel, Burberry, Adidas, Nike, Fielmann, Safilo Group, Luxottica Group, Tapestry, Fossil Group, Gucci, Prada, Tory Burch, Essilor International, Premium Fashion Accessorie
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Premium Fashion Accessories Market Report Segments:
The global Premium Fashion Accessories market is segmented on the basis of:
Types
Jewelry, Hair Accessories, Glasses, Bags, Others, Premium Fashion Accessorie
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Below 18 Years Old, 18 to 25 Years Old, 25 to 35 Years Old, 35 to 55 Years Old, Above 55 Years Old
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LV
- Chanel
- Burberry
- Adidas
- Nike
- Fielmann
- Safilo Group
- Luxottica Group
- Tapestry
- Fossil Group
- Gucci
- Prada
- Tory Burch
- Essilor International
- Premium Fashion Accessorie
Highlights of The Premium Fashion Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Jewelry
- Hair Accessories
- Glasses
- Bags
- Others
- Premium Fashion Accessorie
- By Application:
- Below 18 Years Old
- 18 to 25 Years Old
- 25 to 35 Years Old
- 35 to 55 Years Old
- Above 55 Years Old
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Premium Fashion Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Premium fashion accessories are items that are typically more expensive than other types of fashion accessories. They may be made from high-quality materials, have intricate designs, or be unique in some way.
Some of the major companies in the premium fashion accessories market are LV, Chanel, Burberry, Adidas, Nike, Fielmann, Safilo Group, Luxottica Group, Tapestry, Fossil Group, Gucci, Prada, Tory Burch, Essilor International, Premium Fashion Accessorie.
The premium fashion accessories market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Premium Fashion Accessories Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Premium Fashion Accessories Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Premium Fashion Accessories Market - Supply Chain
4.5. Global Premium Fashion Accessories Market Forecast
4.5.1. Premium Fashion Accessories Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Premium Fashion Accessories Market Size (000 Units) and Y-o-Y Growth
4.5.3. Premium Fashion Accessories Market Absolute $ Opportunity
5. Global Premium Fashion Accessories Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Premium Fashion Accessories Market Size and Volume Forecast by Type
5.3.1. Jewelry
5.3.2. Hair Accessories
5.3.3. Glasses
5.3.4. Bags
5.3.5. Others
5.3.6. Premium Fashion Accessorie
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Premium Fashion Accessories Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Premium Fashion Accessories Market Size and Volume Forecast by Application
6.3.1. Below 18 Years Old
6.3.2. 18 to 25 Years Old
6.3.3. 25 to 35 Years Old
6.3.4. 35 to 55 Years Old
6.3.5. Above 55 Years Old
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Premium Fashion Accessories Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Premium Fashion Accessories Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Premium Fashion Accessories Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Premium Fashion Accessories Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Premium Fashion Accessories Demand Share Forecast, 2019-2026
9. North America Premium Fashion Accessories Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Premium Fashion Accessories Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Premium Fashion Accessories Market Size and Volume Forecast by Application
9.4.1. Below 18 Years Old
9.4.2. 18 to 25 Years Old
9.4.3. 25 to 35 Years Old
9.4.4. 35 to 55 Years Old
9.4.5. Above 55 Years Old
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Premium Fashion Accessories Market Size and Volume Forecast by Type
9.7.1. Jewelry
9.7.2. Hair Accessories
9.7.3. Glasses
9.7.4. Bags
9.7.5. Others
9.7.6. Premium Fashion Accessorie
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Premium Fashion Accessories Demand Share Forecast, 2019-2026
10. Latin America Premium Fashion Accessories Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Premium Fashion Accessories Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Premium Fashion Accessories Market Size and Volume Forecast by Application
10.4.1. Below 18 Years Old
10.4.2. 18 to 25 Years Old
10.4.3. 25 to 35 Years Old
10.4.4. 35 to 55 Years Old
10.4.5. Above 55 Years Old
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Premium Fashion Accessories Market Size and Volume Forecast by Type
10.7.1. Jewelry
10.7.2. Hair Accessories
10.7.3. Glasses
10.7.4. Bags
10.7.5. Others
10.7.6. Premium Fashion Accessorie
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Premium Fashion Accessories Demand Share Forecast, 2019-2026
11. Europe Premium Fashion Accessories Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Premium Fashion Accessories Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Premium Fashion Accessories Market Size and Volume Forecast by Application
11.4.1. Below 18 Years Old
11.4.2. 18 to 25 Years Old
11.4.3. 25 to 35 Years Old
11.4.4. 35 to 55 Years Old
11.4.5. Above 55 Years Old
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Premium Fashion Accessories Market Size and Volume Forecast by Type
11.7.1. Jewelry
11.7.2. Hair Accessories
11.7.3. Glasses
11.7.4. Bags
11.7.5. Others
11.7.6. Premium Fashion Accessorie
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Premium Fashion Accessories Demand Share, 2019-2026
12. Asia Pacific Premium Fashion Accessories Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Premium Fashion Accessories Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Premium Fashion Accessories Market Size and Volume Forecast by Application
12.4.1. Below 18 Years Old
12.4.2. 18 to 25 Years Old
12.4.3. 25 to 35 Years Old
12.4.4. 35 to 55 Years Old
12.4.5. Above 55 Years Old
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Premium Fashion Accessories Market Size and Volume Forecast by Type
12.7.1. Jewelry
12.7.2. Hair Accessories
12.7.3. Glasses
12.7.4. Bags
12.7.5. Others
12.7.6. Premium Fashion Accessorie
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Premium Fashion Accessories Demand Share, 2019-2026
13. Middle East & Africa Premium Fashion Accessories Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Premium Fashion Accessories Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Premium Fashion Accessories Market Size and Volume Forecast by Application
13.4.1. Below 18 Years Old
13.4.2. 18 to 25 Years Old
13.4.3. 25 to 35 Years Old
13.4.4. 35 to 55 Years Old
13.4.5. Above 55 Years Old
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Premium Fashion Accessories Market Size and Volume Forecast by Type
13.7.1. Jewelry
13.7.2. Hair Accessories
13.7.3. Glasses
13.7.4. Bags
13.7.5. Others
13.7.6. Premium Fashion Accessorie
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Premium Fashion Accessories Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Premium Fashion Accessories Market: Market Share Analysis
14.2. Premium Fashion Accessories Distributors and Customers
14.3. Premium Fashion Accessories Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LV
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chanel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Burberry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Adidas
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nike
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fielmann
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Safilo Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Luxottica Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tapestry
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fossil Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gucci
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Prada
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tory Burch
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Essilor International
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Premium Fashion Accessorie
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
