Global Fashion Belt Market Overview:
A belt is a flexible band or strap, typically made of leather or heavy fabric that is worn around the waist or over the hips and is usually smaller in circumference than the hips below. Belts are used to secure or hold clothing such as pants or other items of clothing in a manner similar to suspenders and garters. Some pants have belt loops around the waist that the belt goes through. Belts can have many uses, but they are widely used as a fashion accessory with many colors, styles, and finishes. In the heavy metal subculture, ball belts and studded belts are worn. Bags instead of bags were attached to belts to carry items such as purses, holsters, scabbards, inrōs, etc. Belts are most often secured with a type of metal buckle that ranges right from simple monochrome surfaces to elaborately decorated belt plates either with embossed or bas-relief images or multicolored logos. While the belts can be adjusted to fit the circumference of a person's waist, the belts are sold in different lengths due to different waist sizes. Belts are generally designed for men's or women's fashion, although some casual belts are unisex. Due to the size limitations of belt loops, a belt designed for use with belt loops cannot be too wide. In the case of women's belts to be worn over a dress, however, the belts can be wider, with some wide belts, so-called "waist belts", overlapping in appearance and function with corsets. In today's modern times, belts have developed from a purely everyday item to a fashion accessory. There are many unspoken rules for belts when it comes to the shape and color of the belt, especially for men wearing suits, compared to a woman's choice of belt, which is rooted in the fashion trend and not always out of necessity.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Growing Attraction for the Luxury Lifestyle
Market Growth Drivers:
Growing Purchasing Power, Increasing Urban Population and Growing Influence of Athleisure
Challenges:
The Changing Consumer Trends
Restraints:
Highly Competitive Nature of Fashion Industry
Opportunities:
The Growing Penetration of the Internet, Social Media and E-Commerce
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Prada (Italy), Loewe (Spain), Versace (Italy), Dockers (United States), Tommy Hilfiger (Netherlands), Target Corporation (United States), Topshop (United Kingdom), J.Crew (United States), & Other Stories (Stockholm), B-Low the Belt (United States), NISOLO (United States), Isabel Marant (France) and Mio Marino (United States). Analyst at AMA Research see European Vendors to retain maximum share of Global Fashion Belt market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Fashion Belt market. Considering Market by Material Type, the sub-segment i.e. Grommet will boost the Fashion Belt market.
What Can be Explored with the Fashion Belt Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fashion Belt Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fashion Belt
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fashion Belt market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fashion Belt market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Fashion Belt Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Research Organizations and End-Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.