Global Clothing Accessories Market Overview:
Clothing accessories are essential for clothing. Nowadays, People have different attitudes to fashion. Especially women are very choosy and particular about what to wear and like to spend a lot of money on clothes. Some people buy ready-made clothes, others prefer to have them made to measure or buy them at second-hand shops. Increasing demand of clothes is projected the growth of the market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
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:
Growing Demand for Variety of Clothes
Market Growth Drivers:
Increasing the Textile Industry Globally, Rising Demand for the Clothes Due to Rising Population and Increasing Disposable Income of People in Emerging Economies
Challenges:
Intense Competition among the Competitors
Opportunities:
Rising Production of the Clothes is Propelling the Demand of the Clothing Accessories in the Forecast Period
Competitive Landscape:
Clothing Accessories market is a fragmented market due to the presence of a large number of established competitors. The key players focus on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions to help them sustain themselves in the market and maintain their competitive edge.
Some of the key players profiled in the report are YKK Corporation (Japan), WeiXing Co., Ltd (China), YBS Zipper (China), KAO SHING ZIPPER CO., LTD. (Taiwan), IDEAL Fastener Corporation (United States), Coats Group plc (United Kingdom), Salmi Oy (Finland), HHH Zipper (Korea), SANCRIS (Brazil) and UCAN Zipper USA (United States). The Vendors having a strong hold in the market are YKK Corporation, WeiXing Co., Ltd, YBS Zipper, and KAO SHING ZIPPER CO., LTD.. Additionally, following companies can also be profiled that are part of our coverage like KCC Zipper (Taiwan). Analyst at AMA Research see Asian Vendors to retain maximum share of Global Clothing Accessories market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. OEMs will boost the Clothing Accessories market. Considering Market by Sales Channel, the sub-segment i.e. OEM will boost the Clothing Accessories market.
Latest Market Insights:
In June 2023, Coats Group Plc, a leading industrial thread manufacturer, created a new footwear division following the acquisition of Texon and Rhenoflex in 2022. Following a period of integration, the group launched Coats Footwear, a global powerhouse serving footwear and accessories producers globally. We offer a wider range of component and material solutions along with unrivaled expertise and technical know-how.
What Can be Explored with the Clothing Accessories Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Clothing Accessories Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Clothing Accessories
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 Clothing Accessories 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 Clothing Accessories 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 Clothing Accessories Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other.
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.