Retail volume sales of apparel accessories will continue to fall during the five years to 2028, although the rate of decline will moderate as the forecast period progresses. Other apparel accessories will see the weakest performance, due to the fact that the wearing of facemasks in public places is no longer mandatory.
The working from home trend is likely to persist in Spain over the forecast period, with some companies even reducing the amount of office space they lease as more employees work remotely. This will have a negative effect on demand for apparel accessories, such ties and belts, as consumers increasingly seek out more casual, comfortable looks.
The COVID-19 had a considerable impact on the purchasing habits of Spanish consumers, with a growing preference for experiences over material goods. Historically, apparel accessories have been viewed as popular gifts, with sales very much linked to the festive season.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Spain 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.
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Apparel Accessories
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 DefinitionsThis report originates from Passport, our Apparel Accessories research and analysis database.
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