Category: Apparel
Apparel market research reports by Euromonitor International
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Traditional and Connected Watches in Japan
Traditional and Connected Watches in Japan Increasing unit prices has been a decades-long trend in traditional watches. Especially after the COVID-19 pandemic, unit prices rose by over 10% YoY from 2020 to 2022. The last decade also saw numerous years of volume decline. A main reason behind this was ... Read More
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Traditional and Connected Watches in Mexico
Traditional and Connected Watches in Mexico The positive volume and current value performances expected for traditional and connected watches in Mexico in 2023 can be attributed to post-pandemic economic recovery, stability in employment, and progress in consumer spending. This is closely linked to ... Read More
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Traditional and Connected Watches in Australia
Traditional and Connected Watches in Australia In 2023, traditional watches is set to witness a stronger decline in volume sales and slower growth in current value terms than in the previous year in Australia. This deceleration can be attributed to consumers curtailing their spending on discretionar ... Read More
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Traditional and Connected Watches in the Netherlands
Traditional and Connected Watches in the Netherlands Despite a projected decline in luxury product demand in the Netherlands, mechanical watches continue to garner enthusiasm and promotional efforts. Mainstream manufacturers' consistent introduction of new models forecasts steady growth for mechanic ... Read More
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Jewellery in the United Arab Emirates
Jewellery in the United Arab Emirates In 2023, a notable development was noted within jewellery when Snapchat collaborated with Cartier to develop a virtual try-on filter in the United Arab Emirates. Within Snapchat, there exists a built-in shopping platform known as Snapchat Minis. This platform en ... Read More
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Personal Accessories in Romania
Personal Accessories in Romania Even though inflation remained high in Romania in 2023, personal accessories saw growth in both current value and volume terms. Romanians are increasingly preoccupied with improving their personal image, and despite declining purchasing power, they continue to demonst ... Read More
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Personal Accessories in Japan
Personal Accessories in Japan In 2023, there was a symbolic pivot in how Japan faced COVID-19. It was in May that the government announced that it would reclassify COVID-19 from a Class 2 infectious disease to a Class 5 infectious disease. Class 2 meant it was a crucial disease that the government n ... Read More
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Jewellery in the US
Jewellery in the US Following incredible double-digit current value growth for jewellery in 2021, decline was witnessed in 2022, and this is expected to worsen in 2023, before returning to growth in the forecast period. Fine jewellery, the star category which led post-pandemic recovery, is now facin ... Read More
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Selling Jewellery to Gen Z: Opportunities and Challenges
Selling Jewellery to Gen Z: Opportunities and ChallengesTo boost sales, the jewellery industry must focus on Gen Z, which comprises over 23% of the population and has growing purchasing power. The industry faces the challenge of aligning with Gen Z’s values to secure their attention and spending. Te ... Read More
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Personal Accessories in Australia
Personal Accessories in Australia In the challenging economic climate of 2023, personal accessories is navigating a landscape marked by hyperinflation and economic uncertainty. The slowing of sales growth observed in the latter half of 2022 appears to be continuing in 2023, as consumers grapple with ... Read More
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Bags and Luggage in the United Kingdom
Bags and Luggage in the United Kingdom Bags and luggage is set to maintain growth in both retail volume and current value terms in the UK in 2023. Although volume sales are expected to increase in most categories, it is significant to note that luggage is anticipated to see the most significant incr ... Read More
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Traditional and Connected Watches in China
Traditional and Connected Watches in China In 2023, following the post-COVID-19 reopening, traditional and connected watches in China began to gradually recover, particularly after travel and health restrictions were lifted. After seeing a strong decline in 2022, the category is set to see some reco ... Read More
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Traditional and Connected Watches in Indonesia
Traditional and Connected Watches in Indonesia Traditional and connected watches registered relatively modest growth in constant value terms in 2023, when compared to the previous year. This was due to the declining fortunes of quartz analogue watches, which represented the largest category in terms ... Read More
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Jewellery in the Netherlands
Jewellery in the Netherlands Jewellery, as a product area, is anticipated to experience positive albeit subdued growth in 2023. Economic uncertainty coupled with escalating prices has led to a more cautious approach among Dutch consumers regarding expenditure on non-essential items. However, the com ... Read More
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Jewellery in Thailand
Jewellery in Thailand In 2023, overall jewellery is set to register a decline in current value terms, despite low growth in retail volume terms. This is expected to result in minimal value growth across overall personal accessories, as jewellery accounted for nearly 50% of value sales of personal ac ... Read More
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Bags and Luggage in China
Bags and Luggage in China The resurgence of both volume and current value sales of bags and luggage is anticipated in 2023 overall, primarily owing to the relaxation of pandemic constraints and the lifting of restrictions in the early months of the year. As offline activities have resumed in tandem ... Read More
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Jewellery in Mexico
Jewellery in Mexico Jewellery is set to see positive performances in both retail volume and current value terms in 2023. This is largely due to post-pandemic economic recovery, the return to stability in employment, and progress in consumer spending. This is closely tied to the return of in-person a ... Read More
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Jewellery in China
Jewellery in China Following the end of the zero-COVID policy, sales of jewellery, which remained stagnant in 2022, have witnessed a resurgence in 2023, with double-digit current value growth expected in the year overall. The increasing prevalence of social activities, and the rising demand for trip ... Read More
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Personal Accessories in China
Personal Accessories in China With the end of the zero-COVID policy, personal accessories, which experienced a contraction in 2022 in both retail volume and current value terms, is set to exhibit robust signs of recovery in 2023 overall. This resurgence has notably been driven by the renewed vibranc ... Read More
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Personal Accessories in South Korea
Personal Accessories in South Korea Continuing high inflation and financial constraints derived from the unstable global economy have discouraged consumer spending on discretionary items, which is set to result in slower retail volume and current value growth for personal accessories in 2023 compare ... Read More
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Personal Accessories in Mexico
Personal Accessories in Mexico Personal accessories in Mexico is set to demonstrate retail volume and current value growth in 2023, primarily influenced by widespread vaccination efforts in Mexico, and the official conclusion of the state of emergency for the COVID-19 pandemic in the second quarter ... Read More
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Traditional and Connected Watches in Romania
Traditional and Connected Watches in Romania The challenging economic climate has significantly impacted consumer behaviour in Romania when it comes to watches. Some consumers, whose budgets have been constrained by inflation, have opted for more affordable products or delayed their purchases, while ... Read More
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Jewellery in Italy
Jewellery in Italy Jewellery performed well in Italy in 2023 despite a high rate of inflation and an increase in prices, especially for fine jewellery, which saw stronger growth than custom jewellery in both volume and value terms during the year. In fact, the consumption of jewellery remained resil ... Read More
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Personal Accessories in Thailand
Personal Accessories in Thailand Sales of personal accessories are expected to show continued signs of recovery in the market in 2023, despite factors hindering growth, such as local political uncertainty, higher household debt, high rates of inflation, and higher consumer expenditure on living cost ... Read More
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Jewellery in Indonesia
Jewellery in Indonesia Retail sales of jewellery saw vastly accelerated growth in both volume and constant value terms in 2023. Such products are a key contributor to the Indonesian economy, with gold jewellery, in particular, being valued as both a symbol of wealth and cultural heritage. As such, g ... Read More
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