PROSPECTS AND OPPORTUNITIES
From mountains to markets: Outdoor apparel accessories on the rise
In terms of consumer trends, outdoor activities continue to gain popularity as part of Chilean lifestyles. Chile is a mountainous country, and since the pandemic, the persistent interest among the local population in engaging in physical activity has not diminished.
E-commerce growth versus informal market competition
While e-commerce remains a crucial distribution channel for apparel accessories, it faces significant competition from the expanding informal market. This competition is primarily due to the ease with which entrepreneurs and smaller players can market and sell their accessories through various social media platforms and local fairs.
Collections of retro-inspired apparel accessories on the rise
Global fashion trends strongly influence the Chilean market, where consumers are constantly impacted by international trends. As evident in other categories such as jeans and footwear, the retrospective and vintage style has resonated strongly with younger generations, who seek styles inspired by previous decades such as the 1980s and 1990s.
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Overview:
Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Chile 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.
If you're in the Apparel Accessories industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Apparel Accessories in Chile report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Apparel Accessories in Chile?
- Which are the leading brands in Chile?
- How are products distributed in Chile?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Apparel Accessories in Chile?
- Where is future growth expected to be most dynamic?
Apparel Accessories in Chile - Category analysis
KEY DATA FINDINGS
Signs of dynamism in apparel accessories following falling sales
Low temperatures revive sales of winter accessories
Shein strengthens leadership of apparel accessories
From mountains to markets: Outdoor apparel accessories on the rise
E-commerce growth versus informal market competition
Collections of retro-inspired apparel accessories on the rise
Apparel and Footwear in Chile - Industry Overview
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
The following categories and subcategories are included:
Apparel Accessories
- Belts
- Gloves
- Hats/Caps
- Scarves
- Ties
- Other Apparel Accessories
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 definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Apparel Accessories research and analysis database.
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