The trend of accessorising is expected to continue driving growth in apparel accessories in Colombia. Social media and fashion influencers have popularised the mix-and-match approach, where basic outfits are elevated with trend-forward accessories, allowing consumers to express their individuality.
In the coming years, the prices of most apparel accessories are expected to slow down, mainly due to increased competition in the sector. The competitive landscape is highly fragmented, with many unbranded products becoming more common, particularly as consumers face financial pressures stemming from a weakened economy.
The apparel accessories market is becoming increasingly dynamic, with the entry of new players and the fusion of fast fashion innovations. One of the most notable new entrants is the Argentine company Blue Star Group (BSG), which has announced its plans to open stores in Colombia under its Todomoda and Isadora brands.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Colombia 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 Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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