PROSPECTS AND OPPORTUNITIES
Growing demand for apparel accessories driven by Vision 2030 and female empowerment
During the forecast period, sales of apparel accessories in Saudi Arabia are expected to benefit from the country’s ongoing economic diversification under the government’s Vision 2030 strategy. Key drivers such as increasing foreign direct investment (FDI), robust population growth, and non-oil GDP expansion are all contributing to a rise in disposable incomes.
Shifting retail landscape will contribute to growth
Sales of apparel accessories in Saudi Arabia are poised to benefit from the Kingdom's efforts to attract 100 million visitors by 2030. With ongoing investments in expanding retail and shopping destinations, the country is positioning itself as a leading retail hub.
Sustainable fashion and fitness trends will shape demand
Consumers’ growing interest in sustainable fashion is set to significantly influence sales of apparel accessories in Saudi Arabia, moving forward. As global awareness of environmental issues rises, both international and local brands are increasingly adopting sustainable production techniques and eco-friendly materials.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in Saudi Arabia 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 Saudi Arabia, 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 Saudi Arabia 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 Saudi Arabia?
- Which are the leading brands in Saudi Arabia?
- How are products distributed in Saudi Arabia?
- 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 Saudi Arabia?
- Where is future growth expected to be most dynamic?
Apparel Accessories in Saudi Arabia - Category analysis
KEY DATA FINDINGS
Growing female workforce participation and shifting fashion trends offer potential
Rise of e-commerce enhances access to apparel accessories
Cenomi Retail continues to lead the market
Growing demand for apparel accessories driven by Vision 2030 and female empowerment
Shifting retail landscape will contribute to growth
Sustainable fashion and fitness trends will shape demand
Apparel and Footwear in Saudi Arabia - 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.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!