Although the average unit price of apparel accessories in the UK has continued to rise in 2024, the influence of external factors that continue to drive up costs is expected to ease. However, the impacts of consumer spending habits and market polarisation will likely continue into the forecast period, as consumers will remain aware of their economic positioning and apprehensive about non-essential spending.
Innovation within apparel accessories in the UK remained challenging in 2024, as such design development is fairly limited within key product categories. Therefore, innovation could be driven by textile development and increased sourcing responsibility to appeal to conscious consumers.
As the growing impact of the second-hand market on apparel accessories in the UK continues to be felt, retailers should continue to focus their investment on developing their own second-hand and resale platforms to capitalise on the secondary market. This may help offset the impact of lower sales thresholds on the primary market due to resale prospects.
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Understand the latest market trends and future growth opportunities for the Apparel Accessories industry in United Kingdom 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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