Over the last two observations, the revenue is forecast to significantly increase in all segments. Comparing the two different segments for the year 2029, the segment 'Watches & Jewelry' leads the ranking with 6.5 billion U.S. dollars. Contrastingly, 'Luggage & Bags' is ranked last, with 4.98 billion U.S. dollars. Their difference, compared to Watches & Jewelry, lies at 1.52 billion U.S. dollars.
The Accessories market comprises wearable, fashionable accessories that complement a person's outfit such as Watches, Jewelry, Suitcases, Bags, Wallets, Handbags and other containers for private end consumers. This market includes both fashion jewelry and high jewelry of precious materials such as gold, silver, or titanium. Therefore, both non-branded items and brands such as Rolex, Cartier, and Louis Vuitton are covered. Consequently, the differences in price levels are considerable. There are also disparities regarding distribution, as accessories can be bought from exclusive, expensive luxury boutiques, brick-and-mortar multi-label businesses (department stores), vertically integrated clothing companies (H&M, Primark) as well as e-commerce or mail order companies. The Accessories market does not include watch parts or watchbands, non-wearable items or protective bags and cases for electronic devices such as notebooks or cameras.
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Statista Market Insights. (September 27, 2024). Revenue in the Accessories market for different segments Russia from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/forecasts/1441864/revenue-accessories-market-for-different-segments-russia
Statista Market Insights. "Revenue in the Accessories market for different segments Russia from 2018 to 2029 (in billion U.S. dollars)." Chart. September 27, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/forecasts/1441864/revenue-accessories-market-for-different-segments-russia
Statista Market Insights. (2024). Revenue in the Accessories market for different segments Russia from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/forecasts/1441864/revenue-accessories-market-for-different-segments-russia
Statista Market Insights. "Revenue in The Accessories Market for Different Segments Russia from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1441864/revenue-accessories-market-for-different-segments-russia
Statista Market Insights, Revenue in the Accessories market for different segments Russia from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1441864/revenue-accessories-market-for-different-segments-russia (last visited December 23, 2024)
Revenue in the Accessories market for different segments Russia from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1441864/revenue-accessories-market-for-different-segments-russia