Revenue in the Accessories market for different segments China 2018-2029

The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all two different segments by the end of the comparison period. Notably, the segment Watches & Jewelry stands out with the highest value of 171.74 billion U.S. dollars.

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Revenue in the Accessories market for different segments China from 2018 to 2029 (in billion U.S. dollars)

Characteristic	Watches & Jewelry	Luggage & Bags
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Supplementary notes

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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