Malaysia Clothing Accessories Industry Outlook 2022 - 2026

Key Market Indicators

In 2021, the country came in sixth place, with Belgium coming in first with $1,259,300. The United States, Belgium, France, Germany and Malaysia respectively came in numbers 1, 2, 3, 4 and 6 in this ranking. Malaysian clothing accessories exports are expected to fall by 0.6% year-on-year on average, reaching $10.8 million by 2026. This is down from $11.2 million in 2021, when it placed fourth in the world. Belgium overtook the country to take second place. The United States, Belgium and Malaysia were the top three in 2021. Imports of Malaysian clothing accessories are expected to reach $1.4 million by 2026, rising 1.7% year-on-year on average. This is up from $1.3 million in 2021, when it placed sixth in the world. Belgium was first in 2021, followed by the United States, France, Germany and Malaysia. Since 1994, demand for Malaysian accessories has grown 11% year-on-year.

Malaysia Clothing Accessories Market Data and Forecasts

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