Key Market Indicators
Chinese Clothing Accessories Export is projected to reach roughly $9.5 million by 2028, up from about $8.3 million in 2023. This represents an annual growth rate of 2.2%. Since 1997, China's supply of clothing accessories has increased by approximately 2.9% each year. In 2023, China ranked sixth in the global market, with the United States taking the lead at $8.3 million. The Netherlands, Malaysia, and Italy followed in the second, third, and fourth positions, respectively. On the import side, China's clothing accessories market saw a significant drop. Imports plummeted to around $64,000 in 2018, down from $214,000 in 2017, marking a 69.9% decline compared to the previous year. Since 1997, the demand for imported clothing accessories in China has decreased by an average of 20.4% annually.
