Key Market Indicators
The country was ranked number 34 in 2021, Denmark overtook with $61,180. The United Arab Emirates, Spain and Germany respectively were numbers 2, 3 and 4 in this ranking. The global clothing accessories market is set to reach $3.08 billion by 2026, growing at a year-on-year compound annual growth rate (CAGR) of 1.4%. This is an increase of 1.8% on the market in 2020, which was worth $2.84 billion. France, the United Kingdom and Canada came in at numbers 2, 3 and 4 respectively in the market ranking. Moroccan clothing accessories export is set to reach $440,420 by 2026, with a year-on-year CAGR of 4.2%. This is a rise of 22.6% since 1998. The country ranked number 26 in 2021, with Ireland overtaking with $341,250. The United States, Belgium and Malaysia were numbers 2, 3 and 4 respectively in the market ranking. Meanwhile, Moroccan clothing accessories import is set to reach $52,220 by 2026, falling by an average of 2.7% year-on-year. Since 1998, Moroccan demand has dropped by 2.9% year-on-year. In 2021, the country ranked number 34, with Denmark overtaking with $61,180. The United Arab Emirates, Spain and Germany were numbers 2, 3 and 4 respectively in the market ranking.