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.
Improve your Knowledge with the latest Indicators and Trends
-
Apparel Segment Uncovered: Navigating Trends in Footwear, Accessories, and Luxury Lines
In recent years, Taiwan's apparel and footwear market has noticeably expanded. Consumer demand remains robust, stimulated by factors such as increased purchasing power, evolving fashion trends, and the sustained relevance of sportswear. Sportswear is captivating due to advancements in textile technology which marry comfort and style, driving consumers to include...
Discover more insights -
Gifts, Novelty and Souvenirs: Unveiling Market Trends Amid Pandemic, Conflict and Inflation
The COVID-19 pandemic has significantly affected the gifts, novelty, and souvenirs segment. The closure of physical stores amid lockdown measures resulted in a considerable downturn. However, e-commerce has seen remarkable growth as consumer habits shifted online. Many businesses have thus embarked on digital transformation to reach consumers, mitigate losses and...
Discover more insights -
Winter Sports Gear: Unmasking the Dynamics of the Snow Goggles Market
Several variables influence the demand for snow goggles. Primarily, the increasing popularity of winter sports like skiing and snowboarding stirs the need. Another catalyzing factor is the heightened awareness about the protection required for the eyes in harsh, snowy conditions. Additionally, consumer preference for technologically advanced equipment, such as anti-fog...
Discover more insights -
Furniture and Clothing Wholesaling: Intricacies of Global Market Trends and Performance
The proliferation of digital possibilities and globalized supply chains are creating a dynamic marketplace for wholesalers in the furniture and clothing sectors. This grants them access to a broader range of goods to offer their clients. Nevertheless, these opportunities also bring their own challenges, such as increased competition and the...
Discover more insights -
Handbag and Luggage Sector: An Insight into Trends, Opportunities, and Market Dynamics
The global handbag and luggage industry is shaped by several key factors. From a demographic perspective, rising middle-class populations, particularly in emerging economies, have spurred the growth of consumer goods markets – handbags and luggage are no exception. Moreover, the ascent of e-commerce platforms and the incorporation of innovative materials...
Discover more insights