The market for handkerchiefs, shawls, scarves, veils, ties, cravats, gloves, and other made-up clothing accessories in Ireland demonstrated significant fluctuations from 2013 to 2023. In 2023, the market stood at 37.887 million Euros. There was a notable dip in 2020 due to the pandemic, with a year-on-year variation of -16.67%. Since then, the market rebounded, showing a steady increase, including a 6.85% growth from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) was 1.35%, highlighting moderate long-term growth.
Future trends to watch for include:
- Potential growth driven by fashion trends and increasing focus on sustainable and eco-friendly accessories.
- Technological advancements enabling innovative products like smart textiles.
- Influence of global economic conditions and evolving consumer preferences.
- The potential impact of Brexit-related trade adjustments on supply chains and pricing.
How does Ireland rank in Handkerchiefs, Shawls, Scarves, Veils, Ties, Cravats, Gloves and Other Made-Up Clothing Accessories Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 280,000,000 | 2023 | +1.36% | +1.06% | View data |
| 2 | 2 Germany | 196,390,000 | 2023 | -5.16% | -3.19% | View data |
| 3 | 3 Romania | 124,510,000 | 2023 | +4.84% | +4.16% | View data |
| 4 | 4 Austria | 87,848,000 | 2023 | +1.24% | +2.39% | View data |
| 5 | 5 Ireland | 37,887,000 | 2023 | +6.85% | +1.35% | |
| 6 | 6 Bulgaria | 34,276,000 | 2023 | -0.37% | +0.039% | View data |
| 7 | 7 Finland | 32,294,000 | 2023 | -1.16% | -2.38% | View data |
