The market size value per capita for silk accessories like shawls, scarves, mufflers, mantillas, and veils in the UK showed fluctuations from 2013 to 2023, originating at €0.48 and stabilizing at €0.5 in 2023. Notable year-on-year variation occurred with a significant drop in 2020 by 14.58%, but the recovery followed, reaching stability by 2021. The 5-year compound annual growth rate (CAGR) averaged at approximately 1.28% from 2018 to 2023.
Future trends to watch for include a growing demand for sustainable and ethically sourced silk products, potential market expansion through e-commerce, and an increasing consumer preference towards versatile and multifunctional fashion accessories.
