Key Market Indicators
In 2021, India ranked number 42, overtaken by Poland at $220,640. The United States, Netherlands and Germany respectively ranked numbers 1, 2 and 3 in this ranking. India's exports of clothing accessories fell by a staggering 65% in 2021, compared to the year before, according to the latest figures. In the last 28 years, exports have declined by 34%. Bahrain overtook India to become the 66th largest exporter in 2021. The US, Belgium, and Malaysia took the next three spots. Imports of clothing accessories in India are estimated to rise to $257,140 by 2026, from $218,040 in 2021. This is a growth of 2.8% per year since 1993. India was overtaken by Poland in 2021, and currently stands at 42nd place in the list of largest importers. The US, Netherlands, and Germany were the top three in the list.
India Clothing Accessories Market Data and Forecasts
How much will India Clothing Accessories Market grow?
More in Clothing Accessories Industry for 2028Improve 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