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US Personal Accessories Market - Industry Size, Share, Trends, Opportunity and Forecast 2026 | TechSci Research
1. MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
UNITED STATES PERSONAL ACCESSORIES MARKET
FORECAST & OPPORTUNITIES
2016 – 2026
2. 2
Scope of Report
Product of Interest (POI): Personal Accessories
Personal accessories are combination of various products designed to provide
assistance to the consumer. Personal accessories are developed to enhance the
dressing trends of the consumers along with other unique features.
Market Segmentation
END USER
• Female
• Male
REGION
• South-Region
• West-Region
• Mid-West-Region
• Northeast-Region
DISTRIBUTION CHANNEL
• Exclusive Stores
• Multi-Brand Stores
• Specialty Stores
• Online Market
• Supermarket/Hypermarket
PRODUCT TYPE
• Jewelry
• Watches
• Bags & Wallet
• Others
• Eyewear
• Belts
• Caps & hats
• Others
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
TOP 10 LEADING
• California
• Texas
• Florida
• New York
• Illinois
• Massachusetts
• New Jersey
• Ohio
• Washington
• Michigan
3. 3
Table of Contents
S. No. Contents Page No.
1.
Product Overview (A brief description of the category and product inclusions considered under the
scope of the study to give clear picture to the client about the product of interest.)
2.
Research Methodology (A detailed methodology on how we have derived the market related
information and what are the measures that has been taken to validate the data.)
3. Impact of COVID-19 on United States Personal Accessories Market
4. Executive Summary
5. Voice of Customer
5.1. Factors Influencing Purchase Decisions
5.2. Brand Awareness
5.3. Challenges Faced by Customers
5.4. Preferred Distribution Channel
6. United States Personal Accessories Market Outlook, 2016-2026F
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1.
By Product Type (Jewelry, Watches, Bags & Wallet, and Others (Eyewear, Belts,
Caps & hats etc.))
6.2.2. By End User (Female, and Male)
6.2.3.
By Distribution Channel (Exclusive Stores, Multi-Brand Stores, Specialty Stores,
Online Market, Supermarket/Hypermarket)
6.2.4. By Region (South, West, North-East, and Mid-West)
6.2.5.
By Top 10 Leading (California, Texas, Florida, New York, Illinois, Massachusetts,
New Jersey, Ohio, Washington, and Michigan)
6.3. Market Map
4. 4
Table of Contents
S. No. Contents Page No.
7. United States Jewelry Market Outlook, 2016-2026F
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type (Diamond, Gold, Platinum, and Others (Silver, Pearls, etc.))
7.2.2. By End User
7.2.3. By Distribution Channel
8. United States Watches Market Outlook, 2016-2026F
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type (Analog, Digital, Fitness)
8.2.2. By End User
8.2.3. By Distribution Channel
9. United States Bags & Wallets Market Outlook, 2016-2026F
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1.
By Product Type (Tote, Clutch, Wallets, Satchel, and Others (Hobo, Saddle,
etc.))
9.2.2. By End User
9.2.3. By Distribution Channel
5. 5
Table of Contents
S. No. Contents Page No.
10. Market Dynamics (This chapter assesses the major demand drivers and restraints.)
10.1. Drivers
10.2. Challenges
11.
Market Trends & Developments (This section captures recent trends pertaining to manufacturing
or consumption, market movements in terms of points of production and consumption,
advancements and development)
12. Policy & Regulatory Landscape
13. United States Economic Profile
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Leading Companies)
14.2.1. Company Details
14.2.2. Products & Services
14.2.3. Financials (As Reported)
14.2.4. Key Market Focus & Geographical Presence
14.2.5. Recent Developments
14.2.6. Key Management Personnel
15. Strategic Recommendations (Based on the findings of the report strategic recommendations on
how to enter and expand market share)
16. About Us & Disclaimer
7. 7
Research Methodology
Identifying Key Opinion
Leaders
Questionnaire Design
In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the United States personal
accessories market, overall
market size and segmental
market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the United States personal
accessories market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
Recent Developments
Market Changing
Aspects/Dynamics
Government Policies
Conclusion
Market Participants
Key Strengths
LinkedIn
TechSci Internal
Database
Factiva
Hoovers
Paid Sources
Company Websites
Company Annual
Reports
White Paper Study
Financial Reports
Investor
Presentations
Regulatory Body
Associations, etc.
Secondary
Research
Primary Research
8. 8
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of United States personal accessories market. The
of this market, while considering the major influencing factors such as rising demand for new and fashionable shapes, silhouettes, and
forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in United States
Methodology Followed for Calculation of Market Size:
• Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive
secondary research and primary surveys, with various key opinion leaders/stakeholders, such as personal accessories companies,
experts, and other industry participants.
• The team interviewed more than 40 – 50 personal accessories companies, suppliers, 180 – 200 end user, 15 – 20 industry experts and
States personal accessories market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique.
market size was averaged out, to arrive at the market size data during 2016-2020.
9. 9
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by product type, by end user, by distribution channel, by top 10 leading and by region.
Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the
final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares by product type, by end user, by distribution channel, by top 10 leading and by region were calculated based on the responses received through primary surveys with
industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of personal accessories market. The final shares were
calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast United States personal accessories market, TechSci
Research used various forecast techniques such as:
Moving Average
Time Series Analysis
Regression Analysis
Econometric and Judgmental Analysis
10. 10
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data.
Partial List of Companies Interviewed Key Secondary Sources
LVMH Moët Hennessy Louis Vuitton Inc.
Tapestry, Inc.
Richemont North America Inc.
Apple Inc.
Kering Americas, Inc. (Gucci, Yves Saint Laurent, and
Bottega Veneta)
Pandora Jewelry Inc.
CHANEL, Inc.
The Swatch Group (U.S.) Inc.
PRADA USA Corp
Burberry Limited
World Bank
TechSci Research Proprietary Database & Knowledge Repository
Company Annual Reports
Industry Magazines
Industry Reports
Statista
News Dailies
Credible Paid Databases
11. 11
Industry Brief
Rising number of E-commerce platforms and continuous innovative trends within the fashion industry are driving the United States Personal Accessories market.
According to TechSci Research report, “United States Personal Accessories Market By Product Type (Jewelry, Watches Bags & Wallet, and Others (Eyewear, Belts, Caps & hats, etc.)), By End
User (Female, and Male), By Distribution Channel (Exclusive Stores, Multi-Brand Stores, Specialty Stores, Online Market, Supermarket/Hypermarket), By Region, Competition, Forecast &
Opportunities, 2026” the United States personal accessories market had grown to approximately USD92 billion in the year 2020 and it is further anticipated to grow with the CAGR of 8.15% by
2026, owing to the fact that United States is the largest fashion hub across the globe, and is the major contributor in personal accessories collection of different products designed to assist the
user.
Personal accessories are intended to complement a customer's fashion sense as well as other distinguishing characteristics. These personal accessories come in a variety of sizes and forms, and
they can also be customized to meet the needs of the customer. Personal accessory features such as ease of use, convenience, trendy touch, and basic purposes have created a trend among end
users that has acquired a lot of popularity in the last few years.
The coronavirus has caused the business models of the enterprises to modify according to the many short-term and maybe longer-term complications in sourcing merchandize to stock when many
fashionistas have evacuated big cities. The lack of physical social activities that stimulate high-end garment and accessory purchases, as well as the reality that many Americans are hunkered
down not just physically but financially and focused on purchasing for essentials. Even though many citizens had fled and lacked access to their personal closets, August 2021 saw a rebounding
situation as states like New York returned to growth in the month of July.
The United States Personal Accessories market consists of the following segments- product type, end user, distribution channel, region, and company. In terms of product type, the United States
personal accessories market is categorized into Jewelry, Bags & Wallet, Watches, and Others (Eyewear, Belts, Caps & hats etc.).
Among these, the watch market is the fastest-growing segment of the personal accessories market, with expected CAGR of approx. 10.34%. in 2026. Wearing a watch is a kind of self-expression
that shows one's individuality and sense of style. The majority of people who wear watches do so as an accessory, that is, as a piece of jewelry that complements their style and appearance.
Furthermore, rising disposable income, additional features and affordable pricing make it a popular fashion choice.
In terms of distribution channel, the United States personal accessories market is divided into exclusive stores, multi-brand stores, specialty stores, online market, supermarket/hypermarket.
Exclusive stores have the largest market share, while online sales are the fastest-growing due to factors such as the development of payment security gateways, the convenience of accessing a
virtual store, which saves time and money by avoiding the need to visit the store in person, and the delivery of products ordered online to the customer's doorstep.
In terms of region, the United States Personal Accessories market is segmented into South, West, North-East, and Mid-West. Among these, the North-East region of the United States is the
fastest growing within the United States Personal Accessories market owning to the largest fashionable states like New York and New Jersey, with the CAGR of 8.51% and is expected to maintain
its dominance throughout the forecast period.
Some of the major players within the United States personal accessories market are LVMH Moët Hennessy Louis Vuitton Inc., Apple Inc., Tapestry, Inc., Richemont North America Inc., Kering
Americas, Inc. (Gucci, Yves Saint Laurent, and Bottega Veneta), Pandora Jewelry Inc., CHANEL, Inc., The Swatch Group (U.S.) Inc., PRADA USA Corp, Burberry Limited. Companies. They are
always involved in introducing new and fashionable products, using upgraded technology, and changing marketing techniques to grab the majority of the consumer base across the country in order
to stay competitive in the United States personal accessories market.
“The personal accessories market is the most volatile, since changes in design, consumer demand, and evolving retail methods such as discounts and coupons offered by the companies influence
market shifts. Furthermore, post-Covid occurrence, the demand for personal accessories has increased significantly in the United States, as people have begun to step out of their homes after a
year of confinement. All of these situations point towards strong growth in the personal accessories market in the upcoming years.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
13. 13
Report Ordering
Report Name: UNITED STATES PERSONAL ACCESSORIES MARKET
FORECAST & OPPORTUNITIES
2016 – 2026
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14. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
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document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior
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