Essentials of the Fashion Accessories Industry

Fashion accessories are items worn or carried to complement your basic attire and enhance your overall appearance. These items can be broadly divided into two categories, namely, wearables i.e. products that are worn like belts, hats, scarves, stockings, sunglasses, high-heels, jewellery, watches, boots, etc., and things that are carried around, like handbags, wallets, pens, laptop bags, backpacks, key chains, umbrellas, etc. 

Looking good is not only necessary at personal gatherings but your appearance can actually make or break a business deal. Fashion accessories give an insight into your character, your preferences, and even your mood. Dark sunshades with dark-coloured clothes may be a hint of a reserved personality, while a red handbag coupled with a red-banded wristwatch worn along with a white classy dress can denote a person of rich yet modern aesthetic background. 

Accessories are an indispensable part of the fashion industry as they augment the outfit that you are wearing. You would hardly witness a high-class fashion show without appropriate accessories. 

Apart from fashion jewelry, belts, handbags, watches, purses, wallets, etc. are sold extensively through online and offline retail. 

The global e-commerce fashion industry was estimated at around $182 billion in 2021. It is projected to have a CAGR of more than 14% from 2022-2028. The market value of accessories in India is estimated to touch 850 billion Indian rupees by 2023. 

India and China have emerged as the chosen hubs for sourcing, as there are a plethora of fashion accessories manufacturers in both countries. 

China is almost exclusively sorted for sunglasses, while India is preferred for shawls and scarves. Mumbai, Delhi, and Jaipur are emerging hubs for fashion jewellery, specifically ethnic jewellery. 

Sourcing plays a pivotal role in the expansion of the fashion accessories industry. With India’s growing reputation as a sourcing hub, you can rely on the knowledge and guidance of Industry Experts to help you source from the best clothing accessory manufacturers in the country.