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PUBLISHER: Euromonitor International | PRODUCT CODE: 1419669
PUBLISHER: Euromonitor International | PRODUCT CODE: 1419669
Personal Accessories in Singapore
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PAGES: 56 Pages
DELIVERY TIME: 1-2 business days
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Overall retail volume sales of personal accessories are expected to register a small decline in 2023, as the industry has navigated a slowing sales momentum post-pandemic, while managing the challenge of rising prices as a result of inflationary pressure across all industries. However, sales are expected to continue to rise in retail current value terms, led by significant price increases across the industry, and the nationwide GST hike from 7% to 8% that was implemented from the start of the ye...
Euromonitor International's Personal Accessoriesin Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Bags and Luggage, Jewellery, Traditional and Connected Watches, Writing Instruments.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Personal Accessories market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Product Code: PLGSG
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Personal accessories in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- What next for personal accessories?
MARKET DATA
- Table 1 Sales of Personal Accessories by Category: Volume 2018-2023
- Table 2 Sales of Personal Accessories by Category: Value 2018-2023
- Table 3 Sales of Personal Accessories by Category: % Volume Growth 2018-2023
- Table 4 Sales of Personal Accessories by Category: % Value Growth 2018-2023
- Table 5 NBO Company Shares of Personal Accessories: % Value 2019-2023
- Table 6 LBN Brand Shares of Personal Accessories: % Value 2020-2023
- Table 7 Distribution of Personal Accessories by Format: % Value 2018-2023
- Table 8 Forecast Sales of Personal Accessories by Category: Volume 2023-2028
- Table 9 Forecast Sales of Personal Accessories by Category: Value 2023-2028
- Table 10 Forecast Sales of Personal Accessories by Category: % Volume Growth 2023-2028
- Table 11 Forecast Sales of Personal Accessories by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
- Summary 1 Research Sources
BAGS AND LUGGAGE IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
- Luggage posts high double-digit growth, with the rebound in travel set to drive further recovery
- Crossbody bags gain substantial popularity, especially amongst younger audiences
- Samsonite achieves high sales growth, achieving post-pandemic recovery
PROSPECTS AND OPPORTUNITIES
- Expansion of fast-growing local brands due to steady and lasting traction amongst young adults and young professionals
- Wallet and coin pouches set to continue to enjoy growth despite the increase in digital wallets
- Purchase of luxury handbags expected to increase despite inflationary pressures, with non-luxury presenting affordable "dupes"
CATEGORY DATA
- Table 12 Sales of Bags and Luggage by Category: Volume 2018-2023
- Table 13 Sales of Bags and Luggage by Category: Value 2018-2023
- Table 14 Sales of Bags and Luggage by Category: % Volume Growth 2018-2023
- Table 15 Sales of Bags and Luggage by Category: % Value Growth 2018-2023
- Table 16 Sales of Luggage by Type: % Value 2018-2023
- Table 17 NBO Company Shares of Bags and Luggage: % Value 2019-2023
- Table 18 LBN Brand Shares of Bags and Luggage: % Value 2020-2023
- Table 19 Distribution of Bags and Luggage by Format: % Value 2018-2023
- Table 20 Forecast Sales of Bags and Luggage by Category: Volume 2023-2028
- Table 21 Forecast Sales of Bags and Luggage by Category: Value 2023-2028
- Table 22 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2023-2028
- Table 23 Forecast Sales of Bags and Luggage by Category: % Value Growth 2023-2028
JEWELLERY IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
- Post-pandemic engagement momentum drives faster growth for fine jewellery compared with costume jewellery in 2023
- Flourishing of local brands leads the premiumisation of costume jewellery
- E-commerce sales continue to grow, but jewellery and watch specialists continues to dominate fine jewellery
PROSPECTS AND OPPORTUNITIES
- Sales of jewellery unlikely to decline even amongst inflationary pressures and tax increases
- Lab-grown diamonds strike a chord amongst younger consumers through their key benefits - affordability, sustainability, and personalisation
- Unit prices of costume jewellery set to increase along with premiumisation of local brands
CATEGORY DATA
- Table 24 Sales of Jewellery by Category: Volume 2018-2023
- Table 25 Sales of Jewellery by Category: Value 2018-2023
- Table 26 Sales of Jewellery by Category: % Volume Growth 2018-2023
- Table 27 Sales of Jewellery by Category: % Value Growth 2018-2023
- Table 28 Sales of Costume Jewellery by Type: % Value 2018-2023
- Table 29 Sales of Fine Jewellery by Type: % Value 2018-2023
- Table 30 Sales of Fine Jewellery by Collection: % Value 2018-2023
- Table 31 Sales of Fine Jewellery by Metal: % Value 2018-2023
- Table 32 NBO Company Shares of Jewellery: % Value 2019-2023
- Table 33 LBN Brand Shares of Jewellery: % Value 2020-2023
- Table 34 Distribution of Jewellery by Format: % Value 2018-2023
- Table 35 Forecast Sales of Jewellery by Category: Volume 2023-2028
- Table 36 Forecast Sales of Jewellery by Category: Value 2023-2028
- Table 37 Forecast Sales of Jewellery by Category: % Volume Growth 2023-2028
- Table 38 Forecast Sales of Jewellery by Category: % Value Growth 2023-2028
TRADITIONAL AND CONNECTED WATCHES IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
- High watches continues to perform the best in traditional watches, given the growing preference for Swiss watches
- Sales of mid watches suffer as inflationary pressures draw price-sensitive customers to more basic models
- Jewellery and watch specialists continues to dominate retail distribution of traditional watches across tiers and formats
PROSPECTS AND OPPORTUNITIES
- Gradually improving supply chain, but uncertainty around the return of Chinese travellers
- Competitive secondary market poses a challenge to sales of high watches
- Growth for quartz digital and quartz analogue watches will continue to be threatened by smart wearables
CATEGORY DATA
- Table 39 Sales of Traditional and Connected Watches by Category: Volume 2018-2023
- Table 40 Sales of Traditional and Connected Watches by Category: Value 2018-2023
- Table 41 Sales of Traditional and Connected Watches by Category: % Volume Growth 2018-2023
- Table 42 Sales of Traditional and Connected Watches by Category: % Value Growth 2018-2023
- Table 43 Sales of Traditional Watches by Category: Volume 2018-2023
- Table 44 Sales of Traditional Watches by Category: Value 2018-2023
- Table 45 Sales of Traditional Watches by Category: % Volume Growth 2018-2023
- Table 46 Sales of Traditional Watches by Category: % Value Growth 2018-2023
- Table 47 Sales of Traditional Watches by Price Band: Volume 2018-2023
- Table 48 Sales of Traditional Watches by Price Band: Value 2018-2023
- Table 49 Sales of Traditional Watches by Price Band: % Volume Growth 2018-2023
- Table 50 Sales of Traditional Watches by Price Band: % Value Growth 2018-2023
- Table 51 Sales of Connected Watches by Category: Volume 2018-2023
- Table 52 Sales of Connected Watches by Category: Value 2018-2023
- Table 53 Sales of Connected Watches by Category: % Volume Growth 2018-2023
- Table 54 Sales of Connected Watches by Category: % Value Growth 2018-2023
- Table 55 NBO Company Shares of Traditional Watches: % Value 2019-2023
- Table 56 LBN Brand Shares of Traditional Watches: % Value 2020-2023
- Table 57 NBO Company Shares of Connected Watches: % Value 2019-2023
- Table 58 LBN Brand Shares of Connected Watches: % Value 2020-2023
- Table 59 Distribution of Traditional Watches by Format: % Value 2018-2023
- Table 60 Distribution of Connected Watches by Format: % Value 2018-2023
- Table 61 Forecast Sales of Traditional and Connected Watches by Category: Volume 2023-2028
- Table 62 Forecast Sales of Traditional and Connected Watches by Category: Value 2023-2028
- Table 63 Forecast Sales of Traditional and Connected Watches by Category: % Volume Growth 2023-2028
- Table 64 Forecast Sales of Traditional and Connected Watches by Category: % Value Growth 2023-2028
- Table 65 Forecast Sales of Traditional Watches by Category: Volume 2023-2028
- Table 66 Forecast Sales of Traditional Watches by Category: Value 2023-2028
- Table 67 Forecast Sales of Traditional Watches by Category: % Volume Growth 2023-2028
- Table 68 Forecast Sales of Traditional Watches by Category: % Value Growth 2023-2028
- Table 69 Forecast Sales of Connected Watches by Category: Volume 2023-2028
- Table 70 Forecast Sales of Connected Watches by Category: Value 2023-2028
- Table 71 Forecast Sales of Connected Watches by Category: % Volume Growth 2023-2028
- Table 72 Forecast Sales of Connected Watches by Category: % Value Growth 2023-2028
WRITING INSTRUMENTS IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
- Markers and highlighters sees the strongest growth in writing instruments
- Pilot Pen continues to lead writing instruments, as school children continue to use mass products
- Metallic ink pens continue to be popular, as retailers launch more new variants and pack sizes
PROSPECTS AND OPPORTUNITIES
- Digitalisation expected to limit growth in writing instruments, but not drive volume decline
- Manufacturers of writing instruments likely to collaborate with popular animations in their aim to drive growth
- Personalisation set to rise within writing instruments, with customisable features
CATEGORY DATA
- Table 73 Sales of Writing Instruments by Category: Volume 2018-2023
- Table 74 Sales of Writing Instruments by Category: Value 2018-2023
- Table 75 Sales of Writing Instruments by Category: % Volume Growth 2018-2023
- Table 76 Sales of Writing Instruments by Category: % Value Growth 2018-2023
- Table 77 NBO Company Shares of Writing Instruments: % Value 2019-2023
- Table 78 LBN Brand Shares of Writing Instruments: % Value 2020-2023
- Table 79 Distribution of Writing Instruments by Format: % Value 2018-2023
- Table 80 Forecast Sales of Writing Instruments by Category: Volume 2023-2028
- Table 81 Forecast Sales of Writing Instruments by Category: Value 2023-2028
- Table 82 Forecast Sales of Writing Instruments by Category: % Volume Growth 2023-2028
- Table 83 Forecast Sales of Writing Instruments by Category: % Value Growth 2023-2028
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