PUBLISHER: Euromonitor International | PRODUCT CODE: 1965207
PUBLISHER: Euromonitor International | PRODUCT CODE: 1965207
Personal Accessories in Singapore
The personal accessories market in Singapore demonstrated resilience in 2025, with a 3% growth to SGD8.6 billion, driven by rising disposable incomes and a recovering economy. This growth is expected to continue, with a forecast CAGR of 4% to SGD10.6 billion by 2030. The market's attractiveness is underscored by the increasing number of high-net-worth individuals and the resurgence of travel and tourism. Key trends shaping the market include the growth of luxury resale and rental, AI-driven inno...
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 (2021-2025), 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 2030 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.
Euromonitor International has over 50 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo, Bengaluru, Sao Paulo, Seoul, Hong Kong, Dusseldorf and Mexico City and a network of analysts in 100 countries, Euromonitor International has a unique capability and an understanding of diverse markets to develop reliable information resources to help drive informed strategic planning. To learn more about how our research solutions can support you, contact your local Euromonitor International office.
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Sustainability, personalisation, and digital experiences drive growth in personal accessories
KEY DATA FINDINGS
- CHART 1 Key Trends 2025
INDUSTRY PERFORMANCE
- Luxury and premium items drive sales with rising incomes
- Rental and resale trend affects how consumers engage with luxury accessories
- CHART 2 Carousell Boosts Luxury Resale in Singapore with LuxLexicon Acquisition
- AI technology drives personalisation across personal accessories
- CHART 3 Garmin Launches AI-Enabled Hybrid Smartwatches for Health-Conscious Consumers
- CASETiFY and Samsonite capitalise on travel trend with innovative launches
- CHART 4 CASETiFY Enters Premium Luggage with Customisable Bounce Check-In Trunk
WHAT'S NEXT?
- Travel resurgence set to fuel bags and luggage growth
- Luxury resale and rental expected to drive growth in personal accessories
- CHART 5 Analyst Insight
COMPETITIVE LANDSCAPE
- Successful brands maintain presence through product innovation and brand recognition
- Emerging local brands drive competitive dynamics
CHANNELS
- Physical stores lead personal accessories sales through immersive experiences
- E-commerce grows rapidly due to convenience and wider selection
- Trends shaping retail channel environment prioritise hybrid experiences
ECONOMIC CONTEXT
- CHART 6 Real GDP Growth and Inflation 2020-2030
- CHART 7 PEST Analysis in Singapore 2025
CONSUMER CONTEXT
- CHART 8 Key Insights on Consumers in Singapore 2025
- CHART 9 Consumer Landscape in Singapore 2025
COUNTRY REPORTS DISCLAIMER
SOURCES
- Summary 1 Research Sources
BAGS AND LUGGAGE IN SINGAPORE
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Singapore's travel hub status drives luggage market growth
- CHART 10 Key Trends 2025
- CHART 11 Analyst Insight
INDUSTRY PERFORMANCE
- High-net-worth population and Gen Z demand drive value sales growth
- CHART 12 Gen Z-Focused Collections Elevates Travel Blue's Brand Appeal
- Bags dominate sales with strong brand presence and focus on sustainability
- Travel and tourism drives demand for innovative luggage
- CHART 13 American Tourister's Smurfs Collection Boosts Brand Engagement and Sales
WHAT'S NEXT?
- Sustainable and tech-integrated products set to drive future growth
- Bags expected to maintain dominance with luxury and sustainable offerings
- Hybrid retail strategies and personalisation to shape industry
COMPETITIVE LANDSCAPE
- Leading luxury brands maintain dominance through focus on exclusivity
- Innovative launches and sustainability-led branding drive future opportunities
CHANNELS
- Offline retail dominates bags and luggage sales while e-commerce gains traction
COUNTRY REPORTS DISCLAIMER
JEWELLERY IN SINGAPORE
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Evolving consumer values drive Singapore jewellery's steady growth
- CHART 14 Key Trends 2025
- CHART 15 Analyst Insight
INDUSTRY PERFORMANCE
- Rising demand from HNWIs and Gen Z
- Digital technologies reshape jewellery market and consumer engagement
- CHART 16 SK Jewellery's AI-Powered Retail Captivates Singapore's Digital-First Consumers
- Sustainable practices shape jewellery in Singapore
WHAT'S NEXT?
- Luxury brands drive growth with customisation and sustainability
- Digitalisation and omnichannel strategies expected to shape future sales
- Sustainability and customisation to drive steady consumer demand
COMPETITIVE LANDSCAPE
- Leading brands maintain dominance through craftmanship and loyalty
- Emerging brands and innovative launches drive market dynamics
CHANNELS
- Offline retail dominates jewellery sales despite e-commerce growth
- Emerging retail concepts blend luxury with digital convenience
COUNTRY REPORTS DISCLAIMER
TRADITIONAL AND CONNECTED WATCHES IN SINGAPORE
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Affluent consumers and youth culture drive market performance
- CHART 17 Key Trends 2025
INDUSTRY PERFORMANCE
- AI and digital innovation drive Singapore's connected watch market
- CHART 18 Garmin Singapore Launches AI-Powered Connect+ for Personalised Fitness
- Resale trend boosts premium timepiece sales in Singapore
- CHART 19 House of Watches Launches Pre-Owned Luxury Watch Platform
- Gen Z drives mid-tier sales with pop-culture collaborations
- CHART 20 Casio G-SHOCK Singapore Teams with Jahan Loh for Peranakan Limited-Edition Watch
WHAT'S NEXT?
- Luxury watch demand and tech-savvy youth set to drive market growth
- Resale market expansion means luxury brands will need to adapt to sustainability trend
- CHART 21 Analyst Insight
COMPETITIVE LANDSCAPE
- Leading luxury brands sustain dominance through scarcity and aftersales service
- New entrants and product launches create opportunities for growth
CHANNELS
- Specialist retailers lead traditional and connected watches sales
- E-commerce gains traction for mid-priced and connected watches
- Immersive retail experiences redefine premium watch retail
COUNTRY REPORTS DISCLAIMER
WRITING INSTRUMENTS IN SINGAPORE
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Premiumisation and sustainability drive robust growth in writing instruments
- CHART 22 Key Trends 2025
INDUSTRY PERFORMANCE
- Luxury pen gifting drives value sales growth through personalisation
- Pens remain largest category while Gen Z reshapes competitive dynamics
WHAT'S NEXT?
- Tech-savvy consumers to drive demand for hybrid writing tools
- Pens remain dominant, colouring gains traction among creatives
- Sustainability and Gen Z influence shape industry direction
COMPETITIVE LANDSCAPE
- Well-established brands lead writing instruments market in Singapore
- Neo Smartpen R1 launch signals innovation in premium segment
CHANNELS
- Offline retailers lead sales through strong presence while e-commerce grows rapidly
- Experiential retail and e-commerce shape industry direction
COUNTRY REPORTS DISCLAIMER
