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Personal Accessories Market Essay

743 Words3 Pages

Personal accessories market majorly comprises of jewellery (fine jewellery and fashion jewellery), bags (handbags, luggage, backpacks, cross body bags, wallets, purses and pouches, business bags, duffle bags, business bags and small bags), watches, and writing and marking instruments market. The most happening market on the global front is the personal accessories market. The largest jewellery markets in the world are India, US, and China. Bags market is expecting a positive growth with new designs. The innovation and technological advancements in the watch market is expected to grow steadily. The increase in literacy levels has witnessed a rapid growth in the writing and marking instruments market. The personal accessories market is spread across Asia-Pacific, Europe, Americas and the rest of the world. The leading players in the global personal accessories market are Coach, Kering, LVMH, Prada Group, ADD, AT Cross Company, Burberry Group, Chanel, Compagnie Financière Richemont, Crayola, Dolce & Gabbana, Gitanjali Group, Giorgio Armani, Hugo Boss, Kalyan Jewellers, Mulberry, Pandora, Ralph Lauren, Rolex, Swatch Group, Tiffany & Company, Titan Company, Tod's Group, and Tory Burch. Slower economic growth, lack of innovative advertisements, minimal international brand outlets, and consumer’s weakened spending limit are the major …show more content…

The increase in children in Indonesia has indirectly affecting the sales of colouring products. Faber-Castell is the popular brand in colouring products in stationery. Also, writing instruments market is growing at a steady rate due to constant demand for the products. The stationery supplies are available at the supermarkets, hypermarkets, online retailing and departmental stores. In general, the personal accessories market in Indonesia will witness a continuous positive growth in the coming

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