How big is the fashion accessories market | Insights & Growth 2025

Q: How big is the fashion accessories market size?

The fashion accessories market is projected to reach USD 943.8 billion by 2031.

Q: Which product segments are included under fashion accessories?

Major segments include jewellery, handbags, watches, belts, scarves, eyewear, and hats.

Q: What is driving the growth of online sales in the fashion accessories market?

Convenience, virtual try-on technologies, and worldwide reach are driven growth in online accessory sales.

Q: Which consumer demographic drives the highest demand for fashion accessories?

Millennials and Gen Z consumers drive demand through frequent purchases, brand consciousness, and trend adoption.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6041

Publication Date: Jul 2025

How big is the fashion accessories market?

According to 6Wresearch internal database and industry insights, Global fashion accessories Market was valued atUSD 280 Billion in 2024 and is expected to reachUSD 380 Billion by 2031, growing at a compound annual growth rate of4.40% during the forecast period (2025-2031).

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The market is being driven by increasing fashion consciousness, rising disposable incomes, and the influence of social media trends. E-commerce penetration and sustainability-focused innovations in materials are also reshaping consumer preferences worldwide.

Key Growth Factors of the Fashion Accessories Market

Increasing demand for high-end, customised accessories
Development of social commerce and e-commerce platforms
Fashion trends driven by celebrities and influencer marketing
Growing consumer demand for vegan and environmentally friendly fashion materials
Growing demand for unisex and gender-neutral accessory designs
Using AR and VR technology to create virtual try-ons and product previews

Fashion Accessories Market Trends

There is a rising demand in multifunctional and tech-enabled accessories like smartwatches and connected eyewear. Consumers are gravitating towards minimalist, sustainable, and ethically sourced products. As part of fashion accessories market trends, luxury and fast fashion brands alike are investing in AI-based trend forecasting and dynamic inventory management to stay competitive in an increasingly digital and conscious marketplace.

Emerging Developments in the Fashion Accessories Market

Smart accessories surrounded with health-tracking sensors are gaining traction in the emerging developments of the fashion accessories market. The production of custom jewellery and eyewear using 3D printing is being investigated. Blockchain technology is being used to authenticate high-end accessories. High-end fashion merchandising is also seeing new opportunities thanks to digital twins and NFT-linked fashion collectibles.