Confidence in the latest research on the clothing accessories industry

Fashion Industry | Analysis of Fashion Accessories Market

Four Seasons Green Clothing Group

Four Seasons Green Clothing Group

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In the overall matching of clothing,

Although accessories are localized objects,

But if we compare clothing to "noodles,",

So accessories are like dots on top of it,

Through coordination and coordination between points and surfaces,

Plays a special decorative role on the whole.According to Mordor Intelligence website data, the global fashion accessory market is expected to have a compound annual growth rate of 12.3% in the next forecast period. The fashion industry is fiercely competitive and requires continuous innovation and development, especially in product design and improvement. The constantly changing consumer trends are driving the growth of the fashion accessory market. Due to changes in consumer behavior, increased purchasing power, and an increase in urban population, developing countries such as India are making an increasing contribution to the market. In the autumn and winter of 2024, the Y2K millennial nostalgia trend continues to influence the clothing and accessory market. In addition to the retro trend in style, the accessory materials have also undergone corresponding changes.

24 Autumn and Winter Seasonal Market Trends - Soft Accessories

Soft accessories have the characteristics of showcasing individuality, integrating avant-garde gender inclusive design, and emphasizing functional details. With the confirmation of trend themes such as # WorkLeisure and # NotSoClassic, the importance of market-oriented design and versatile accessories has become evident. "Soft accessories" based on advanced practicality have become a key seasonal trend, mainly including accessories such as hats, ties, scarves, belts, etc.

According to WGSN data, soft accessories are the largest category of accessories in the UK and US markets, with a year-on-year increase of 7 percentage points in the US market, reflecting market growth opportunities# Headwear headwear is the largest category of soft accessories, capable of developing fashionable # Balaclava hats, which also caters to the # Hyperfunctional trend of excellent functionality in the autumn and winter of 2023/24. The current market advantages of this category should be fully utilized.

Knitted accessories

Comfortable and warm knitting is the key material for soft accessories. Knitted collars, hats, aprons, Balaclava hats, fingerless gloves, sleeves, and # Legwarmers leg warmers have become new key items in the seasonal trend, catering to consumers' demands for practical functionality, versatility, easy on and off, and low cost.

According to the MAXIMIZE Market Research data analysis report, the size of the knitwear market in 2022 was $10.545 billion, and it is expected to reach $1568 billion by 2029. Over the entire forecast period, the compound annual growth rate is 5.83%. Thanks to the booming growth of the knitted fabric market, the number of clothing matching items in the knitted category has also increased. Designers can extend the sense of clothing design by adding matching elements such as knitted scarves, hats, bags, gloves, etc. to clothing matching, which can improve overall completeness and fashion. The following are some knitting categories with high market response in this season's trend, which relevant enterprises and designers can fully consider.

#ElongatedScarf is an ultra long, oversized wrap around scarf

The softness and wrapping characteristics of knitting are one of the most common accessory elements in autumn and winter clothing. At the 2023/24 Autumn/Winter Fashion Week, ElongatedScarf's ultra long knitted scarf has become one of the most eye-catching accessories on the runway. With exaggerated length, oversized scarves, and innovative upgrades in knitting techniques, it blends luxury, comfort, and Y2K millennial style harmoniously, reflecting that comfort will still be the focus of this season. Designers have explored a variety of # BlanketDressing carpet styles, and elegant oversized and elongated scarves will remain an important component suitable for both comfortable and outdoor home styling.

Wrapped Knitted Hat (# Balaclava Hat)

The fashionable Balaclava hat has replaced the hat and hood, entering the popular collection, responding to the trend themes of # Supreme Comfort's ultimate comfort and # ProtectiveDesign's functional design. The Balaclava hat, a fashionable item, first appeared during the Paris Fashion Week in autumn/winter 2022. Loewe paired a thick knit headband with a lace up top and low rise jeans, while Ernest W Baker paired a black zippered Balaclava hat with a parka coat. The Balaclava hat has achieved the highest attendance rate on the runway in recent years.

Google Trends data shows that in December 2022, Balaclava Hat's search volume reached a historic high. In the autumn and winter of 2022/23 (August to December), its search volume increased by 30% compared to the autumn and winter of 2021/22. From the soaring search keywords, the most popular brands in the UK include Uniqlo, Nike ACG, Arket, and Givenchy, while in the US they are Year, CP Company, New Balance, and Free People. From the perspective of hot search brands, a variety of sports, leisure, and functional styles are highly favored. In the fashion category, the search volume for "Balaclava cold hats" and "Balaclava hoodies" has also increased, indicating that there is still demand for hybrid styles in the future market.

As fashion items in the eyes of fashion bloggers, online communication forms such as Ins and Tiktok are continuing to consolidate this trend. In addition, they have also emerged as key accessories in street styling. Lily Collins and street stylist Scandi all agree that Balaclava hats will continue to be popular in 2023, with knitted headwear almost everywhere in Copenhagen's street styling, especially Balaclava hats. Due to Copenhagen's unique environmental conditions, this winter accessory has become a savior for street stylists in cold and windy cities with its extremely high compatibility. Compared to autumn/winter 2022, the key seasonal trend for autumn/winter 2023 is more creative interpretation and hybrid styles, with more creative expression of form, color, and weaving techniques on the basis of functionality.

Men's knitted tie

The trend of semi casual formal attire has led many men to gradually choose more comfortable and casual knitted materials for ties, an essential work accessory.

Knitted ties are known for their textured appearance, versatility, and the ability to add sophistication to any outfit, and this category has long held a unique position in the men's accessories field. Its origin can be traced back to the early 20th century, and it is widely popular as a multifunctional and exquisite accessory for modern gentlemen. For many years, the popularity of knitted ties has gone through peaks and valleys, but recently it has resurfaced in contemporary men's fashion. Their enduring charm lies in their ability to perfectly blend formality and personality, becoming an indispensable accessory for men of all ages. The importance of knitted ties in men's clothing cannot be overemphasized. Their versatility ensures that they can be worn in various occasions, from casual activities to semi formal gatherings, and even as part of a fashionable business outfit. Knitted ties are not just a simple accessory, they have become a symbol of refinement and personal style, embodying the gentlemanly spirit of well-dressed attire. The famous Italian luxury brand Viola Milano's knitted tie series is a typical example of this versatility and craftsmanship. Viola Milano's knitted tie collection is a shining example of how these accessories elevate from casual to formal, with a hint of rugged elegance. By combining traditional hand weaving techniques with modern techniques, Viola Milano has successfully created a series of exquisite neckties to meet various tastes and preferences. In the future, as designers continue to break through the boundaries of this classic accessory, it is expected to see more innovative designs and patterns in the field of knitted ties.

Color Trends in Knitted Accessories

Due to the technical limitations of knitted fabrics, traditional knitted products often have no color scheme. However, due to the small application area and convenient on and off of knitted accessories, colors are mostly high brightness and saturation, and some may even use strong contrast colors. This adds a bright color to the originally low tone autumn and winter attire. Therefore, this season's knitted accessories category has shown more childlike and playful attributes compared to previous quarters.

Resin Accessories Market

The WGSN trend report shows that using environmentally friendly transparent resins as materials and combining 3D printing technology to make versatile and beautiful flowers into lightweight accessories will become the mainstream in the future market.

According to BENZINGA's statistical data, the resin material jewelry market is showing an upward trend year by year. During the forecast period (2023 to 2030), the market is expected to grow at a compound annual growth rate of 11.9% per year. This growth is mainly attributed to the increasing demand from consumers for unique and personalized jewelry, as well as the increasing popularity of resin jewelry among fashion professionals; In addition, advances in technology and manufacturing have further driven market expansion, enabling manufacturers to produce stunning jewelry with higher precision and efficiency.

Resin materials continue to occupy market share with high plasticity, sustainability, and cost-effectiveness, and are predicted to continue to expand the market.

The continuous upgrade of 3D printing technology is expected to drive the development of this material market

3D printing is about to become an adaptive design tool. According to Zipdo's data, the size of the 3D printed fashion and accessories market is expected to reach $10 billion by 2029, demonstrating its potential impact on the fashion and future markets. Resin is a liquid polymer derived from organic sources, widely used in jewelry production due to its high strength, light weight, and ease of processing. This cost saving and sustainable production method can reduce industrial waste and achieve large-scale customization; In addition, resin materials can also achieve complex design, customization, and the creation of unique jewelry works, making them a popular choice for jewelry designers, providing a wide range of choices for customers seeking elegant and personalized accessories. Obviously, the jewelry resin market is currently experiencing strong growth.

Low cost construction is expected to drive the development of this material market

Another reason why resin materials are popular is that they are very cheap. This is one of the reasons why the demand for resin jewelry in the online market is constantly growing, and social media platforms such as Instagram or Tik Tok have played a leading role in driving the trend of resin jewelry. Even well-known brands such as Bottega Veneta and Dior have launched unique resin jewelry collections. Resin jewelry not only has rich colors and can be paired with various clothing, but also has swept the fashion industry with its versatility and uniqueness. If we take a rough look at the growth of the resin jewelry market, it has actually started to prosper in 2021, and it is expected that the popularity and sales of resin jewelry will continue to maintain a strong growth momentum in the coming years.

Environmentally friendly product features are expected to drive the development of this material market

Today's resin materials are mostly biological resin materials, which means that the raw materials are 100% biodegraded, meaning that their resin raw materials are no longer derived from petroleum but are entirely made from biological materials, which can achieve true "complete degradation". This sustainability characteristic is bound to become an important factor in the development of the material market.

Futurist Alien Accessories

Futurism has been a hot topic in recent years, and its accessories include metal materials and imitation metal materials, such as metallic colors and liquid flow sensation. Under the persistent theme of the technological future, futuristic themes and color schemes related to nature and technology will continue to be popular. AI accessories, metallic accessories, "liquid metal", "futurism", "millennial style" and other tags are predicted to continue to dominate the future market.

On the one hand, a large number of digital artists/designers who use digital technology to create artistic works have quickly become the next career trend through the Internet. Statistics show that the demand for digital artists/designers is growing faster than most professions. The US Bureau of Labor Statistics predicts that there will be an increase of 25500 positions for network developers and digital art designers in the next decade, with a 13% increase in this field by 2030. AI technology is a commonly used creative technique among digital artists. In this trend, "alien" and "liquid metal" sensory accessories have become important carriers reflecting the futuristic sense of clothing technology, and the development of 3D printing technology has accelerated the creative transformation of digital artists. Meanwhile, this futuristic futuristic accessory is not only reflected during fashion weeks, but also appears frequently on social media platforms such as Twitter and Instagram.

Another trend that reflects the future of the main body's accessories is reflected in the use of metallic colors, achieving the goal of pseudo metallic material texture. Colorful metallic colors are one of the color trends in spring/summer 2024 accessories. According to WGSN statistics, the production of metallic bags increased by 44% year-on-year, and metallic shoes increased by 50% year-on-year. In short, technological accessories will continue to dominate the mainstream market in the future, and the continuous upgrading of digital technology is expected to give rise to more wearing forms and more undefined surreal works. On this basis, designers and enterprises should also continuously innovate and explore more potential material categories.