Fast Market Research recommends "Apparel Accessories in Argentina" from Euromonitor International, now available

Boston, MA -- (SBWire) -- 08/12/2014 --Argentinean men tend to present a lower level of demand for apparel accessories compared with women, but this trend is progressively changing. Younger generations are not only willing to invest in their personal image, but also adults and older men are starting to care about an attractive and younger appearance. Overall apparel accessories posted a poor retail volume performance in 2013 due to the combined effect of the performance among the various types of apparel accessories. Ties and other apparel accessories, which together accounted for 7% of total apparel accessories sales in value terms in 2013, have been negatively affected by import restrictions on international brands and increasing costs of raw materials and labour for local manufacturers. Furthermore, both local and international brands have been heavily affected by a sharp contraction in inbound tourism of 23% from Brazil, Chile and Uruguay.

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Competitive Landscape

Within apparel accessories brands, others saw the biggest increase in value share in 2013 driven by a proliferation of low-cost local and foreign brands with designs similar to top brands at less than half the average unit price. In the context of contracting purchasing power in Argentina, other brands have gained share at the expense of top brands such as Kio and Kardinal.

Industry Prospects

Volume sales of apparel accessories are predicted to gain strength from 2015 onwards as policy corrections are expected, as import barriers have been delivering the contrary effect than expected by fuelling domestic prices and reducing supply. Sales are expected to expand at a volume CAGR of 2%, less than half of the volume CAGR seen over the review period due to contracting demand in real terms with inflation rates exceeding 30%.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Clothing Accessories industry in Argentina with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Clothing Accessories industry in Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.

The Clothing Accessories in Argentina market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Clothing Accessories in Argentina?
- What are the major brands in Argentina?
- How dynamic is the growth of clothing and footwear internet sales?
- What is the performance of women's clothing vs men's clothing?
- What % of clothing and footwear sales goes through grocery retailers?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Belts, Gloves, Hats/Caps, Other Apparel Accessories, Scarves, Ties.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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