DUBLIN, Feb. 3, 2022 /PRNewswire/ — The “United States Personal Accessories Market, By Product Type (Jewelry, Watches, Bags & Wallet, and Others (Eyewear, Belts, Caps & hats, etc.)), By End User (Female, and Male), By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering.
The United States Personal Accessories Market was valued at USD91.36 billion in 2020 and is anticipated to reach USD144.24 billion by the year 2026, growing at a CAGR value of 8.15% in the forecast period, 2022-2026.
The market growth can be attributed to increased influence of the fashion trends. Through multimedia and online social platforms, various designer, modern, and fashionable personal accessories are available for the consumers.
Inclination of the young consumers toward fashionable accessories, demand to follow the ongoing trends, and increasing popularity of these products is driving the growth of the United States Personal Accessories Market in the upcoming five years. Aggregated promotions, marketing and influence through celebrity promotions and advertisements are also the major factors supporting the growth of the United States Personal Accessories Market.
Moreover, factors like rising disposable income among the younger population and adult population, increasing brand awareness, surging demands for imported accessories from global brands, as well as AI supported online shopping…
