Across personal accessories in the UK, product innovation and messaging in 2024 are largely focused around providing experiences and value to consumers. As discretionary spending on non-essential categories continues to suffer, retail volume growth remains low as consumers further adapt to their cur...
Jewellery in the UK is experiencing a weak performance in 2024, with limited retail value sales growth and a marginal decline in volume sales. This is largely being driven by declining consumer spending on discretionary categories such as jewellery in a turbulent economic landscape. While in previou...
Within traditional and connected watches in the UK, the pursuit of value remains a key driver of consumer purchasing behaviour in 2024. Retail volume sales of traditional watches continue to decline, largely due to shifts in consumption in the face of declining discretionary spending, while value gr...
In 2024, bags and luggage in the UK is being largely driven by value sales growth, with volume sales struggling. Lower demand compared to pre-pandemic levels is mainly due to declines in consumer spending in an inflationary environment. As consumers continue to face economic challenges, with bags an...
Despite a marginal retail value decline in 2024, demand for writing instruments in the UK continues to rise. Due to increasing engagement with the category during the pandemic and subsequent residual growth from this, sales growth of some writing instruments is starting to stabilise or fall in the c...
This Megatrends report highlights long-term trends resulting from shifts in consumer values and behaviour. It provides a summary of each of Euromonitor International's 10 focus megatrends and insights as to how each trend has manifested in the United Arab Emirates. Euromonitor's ...
Over 2022-2023, retail volume growth of jeans in Chile notably slowed following 2021's dynamic performance. During this time, many Chilean consumers prioritised their spending amid an unstable economy, characterised by significant inflation rates. Faced with these financial pressures, many consumers...
Jeans continue to record weak sales in 2024 following a post-pandemic surge as Norwegian consumers returned to normal lifestyles. The category is increasingly struggling with a very high degree of maturity, with jeans being a staple in most Norwegian's wardrobes. The informal nature of the country's...
The domestic jean company Mavi Giyim San ve Tic AS became the first and only Turkish apparel company to make the CDP's (Carbon Disclosure Project) Global A list in 2023, for its climate change and water security programs. Mavi aims to make its entire denim collection eco-friendly by 2030. In 2023, i...
Ethnic apparel, particularly Indian womenswear, plays a significant role in boosting hosiery sales in the United Arab Emirates, largely due to the cultural preference for traditional attire during festivals, weddings, and formal occasions. Outfits such as sarees, lehengas, and kurtas are frequently ...