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Accessories in South Africa - Sector Overview, Brand Shares, Market Size and Forecast to 2024 (adjusted for COVID-19 impact)

Accessories in South Africa - Sector Overview, Brand Shares, Market Size and Forecast to 2024 (adjusted for COVID-19 impact)

Summary

GlobalData’s Apparel database showing the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2019 in each of the sectors as well as total apparel. All data includes the impact COVID-19 has had on sales in 2020 (forecasted at the date of publication).

This databook provides both the historic and forecast market data of total apparel sales, and the accessories market in South Africa. It illustrates the data with charts, graphs and tables summarizing the value and volume trends, with category details in accessories. The forecasts include the impact of COVID-19 on growth. The databook also reveals major brand’s share in apparel & accessories with their price and market positioning in 2019.

Scope

- The overall apparel market in South Africa is forecast to grow at a CAGR of 3.8% between 2019 and 2024 to reach ZAR199.5 billion​
- Accessories will decline by 1.5% to reach ZAR8.1 billion by 2024​
- Handbag in accessories dominates the sales but gloves is expected to be the fastest growing category​
- The mass market brands accounts for 75.5% of sales, but its share is shrinking while the value and luxury brands are making gains​
- The Foschini Group Limited led the market in 2019 and it also showed the fastest growth out of the Top 10 brands

Reasons to buy

- Gain a comprehensive view of the accessories market and forecasts to 2024
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of Covid-19 on the apparel market
- Investigate current and forecast trends in accessories categories to identify the opportunities offering the most potential
- Understand who the main competitors are in the sector and their price positioning

Table of Contents
Apparel
Accessories
Appendix
Methodology

Report Title: Accessories in South Africa - Sector Overview, Brand Shares, Market Size and Forecast to 2024 (adjusted for COVID-19 impact)


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Companies Covered
The Foschini Group Limited
Typo
Truworths Men
Charles & Keith
Adidas
Edgars
JET
Woolworths
Milady's
Truworths Childrenswear

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