Middle East & Africa Fashion Accessories Market Size & Outlook
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MEA fashion accessories market highlights
- The MEA fashion accessories market generated a revenue of USD 40,562.4 million in 2024.
- The market is expected to grow at a CAGR of 7.5% from 2025 to 2030.
- In terms of segment, jewelry was the largest revenue generating product in 2024.
- Handags & Purses is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 40,562.4 million |
| Market revenue in 2030 | USD 61,712.4 million |
| Growth rate | 7.5% (CAGR from 2025 to 2030) |
| Largest segment | Jewelry |
| Fastest growing segment | Handags & Purses |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Jewelry, Watches, Handags & Purses, Belts & Wallets, Sunglasses |
| Key market players worldwide | Lvmh Moet Hennessy Louis Vuitton SE, Kering SA, Compagnie Financiere Richemont SA ADR, CHANEL, Hermes International SA, Burberry Group PLC, Michael Kors, Prada SpA, Tiffany & Co |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.1% of the global fashion accessories market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 255,665.5 million by 2030.
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Fashion Accessories Market Scope
Fashion Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tiffany & Co | View profile | 10001+ | New York, New York, United States, North America | http://www.tiffany.com |
| Michael Kors | View profile | 5001-10000 | New City, New York, United States, North America | https://www.michaelkors.com/ |
| Hermes International SA | View profile | 22067 | 24 rue du Faubourg Saint Honore, Paris, France, 75008 | https://www.hermes.com |
| CHANEL | View profile | 10001+ | Neuilly-sur-seine, Ile-de-France, France, Europe | https://www.chanel.com/us/ |
| Prada SpA | View profile | 14876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | https://www.pradagroup.com |
| Burberry Group PLC | View profile | 9336 | Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW | https://www.burberryplc.com |
| Compagnie Financiere Richemont SA ADR | View profile | 37117 | 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 | https://www.richemont.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
| Kering SA | View profile | 49000 | 40 Rue de Sevres, Paris, France, 75007 | https://www.kering.com |
Middle East & Africa fashion accessories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fashion accessories market will help companies and investors design strategic landscapes.
Jewelry was the largest segment with a revenue share of 51.89% in 2024. Horizon Databook has segmented the Middle East & Africa fashion accessories market based on jewelry, watches, handags & purses, belts & wallets, sunglasses covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of fashion accessories market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fashion accessories market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fashion accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA fashion accessories market size, by country, 2018-2030 (US$M)
Middle East & Africa Fashion Accessories Market Outlook Share, 2024 & 2030 (US$M)
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