Personal Accessory Retailing in Australia - Market Research Report

Personal Accessory Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.6%

Firms in the Personal Accessory Retailing industry have faced mixed trading conditions over the past five years. The luxury product segment has performed well over the period, driven by premiumisation and consumer demand for unique branded merchandise. However, revenue growth across the mid-priced product market has been affected by a softer retail environment and mounting competition from department stores and online shopping. The weak performance of smaller retailers selling more affordable industry goods has partly offset the gains made by luxury product retailers. However, the increasing volume of online sales generated through the internet sites owned by the industry's bricks-and-mortar operators has aided industry revenue growth over the past f...
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Personal Accessory Retailing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Operators in the Personal Accessory Retailing industry are forecast to benefit from improved trading conditions over the next five years. Positive consumer sentiment and solid discretionary income growth are projected to support retail demand for personal accessories over the period. In addition, an appreciation of the Australian dollar over the next five years is anticipated to improve the affordability of internationally sourced products for consumers. These factors will likely support industry revenue growth over the period and create an opportunity for profit margins to rise. However, rising competition from external sources, such as department stores and online-only retailers, is forecast to constrain industry revenue growth over the next five y...
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Personal Accessory Retailing industry statistics

  • attach_money Market Size: $1bn
  • business Number of Businesses: 1,740
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 6,015

Biggest companies in the Personal Accessory Retailing industry

The companies holding the largest market share in the Personal Accessory Retailing in Australia industry include Strandbags Group Pty Limited, Luxottica South Pacific Holdings Pty Ltd, Louis Vuitton Australia Pty Ltd, CBCH Group Pty Ltd and Woolworths International (Australia) Pty Limited.

  • pie_chart Strandbags Group Pty Limited Market Share: x.x%
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  • pie_chart Luxottica South Pacific Holdings Pty Ltd Market Share: x.x%
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  • pie_chart Louis Vuitton Australia Pty Ltd Market Share: x.x%
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  • pie_chart CBCH Group Pty Ltd Market Share: x.x%
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  • pie_chart Woolworths International (Australia) Pty Limited Market Share: x.x%
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What is Personal Accessory Retailing industry?

Industry Definition

Industry operators primarily retail a range of personal accessories including briefcases, handbags, luggage, sunglasses, umbrellas and wigs. These products are sold through stores or online to consumers. The industry excludes the retail sale of leather clothing and footwear. Online-only retailers are also excluded from the industry.

Industry Products and Services

  • Handbags, wallets and purses
  • Luggage and other travel goods
  • Sunglasses
  • Other personal accessories
  • All Others

Industry Activities

  • Briefcase retailing
  • Handbag retailing
  • Luggage retailing
  • Sunglasses retailing
  • Umbrella retailing
  • Wig retailing
  • Leather goods retailing (except clothing and footwear)

Market research report - table of contents

Industry Definition

Industry operators primarily retail a range of personal accessories including briefcases, handbags, luggage, sunglasses, umbrellas and wigs. These products are sold through stores or online to consumers. The industry excludes the retail sale of leather clothing and footwear. Online-only retailers are also excluded from the industry.

Main Activities

  • Briefcase retailing
  • Handbag retailing
  • Luggage retailing
  • Sunglasses retailing
  • Umbrella retailing
  • Wig retailing
  • Leather goods retailing (except clothing and footwear)

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Trends in consumer sentiment reflect consumer retail spending patterns. Positive sentiment reflects consumer optimism about the domestic market's stabilit...
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Consumer sentiment index
Real household discretionary income
Demand from department stores
Demand from online shopping

Current Performance

Demand trends
Competition and profit
Industry landscape
 Chart: Revenue Growth

Industry Outlook

Demand trends
Profit and competition
Industry participation
 Table: Personal Accessory Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Personal Accessory Retailing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers






Key Selling Industries

Cut and Sewn Textile Product Manufacturing in Australia
Photographic and Optical Goods Manufacturing in Australia
Textile Product Wholesaling in Australia
Leather and Leather Substitute Product Manufacturing in Australia



Products & Services

Products retailed by the Personal Accessory Retailing industry can be broadly divided into four key segments: sunglasses; handbags, wallets and purses; lu...
People aged 35 to 54
People aged 15 to 34
Corporate or business clients



Demand Determinants

Demand is sensitive to trends in discretionary income, consumer sentiment and the relative price of products. Other factors include travel patterns, excha...
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Major Markets

People aged 35 to 54
People aged 15 to 34
Corporate or business clients




 Chart: Major Market Segmentation for the Personal Accessory Retailing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Personal Accessory Retailing industry exhibits moderate market share concentration. The four largest players are expected to account for almost 50% of...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Personal Accessory Retailing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Personal Accessory Retailing in Australia - Market Research Report Industry

Industry Globalization

Established in 1927, Strandbags Group Pty Limited retails handbags, wallets, luggage, business bags and backpacks. In 2014, the company was acquired by Ma...
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Strandbags Group

 Table: Strandbags Group - financial performance

Luxottica

 Table: Luxottica - financial performance

Louis Vuitton Australia

 Table: Louis Vuitton Australia - financial performance

colette by colette hayman

 Table: colette by colette hayman - financial performance

Country Road

 Table: Country Road - financial performance

Capital Intensity

The Personal Accessory Retailing industry displays low capital intensity. For every dollar spent on capital in 2018-19, an estimated $9.60 is spent on wag...
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 Chart: Level of Capital Intensity for the Personal Accessory Retailing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Personal Accessory Retailing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Personal Accessory Retailing industry?

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This report on Personal Accessory Retailing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Personal Accessory Retailing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Personal Accessory Retailing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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