Clothing, accessories and fashion

French costume jewelry production is valued at over €510 million. Sales of costume jewelry are estimated at €1.7 billion. The global costume jewelry market is growing, with its value set to rise from $228 billion in 2020 to $307 billion in 2026, an increase of 34.7%. The French market, although slowing down during the health crisis of 2020, has seen steady growth over the past decade. The majority of French consumers spend less than 200 euros on jewelry, with the average budget for men standing at 235 euros versus 100 euros for women. The majority of French people spend less than 15 euros on costume jewelry per year. The average price of costume jewelry is estimated at between 15 and 20 euros. Costume jewelry accounts for 16.2% in value and 52.4% in volume of jewelry sales in France. France's trade balance for costume jewelry has improved from a deficit of $169 million to a surplus of $261 million in 2023, with China as France's leading supplier of costume jewelry. Luxury brands have b

The French market for socks is around 200 million euros The European market for socks is estimated at 1.3 billion euros. Germany dominates European production with a 40% share, followed by France with 16%, with the top five countries producing 72% of the total. French domestic consumption is around 800 million euros. France relies heavily on imports, mainly from Turkey, China and Italy, to meet demand, reflecting a high level of dependence and a trade deficit. The number of French companies in the sector has fallen from 43 in 2012 to 31. On average, the French buy between 5 and 9 new pairs a year, and own between 15 and 20 pairs of socks in total. In Italy, individuals buy more than 15 pairs a year. Comfort is the main purchasing criterion, and consumers show no marked preference for a particular brand of socks. Brand loyalty seems low. The online segment of the market has seen particularly strong growth Socks market players Dim Uniqlo Archiduchesse Bleu Forêt Royalties Kindy

The French market is worth around 8 billion euros. The global footwear market is worth over 430 billion dollars. Domestic shoe production is in decline. The athletic footwear segment is experiencing strong growth, accounting for a large share of sales. Major players such as Nike, Adidas and Decathlon control around 12% of distribution in France. Women remain the dominant customer group in the French footwear market. On average, women in France buy around 6 pairs of shoes a year, almost twice as many as men. Their purchases account for almost half the total value of footwear sales. Men's and children's shoes accounted for 35% and 20% respectively. Online sales platforms are on the rise, offering free returns. France's trade balance is heavily in deficit. China, Italy and Vietnam are the main sources of footwear imports. Most French consumers spend between 50 and 100 euros on running shoes. For luxury sports shoes, the starting price hovers around 400 euros and can reach over 3,000 euros

The French second-hand clothing market is estimated at over 1.2 billion euros. The global market, expected to reach $200 billion, continues to prosper. While the French market is experiencing a general decline in sales of new clothing, sales of second-hand clothing have surged, accounting for 3.6% of the overall French clothing market. Online platforms such as Vinted have taken a significant market share, with Vinted's user base in France reaching 8 million out of 21 million users. Interest in second-hand luxury goods is also growing. More and more brands and retailers are setting up their own second-hand clothing systems. Africa has become a major importer of second-hand clothing, mainly from Europe. Trends in the French second-hand clothing market Around 30-40% of the population now buys second-hand clothes, a rate that has doubled in the space of a few years. A third of people aged 18 to 24 have already bought second-hand clothes. 60% of these young consumers recognize that their se

The global luxury goods market is worth over 1,500 billion euros. The segment dedicated to luxury personal goods is valued at between $300 and $350 billion. The global haute couture and luxury ready-to-wear markets have experienced strong growth over the past decade. Paris is the world capital of luxury. The French haute couture and luxury ready-to-wear market is growing, in line with the sector's global growth. The haute couture clientele remains a very select group, mainly made up of women, with growing representation from Asia, the Gulf and Russia. Haute couture is often seen as a symbol of expertise and creativity, and is generally unprofitable, but it carries the image and reputation of luxury houses whose profitability comes from ancillary activities. Key players in haute couture and luxury ready-to-wear Chanel, Dior, Givenchy, Dior, Louis Vuitton, Fendi, Saint-Laurent, Gucci The major groups (LVMH and Kering) have considerable influence over market trends.

Jewelry sales in France exceed €3 billion The market is characterized by a high concentration of brands in large global groups. In 2023 production of precious jewelry is estimated at 4.7 billion euros while costume jewelry is over 500 million euros . Most jewelry purchases are made by women themselves, particularly those aged 30 to 45 and belonging to higher socio-professional classes. E-commerce has carved out a significant place for itself among urban dwellers and young people. Women are more likely to buy jewelry, generally spending between 160 and 170 euros, while men, who account for a smaller percentage of buyers, spend around 230 to 240 euros. Between 25 and 30% of consumers spend more than 300 euros per purchase, 20% between 100 and 300 euros and between 25 and 30% between 50 and 100 euros. Rings stand out as the preferred choice for both men (50%) and women, with men showing a 45-50% preference for rings. More than half of young people (18-34) have purchased jewelry at least o

The global clothing rental market is valued at $6.2 billion, with annual growth of 9.64%. The second-hand clothing market in France, a related sector, is also robust, with a valuation of 7 billion euros. The French clothing rental market Although in its infancy compared to its American counterpart, this market is showing promising signs of growth, thanks to changing consumer preferences from ownership to use. Some 18% of French people rented products during the year. Rental platforms like Le Closet and Les Cachotiéres cater to different customer segments and product ranges, from inexpensive to luxury items. The proportion of French consumers willing to rent clothes is 66%. Clothing rental ranges from luxury to special occasions, from everyday wear to sportswear. Women make the majority of these purchases, with the highest budgets observed in the 55-64 age bracket. The second-hand clothing market is estimated at between 6 and 8 billion euros in France, and between 80 and 90 billion euro

The French leather goods market exceeds €3.5 billion. Asian buyers are showing a marked appetite for leather goods. Sales in the Asia-Pacific region account for over 40% of the global market share. Counterfeiting is a major problem for the leather goods industry. The market is characterized by a strong dependence on subcontracting, with some luxury brands outsourcing a significant proportion of their production. trends in the French leather goods market The market encompasses a range of high-end products, including leather bags, wallets and belts. The French leather goods market, renowned for its fine craftsmanship and luxury segment, is growing and responding to robust international demand, particularly in the Asia-Pacific region. Exports total over €7 billion and are growing at an annual rate of almost 8%. Sales of luxury leather goods in France are mainly concentrated around three players, LVMH, Hermes International and Kering, who dominate the market. Digital sales channels are gai

The French luxury leather goods market is valued at €4 billion. from 2020 onwards, the global luxury leather goods market has grown significantly. Leading players such as LVMH, Hermès and Kering dominate the market. The industry is driven by growing demand from affluent upper-middle-class consumers, particularly in China, and online sales. The second-hand market for luxury goods has grown strongly. French luxury leather goods benefit from the "Made in France" label, synonymous with quality and expertise. The French luxury leather goods market: tourism and sustainability Women represent between 90% and 95% of the market for bags and small luxury leather goods. Total sales have risen from around €2.5 billion to almost €4 billion. This market is driven by the considerable influx of tourists to France and Paris, whose numbers exceed 90 million. The contribution of Chinese tourists to the French luxury market has been dazzling, with a 35% increase in the value of luxury purchases. Their inf

The global silk market is estimated at between $25 and $30 billion. Silk accounts for just 0.2% of the global textile fiber market, There is a strong demand for sustainable, responsible fashion that favors natural materials such as silk, perceived as having less impact on the environment. Silk demand trends and market overview in France Market dynamics reflect a clear penchant for products that combine traditional elegance with contemporary ethical standards. France has specialized in the production of luxury silk items such as the iconic Hermès carré. Much silk manufacturing has moved to China, India and Brazil. The value of silk fabric production is between 50 and 70 million euros. It accounts for almost 20% of European production, making it a key player alongside giants such as Italy. Demand for silk products from luxury brands is considerable. Trends indicate a growing awareness of sustainable and responsible fashion, with natural materials such as silk favored over synthetics. Key

The French market for jogging accessories is estimated at between €850 and €1 billion. The global market for jogging and running accessories is growing at a significant rate of around 7% per year. By 2023. The global sporting goods market is valued at between $470 and $480 billion, with the running segment accounting for between $30 and $35 billion. The French running market The jogging/running accessories market covers running shoes , running clothes , accessories and miscellaneous equipment (gloves, stopwatches, etc.) Around 40 to 45% of the population actively practice this sport. Numerous running events, such as half-marathons and marathons, have sprung up all over France. Players in the accessories sector, such as gloves and stopwatches, have multiplied. The French running accessories market is highly competitive and showing solid growth, driven by innovations in technology and mobile applications, as well as an active presence on social media. In France, men aged 35 to 50 are the

The French children's footwear market is estimated at €1.9 billion, with over 400 million pairs of shoes. The global children's footwear market was valued at $46.74 billion in 2022 and is expected to grow at an annual rate of 8.2%. One of the main drivers of demand in this market is the replacement cycle necessitated by children's rapid growth. Children consume six pairs of shoes a year. This figure is higher than the average for women and men, who buy around five and three-and-a-half pairs a year respectively. As children reach adolescence, their choice is more influenced by brand image and media representation. Online sales of children's shoes account for 12% of total online spending on footwear. The low birth rate in France is an obstacle to market growth. In ten years, the number of births has fallen from 12.6 to 10.6 per 1,000 inhabitants. The French footwear sector suffers from a significant trade deficit. The main players in the French children's footwear market Supermarket chai

In France, around 700,000 suits are sold every year, a very small proportion of which are made-to-measure. More than 2 million suits were sold 10 years ago. The global men's suit market, valued at $29.675 billion in 2022, is expected to grow at an average annual rate of 2.77% to 2028. Europe holds the largest market share (26%), followed by North America (22%). The made-to-measure suit segment, though a niche, is proving resilient and innovative. The French made-to-measure suit market The French apparel market, which includes made-to-measure suits, saw a sharp decline in 2020, with sales of €3 billion, but rebounded in 2022, reaching over €4 billion. Telecommuting has further accelerated this trend, particularly during the health crisis, which led to a drop of over 50% in suit sales. Only a small percentage of men buy a suit each year, and despite the decline in traditional suit wear, certain market segments, such as the made-to-measure sector, are holding up well. The rise of sartoria

In France, the PPE market is estimated at 1.3 billion euros. IN 2022, the global personal protective equipment (PPE) market experienced significant growth due to the COVID-19 pandemic. Sales reached a market value of $68.5 billion. This was largely due to increased demand for surgical masks. The sector encompasses a wide range of products designed to protect individuals against various occupational hazards, including head, eye, face, hearing and respiratory protection equipment, as well as protective clothing and footwear. The global flu pandemic Covid-19 has propelled the PPE market from around US$48 billion in 2018 to US$68.5 billion in 2022. In a normal year, the market is estimated at US$64 billion. Innovations and regulatory pressures are driving demand. Europe and North America together account for almost three-quarters of global market share. The main global market players are 3M, Honeywell and Ansell. Trends and outlook for the personal protective equipment market In France, th

The global market for connected eyewear is growing rapidly, driven by demand from professionals in diverse sectors such as logistics, healthcare and remote operations. The market has grown enormously, with a CAGR of 125.8%. This explosion in demand is fueled by the efficiency gains and immediate access to information that connected glasses offer professional users. The global market is estimated to be worth close to $20 billion by 2022 French companies have adopted targeted approaches, operating successfully in specific market segments and forming strategic distribution partnerships, such as Ellcie Healthy's partnership with Optic 2000. Consumer mistrust of data confidentiality continues to affect the market, with many expressing concerns about the security of their personal data associated with connected objects. Trends and demand in France In France, the market is driven by various workplace applications in logistics, healthcare and manufacturing. For example, "vision picking" in the

The French sunglasses market is estimated at 900 million euros and growing by 1.2% a year. The global sunglasses market is worth over $33 billion. Sunglasses account for 17% of total eyewear sales, with worldwide sales reaching 860 million units, representing 9% of the total volume of eyewear sold worldwide. The sector is dominated by powerful entities such as the Luxottica, Safilo, Walker and Marcolin groups. E-commerce accounts for 5% of sunglasses sales in France, while in-store purchases remain by far the majority. Diverse demand and trends in the sunglasses market Younger customers aged 18 to 34 allocate an average budget of around €80 to €90 for sunglasses, while those over 55 spend approximately €150 to €170. Around 40% of buyers spend less than 50 euros per purchase, and 20% more than 150 euros. 60% of buyers spend less than 60 euros on sunglasses. Key market players Distributors Krys has established itself as a reliable and well-established optician in France. Alain Afflelou s

The global market for connected watches has grown substantially. This trend is in line with the growing use of e-health functionalities. Apple remains the market leader, with sales of its Apple Watch more than tripling from 12 million units to 38 million, eclipsing the Swiss watch industry. The adoption of connected watches has also been boosted by the diversification of the product range, from luxury tastes to sporting utility, with notable collaborations such as Apple x Nike and Fitbit x Adidas. Emerging brands are closing in on market share, as shown by Amazon France's bestseller list, indicating that consumers are moving towards a mix of high-end and moderately priced models. the Asia-Pacific region is expected to show significant growth, contributing to the market's expected expansion at a CAGR of 8.2% from 2022 to 2030. The dynamic landscape of connected watch consumption in France The French connected watch sector reflects global trends, characterized by a wide diversity of play

The second-hand market for luxury watches in France is estimated at between 200 and 280 million euros The French watch market fluctuates between 1.5 and 1.8 billion euros depending on the year. The global luxury watch market is valued at over $24 billion, with an annual growth rate in excess of 8%. Traditional watchmakers such as Rolex have entered the certified pre-owned segment to compete with online platforms such as Chrono24. The luxury segment represents around 1% by volume, but commands around 42% by market value. A significant proportion of demand comes from collectors and watch enthusiasts who frequent auction houses. The digitization of sales has played an important role in the accessibility of pre-owned luxury watches. Players in the luxury watch market LVMH , TAG Heuer, Hublot and Zenith brands Richemont, Cartier, IWC Schaffhausen and Panerai brands Watchfinder (Griuoe richemont) specialist in certified pre-owned watches. Swatch Group, Omega, Longines and Breguet brands. Pla

The French luxury watch market is worth around 2 billion euros. The global luxury watch market is valued at $52 billion. Online sales jumped 27% in 2021. The secondary market for watches is booming. Swiss watch exports of around 24.8 billion Swiss francs in 2022 The luxury watch market is a symbol of opulence and success. at the end of the 1990s, luxury watchmaking experienced a sharp increase in demand due to the influx of Asian tourists. The market occupied by long-established companies is now being challenged by fashion brands, artisan manufacturers and smartwatches. Demand for luxury watches worth between 2,000 and 5,000 euros is considerable among Chinese customers, and much lower in Europe. Luxury watchmaking is dominated by several major groups alongside independent manufacturers and distributors. Companies such as LVMH, Richemont and the Swatch Group occupy a very important place in the market, but independent watchmakers continue to thrive. Key players in the luxury watch mark

The surfboard market is closely linked to the practice of this sport.

The French sneaker market is worth between €3.5 and €4 billion. The global sneaker market, valued at $91.01 billion in 2022, saw a significant drop in sales due to the COVID-19 pandemic, which caused heavy losses for the world leaders (Nike and Adidas) but rebounded rapidly after the crisis. The country is a net importer, with sneaker imports reaching $1.267 billion in 2022. Coverage has dropped to 46% by 2022. The sharp increase in sneaker exports, particularly to European countries such as Spain and Germany, testifies to the strength of international demand for French products. Trends in the French sports footwear market In recent years, the French athletic footwear market has proved remarkably dynamic in a declining total footwear market (€5.39 billion in 2022). Sneakers have moved beyond their athletic origins to become an essential part of everyday fashion, accounting for some 50-60% of all footwear sales. The appeal of sneakers is not limited to young people, but extends to all a

The French market men's underwear market is valued at around 140 million . The global market is worth around $40 billion. French production has fallen sharply due to the relocation of manufacturing abroad, in particular to China, Bangladesh and Vietnam, the three countries that dominate the market. There is a resurgence of the "Made in France" segment, driven by high-end brands such as Le Slip Français. Two brands dominate the mass-market, DIM and Athena. The market consists mainly of three types of product: briefs, boxer shorts and boxers. Boxer briefs are the most sought-after by young people. Older people prefer briefs. When choosing underwear, men prioritize comfort, followed by aesthetics, which has gained in importance over time. Black is the color preferred by over two-thirds of men, followed by blue and gray. 51% of women consider men's underwear to be attractive, compared with 58% of men. Spending on underwear varies between 25 and 35 euros per year. Market players Le Slip Fra

France has 8.6 million skiers and Europe over 72 million, who are the main target for skiwear. The global skiwear market is worth around $7 billion. Dynamics of the French skiwear market More than half of people aged 15 to 25 have skied little or not at all. Men account for around 40% of sales. The 20-34 age group represents just over 30% of the consumer base. Almost half of skiwear sales are made by brands of French origin. Consumers express a preference for durable products of known origin, using sustainable materials and with minimal ecological impact. This has led to the emergence of brands such as Picture Organic Clothing and The North Face, which are aligned with these values. The trend is now towards adaptive clothing that can seamlessly transition from the slopes to the street. Garments that offer a combination of comfort, technicality and style, generally made from materials such as Gore-Tex, are gaining ground. Skiwear encompasses a wide range of products, from insulated jack

French sportswear market estimated at €6.7 billion The global sportswear market is worth over €360 billion. Sportswear, originally designed for sporting activities, has evolved into everyday fashion. This market dynamic is influenced by the increase in sporting activities, the search for comfort and the evolution towards a sportswear lifestyle. France is the second largest sporting goods market in Europe after Germany. In France, Decathlon and Intersport control around 80% of the market. The market is dominated by physical retail outlets. Online sales remain marginal. The French sporting goods market exceeded 11 billion euros. Sportswear sales amounted to 6.7 billion euros Over 40% of sports purchases are now for non-sport activities. This trend is more pronounced among young people, particularly men under 30. Market leaders Decathlon stands out as a multi-sport retailer Intersport also occupies an important position as a multisport distributor Sport 2000 multi-sports retailer Go Sport

The French workwear market is estimated at between 1.2 and 1.5 billion euros The industry is highly concentrated, with a few leading companies holding substantial market shares. The COVID-19 pandemic prompted companies to multiply or renew their workwear to protect employees against health risks. While France specializes in technical textiles, a large part of industrial production has been outsourced, especially to China. Workwear market trends The industrial and construction sectors account for three-quarters of total workwear demand. Hotels and healthcare services are also major users of workwear. The public sector, which includes law enforcement, healthcare personnel and utility workers, also constitutes a substantial segment of market demand. The market for customized clothing in the service sector, where brand image and communication are becoming increasingly important, is booming. Large organizations such as SNCF and La Poste are investing heavily in workwear contracts worth seve

The global market for luxury women's clothing is estimated at between 40 and 50 billion euros. French companies account for around 25%. The luxury women's apparel market has continued to show robust growth in recent years, thanks to the expansion of affluent populations, particularly in Asia, the Middle East and Russia. Luxury apparel accounts for 22% of personal luxury goods. French brands account for 25% of global sales of women's clothing E-commerce has seen considerable growth, while trends are moving towards casual luxury clothing and ethical fashion, particularly among younger consumers. The industry gives priority to maintaining its "Made in France" image, which is associated with quality, design and status. The thriving luxury women's apparel market in France: Trends and key figures This market is thriving thanks to the influx of affluent individuals from the USA, Asia, the Gulf States and Russia, and the appeal of Paris as the fashion capital of the world. The global market fo

The French clothing market is estimated at over 4 billion euros This segment is defined as clothing specifically designed for children aged 0-36 months. It is estimated that French parents spend an average of between 50 and 60 euros a month on baby clothing. Specialist baby clothing stores account for around 8% of the French clothing retail trade. Online sales account for a considerable percentage of market share. The second-hand market for baby clothes is growing substantially. The number of brands and specialist stores is increasing. The drop in the birth rate in France, from around 12 to 13 births per 1,000 inhabitants to 11 to 12, is paving the way for a decline in market volume. most parents tend to prefer fabrics such as cotton and bamboo rayon for their softness and hypoallergenic properties. Key players in the babywear market Okaidi, part of the IdKids group, Petit Bateau Kaibi Orchestra H&M Patatam aims to revolutionize the approach to second-hand clothing Melijoe Jacadi and T

The French children's clothing market is estimated at 2.5 billion euros. The European market for children's and baby clothing is estimated at between 45 and 50 billion euros. One of the main influences on demand for children's clothing is the fertility rate, which fell from 12.8 births per 1,000 inhabitants to 11.3 over the decade. At the same time, the total number of births fell from around 830,000 to 760,000. Demand is also influenced by the growing preference for second-hand clothing. The children's clothing market is highly competitive, with a multitude of players including specialist brands, general retailers and e-commerce giants. Children's clothing prices are expected to continue their downward trend, driven by imports from Asian countries and reduced consumer spending on clothing. Sales of girls' clothing reached almost 1.5 billion euros, compared with 1 billion euros for boys. E-commerce is booming. Industry players H&M is a world leader in fast fashion Zara , part of the In

The French luggage market is estimated at between €500 and €550 million. The global luggage market is estimated at $39 billion, growing by 8% a year. The French luggage market is part of the wider leather goods and travel goods sector, estimated at €4 billion. The number of French travelers abroad is 5 million a year. Analysis of the French Luggage Market Companies often outsource their production, mainly to Asian countries. Luggage manufacturing focuses on lightness, durability and design, which are essential to meet airline regulations. The market includes suitcases, backpacks and business travel bags. Around 65% of French people go on vacation, with a predilection for short breaks, which account for 58% of travelers. France's good results in attracting foreign tourists, with over 89 million visitors, strengthen the market. A third of these tourists go shopping during their stay. The industry is concentrated, with luxury heavyweights such as Louis Vuitton, Lancel and Longchamp, and s

The French swimwear market is estimated at between 200 and 300 million euros. The global swimwear market is worth over $23 billion. The European market is worth around 5 billion euros. The French swimwear market is developing at a time when the entire apparel sector is in decline. The market includes products for men and women, as well as technical and leisure swimwear. Women account for three quarters of swimwear consumers. The women's swimwear market is on the rise, with 11.5 million pieces sold, an increase of 5.3%. Sales are worth between 225 and 235 million euros, and are tending to fall under the pressure of aggressive pricing by fast-fashion newcomers. One-piece swimwear accounts for the majority of sales. The men's sector, though smaller, is expanding, with annual growth of 7% Most production is outsourced to Asian countries, while France retains a small production base in the luxury sector. Technical, chlorine-resistant and elastic fabrics are in high demand. Players in the sw

The French women's ready-to-wear market is estimated at €13 billion. . The French market is experiencing structural difficulties, with mid-range brands struggling in a context of general market contraction. E-commerce is attracting more and more consumers, while traditional retail is facing a significant decline. In the French women's ready-to-wear market, a growing number of consumers are opting for ecological and socially responsible fashion. 28% of consumers said they had reduced their clothing purchases for ethical reasons. 80% of consumers consider price to be a key factor when buying clothes. The mid-market segment is experiencing saturation and increased competition. The entry-level and luxury segments are holding up relatively better. Almost 80% of women make frequent clothing purchases, with the average expenditure per transaction ranging from 45 to 65 euros. The proportion of clothing sales made online has jumped from 14% to 26% in the space of three years. Women's ready-to-w

French men's ready-to-wear market estimated at €7.5 billion The global menswear market, valued at $560.2 billion in 2022, is expected to grow at an average annual rate of 6%. In France, the menswear market accounts for around 15% of the country's clothing sales. Overall apparel market sales by value are down by more than 4% since 2019. More than a third of men have little interest in shopping as a leisure activity. Men value three key elements: fit, convenience and speed of purchase. 58% of men prefer classic, sober outfits. Price is a primary consideration for over 80% of consumers. Quality influences the choices of around 65% of consumers. Nearly half of men prefer well-known brands, and remain loyal to their favorite brands. In a survey carried out in March 2023, the main brands preferred by men are Celio, with over 50% favorable opinions, Jules and Kiabi, each favored by over 40% of the male population. In a struggling French ready-to-wear market, men's ready-to-wear is a more stab

Backpacks are part of the €3.5 billion market for leather goods and travel articles. The global backpack market, valued at $16 billion. The French market, dominated by powerful luxury brands such as Eastpak . The market is influenced by tourism, sport and education. The French market reveals a strong demand for school backpacks, influenced by the stable number of secondary school pupils, between 5 and 6 million, and the growing population of higher education students, which recently reached between 2.5 and 3 million. The sports backpack segment has grown considerably, benefiting from the French population's enthusiasm for sport and outdoor activities. Some 35% to 40% of French people take part in mountain-related leisure activities, while over 50% enjoy hiking or leisure walking. Manufacturing, often in Asia, ensures competitive prices, while adherence to regulations such as REACH guarantees compliance with safety and quality standards. Players in the backpack industry. Decathlon: a gi

French handbag market estimated at €7.6 billion The global handbag market, valued at $75 billion, is expected to grow at an annual rate of 7%. The French handbag market is expected to grow by 28% in 2022 compared with 2021, and is largely supported by exports. France, Europe's second-largest producer of handbags after Italy, has a national output of nearly 1.8 billion euros, which has doubled in 10 years. Production is between 10 and 15 million units. France's reputation for craftsmanship in leather goods is unrivalled. The luxury leather goods segment dominates the broader leather goods market. In the French handbag market, despite a period of reduced spending in the apparel sector (down around 15% between 2007 and 2018), the handbag segment has maintained its growth. 80% of French consumers are reassessing their consumption habits, and will reduce their clothing budget by 2023. Women are the core customers for handbags. The number of women owning a single handbag has increased signif

The French market for sportswear is estimated at 11 billion euros. The global sportswear market slowed significantly during the health crisis, shrinking to $160 billion. It also led to an increase in demand for comfortable, athleisure-style clothing The market is worth around $250 billion? The market share of sportswear is 24%. The United States is the largest market, with $73 billion. The sportswear segment encompasses footwear, apparel and accessories. The French sportswear market More than half of the French population, especially those aged 16 to 24, have adopted sportswear not only for sporting purposes, but also as everyday fashion items. Despite the rise of digital media, multi-brand retailers are the preferred choice of French consumers for athletic sportswear, accounting for over 50% of the market. Between 15% and 20% of purchasing decisions are influenced by online channels. The "Gorpcore" trend, which combines outdoor gear with everyday fashion, has particularly taken hold a

The global luxury menswear market is estimated at between €20 and €25 billion, with French companies controlling over 20% of the market. In 2020, the global luxury menswear market continues to show robust growth, in contrast to the downward trend in the broader ready-to-wear sector. The global luxury goods market is valued at €1,171 billion, with personal luxury goods at €160 billion, luxury apparel at nearly €60 billion and luxury menswear at €20 and €25 billion. French groups dominate the luxury frontier, with LVMH, Kering and Hermès. French players hold around 23.5% of the global luxury goods market. Their distribution strategy favors single-brand stores. The current trend is to mix fast-growing streetwear with traditional luxury goods. E-commerce has become increasingly important, accounting for 10% of global sales of personal luxury goods, and the second-hand luxury segment, particularly online, is experiencing significant growth. Foreign tourists to France account for half the sa