Business Idea: Start A Niche Accessories Brand in 2024
Niche accessories make excellent small business ideas. The profit margins in these businesses are pretty significant because of the product markup. You could have a small Etsy store or sell them through marketplace sites such as Amazon, Facebook, and eBay.
The niche market for custom accessories is estimated to be nearly $473.46B by 2020 and it contains a variety of product categories ranging from jewelry, handbags, and small leather goods to house decorations and small fashion apparel accessories. Niche accessories are currently enjoying strong growth, projected to continue during this decade.
Revenue & Profitability
How much do niche accessories brands make?
- On average, successful niche accessories brands report $2.35M/year in revenue.
- 83% of niche accessories brands report being profitable.
Startup Costs
How much does it cost to start a niche accessories brand?
- It can cost as low as $20 to start a niche accessories brand.
- It can cost as high as $50,000 to start a niche accessories brand.
Learn more about the costs of a niche accessories brand.
Examples Of Successful Niche Accessories Brands
Successful niche accessories brand businesses and case studies
Ekster founders discuss how they raised over $1M on Kickstarter, became the world’s “most successful smart wallet brand” according to Forbes, and offer advice for other entrepreneurs on using crowdfunding for market validation and early-stage funding.
BBQGrills.com is an online retailer of outdoor kitchen equipment, BBQ grills, and patio heaters that earned $2 million in sales within its first year of business through a focus on quality, performance, and customer service.
See full list of successful niche accessories brands.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
