10+ Best & Profitable Accessories Business Ideas [2023]

Looking for an exciting business opportunity for 2023? Discover the top 10+ most profitable accessories business ideas that you can start today and maximize your profits in the new year!
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

Image of accessories business ideas
This page may feature products from our affiliate partners, which could influence the products we discuss due to potential compensation. Despite this, our evaluations are impartial, based solely on our independent analysis. The content here is intended for informational purposes and should not be seen as legal advice. For professional guidance, consulting with a legal expert is recommended.
What are you waiting for?
Quit that job & start your business with ZenBusiness today.

Hey there, future entrepreneur! Are you dreaming of starting your own business but don't know where to start? Or maybe you're already running a business and are looking for some fresh, profitable ideas to expand your product range? Well, you're in the right place! Welcome to our guide on the 10+ Best & Profitable Accessories Business Ideas for 2023.

Imagine, it's a sunny day in 2023. You're sitting in your chic office, sipping your favorite coffee, and watching the orders roll in for your booming accessories business. Sounds like a dream, right? But what if we told you it's totally achievable?

Whether it's fashion accessories, tech gadgets, or home decor, the accessories market is vast and full of potential. In this article, we're going to share with you some of the best and most profitable accessories business ideas for the coming year. So, buckle up and get ready to kickstart your entrepreneurial journey!

Remember, every successful business started with just an idea and a dash of courage. So let's dive in and explore these exciting opportunities together. Who knows? Your dream business might just be a few scrolls away!

Jewelry Design

Jewelry design is the art of creating unique, stylish and decorative adornments for people to wear. It is a great business idea for those who have a passion for creativity, an eye for aesthetic trends, and a commitment to customer satisfaction. Here are some reasons why jewelry design makes a great business idea:

  • It offers a creative outlet to bring ideas to life and make customers’ visions come to life.
  • It can be rewarding financially.
  • It provides a platform to display your creativity with the potential for long-term success.
  • It can be started with relatively low start-up costs.
image of a Jewelry Design

Scarves & Hats

Scarves & hats make a great business idea as they are stylish, practical, and can be created in a variety of colors, designs and fabrics. With the right marketing, this business could be profitable in a relatively short amount of time. Here are some of the benefits of selling scarves & hats:

  • Headwear is a staple accessory and always in style year-round
  • Scarves & hats can be customized to individual taste
  • The materials used to create scarves & hats are readily available
  • The potential for repeat customers is high due to seasonal fashion changes
Featured Business Formation Partners
image of ZenBusiness logo
ZenBusiness
Turn your business vision into reality with ZenBusiness's streamlined LLC formation and expert support services.
Newfoundrz Rating ★★★★★
image of Northwest Registered Agent logo
Northwest Registered Agent
Secure your business's future with Northwest Registered Agent's personalized LLC formation and privacy-focused expertise.
Newfoundrz Rating ★★★★★
image of Bizee logo
Bizee
Kickstart your business effortlessly with Bizee's comprehensive LLC services and free first-year registered agent support.
Newfoundrz Rating ★★★★★

Examples of successful businesses:

Below is a list of successful companies in the accessories business industry:

  • Gucci
  • Louis Vuitton
  • Cartier
  • Coach
  • Tiffany & Co.
  • Chanel
  • Fendi
  • Prada
  • Yves Saint Laurent
  • Michael Kors

Shoes & Boots

Shoes & Boots is a business idea that offers a wide variety of shoes for sale. The idea is to provide customers with a selection of styles, colors and sizes to choose from, making it easier for them to find the perfect shoe for any occasion. The advantages of such a business include:

  • Wide selection of styles, colors and sizes
  • Competitive pricing
  • Excellent customer service
  • High focus on quality and craftsmanship
  • Opportunity to customize shoes according to customer needs

Handbags

A handbag is a type of bag that is usually used to carry items such as clothing, makeup, wallets, and other personal belongings. Handbags can range from very simple designs to highly stylish and intricate bags that are made with expensive materials. Handbags make a great business idea because:

  • They are very popular items, especially among women.
  • They are relatively easy to create or manufacture.
  • The profit margins on handbags can be high.
  • Handbags come in a wide variety of designs and styles.
  • They can be customized to suit the preferences of customers.

Phone Cases

A phone case is a protective covering for a mobile phone, typically made from durable materials such as silicone or leather. Phone cases provide protection to phones from scratches, dust, and normal wear-and-tear. Many phone cases also offer additional features like pockets or slots for credit cards, compartments for charging cables, or even built-in stands. For these reasons, a phone cases business can be a great way to reach out to customers and make some money.

  • Phone cases come in a variety of sizes, shapes and materials.
  • Phone cases provide durability and protection from scratching and bumps.
  • Additional features like pockets or compartments add additional value for the user.
  • Phone cases are available to fit almost any budget
  • Phone cases can be customized with logos or artwork for businesses

Watches & Clocks

A watches & clocks business is a great idea for anyone looking to start their own small business. It offers many advantages such as:

  • Low supplies and overhead costs
  • Wide variety of products to choose from
  • Potential for creating unique items
  • High demand for these types of products
  • Opportunities to specialize in particular watch and clock brands or styles

Sunglasses & Eyewear

Sunglasses and eyewear can make for a great business idea. They appeal to a wide range of customers, from fashion-savvy individuals who want to stay up to date with the latest trends to outdoor adventurers who need protection from the sun. Additionally, they are typically affordable items that are easy to stock and ship. Here are some selling points of selling sunglasses and eyewear:

  • Fashionable and trendy products
  • Protects eyes from the sun
  • Easy to stock and ship
  • Affordable for customers
  • Broad customer base

Wallets & Money Clips

Wallets and money clips are accessories designed to store cash and cards in a convenient and stylish manner. They make a great business idea because they are practical, cost effective, and fashionable. Some of the benefits of selling wallets and money clips include:

  • Easy to manufacture
  • Diverse design options
  • Can be customized for customers
  • Fast-moving products that can be easily reordered
  • Customers enjoy the convenience and style of wallets & money clips

Belts & Suspenders

A belts & suspenders business idea is a simple way to tap into the growing popularity of stylish clothing accessories. A belts & suspenders business allows you to create and sell stylish belts, suspenders, and belts-and-suspenders sets that are fashionable and unique. The following are some benefits of starting a belts & suspenders business:

  • Low startup costs
  • Versatile designs
  • Vast customer base
  • A hands-on business model
  • Opportunity for significant profits

Travel Accessories

Travel accessories are items used to make travel easier, more comfortable, and more enjoyable. Examples of these items include passport holders, travel organizers, luggage tags, pillows, blankets, neck pillows, adapters, electrical converters, toiletry bags, etc. These items can make a great business idea because:

  • Travel accessories are useful for a wide variety of travelers – business people, vacationers, international travelers – so they appeal to a large customer base.
  • There is a wide variety of products available in this category – both generic and designer – so customers can find something that matches their needs.
  • Accessories are often used as gifts or souvenirs so they may be bought in bulk.
  • The market is likely to remain strong for the foreseeable future as more people travel for leisure and business.

Newfoundr

Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.