Fashion market in Bangladesh
The Bangladeshi Fashion eCommerce market is predicted to reach US$1,495.3 million by 2024 and accounts for 18.9% of the total eCommerce market in Bangladesh. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 17.6%, resulting in a projected market volume of US$2,858.0 million by 2028. Within the Fashion market ECDB considers the following three sub-markets: Apparel, Footwear, and Bags & Accessories.
Market development
eCommerce revenue development in the Wallets & Purses market in Bangladesh
The Bangladeshi Wallets & Purses eCommerce market is predicted to reach US$27.2 million by 2024 and accounts for 30.9% of the Fashion Accessories eCommerce market in Bangladesh. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 18.0%, resulting in a projected market volume of US$52.6 million by 2028. The Wallets & Purses eCommerce market is a sub-market of the Fashion Accessories market. Further categories within the Fashion Accessories market are: Belts, Headwear, Other Accessories, Scarves & Shawls, and Sunglasses.
eCommerce revenue development in the Wallets & Purses market in Bangladesh
eCommerce revenue growth in the Wallets & Purses market in Bangladesh
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 96.2 | 12.9 | 47.3 | 96.0 | 29.2 | 58.2 | 49.4 | 50.0 |
Market definition
Definition of the Wallets & Purses market within the Fashion market
Market definition: Fashion > Bags & Accessories > Fashion Accessories > Wallets & Purses The category Wallets & Purses includes the online trade of wallets (e.g. bifold wallets, money clips, cardholders), purses (e.g. coin purses) and wristlets. This category does not cover clutches and small bags. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Wallets (e.g. bifold wallets, money clips, cardholders)
- Purses (e.g. coin purses)
- Wristlets
Out-of-scope
- Clutches
- Small bags
Market comparison
The Bangladeshi Wallets & Purses market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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