Fashion market in Canada

The Canadian Fashion eCommerce market is predicted to reach US$14,730.6 million by 2024 and accounts for 23.7% of the total eCommerce market in Canada. 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 8.1%, resulting in a projected market volume of US$20,125.7 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 Fashion market in Canada

The Canadian Fashion eCommerce market is predicted to reach US$14,730.6 million by 2024 and accounts for 23.7% of the total eCommerce market in Canada. 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 8.1%, resulting in a projected market volume of US$20,125.7 million by 2028. Within the Fashion market ECDB considers the following three sub-markets: Apparel, Footwear, and Bags & Accessories.

eCommerce revenue development in the Fashion market in Canada

in million US$

eCommerce revenue growth in the Fashion market in Canada

in %

Net eCommerce revenue split by sub-category

in %
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 %) 34.1 46.0 82.8 64.1 89.9 72.3 99.2 90.9

Online share

eCommerce online share of the total Fashion market in Canada

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Canadian Fashion retail market, the online share is 28.3% and will increase by an average of 3.7% to 32.7% by 2028.

eCommerce online share of the total Fashion market in Canada

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 37.2% 1.1% 20.1% 6.9% 46.6% 60.0% 47.3% 88.5%

Top stores

Top five Fashion online stores in Canada by net sales 2023

With sales in the Canadian Fashion market, shein.com generated a revenue of US$844.4 million in 2023, which means it is the leading online store in this market. The Fashion ranking of Canada is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.

eCommerce net sales generated in the Fashion market in Canada in 2023

in million US$
Filtered revenue / share
Global revenue
Growth
US$900.0m
20.7%
US$8,300.0m 8.3%
US$550.0m
12.0%
US$4,600.0m 12.4%
US$470.0m
3.9%
US$1,190.0m 33.6%
US$430.0m
20.6%
US$2,122.0m 18.0%
US$370.0m
20.7%
US$1,814.0m 12.6%

Payment Methods

Top 5 offered payment methods in the Canadian Fashion market

With 99.5% VISA the most commonly offered payment method of all online stores in the Canadian Fashion eCommerce market in 2023. Like VISA Mastercard with a penetration of 99.5%, American Express with a share of 82.9%, and Discover with a share of 41.2% the payment type Cards is the most common used by online retailers in in the Canadian Fashion eCommerce market in 2023. With a share 78.4% PayPal is the most common used payment method offered to the clients of type E-wallets.

Top 5 offered payment methods in the Canadian Fashion market

in %

See all stores offering


Shipping Service Provider

Top 5 offered shipping providers in the Canadian Fashion market

With 80.1% of all online retailers using Canada Post it is the dominating shipping service provider in the Canadian Fashion eCommerce market in 2023. UPS (United Parcel Service) follows at a distant second, utilized by 25.3% of online retailers. Other shipping service providers, including FedEx, Purolator, and DHL, are employed by a significantly smaller proportion of online retailers.

Top 5 offered shipping providers in the Canadian Fashion market

in %

Market definition

Definition of the Fashion market

Market definition: Fashion The category Fashion encompasses the commercial (B2C) sale of apparel (e.g. jackets, t-shirts, joggers, underwear), footwear (e.g. sneakers, boots, sandals), bags (e.g. handbags, backpacks, suitcases), and accessories (e.g. hats, sunglasses, jewelry, watches) via digital channels. Sport-specific equipment (e.g. climbing shoes, goalkeeper gloves, wetsuits), eye care (e.g. glasses and sunglasses with prescriptions) or beauty care (e.g. make-up, fragrances) are not included in this segment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Apparel (e.g. jackets, t-shirts, joggers, underwear)
  • Footwear (e.g. sneakers, boots, sandals)
  • Bags (e.g. handbags, backpacks, suitcases)
  • Accessories (e.g. hats, sunglasses, jewelry, watches)

Out-of-scope

  • Sport-specific equipment (e.g. climbing shoes, goalkeeper gloves, wetsuits)
  • Eye care (e.g. glasses and sunglasses with prescriptions)
  • Beauty care (e.g. make-up, fragrances)