Fashion market in Denmark

Market development

eCommerce revenue development in the Wallets & Purses market in Denmark

The Danish Wallets & Purses eCommerce market is predicted to reach US$18.4 million by 2024 and accounts for 17.2% of the Fashion Accessories eCommerce market in Denmark. 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 3.5%, resulting in a projected market volume of US$21.2 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 Denmark

in million US$

eCommerce revenue growth in the Wallets & Purses market in Denmark

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)94.197.947.568.476.282.530.491.5

Online share

eCommerce online share of the total Wallets & Purses market in Denmark

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 Danish Wallets & Purses retail market, the online share is 30.3% and will increase by an average of 7.4% to 40.3% by 2028.

eCommerce online share of the total Wallets & Purses market in Denmark

in %
20202021202220232024202520262027
Online share (in %)19.3%45.9%53.0%4.2%84.7%51.8%10.5%47.7%

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