Fashion market in the UK

The UK Fashion eCommerce market is predicted to reach US$43,387.6 million by 2024 and accounts for 28.4% of the total eCommerce market in the United Kingdom. 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 5.9%, resulting in a projected market volume of US$54,612.1 million by 2028. Within the Fashion market ECDB considers the following three sub-markets: Apparel, Bags & Accessories, and Footwear.

Market development

eCommerce revenue development in the Belts market in the UK

The UK Belts eCommerce market is predicted to reach US$818.1 million by 2024 and accounts for 18.4% of the Fashion Accessories eCommerce market in the United Kingdom. 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 2.7%, resulting in a projected market volume of US$910.3 million by 2028. The Belts eCommerce market is a sub-market of the Fashion Accessories market. Further categories within the Fashion Accessories market are: Headwear, Other Accessories, Scarves & Shawls, Sunglasses, and Wallets & Purses.

eCommerce revenue development in the Belts market in the UK

in million US$

eCommerce revenue growth in the Belts market in the UK

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)90.521.881.22.516.914.664.02.7

Online share

eCommerce online share of the total Belts market in the UK

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 UK Belts retail market, the online share is 52.6% and will increase by an average of 2.9% to 59.0% by 2028.

eCommerce online share of the total Belts market in the UK

in %
20202021202220232024202520262027
Online share (in %)49.4%66.8%82.4%10.6%0.4%48.7%73.1%28.1%

Market definition

Definition of the Belts market within the Fashion market

Market definition: Fashion > Bags & Accessories > Fashion Accessories > Belts The category Belts includes the online trade of belts (e.g. leather belts, chain belts, western belts). This category does not cover tool belts. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Belts (e.g. leather belts, chain belts, western belts)

Out-of-scope

  • Tool belts

Market comparison

The UK Belts market in a global comparison

Market comparison by growth, online share, and revenue in 2023

in %