Fashion market in Honduras

Market development

eCommerce revenue development in the Jewelry market in Honduras

The Honduran Jewelry eCommerce market is predicted to reach US$5.0 million by 2024 and accounts for 54.2% of the Jewelry & Watches eCommerce market in Honduras. 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 17.3%, resulting in a projected market volume of US$9.4 million by 2028. The Jewelry eCommerce market is a sub-market of the Jewelry & Watches market. Further categories within the Jewelry & Watches market are: Other Jewelry & Watches, and Watches.

eCommerce revenue development in the Jewelry market in Honduras

in million US$

eCommerce revenue growth in the Jewelry market in Honduras

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)31.315.919.127.591.340.15.885.8

Online share

eCommerce online share of the total Jewelry market in Honduras

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 Honduran Jewelry retail market, the online share is 36.6% and will increase by an average of 5.9% to 46.0% by 2028.

eCommerce online share of the total Jewelry market in Honduras

in %
20202021202220232024202520262027
Online share (in %)49.0%69.7%60.1%70.6%11.2%40.0%37.6%6.8%

Market definition

Definition of the Jewelry market within the Fashion market

Market definition: Fashion > Bags & Accessories > Jewelry & Watches > Jewelry The category Jewelry includes the online trade of jewelry (e.g earrings, rings, necklaces, bracelets, bangles, anklets, belly chains, piercings). This category does not cover watches. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Jewelry (e.g earrings, rings, necklaces, bracelets, bangles, anklets, belly chains, piercings)

Out-of-scope

  • Watches