Fashion market in Iraq
The Iraqi Fashion eCommerce market is predicted to reach US$233.4 million by 2023 and accounts for 17.7% of the total eCommerce market in Iraq. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 1.1%, resulting in a projected market volume of US$244.3 million by 2027. Within the Fashion market ECDB considers the following three sub-markets: Apparel, Footwear, and Bags & Accessories.
Market development
eCommerce revenue development in the Fashion Accessories market in Iraq
The Iraqi Fashion Accessories eCommerce market is predicted to reach US$9.1 million by 2023 and accounts for 26.5% of the Bags & Accessories eCommerce market in Iraq. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 7.2%, resulting in a projected market volume of US$12.0 million by 2027. The Fashion Accessories eCommerce market is a sub-market of the Bags & Accessories market. Further categories within the Bags & Accessories market are: Jewelry & Watches, and Luggage & Bags.
eCommerce revenue development in the Fashion Accessories market in Iraq
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Fashion Accessories market in Iraq
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 70.0 | 62.2 | 33.3 | 69.4 | 95.2 | 69.3 | 89.6 | 69.2 |
AOV (in US$) | 0.7 | 0.6 | 0.3 | 0.8 | 0.3 | 0.8 | 0.0 | 1.0 |
CVR (in %) | 64.2 | 56.5 | 50.1 | 76.2 | 82.3 | 94.3 | 53.8 | 89.5 |
Market definition
Definition of the Fashion Accessories market within the Fashion market
Market definition: Fashion > Bags & Accessories > Fashion Accessories The category Fashion Accessories includes the online trade of belts, scarves and shawls, sunglasses, and more. This category does not cover luggage and bags and jewlery and watches. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Belts
- Scarves and shawls
- Sunglasses
- Headgear
- Wallets
- Wallets and purses
Out-of-scope
- Luggage and bags
- Jewlery and watches
Select sub-category
-
-
-
-
- Other Accessories *
-
- Other Jewelry & Watches *
-
-
-
-
* Not available for the selected country