Fashion market in Mexico

The Mexican Fashion eCommerce market is predicted to reach US$6,823.3 million by 2023 and accounts for 16.2% of the total eCommerce market in Mexico. 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 13.0%, resulting in a projected market volume of US$11,109.0 million by 2027. Within the Fashion market ecommerceDB considers the following three sub-markets: Apparel, Bags & Accessories, and Footwear.

Market development

eCommerce revenue development in the Jerseys, Sweatshirts & Pullovers (men) market in Mexico

The Mexican Jerseys, Sweatshirts & Pullovers (men) eCommerce market is predicted to reach US$164.9 million by 2023 and accounts for 12.1% of the Men's Apparel eCommerce market in Mexico. 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 16.1%, resulting in a projected market volume of US$299.8 million by 2027. The Jerseys, Sweatshirts & Pullovers (men) eCommerce market is a sub-market of the Men's Apparel market. Further categories within the Men's Apparel market are: Blazers (men), Coats & Jackets (men), Night & Underwear (men), Shirts (men), Socks (men), Suits (men), T-Shirts (men), and Trousers (men).

eCommerce revenue development in the Jerseys, Sweatshirts & Pullovers (men) market in Mexico

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 53.8 18.9 12.0 66.8 95.9 59.7 65.3 98.4
AOV (in US$) 25.0 79.2 53.2 8.8 40.1 18.0 53.6 31.9
CVR (in %) 53.8 18.9 12.0 66.8 95.9 59.7 65.3 98.4
AOV: Average Order Value CVR: Conversion Rate

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