Fashion market in Mexico
The Mexican Fashion eCommerce market is predicted to reach US$8,299.9 million by 2024 and accounts for 21.0% 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 2024-2028) will be 18.0%, resulting in a projected market volume of US$16,070.5 million by 2028. Within the Fashion market ECDB considers the following three sub-markets: Apparel, Footwear, and Bags & Accessories.
Market development
eCommerce revenue development in the Other Luggage & Bags market in Mexico
The Mexican Other Luggage & Bags eCommerce market is predicted to reach US$17.1 million by 2024 and accounts for 3.5% of the Luggage & Bags 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 2024-2028) will be 19.5%, resulting in a projected market volume of US$35.0 million by 2028. The Other Luggage & Bags eCommerce market is a sub-market of the Luggage & Bags market. Further categories within the Luggage & Bags market are: Backpacks & Daypacks, Handbags, Hip & Fanny Packs, and Suitcases.
eCommerce revenue development in the Other Luggage & Bags market in Mexico
eCommerce revenue growth in the Other Luggage & Bags market in Mexico
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 78.3 | 89.7 | 15.1 | 14.1 | 55.2 | 99.7 | 31.6 | 18.7 |
Market definition
Definition of the Other Luggage & Bags market within the Fashion market
Market definition: Fashion > Bags & Accessories > Luggage & Bags > Other Luggage & Bags The category Other Luggage & Bags includes the online trade of diaper bags, strollers and buggies, briefcases, and more. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Diaper bags
- Strollers and buggies
- Briefcases
- Packing cubes
- Dress and garment bags
- Pet carriers
Market comparison
The Mexican Other Luggage & Bags market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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