Fashion market in Malaysia

The Malaysian Fashion eCommerce market is predicted to reach US$2,846.2 million by 2023 and accounts for 27.9% of the total eCommerce market in Malaysia. 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 12.2%, resulting in a projected market volume of US$4,518.0 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 (children) market in Malaysia

The Malaysian Jerseys, Sweatshirts & Pullovers (children) eCommerce market is predicted to reach US$42.2 million by 2023 and accounts for 20.8% of the Children's Apparel eCommerce market in Malaysia. 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 12.5%, resulting in a projected market volume of US$67.5 million by 2027. The Jerseys, Sweatshirts & Pullovers (children) eCommerce market is a sub-market of the Children's Apparel market. Further categories within the Children's Apparel market are: Blazers (children), Coats & Jackets (children), Dresses & Skirts (children), Night & Underwear (children), Shirts & Blouses (children), Socks (children), Sports & Swimwear (children), Suits & Ensembles (children), T-Shirts (children), Tights & Leggings (children), and Trousers (children).

eCommerce revenue development in the Jerseys, Sweatshirts & Pullovers (children) market in Malaysia

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 65.6 69.2 24.1 54.6 90.2 5.9 76.7 32.0
AOV (in US$) 94.3 25.9 86.5 48.3 97.8 6.0 3.0 74.4
CVR (in %) 65.6 69.2 24.1 54.6 90.2 5.9 76.7 32.0
AOV: Average Order Value CVR: Conversion Rate