Fashion market in Malaysia
The Malaysian Fashion eCommerce market is predicted to reach US$3,195.2 million by 2024 and accounts for 19.5% 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 2024-2028) will be 12.9%, resulting in a projected market volume of US$5,194.3 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 Accessories market in Malaysia
The Malaysian Other Accessories eCommerce market is predicted to reach US$4.3 million by 2024 and accounts for 2.1% of the Fashion Accessories 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 2024-2028) will be 19.1%, resulting in a projected market volume of US$8.7 million by 2028. The Other Accessories eCommerce market is a sub-market of the Fashion Accessories market. Further categories within the Fashion Accessories market are: Belts, Headwear, Scarves & Shawls, Sunglasses, and Wallets & Purses.
eCommerce revenue development in the Other Accessories market in Malaysia
eCommerce revenue growth in the Other Accessories market in Malaysia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 28.1 | 90.1 | 99.4 | 89.4 | 80.1 | 43.3 | 53.2 | 85.8 |
Market definition
Definition of the Other Accessories market within the Fashion market
Market definition: Fashion > Bags & Accessories > Fashion Accessories > Other Accessories The category Other Accessories includes the online trade of gloves, umbrellas, keychains, and more. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Gloves
- Umbrellas
- Keychains
- Handkerchiefs
- Ties and neckties
- Cufflinks
Market comparison
The Malaysian Other Accessories market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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