Fashion market in Paraguay
The Paraguayan Fashion eCommerce market is predicted to reach US$139.8 million by 2024 and accounts for 22.0% of the total eCommerce market in Paraguay. 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 5.3%, resulting in a projected market volume of US$171.6 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 Suits & Trouser Suits market in Paraguay
The Paraguayan Suits & Trouser Suits eCommerce market is predicted to reach US$3.5 million by 2024 and accounts for 4.4% of the Apparel eCommerce market in Paraguay. 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 8.4%, resulting in a projected market volume of US$4.8 million by 2028. The Suits & Trouser Suits eCommerce market is a sub-market of the Apparel market. Further categories within the Apparel market are: Dresses & Skirts, Jackets, Coats & Anoraks, Other Apparel, Pants, Socks, Sweaters, T-Shirts, Shirts & Blouses, Underwear & Nightwear, and Workwear.
eCommerce revenue development in the Suits & Trouser Suits market in Paraguay
eCommerce revenue growth in the Suits & Trouser Suits market in Paraguay
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 91.0 | 71.1 | 64.1 | 31.3 | 3.3 | 98.4 | 59.8 | 22.4 |
Market definition
Definition of the Suits & Trouser Suits market within the Fashion market
Market definition: Fashion > Apparel > Suits & Trouser Suits The category Suits & Trouser Suits includes the online trade of suits, tuxedos and trouser suits. This category does not cover ties, pocket squares or cufflinks. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Suits
- Tuxedos
- Trouser suits
Out-of-scope
- Ties
- Pocket squares
- Cufflinks
- Belts
Market comparison
The Paraguayan Suits & Trouser Suits market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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