Fashion market in Serbia
The Serbian Fashion eCommerce market is predicted to reach US$292.4 million by 2023 and accounts for 30.6% of the total eCommerce market in Serbia. 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 15.8%, resulting in a projected market volume of US$526.7 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 Other Accessories market in Serbia
The Serbian Other Accessories eCommerce market is predicted to reach US$4.0 million by 2023 and accounts for 5.7% of the Bags & Accessories eCommerce market in Serbia. 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 15.0%, resulting in a projected market volume of US$6.9 million by 2027. The Other Accessories eCommerce market is a sub-market of the Bags & Accessories market. Further categories within the Bags & Accessories market are: Clothing Accessories & Other Clothes (children), Clothing Accessories & Other Clothes (men), Clothing Accessories & Other Clothes (women), Eyewear, Luggage & Bags, Luxury Leather Goods, and Watches & Jewelry.
eCommerce revenue development in the Other Accessories market in Serbia
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
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Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 22.7 | 2.7 | 44.4 | 10.8 | 38.5 | 35.7 | 23.3 | 66.8 |
AOV (in US$) | 22.1 | 66.6 | 14.7 | 31.8 | 33.9 | 28.8 | 58.3 | 88.5 |
CVR (in %) | 22.7 | 2.7 | 44.4 | 10.8 | 38.5 | 35.7 | 23.3 | 66.8 |
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- Blazers (children) *
- Coats & Jackets (children) *
- Dresses & Skirts (children) *
- Shirts & Blouses (children) *
- Suits & Ensembles (children) *
- T-Shirts (children) *
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- Suits & Ensembles (women) *
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- Clothing Accessories & Other Clothes (children) *
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- Luxury Eyewear *
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- Luxury Jewelry *
- Luxury Watches *
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