Fashion market in Russia

Market development

eCommerce revenue development in the Suits & Trouser Suits market in Russia

The Russian Suits & Trouser Suits eCommerce market is predicted to reach US$259.0 million by 2024 and accounts for 3.6% of the Apparel eCommerce market in Russia. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -3.0%, resulting in a projected market volume of US$229.2 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 Russia

in million US$

eCommerce revenue growth in the Suits & Trouser Suits market in Russia

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)44.321.030.087.046.721.884.751.2

Online share

eCommerce online share of the total Suits & Trouser Suits market in Russia

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Russian Suits & Trouser Suits retail market, the online share is 31.1% and will increase by an average of 17.3% to 58.8% by 2028.

eCommerce online share of the total Suits & Trouser Suits market in Russia

in %
20202021202220232024202520262027
Online share (in %)36.7%55.5%48.2%70.6%22.2%82.1%10.4%30.3%

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