Fashion market in Saudi Arabia

Market development

eCommerce revenue development in the Handbags market in Saudi Arabia

The Saudi Arabian Handbags eCommerce market is predicted to reach US$50.0 million by 2024 and accounts for 39.8% of the Luggage & Bags eCommerce market in Saudi Arabia. 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 2.5%, resulting in a projected market volume of US$55.1 million by 2028. The Handbags eCommerce market is a sub-market of the Luggage & Bags market. Further categories within the Luggage & Bags market are: Backpacks & Daypacks, Hip & Fanny Packs, Other Luggage & Bags, and Suitcases.

eCommerce revenue development in the Handbags market in Saudi Arabia

in million US$

eCommerce revenue growth in the Handbags market in Saudi Arabia

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)61.626.438.587.884.127.112.596.3

Online share

eCommerce online share of the total Handbags market in Saudi Arabia

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 Saudi Arabian Handbags retail market, the online share is 20.4% and will decrease by an average of 10.7% to 13.0% by 2027.

eCommerce online share of the total Handbags market in Saudi Arabia

in %
20202021202220232024202520262027
Online share (in %)57.0%23.3%59.7%58.6%25.1%27.3%76.4%65.9%

Market definition

Definition of the Handbags market within the Fashion market

Market definition: Fashion > Bags & Accessories > Luggage & Bags > Handbags The category Handbags includes the online trade of handbags (e.g. tote bags, shoulder bags, crossbody bags, clutches). This category does not cover wallets and purses, backpacks and daypacks or hip and fanny packs. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Handbags (e.g. tote bags, shoulder bags, crossbody bags, clutches)

Out-of-scope

  • Wallets and purses
  • Backpacks and daypacks
  • Hip and fanny packs