Fashion market in the U.S.
The U.S. Fashion eCommerce market is predicted to reach US$224,047.5 million by 2024 and accounts for 21.1% of the total eCommerce market in the United States. 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 4.3%, resulting in a projected market volume of US$265,400.9 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 Luggage & Bags market in the U.S.
The U.S. Luggage & Bags eCommerce market is predicted to reach US$14,637.8 million by 2024 and accounts for 29.6% of the Bags & Accessories eCommerce market in the United States. 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 4.4%, resulting in a projected market volume of US$17,389.6 million by 2028. The Luggage & Bags eCommerce market is a sub-market of the Bags & Accessories market. Further categories within the Bags & Accessories market are: Fashion Accessories, and Jewelry & Watches.
eCommerce revenue development in the Luggage & Bags market in the U.S.
eCommerce revenue growth in the Luggage & Bags market in the U.S.
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 97.1 | 48.6 | 74.7 | 46.9 | 82.4 | 25.6 | 92.7 | 91.9 | ||||
as of Bags & Accessories (in %) | 1.0 | 1.1 | 1.2 | 1.2 | 1.2 | 1.1 | 1.2 | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 |
Market definition
Definition of the Luggage & Bags market within the Fashion market
Market definition: Fashion > Bags & Accessories > Luggage & Bags The category Luggage & Bags includes the online trade of suitcases, backpacks and daypacks, hip and fanny packs, and more. This category does not cover wallets and purses and protective cases and covers for electronic devices (e.g. smartphone cases and covers). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Suitcases
- Backpacks and daypacks
- Hip and fanny packs
- Handbags
Out-of-scope
- Wallets and purses
- Protective cases and covers for electronic devices (e.g. smartphone cases and covers)
Market comparison
The U.S. Luggage & Bags market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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