Global Fashion market
The global Fashion eCommerce market is expected to increase over the next years. It is predicted to reach US$1,275,495.0 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 5.8%. ECDB considers the following three sub-markets within the Fashion market: Apparel, Bags & Accessories, and Footwear. Apparel is the largest sub-market and accounts for 52.9% of the global Fashion market.
Market development
eCommerce revenue development in the global Backpacks & Daypacks market
The global Backpacks & Daypacks eCommerce market is expected to increase over the next years. It is predicted to reach US$23,751.2 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 10.8%. The Backpacks & Daypacks eCommerce market is a sub-market of the Luggage & Bags market and accounts for 25.3% within this market. Further categories within the Luggage & Bags market are: Handbags, Hip & Fanny Packs, Other Luggage & Bags, and Suitcases.
eCommerce revenue development in the global Backpacks & Daypacks market
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the global Backpacks & Daypacks market
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 38.8 | 49.0 | 18.3 | 24.6 | 64.9 | 15.9 | 35.0 | 19.7 |
| AOV (in US$) | 0.8 | 0.1 | 0.1 | 0.2 | 0.5 | 1.0 | 0.8 | 0.9 |
| CVR (in %) | 97.3 | 24.7 | 87.2 | 16.7 | 26.0 | 95.7 | 64.5 | 56.7 |
Market definition
Definition of the Backpacks & Daypacks market within the Fashion market
Market definition: Fashion > Bags & Accessories > Luggage & Bags > Backpacks & Daypacks The category Backpacks & Daypacks includes the online trade of backpacks (e.g laptop backpacks, trekking backpacks, roll-top backpacks), daypacks and duffel and barrel bags. This category does not cover handbags. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Backpacks (e.g laptop backpacks, trekking backpacks, roll-top backpacks)
- Daypacks
- Duffel and barrel bags
Out-of-scope
- Handbags
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