Global Fashion market

The global Fashion eCommerce market is expected to increase over the next years. It is predicted to reach US$1,411,649.6 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 8.5%. ECDB considers the following three sub-markets within the Fashion market: Apparel, Footwear, and Bags & Accessories. Apparel is the largest sub-market and accounts for 51.5% of the global Fashion market.

Market development

eCommerce revenue development in the global Footwear market

The global Footwear eCommerce market is expected to increase over the next years. It is predicted to reach US$430,789.2 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 4.9%. The Footwear eCommerce market is a sub-market of the Fashion market and accounts for 30.5% within this market. Further categories within the Fashion market are: Apparel and Bags & Accessories.

eCommerce revenue development in the global Footwear market

in million US$

eCommerce revenue growth in the global Footwear market

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)0.350.761.634.611.427.447.850.9

Online share

eCommerce online share of the total Footwear market

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 global Footwear retail market, the online share is 28.3% and will increase by an average of 4.8% to 34.2% by 2028.

eCommerce online share of the total Footwear market

in %
20202021202220232024202520262027
Online share (in %)67.3%92.1%5.1%81.7%12.7%32.5%41.4%25.3%

Top stores

Top five Footwear online stores worldwide by net sales 2023

With sales in the global Footwear market, jd.com generated a revenue of US$8,108.4 million in 2023, which means it is the leading online store in this market. The global Footwear ranking is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The ranking shows a filtered revenue. It only includes sales within the market Footwear.

eCommerce net sales generated in the Footwear market in 2023

in million US$
Filtered revenue / share
Global revenue
Growth
US$900.0m
20.7%
US$8,300.0m8.3%
US$550.0m
12.0%
US$4,600.0m12.4%
US$470.0m
3.9%
US$1,190.0m33.6%
US$430.0m
20.6%
US$2,122.0m18.0%
US$370.0m
20.7%
US$1,814.0m12.6%

Market definition

Definition of the Footwear market within the Fashion market

Market definition: Fashion > Footwear The category Footwear comprises digital sales of sneakers, sports shoes, sandals, and more. This category does not cover sport-specific footware (e.g. soccer shoes, climbing shoes, bike shoes) and orthopedic footwear. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Sneakers
  • Sports shoes
  • Sandals
  • Boots
  • High heels
  • Slippers

Out-of-scope

  • Sport specific footware (e.g. soccer shoes, climbing shoes, bike shoes)
  • Orthopedic footwear