Global Fashion market
The global Fashion eCommerce market is expected to increase over the next years. It is predicted to reach US$1,254,197.4 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 8.4%. 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 51.4% of the global Fashion market.
Market development
eCommerce revenue development in the global Handbags market
The global Handbags eCommerce market is expected to increase over the next years. It is predicted to reach US$40,117.8 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 6.9%. The Handbags eCommerce market is a sub-market of the Luggage & Bags market and accounts for 54.9% within this market. Further categories within the Luggage & Bags market are: Backpacks & Daypacks, Hip & Fanny Packs, Other Luggage & Bags, and Suitcases.
eCommerce revenue development in the global Handbags market
eCommerce revenue growth in the global Handbags market
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 58.4 | 37.7 | 92.0 | 36.0 | 59.1 | 11.5 | 36.3 | 82.0 |
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
Market comparison
The Global Handbags market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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