Global Fashion market
The global Fashion eCommerce market is expected to increase over the next years. It is predicted to reach US$988,053.5 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 10.0%. ecommerceDB considers the following three sub-markets within the Fashion market: Apparel, Bags & Accessories, and Footwear. Apparel is the largest sub-market and accounts for 55.5% of the global Fashion market.
Market development
eCommerce revenue development in the global Luxury Watches market
The global Luxury Watches eCommerce market is expected to increase over the next years. It is predicted to reach US$8,978.5 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 9.4%. The Luxury Watches eCommerce market is a sub-market of the Watches & Jewelry market and accounts for 6.7% within this market. Further categories within the Watches & Jewelry market are: Jewelry, Luxury Jewelry, and Watches.
eCommerce revenue development in the global Luxury Watches market
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 73.9 | 85.6 | 45.8 | 97.0 | 80.8 | 9.7 | 81.5 | 95.2 |
| AOV (in US$) | 80.1 | 94.8 | 23.7 | 62.9 | 17.2 | 61.6 | 21.6 | 62.7 |
| CVR (in %) | 73.9 | 85.6 | 45.8 | 97.0 | 80.8 | 9.7 | 81.5 | 95.2 |
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