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 Suits & Ensembles (women) market
The global Suits & Ensembles (women) eCommerce market is expected to increase over the next years. It is predicted to reach US$2,141.3 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 10.3%. The Suits & Ensembles (women) eCommerce market is a sub-market of the Women's Apparel market and accounts for 0.8% within this market. Further categories within the Women's Apparel market are: Blazers (women), Coats & Jackets (women), Dresses & Skirts (women), Jerseys, Sweatshirts & Pullovers (women), Night & Underwear (women), Shirts & Blouses (women), Socks (women), T-Shirts (women), Tights & Leggings (women), and Trousers (women).
eCommerce revenue development in the global Suits & Ensembles (women) market
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 18.6 | 36.3 | 80.6 | 56.6 | 50.0 | 86.9 | 41.8 | 54.9 |
| AOV (in US$) | 46.8 | 34.0 | 93.4 | 93.6 | 49.7 | 83.8 | 81.2 | 25.7 |
| CVR (in %) | 18.6 | 36.3 | 80.6 | 56.6 | 50.0 | 86.9 | 41.8 | 54.9 |
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