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 Wallets & Purses market
The global Wallets & Purses eCommerce market is expected to increase over the next years. It is predicted to reach US$26,787.3 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 14.3%. The Wallets & Purses eCommerce market is a sub-market of the Fashion Accessories market and accounts for 29.4% within this market. Further categories within the Fashion Accessories market are: Belts, Headwear, Other Accessories, Scarves & Shawls, and Sunglasses.
eCommerce revenue development in the global Wallets & Purses market
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the global Wallets & Purses market
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 80.7 | 71.2 | 12.5 | 62.2 | 78.1 | 11.5 | 28.1 | 8.1 |
| AOV (in US$) | 21.4 | 32.1 | 80.0 | 92.7 | 57.5 | 42.7 | 41.7 | 24.7 |
| CVR (in %) | 80.7 | 71.2 | 12.5 | 62.2 | 78.1 | 11.5 | 28.1 | 8.1 |
Market definition
Definition of the Wallets & Purses market within the Fashion market
Market definition: Fashion > Bags & Accessories > Fashion Accessories > Wallets & Purses The category Wallets & Purses includes the online trade of wallets (e.g. bifold wallets, money clips, cardholders), purses (e.g. coin purses) and wristlets. This category does not cover clutches and small bags. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Wallets (e.g. bifold wallets, money clips, cardholders)
- Purses (e.g. coin purses)
- Wristlets
Out-of-scope
- Clutches
- Small bags
Select sub-category