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 Watches & Jewelry market
The global Watches & Jewelry eCommerce market is expected to increase over the next years. It is predicted to reach US$134,129.3 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 10.7%. The Watches & Jewelry eCommerce market is a sub-market of the Bags & Accessories market and accounts for 43.9% within this market. Further categories within the Bags & Accessories market are: Clothing Accessories & Other Clothes (children), Clothing Accessories & Other Clothes (men), Clothing Accessories & Other Clothes (women), Eyewear, Luggage & Bags, Luxury Leather Goods, and Other Accessories.
eCommerce revenue development in the global Watches & Jewelry market
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
| AOV (in US$) | 94.7 | 38.6 | 25.4 | 51.7 | 85.3 | 46.9 | 51.5 | 66.1 |
| CVR (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
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