Fashion market in Latvia
The Latvian Fashion eCommerce market is predicted to reach US$118.5 million by 2024 and accounts for 17.2% of the total eCommerce market in Latvia. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -1.7%, resulting in a projected market volume of US$110.7 million by 2028. Within the Fashion market ECDB considers the following three sub-markets: Apparel, Footwear, and Bags & Accessories.
Market development
eCommerce revenue development in the Other Jewelry & Watches market in Latvia
The Latvian Other Jewelry & Watches eCommerce market is predicted to reach US$0.1 million by 2024 and accounts for 1.4% of the Jewelry & Watches eCommerce market in Latvia. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -2.0%, resulting in a projected market volume of US$0.1 million by 2028. The Other Jewelry & Watches eCommerce market is a sub-market of the Jewelry & Watches market. Further categories within the Jewelry & Watches market are: Jewelry, and Watches.
eCommerce revenue development in the Other Jewelry & Watches market in Latvia
eCommerce revenue growth in the Other Jewelry & Watches market in Latvia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 9.8 | 6.8 | 4.2 | 12.6 | 22.9 | 86.9 | 67.5 | 29.3 |
Market definition
Definition of the Other Jewelry & Watches market within the Fashion market
Market definition: Fashion > Bags & Accessories > Jewelry & Watches > Other Jewelry & Watches The category Other Jewelry & Watches includes the online trade of brooches and pins and cufflinks. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Brooches and pins
- Cufflinks
Market comparison
The Latvian Other Jewelry & Watches market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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