Fashion market in Suriname

The Surinamese Fashion eCommerce market is predicted to reach US$16.2 million by 2024 and accounts for 21.0% of the total eCommerce market in Suriname. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 10.5%, resulting in a projected market volume of US$24.2 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 Jewelry & Watches market in Suriname

The Surinamese Jewelry & Watches eCommerce market is predicted to reach US$1.2 million by 2024 and accounts for 43.5% of the Bags & Accessories eCommerce market in Suriname. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 13.0%, resulting in a projected market volume of US$1.9 million by 2028. The Jewelry & Watches eCommerce market is a sub-market of the Bags & Accessories market. Further categories within the Bags & Accessories market are: Fashion Accessories, and Luggage & Bags.

eCommerce revenue development in the Jewelry & Watches market in Suriname

in million US$

eCommerce revenue growth in the Jewelry & Watches market in Suriname

in %

Net eCommerce revenue split by sub-category

in %
201720182019202020212022202320242025202620272028
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)4.652.673.480.350.245.149.15.7
as of Bags & Accessories (in %)43.744.843.943.541.841.541.040.339.638.838.237.6

Market definition

Definition of the Jewelry & Watches market within the Fashion market

Market definition: Fashion > Bags & Accessories > Jewelry & Watches The category Jewelry & Watches includes the online trade of jewelry (e.g earrings, necklaces, bracelaces) and watches (e.g. analog watches, digital watches, pocket watches). This category does not cover precious metals and silverware. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Jewelry (e.g earrings, necklaces, bracelaces)
  • Watches (e.g. analog watches, digital watches, pocket watches)

Out-of-scope

  • Precious metals
  • Silverware

Market comparison

The Surinamese Jewelry & Watches market in a global comparison

Market comparison by growth, online share, and revenue in 2023

in %

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