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 Watches market in Suriname
The Surinamese Watches eCommerce market is predicted to reach US$0.5 million by 2024 and accounts for 40.3% of the Jewelry & Watches 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 11.0%, resulting in a projected market volume of US$0.7 million by 2028. The Watches eCommerce market is a sub-market of the Jewelry & Watches market. Further categories within the Jewelry & Watches market are: Jewelry, and Other Jewelry & Watches.
eCommerce revenue development in the Watches market in Suriname
eCommerce revenue growth in the Watches market in Suriname
Net eCommerce revenue split by sub-category
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 19.8 | 55.4 | 21.3 | 71.3 | 4.8 | 67.7 | 98.4 | 99.8 |
Market definition
Definition of the Watches market within the Fashion market
Market definition: Fashion > Bags & Accessories > Jewelry & Watches > Watches The category Watches includes the online trade of watches (e.g. analog watches, digital watches, quartz watches, pocket watches) and watch straps and bands. This category does not cover smartwatches, fitness trackers or jewelry. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Watches (e.g. analog watches, digital watches, quartz watches, pocket watches)
- Watch straps and bands
Out-of-scope
- Smartwatches
- Fitness trackers
- Jewelry
Market comparison
The Surinamese Watches market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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- Workwear *
- Belts *
- Headwear *
- Scarves & Shawls *
- Wallets & Purses *
- Other Accessories *
- Other Jewelry & Watches *
- Hip & Fanny Packs *
- Suitcases *
- Other Luggage & Bags *
- Other Footwear *
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