Global Fashion market
The global Fashion eCommerce market is expected to increase over the next years. It is predicted to reach US$1,251,335.0 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 8.3%. ECDB considers the following three sub-markets within the Fashion market: Apparel, Footwear, and Bags & Accessories. Apparel is the largest sub-market and accounts for 51.4% of the global Fashion market.
Market development
eCommerce revenue development in the global Watches market
The global Watches eCommerce market is expected to increase over the next years. It is predicted to reach US$28,892.3 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 3.4%. The Watches eCommerce market is a sub-market of the Jewelry & Watches market and accounts for 34.0% within this market. Further categories within the Jewelry & Watches market are: Jewelry and Other Jewelry & Watches.
eCommerce revenue development in the global Watches market
eCommerce revenue growth in the global Watches market
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 42.0 | 15.2 | 1.3 | 81.9 | 7.8 | 38.2 | 13.9 | 26.0 |
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 Global Watches market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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