Global E-Commerce Fashion Accessories Market

E-Commerce Fashion Accessories Market Size, Share, Growth Analysis, By Product Type(Watches & Jewelry, Luggage & Bags, Others), By Distribution Channels(Online Retailers, Brand Websites, Specialty Stores and Others), By Region - Industry Forecast 2025-2032


Report ID: SQMIG25Z2012 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 63 | Figures: 77

E-Commerce Fashion Accessories Market Insights

E-Commerce Fashion Accessories Market size was valued at USD 240.18 Billion in 2023 and is poised to grow from USD 275.01 Billion in 2024 to USD 812.41 Billion by 2032, growing at a CAGR of 14.5% during the forecast period (2025-2032).

E-commerce offers a useful purchasing experience by giving customers access to knowledge about the worldwide market, which enables them to assess various aspects of accessories that are driving uptake and usage. Moreover, the industry is expanding as a result of rising internet usage, eCommerce, and social media, as well as rising smartphone adoption. To increase their market share in the targeted market sectors, businesses are primarily concentrating on creating very comfortable, application-specific fashion accessories. For instance, Nike Inc. utilised cutting-edge sneaker technology of the split toe in their conventional shoe design in Paris to create unique sneakers in their ISPA product line in August 2021.

The market for various fashion accessories, including apparel, footwear, eyeglasses, jewellery, and other items, is mostly being driven by rising consumer desire for high-end, fashionable wearable products. Also, expanding clothes and accessory retailers' infrastructure facilities contribute significantly to the growth of the market for fashion accessories.

According to estimated data provided by the U.S. Department of Commerce, there were 17,403 apparel and accessory retailers in the country as of July 2021, up from 15,564 the month before. The market for those items is referred to as the eCommerce fashion accessories market. Fashion accessories are a variety of stylish and wearable items that are conveniently available on e-Commerce and assist any individual in achieving a statement to their fashion that complements their fashion statement as per their necessity, requirement, and taste. Customers benefit greatly from the market because it makes it easy for them to rapidly identify products that meet their needs and requirements by using the available filter system.

US E-Commerce Fashion Accessories Market is poised to grow at a sustainable CAGR for the next forecast year.

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E-Commerce Fashion Accessories Market size was valued at USD 209.76 billion in 2022 and is poised to grow from USD 240.18 billion in 2023 to USD 709.53 billion by 2031, at a CAGR of 14.5% during the forecast period (2024-2031).

The existence of both new and existing firms defines the market. To capture the largest share of the market, the majority of the major companies in the eCommerce fashion accessory space are utilising a variety of strategies, including mergers, alliances, partnerships, and the creation and introduction of new systems. 'Amazon Inc. (United States)', 'ASOS plc (United Kingdom)', 'Zalando SE (Germany)', 'Farfetch Limited (United Kingdom)', 'Alibaba Group Holding Limited (China)', 'Nordstrom Inc. (United States)', 'Boohoo Group plc (United Kingdom)', 'Net-a-Porter Group Ltd. (United Kingdom)', 'YOOX NET-A-PORTER GROUP (Italy)', 'JD.com, Inc. (China)', 'H&M Hennes & Mauritz AB (Sweden)', 'SSENSE (Canada)', 'Revolve Group, Inc. (United States)', 'Shopbop (United States)', 'Moda Operandi (United States)', 'Mytheresa (Germany)', 'LuisaViaRoma (Italy)', 'The RealReal, Inc. (United States)', 'Gilt Groupe (United States)', 'MATCHESFASHION (United Kingdom)', 'Saks Fifth Avenue (United States)', 'Shopbop (United States)'

The e-commerce fashion accessories market is driven by the growing adoption of e-commerce platforms worldwide. The convenience of online shopping, easy access to a wide range of products, and the ability to compare prices and reviews online have fueled the demand for fashion accessories through e-commerce channels.

AR and VR technologies are being used to enhance the online shopping experience for fashion accessories. Virtual try-on tools, 3D product visualization, and interactive virtual shopping experiences are becoming popular, allowing consumers to virtually try on fashion accessories and make more informed purchasing decisions.

With a projected CAGR of 16.2%, the Asia Pacific region is expected to grow its revenue share of the market to over 50% in 2021. The region's most powerful and rapidly expanding nation was China. The market's rise is being aided by rising mobile usage and rising internet penetration. New emerging business channels and models are the other factors influencing market growth. A further significant aspect boosting market expansion is the population's rising disposable income. As a result of the aforementioned variables, the Asia Pacific market is in high demand and generates a greater amount of money.

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Global E-Commerce Fashion Accessories Market

Report ID: SQMIG25Z2012

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