The Latin America, Middle East and Africa E-commerce Fashion Accessories Market would witness market growth of 15.9% CAGR during the forecast period (2023-2030).
AI-powered styling assistants provide outfit recommendations, including the perfect fashion accessories to complement a chosen look. These tools help consumers make informed decisions about their accessory purchases. 3D printing technology is revolutionizing the way fashion accessories are designed and produced. Some e-commerce brands offer customizable 3D-printed accessories, allowing consumers to have unique, one-of-a-kind pieces. Blockchain technology is being used to verify the authenticity of high-end fashion accessories. Customers can trace the origin and ownership history of luxury items, reducing the risk of counterfeits. E-commerce brands are taking a stand on social and political issues, and consumers support brands that align with their values. This form of socially responsible commerce has an impact on fashion accessory purchases.
Latin American consumers often appreciate artisan and handmade fashion accessories. E-commerce platforms support local artisans, allowing them to reach a wider audience. The Middle East is experiencing a digital transformation, with high internet penetration and growing smartphone usage, making e-commerce more accessible and convenient. The Middle East is known for its interest in luxury fashion. E-commerce platforms provide access to high-end and luxury fashion accessories worldwide. Cross-border e-commerce is gaining traction in Africa, allowing consumers to access a broader range of fashion accessories from international sellers. Africa faces logistics challenges, including the last-mile delivery of products.
As per the International Trade Administration, the UAE is the leader in e-commerce among the Gulf Cooperation Council (GCC) states, with e-commerce sales reaching a record $3.9 billion in 2020, representing 10% of total retail sales. This was primarily the result of a COVID-19 digital transition. The Dubai Chamber of Commerce and Industry indicates that e-commerce will render $8 billion in sales by 2025 as the UAE industry has nearly 100 percent internet and mobile phone penetration.
According to the International Trade Administration, South African online sales increased 66% from 2019 to 2020 to more than $1.8 billion (ZAR30 billion). The growing online sales is expected to expand the market growth across the region.
The Brazil market dominated the LAMEA E-commerce Fashion Accessories Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $20,416.7 million by 2030. The Argentina market is showcasing a CAGR of 16.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 15.6% during (2023 - 2030).
Based on Product Type, the market is segmented into Watches & Jewelry, Luggage & Bags, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide E-commerce Fashion Accessories Market is Projected to reach USD 630.2 Billion by 2030, at a CAGR of 15%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include H & M Hennes & Mauritz AB, Walmart, Inc., Amazon.com, Inc., Nike, Inc., Industria de Diseno Textil, S.A. (Inditex S.A.), eBay, Inc., ASOS Plc (Frasers Group), Revolve Group, Inc., Zalando SE, and Nordstrom, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Watches & Jewelry
- Luggage & Bags
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- H & M Hennes & Mauritz AB
- Walmart, Inc.
- com, Inc.
- Nike, Inc.
- Industria de Diseno Textil, S.A. (Inditex S.A.)
- eBay, Inc.
- ASOS Plc (Frasers Group)
- Revolve Group, Inc.
- Zalando SE
- Nordstrom, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA E-commerce Fashion Accessories Market, by Product Type
1.4.2 LAMEA E-commerce Fashion Accessories Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Apr – 2023, Mar) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. LAMEA E-commerce Fashion Accessories Market by Product Type
5.1 LAMEA Watches & Jewelry Market by Country
5.2 LAMEA Luggage & Bags Market by Country
5.3 LAMEA Others Market by Country
Chapter 6. LAMEA E-commerce Fashion Accessories Market by Country
6.1 Brazil E-commerce Fashion Accessories Market
6.1.1 Brazil E-commerce Fashion Accessories Market by Product Type
6.2 Argentina E-commerce Fashion Accessories Market
6.2.1 Argentina E-commerce Fashion Accessories Market by Product Type
6.3 UAE E-commerce Fashion Accessories Market
6.3.1 UAE E-commerce Fashion Accessories Market by Product Type
6.4 Saudi Arabia E-commerce Fashion Accessories Market
6.4.1 Saudi Arabia E-commerce Fashion Accessories Market by Product Type
6.5 South Africa E-commerce Fashion Accessories Market
6.5.1 South Africa E-commerce Fashion Accessories Market by Product Type
6.6 Nigeria E-commerce Fashion Accessories Market
6.6.1 Nigeria E-commerce Fashion Accessories Market by Product Type
6.7 Rest of LAMEA E-commerce Fashion Accessories Market
6.7.1 Rest of LAMEA E-commerce Fashion Accessories Market by Product Type
Chapter 7. Company Profiles
7.1 H & M Hennes & Mauritz AB
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Product Launches and Product Expansions:
7.1.4.3 Geographical Expansions:
7.1.5 SWOT Analysis
7.2 ASOS Plc (Frasers Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.5 SWOT Analysis
7.3 Revolve Group, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.5 SWOT Analysis
7.4 Nordstrom, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 SWOT Analysis
7.5 Walmart, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Partnerships, Collaborations, and Agreements:
7.5.4.2 Product Launches and Product Expansions:
7.5.5 SWOT Analysis
7.6 Amazon.com, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.6.4.2 Product Launches and Product Expansions:
7.6.5 SWOT Analysis
7.7 Nike, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.7.4 SWOT Analysis
7.8 Industria de Diseno Textil, S.A. (Inditex S.A.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Geographical Expansions:
7.8.5 SWOT Analysis
7.9 eBay, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Partnerships, Collaborations, and Agreements:
7.9.4.2 Product Launches and Product Expansions:
7.9.4.3 Acquisition and Mergers:
7.9.5 SWOT Analysis
7.10. Zalando SE
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 SWOT Analysis
TABLE 1 LAMEA E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 2 LAMEA E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– E-commerce Fashion Accessories Market
TABLE 4 Product Launches And Product Expansions– E-commerce Fashion Accessories Market
TABLE 5 Acquisition and Mergers– E-commerce Fashion Accessories Market
TABLE 6 Geographical Expansions- E-commerce Fashion Accessories Market
TABLE 7 LAMEA E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 8 LAMEA E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 9 LAMEA Watches & Jewelry Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Watches & Jewelry Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Luggage & Bags Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Luggage & Bags Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA E-commerce Fashion Accessories Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA E-commerce Fashion Accessories Market by Country, 2023 - 2030, USD Million
TABLE 17 Brazil E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 18 Brazil E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 19 Brazil E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 20 Brazil E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 21 Argentina E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 22 Argentina E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 23 Argentina E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 24 Argentina E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 25 UAE E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 26 UAE E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 27 UAE E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 28 UAE E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 29 Saudi Arabia E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 30 Saudi Arabia E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 31 Saudi Arabia E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 32 Saudi Arabia E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 33 South Africa E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 34 South Africa E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 35 South Africa E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 36 South Africa E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 37 Nigeria E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 38 Nigeria E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 39 Nigeria E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 40 Nigeria E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 41 Rest of LAMEA E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 42 Rest of LAMEA E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 43 Rest of LAMEA E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 44 Rest of LAMEA E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 45 Key Information – H & M Hennes & Mauritz AB
TABLE 46 Key Information – ASOS Plc
TABLE 47 Key Information – Revolve Group, Inc.
TABLE 48 Key Information – Nordstrom, Inc.
TABLE 50 Key Information – Amazon.com, Inc.
TABLE 51 Key Information – Nike, Inc.
TABLE 52 Key Information – Industria de Diseno Textil, S.A.
TABLE 53 Key Information – eBay, Inc.
TABLE 54 Key Information – Zalando SE
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA E-commerce Fashion Accessories Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the E-commerce Fashion Accessories Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Apr – 2023, Mar) Leading Players
FIG 7 Porter’s Five Forces Analysis – E-commerce Fashion Accessories Market
FIG 8 LAMEA E-commerce Fashion Accessories Market share by Product Type, 2022
FIG 9 LAMEA E-commerce Fashion Accessories Market share by Product Type, 2030
FIG 10 LAMEA E-commerce Fashion Accessories Market by Product Type, 2019 - 2030, USD Million
FIG 11 LAMEA E-commerce Fashion Accessories Market share by Country, 2022
FIG 12 LAMEA E-commerce Fashion Accessories Market share by Country, 2030
FIG 13 LAMEA E-commerce Fashion Accessories Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and developments: H & M Hennes & Mauritz AB
FIG 15 SWOT Analysis: H & M Hennes & Mauritz AB
FIG 16 SWOT Analysis: ASOS Plc
FIG 17 SWOT Analysis: Revolve Group, Inc.
FIG 18 SWOT Analysis: Nordstrom, Inc.
FIG 19 Recent strategies and developments: Walmart Inc.
FIG 20 SWOT Analysis: Walmart Inc.
FIG 21 Recent strategies and developments: Amazon.com, Inc.
FIG 22 SWOT Analysis: Amazon.com, Inc.
FIG 23 SWOT Analysis: Nike, Inc.
FIG 24 SWOT Analysis: Inditex S.A.
FIG 25 Recent strategies and developments: eBay, Inc.
FIG 26 SWOT Analysis: eBay, Inc.
FIG 27 SWOT Analysis: Zalando SE