The North America E-commerce Fashion Accessories Market would witness market growth of 14.7% CAGR during the forecast period (2023-2030).
E-commerce facilitates an efficient purchasing experience by giving consumers access to market data, which enables them to evaluate various factors associated with accessories whose adoption and utilization are rising. In addition, the rising popularity of smartphones, access to the internet, eCommerce, and social media all contribute to the expansion of the market. Using the available filtering system, users can rapidly locate products that meet their specific needs and requirements.
As a result of providing consumers with market information, e-commerce facilitates an efficient purchasing experience. This information includes price comparisons, brand values, the availability of a product, and others. The market provides highly personalized products and offers to consumers or end users. It also provides the consumer with a review system that enables them to gain a better understanding of the product before purchase. In addition, they can return the products swiftly if necessary, owing to return policies.
E-commerce enables users to purchase or explore fashion accessories regardless of location or time. Moreover, it is convenient and saves the user or consumer a great deal of time, which increases its popularity among the global population and consequently drives market expansion. In addition, eCommerce provides users with a vast selection of fashion accessories from which to choose.
According to Statistics Canada, the proportion of online retail sales to total retail sales in Canada grew from 3.9% in 2019 to 6.2% in 2022. In 2020 and 2021, at the pandemic's peak, the proportion of retail e-commerce sales was 6.6% and 6.9%, respectively. E-commerce allows Canadians to access a broad range of fashion accessories worldwide. This global reach expands the market's customer base and provides access to different styles, brands, and price points.
According to the Government of Canada, in 2020, e-commerce was the highest non-store distribution channel in Mexico, totaling US$16.2 billion (70.5%) in non-store retailer sales. In 2020, the percentage of Mexican households with access to the internet was 58.4%. Mexico has seen a notable increase in internet penetration, with more people gaining access to the internet. This expanded online user base provides fertile ground for e-commerce growth. As technology and consumer behavior evolve, the market in Mexico is expected to experience further growth and innovation, offering consumers an ever-expanding array of choices and convenience in their shopping experiences. Due to the above factors, the market will boost in this region.
The US market dominated the North America 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 $75,805.8 million by 2030. The Canada market is exhibiting a CAGR of 17.3% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 16.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The E-commerce Fashion Accessories Market is Predict to reach $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
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
- Nordstrom, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America E-commerce Fashion Accessories Market, by Product Type
1.4.2 North America 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. North America E-commerce Fashion Accessories Market by Product Type
5.1 North America Watches & Jewelry Market by Country
5.2 North America Luggage & Bags Market by Country
5.3 North America Others Market by Country
Chapter 6. North America E-commerce Fashion Accessories Market by Country
6.1 US E-commerce Fashion Accessories Market
6.1.1 US E-commerce Fashion Accessories Market by Product Type
6.2 Canada E-commerce Fashion Accessories Market
6.2.1 Canada E-commerce Fashion Accessories Market by Product Type
6.3 Mexico E-commerce Fashion Accessories Market
6.3.1 Mexico E-commerce Fashion Accessories Market by Product Type
6.4 Rest of North America E-commerce Fashion Accessories Market
6.4.1 Rest of North America 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 North America E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 2 North America 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 North America E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 8 North America E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 9 North America Watches & Jewelry Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Watches & Jewelry Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Luggage & Bags Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Luggage & Bags Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 15 North America E-commerce Fashion Accessories Market by Country, 2019 - 2022, USD Million
TABLE 16 North America E-commerce Fashion Accessories Market by Country, 2023 - 2030, USD Million
TABLE 17 US E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 18 US E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 19 US E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 20 US E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 21 Canada E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 22 Canada E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 23 Canada E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 24 Canada E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 25 Mexico E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 26 Mexico E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 27 Mexico E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 28 Mexico E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 29 Rest of North America E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 30 Rest of North America E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 31 Rest of North America E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 32 Rest of North America E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 33 Key Information - H & M Hennes & Mauritz AB
TABLE 34 Key Information - ASOS Plc
TABLE 35 Key Information - Revolve Group, Inc.
TABLE 36 Key Information - Nordstrom, Inc.
TABLE 38 Key Information - Amazon.com, Inc.
TABLE 39 Key Information - Nike, Inc.
TABLE 40 Key Information - Industria de Diseno Textil, S.A.
TABLE 41 Key Information - eBay, Inc.
TABLE 42 Key Information - Zalando SE
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America E-commerce Fashion Accessories Market share by Product Type, 2022
FIG 9 North America E-commerce Fashion Accessories Market share by Product Type, 2030
FIG 10 North America E-commerce Fashion Accessories Market by Product Type, 2019 - 2030, USD Million
FIG 11 North America E-commerce Fashion Accessories Market share by Country, 2022
FIG 12 North America E-commerce Fashion Accessories Market share by Country, 2030
FIG 13 North America 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