The Asia Pacific E-commerce Fashion Accessories Market would witness market growth of 15.3% CAGR during the forecast period (2023-2030).
E-commerce has broken down geographical barriers, allowing shoppers to discover unique, culturally diverse items they might not have found otherwise. E-commerce has provided a platform for budding designers and entrepreneurs to showcase their creations and build brands. Many smaller, niche accessory brands have gained a significant following online, adding diversity to the market and providing consumers with alternatives to mainstream, mass-produced products.
Sustainability and ethics are now at the forefront of the fashion industry. Consumers are increasingly seeking fashion accessories made from eco-friendly materials, supporting fair labor practices, and contributing to a reduced carbon footprint. This trend has given rise to various sustainable and ethically produced accessories available on e-commerce platforms. Personalization is a growing trend in the market. Retailers are using data-driven insights to offer personalized recommendations, and some brands even allow customers to customize their accessories, from monogrammed jewelry to bespoke handbags. AR and VR technologies have revolutionized how consumers interact with fashion accessories online. Virtual try-ons, where customers can see how accessories will look on them, have gained popularity. This trend enhances the online shopping experience by reducing the uncertainty associated with buying fashion accessories without trying them on.
According to Invest India, the e-commerce industry was projected to have a Gross Merchandise Value of over $55 billion in 2021. In 2023, India will have more than 907 million Internet users. India's online shopper base will be the second greatest in the world by 2030, with between 500 and 600 million consumers. E-commerce businesses must adapt to local cultural nuances and changing demands to provide Indian consumers with a seamless and convenient shopping experience.
According to the State Council, in 2021, China's cross-border e-commerce imports and exports rose by 15% annually to 1.98 trillion yuan. According to the Commerce Ministry, cross-border e-commerce trade reached 434.5 billion yuan in the first quarter of this year. Consumers in China often find that they can purchase fashion accessories at lower prices or with discounts when shopping on cross-border e-commerce platforms. This price advantage attracts more consumers to this form of e-commerce. The aforementioned factors will expand the market across the region.
The China market dominated the Asia Pacific 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 $93,646.3 million by 2030. The Japan market is registering a CAGR of 14.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 16.1% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific E-commerce Fashion Accessories Market, by Product Type
1.4.2 Asia Pacific 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. Asia Pacific E-commerce Fashion Accessories Market by Product Type
5.1 Asia Pacific Watches & Jewelry Market by Country
5.2 Asia Pacific Luggage & Bags Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific E-commerce Fashion Accessories Market by Country
6.1 China E-commerce Fashion Accessories Market
6.1.1 China E-commerce Fashion Accessories Market by Product Type
6.2 Japan E-commerce Fashion Accessories Market
6.2.1 Japan E-commerce Fashion Accessories Market by Product Type
6.3 India E-commerce Fashion Accessories Market
6.3.1 India E-commerce Fashion Accessories Market by Product Type
6.4 South Korea E-commerce Fashion Accessories Market
6.4.1 South Korea E-commerce Fashion Accessories Market by Product Type
6.5 Singapore E-commerce Fashion Accessories Market
6.5.1 Singapore E-commerce Fashion Accessories Market by Product Type
6.6 Malaysia E-commerce Fashion Accessories Market
6.6.1 Malaysia E-commerce Fashion Accessories Market by Product Type
6.7 Rest of Asia Pacific E-commerce Fashion Accessories Market
6.7.1 Rest of Asia Pacific 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 Asia Pacific E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 8 Asia Pacific E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Watches & Jewelry Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Watches & Jewelry Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Luggage & Bags Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Luggage & Bags Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific E-commerce Fashion Accessories Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific E-commerce Fashion Accessories Market by Country, 2023 - 2030, USD Million
TABLE 17 China E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 18 China E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 19 China E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 20 China E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 21 Japan E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 22 Japan E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 23 Japan E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 24 Japan E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 25 India E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 26 India E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 27 India E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 28 India E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 29 South Korea E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 30 South Korea E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 31 South Korea E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 32 South Korea E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 33 Singapore E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 34 Singapore E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 35 Singapore E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 36 Singapore E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 37 Malaysia E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 38 Malaysia E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 39 Malaysia E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 40 Malaysia E-commerce Fashion Accessories Market by Product Type, 2023 - 2030, USD Million
TABLE 41 Rest of Asia Pacific E-commerce Fashion Accessories Market, 2019 - 2022, USD Million
TABLE 42 Rest of Asia Pacific E-commerce Fashion Accessories Market, 2023 - 2030, USD Million
TABLE 43 Rest of Asia Pacific E-commerce Fashion Accessories Market by Product Type, 2019 - 2022, USD Million
TABLE 44 Rest of Asia Pacific 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 Asia Pacific 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 Asia Pacific E-commerce Fashion Accessories Market share by Product Type, 2022
FIG 9 Asia Pacific E-commerce Fashion Accessories Market share by Product Type, 2030
FIG 10 Asia Pacific E-commerce Fashion Accessories Market by Product Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific E-commerce Fashion Accessories Market share by Country, 2022
FIG 12 Asia Pacific E-commerce Fashion Accessories Market share by Country, 2030
FIG 13 Asia Pacific 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