Global Fashion Industry

Top Online Store
shein.comshein.com
Top Category
Apparel
Online Share
30-35%

eCommerce Revenue

US$1,251,029m
2024

Growth Forecast

5-10%
24/25

Growth

2024

Average Order Value

2024

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eCommerce Market Size & Growth

eCommerce Revenue by Year & Annual Growth Rate

The Global Fashion eCommerce Market generated an eCommerce revenue of US$1,251,029m in 2024, reflecting an eCommerce growth rate of 5-10% compared to the previous year. Projections for 2025 see the eCommerce market trending toward a change of 5-10%.

Annual Revenue

US$1,251,029m
2024

Annual Growth Forecast

24/25

eCommerce Market Size by Annual Revenue (in Million US$)

2022
2023
1,251,029
2024
2025
2026

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Monthly eCommerce Revenue & Growth

Online sales are subject to changes throughout a year that are determined by broader consumer habits, cultural preferences, and the general state of the economy. In the Global Fashion eCommerce Market, monthly revenues in April of 2025 were US$103,249m. This represents a change of 5-10% from the previous month.

Revenue Current Month

04/25

Growth from Previous Month

03/25-04/25

Monthly Revenue (in Million US$)

12/2024
01/2025
02/2025
03/2025
04/2025

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eCommerce Product Categories

In the Global Fashion eCommerce Market, Apparel is the largest category, contributing 51% to the markets's total revenue. Among all eCommerce product categories, it holds the leading position in terms of revenue share and consumer demand.

Revenue Breakdown by Category

2024

Apparel (51%)

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Biggest Online Retailers

The largest eCommerce retailer in the Global Fashion eCommerce Market is shein.com, with an online revenue of US$37,151m in 2024. Its revenue changed by 5-10% in 2024. Following in second place is jd.com, followed by walmart.com in third place.

# 1
shein.comshein.com
Biggest Category

Fashion

Biggest Country

United States

Growth 24/25

10-15%

Revenue

US$37,151m

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eCommerce Penetration & Online Market Share

The Global Fashion eCommerce Market reached an online share of 30-35% in 2024. This eCommerce market share measures what percentage of revenues are generated through online channels. The online share is expected to reach 35-40% in 2025.

Online Share

30-35%
2024

Online Share Forecast

2026

Online Share/eCommerce Market Share

2022
2023
30-35%
2024
2025
2026

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Top eCommerce Service Providers: Shipping, Payment, Shop Software

One of the key characteristics of any eCommerce market is its top service providers. This refers to the most prevalent carriers online retailers use for their shipments, the type of payment methods they offer, or the shop software they use to manage their store site. In the Global Fashion eCommerce Market, DHL is the shipping provider offered by most eCommerce retailers, VISA (Cards) is the number one payment provider, and Shopify the leading provider of shop software.

Top Shipping Provider

DHL
Share

2024

Top Payment Provider

VISA (Cards)
Share

2024

Top Shop Software Provider

Shopify
Share

2024

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eCommerce Transaction KPIs: Conversion Rate, Return Rate

In 2024, the add-to-cart rate for the Global Fashion eCommerce Market was 12.0-12.5%, while the cart abandonment rate was 79.5-80.0%,. The eCommerce shopping statistics of consumers buying are used to benchmark performance for eCommerce retailers in the market.

Add-to-Cart Rate

12.0-12.5%2024

Cart Abandonment Rate

79.5-80.0%
2024

Conversion Rate

2024

Discount Rate

2024

Return Rate

2024

Averager Order Value

2024

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