Updated as of Jul 10, 2022
North America dominates in terms of the number of merchants in the Bags and Wallets market. The region with a 45% share also leads in aggregate GMV. The US is the leader in countries with USD 1.9B GMV. More than 90% of the merchants are in the lower web sales range of less than USD 1M.
Bags and Wallets has a long tail market in terms of revenue. All the merchants in this sub-category have web sales of less than USD 50M. Around 94% of the companies have a GMV of less than USD 1M.
# | Web Sales Range | eCommerce companies | Market Share |
---|---|---|---|
1 | < 1M | 1,481 | 93.89% |
2 | 1M-50M | 965 | 6.11% |
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The State of the Direct-to-Consumer Industry 2022
State of the US Direct-to-Consumer Subscriptions Industry 2022
Global eCommerce market size
Around 82% of eCommerce companies have a traffic rank between 3M-10M
# | Traffic Rank | eCommerce companies | Market Share |
---|---|---|---|
1 | 10K - 100K | 10 | 0.06% |
2 | 100K - 500K | 37 | 0.23% |
3 | 500K - 1M | 88 | 0.56% |
4 | 1M - 3M | 2,747 | 17.36% |
5 | 3M - 10M | 12,946 | 81.79% |
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The United States leads the Bags and Wallets market with 55% share, while other countries account for less than 10% share in terms of the number of companies. The United States accounts for 41% of the total aggregate GMV. In terms of GMV, Germany is next to the United States with a share of 6%.
# | Country | eCommerce companies | Market Share |
---|---|---|---|
1 | United States of America | 8,656 | 54.69% |
2 | United Kingdom | 918 | 5.80% |
3 | Germany | 650 | 4.11% |
4 | Brazil | 618 | 3.90% |
5 | Russia | 540 | 3.41% |
6 | Australia | 421 | 2.66% |
7 | France | 419 | 2.65% |
8 | Canada | 341 | 2.15% |
9 | Italy | 324 | 2.05% |
10 | Netherlands | 324 | 2.05% |
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