Fashion market in Albania
The Albanian Fashion eCommerce market is predicted to reach US$106.9 million by 2023 and accounts for 23.0% of the total eCommerce market in Albania. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 11.4%, resulting in a projected market volume of US$164.6 million by 2027. Within the Fashion market ecommerceDB considers the following three sub-markets: Bags & Accessories, Apparel, and Footwear.
Market development
eCommerce revenue development in the Footwear market in Albania
The Albanian Footwear eCommerce market is predicted to reach US$25.6 million by 2023 and accounts for 23.9% of the Fashion eCommerce market in Albania. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 6.8%, resulting in a projected market volume of US$33.2 million by 2027. The Footwear eCommerce market is a sub-market of the Fashion market. Further categories within the Fashion market are: Apparel, and Bags & Accessories.
eCommerce revenue development in the Footwear market in Albania
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 80.9 | 87.3 | 32.0 | 32.4 | 73.6 | 37.7 | 0.1 | 75.1 |
| AOV (in US$) | 71.5 | 30.2 | 45.2 | 66.8 | 82.9 | 13.8 | 23.1 | 31.7 |
| CVR (in %) | 80.9 | 87.3 | 32.0 | 32.4 | 73.6 | 37.7 | 0.1 | 75.1 |
Market definition
Definition of the Footwear market within the Fashion market
Market definition: Fashion > Footwear The category Footwear includes online sales of all types of footwear which are produced for private end consumers (e.g., leather shoes, casual shoes, slippers), with the exception of sports shoes, footwear accessories, and care products. Other Footwear includes shoe accessories such as shoe polish, shoe gaiters, and shoe laces. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Leather footwear
- Athletic footwear
- "Athleisure" footwear (everyday shoes with an athletic design)
- Other town footwear (e.g., with textile uppers)
Out-of-scope
- Work and safety shoes
- Apparel
- Accessories (e.g. hats, scarves, and gloves)
Select sub-market
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- Blazers (children) *
- Coats & Jackets (children) *
- Dresses & Skirts (children) *
- Jerseys, Sweatshirts & Pullovers (children) *
- Night & Underwear (children) *
- Shirts & Blouses (children) *
- Socks (children) *
- Sports & Swimwear (children) *
- Suits & Ensembles (children) *
- T-Shirts (children) *
- Tights & Leggings (children) *
- Trousers (children) *
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- Blazers (men) *
- Coats & Jackets (men) *
- Jerseys, Sweatshirts & Pullovers (men) *
- Night & Underwear (men) *
- Socks (men) *
- Suits (men) *
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- Blazers (women) *
- Coats & Jackets (women) *
- Socks (women) *
- Suits & Ensembles (women) *
- Tights & Leggings (women) *
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- Clothing Accessories & Other Clothes (children) *
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- Eyewear Frames *
- Luxury Eyewear *
- Sunglasses *
- Luxury Leather Goods *
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- Luxury Jewelry *
- Luxury Watches *
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- Other Footwear *
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