Fashion market in Albania
The Albanian Fashion eCommerce market is predicted to reach US$46.9 million by 2024 and accounts for 17.3% 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 2024-2028) will be 2.4%, resulting in a projected market volume of US$51.7 million by 2028. Within the Fashion market ECDB considers the following three sub-markets: Apparel, Footwear, and Bags & Accessories.
Market development
eCommerce revenue development in the Socks market in Albania
The Albanian Socks eCommerce market is predicted to reach US$1.0 million by 2024 and accounts for 3.4% of the Apparel 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 2024-2028) will be 3.4%, resulting in a projected market volume of US$1.1 million by 2028. The Socks eCommerce market is a sub-market of the Apparel market. Further categories within the Apparel market are: Dresses & Skirts, Jackets, Coats & Anoraks, Other Apparel, Pants, Suits & Trouser Suits, Sweaters, T-Shirts, Shirts & Blouses, Underwear & Nightwear, and Workwear.
eCommerce revenue development in the Socks market in Albania
eCommerce revenue growth in the Socks market in Albania
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 59.4 | 40.8 | 78.8 | 1.9 | 98.5 | 67.6 | 24.2 | 38.5 |
Market definition
Definition of the Socks market within the Fashion market
Market definition: Fashion > Apparel > Socks The category Socks includes the online trade of socks (e.g. ankle socks, crew socks, knee-high socks, dress socks, compression socks, athletic socks) and pantyhose and tights. This category does not cover leggings and medical compression socks. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Socks (e.g. ankle socks, crew socks, knee-high socks, dress socks, compression socks, athletic socks)
- Pantyhose and tights
Out-of-scope
- Leggings
- Medical compression socks
Market comparison
The Albanian Socks market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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