Fashion market in the Dominican Republic

The Dominican Fashion eCommerce market is predicted to reach US$356.6 million by 2024 and accounts for 20.8% of the total eCommerce market in the Dominican Republic. 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$391.4 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 the Dominican Republic

The Dominican Socks eCommerce market is predicted to reach US$8.6 million by 2024 and accounts for 4.3% of the Apparel eCommerce market in the Dominican Republic. 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 0.7%, resulting in a projected market volume of US$8.9 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 the Dominican Republic

in million US$

eCommerce revenue growth in the Socks market in the Dominican Republic

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)77.293.976.381.699.938.999.163.4

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