Fashion market in Kazakhstan

The Kazakhstani Fashion eCommerce market is predicted to reach US$900.2 million by 2023 and accounts for 26.1% of the total eCommerce market in Kazakhstan. 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 16.1%, resulting in a projected market volume of US$1,637.4 million by 2027. Within the Fashion market ecommerceDB considers the following three sub-markets: Apparel, Bags & Accessories, and Footwear.

Market development

eCommerce revenue development in the Jewelry market in Kazakhstan

The Kazakhstani Jewelry eCommerce market is predicted to reach US$25.1 million by 2023 and accounts for 60.1% of the Watches & Jewelry eCommerce market in Kazakhstan. 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 14.7%, resulting in a projected market volume of US$43.6 million by 2027. The Jewelry eCommerce market is a sub-market of the Watches & Jewelry market. Further categories within the Watches & Jewelry market are: Luxury Jewelry, Luxury Watches, and Watches.

eCommerce revenue development in the Jewelry market in Kazakhstan

in million US$, in %

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 25.7 43.4 9.3 16.5 0.3 6.8 41.5 95.6
AOV (in US$) 17.8 30.3 17.8 90.3 59.3 11.0 89.8 23.7
CVR (in %) 25.7 43.4 9.3 16.5 0.3 6.8 41.5 95.6
AOV: Average Order Value CVR: Conversion Rate