Fashion market in the Lao People's Democratic Republic
The Lao Fashion eCommerce market is predicted to reach US$106.3 million by 2023 and accounts for 14.2% of the total eCommerce market in Laos. 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 12.5%, resulting in a projected market volume of US$170.5 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 Clothing Accessories & Other Clothes (women) market in the Lao People's Democratic Republic
The Lao Clothing Accessories & Other Clothes (women) eCommerce market is predicted to reach US$1.9 million by 2023 and accounts for 4.3% of the Bags & Accessories eCommerce market in Laos. 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 12.9%, resulting in a projected market volume of US$3.0 million by 2027. The Clothing Accessories & Other Clothes (women) eCommerce market is a sub-market of the Bags & Accessories market. Further categories within the Bags & Accessories market are: Clothing Accessories & Other Clothes (children), Clothing Accessories & Other Clothes (men), Eyewear, Luggage & Bags, Luxury Leather Goods, Other Accessories, and Watches & Jewelry.
eCommerce revenue development in the Clothing Accessories & Other Clothes (women) market in the Lao People's Democratic Republic
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 66.9 | 33.1 | 1.3 | 41.1 | 66.4 | 39.2 | 82.4 | 84.1 |
| AOV (in US$) | 96.9 | 7.4 | 29.4 | 3.7 | 80.8 | 40.2 | 7.0 | 38.9 |
| CVR (in %) | 66.9 | 33.1 | 1.3 | 41.1 | 66.4 | 39.2 | 82.4 | 84.1 |
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- Blazers (children) *
- Coats & Jackets (children) *
- Dresses & Skirts (children) *
- Night & Underwear (children) *
- Socks (children) *
- Sports & Swimwear (children) *
- Suits & Ensembles (children) *
- T-Shirts (children) *
- Tights & Leggings (children) *
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- Blazers (men) *
- Coats & Jackets (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) *
- Clothing Accessories & Other Clothes (men) *
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- Luxury Eyewear *
- Sunglasses *
- Luxury Leather Goods *
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- Luxury Jewelry *
- Luxury Watches *
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- Leather Footwear *
- Luxury Footwear *
- Other Footwear *
- Sneakers *
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