Fashion market in Sri Lanka

The Sri Lankan Fashion eCommerce market is predicted to reach US$615.1 million by 2023 and accounts for 22.5% of the total eCommerce market in Sri Lanka. 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 14.4%, resulting in a projected market volume of US$1,055.2 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 Tights & Leggings (women) market in Sri Lanka

The Sri Lankan Tights & Leggings (women) eCommerce market is predicted to reach US$6.5 million by 2023 and accounts for 4.0% of the Women's Apparel eCommerce market in Sri Lanka. 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 15.4%, resulting in a projected market volume of US$11.6 million by 2027. The Tights & Leggings (women) eCommerce market is a sub-market of the Women's Apparel market. Further categories within the Women's Apparel market are: Blazers (women), Coats & Jackets (women), Dresses & Skirts (women), Jerseys, Sweatshirts & Pullovers (women), Night & Underwear (women), Shirts & Blouses (women), Socks (women), Suits & Ensembles (women), T-Shirts (women), and Trousers (women).

eCommerce revenue development in the Tights & Leggings (women) market in Sri Lanka

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 66.9 33.1 1.3 41.1 66.4 39.2 82.4 84.1
AOV (in US$) 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
AOV: Average Order Value CVR: Conversion Rate

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