Fashion market in Lesotho
The Basotho Fashion eCommerce market is predicted to reach US$3.8 million by 2024 and accounts for 20.6% of the total eCommerce market in Lesotho. 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 4.8%, resulting in a projected market volume of US$4.6 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 Active Footwear market in Lesotho
The Basotho Active Footwear eCommerce market is predicted to reach US$0.4 million by 2024 and accounts for 37.4% of the Footwear eCommerce market in Lesotho. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -4.7%, resulting in a projected market volume of US$0.3 million by 2028. The Active Footwear eCommerce market is a sub-market of the Footwear market. Further categories within the Footwear market are: Boots, Flat Shoes, High Heels & Pumps, Other Footwear, and Sandals.
eCommerce revenue development in the Active Footwear market in Lesotho
eCommerce revenue growth in the Active Footwear market in Lesotho
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 52.9 | 67.7 | 94.9 | 44.6 | 84.1 | 51.6 | 47.2 | 35.5 |
Market definition
Definition of the Active Footwear market within the Fashion market
Market definition: Fashion > Footwear > Active Footwear The category Active Footwear includes the online trade of sneakers and non-sport-specific footwear (e.g. running shoes, basketball shoes, tennis shoes). This category does not cover sport-specific footwear (e.g. soccer shoes, climbing shoes, bike shoes). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Sneakers
- Non-sport-specific footwear (e.g. running shoes, basketball shoes, tennis shoes)
Out-of-scope
- Sport-specific footwear (e.g. soccer shoes, climbing shoes, bike shoes)
Market comparison
The Basotho Active Footwear market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Jackets, Coats & Anoraks *
- Socks *
- Suits & Trouser Suits *
- Sweaters *
- Underwear & Nightwear *
- Workwear *
- Other Apparel *
- Fashion Accessories *
- Belts *
- Headwear *
- Scarves & Shawls *
- Sunglasses *
- Wallets & Purses *
- Other Accessories *
- Jewelry *
- Watches *
- Other Jewelry & Watches *
- Backpacks & Daypacks *
- Handbags *
- Hip & Fanny Packs *
- Suitcases *
- Other Luggage & Bags *
- Boots *
- Flat Shoes *
- High Heels & Pumps *
- Sandals *
- Other Footwear *
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