Fashion market in Madagascar
The Madagascan Fashion eCommerce market is predicted to reach US$23.7 million by 2024 and accounts for 20.0% of the total eCommerce market in Madagascar. 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 17.1%, resulting in a projected market volume of US$44.5 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 Sandals market in Madagascar
The Madagascan Sandals eCommerce market is predicted to reach US$1.5 million by 2024 and accounts for 25.2% of the Footwear eCommerce market in Madagascar. 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 19.9%, resulting in a projected market volume of US$3.1 million by 2028. The Sandals eCommerce market is a sub-market of the Footwear market. Further categories within the Footwear market are: Active Footwear, Boots, Flat Shoes, High Heels & Pumps, and Other Footwear.
eCommerce revenue development in the Sandals market in Madagascar
eCommerce revenue growth in the Sandals market in Madagascar
Net eCommerce revenue split by sub-category
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 16.5 | 7.2 | 73.4 | 13.8 | 24.1 | 35.5 | 63.4 | 53.2 |
Market definition
Definition of the Sandals market within the Fashion market
Market definition: Fashion > Footwear > Sandals The category Sandals includes the online trade of sandals (e.g. slide sandals, slingback sandals, t-strap sandals), flipflops and espadrilles. This category does not cover house slippers. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Sandals (e.g. slide sandals, slingback sandals, t-strap sandals)
- Flipflops
- Espadrilles
Out-of-scope
- House slippers
Market comparison
The Madagascan Sandals market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Socks *
- Suits & Trouser Suits *
- Sweaters *
- Workwear *
- Other Apparel *
- Fashion Accessories *
- Belts *
- Headwear *
- Scarves & Shawls *
- Sunglasses *
- Wallets & Purses *
- Other Accessories *
- Watches *
- Other Jewelry & Watches *
- Backpacks & Daypacks *
- Handbags *
- Hip & Fanny Packs *
- Suitcases *
- Other Luggage & Bags *
- Flat Shoes *
- High Heels & Pumps *
- Other Footwear *
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