Fashion market in North Macedonia
The Macedonian Fashion eCommerce market is predicted to reach US$103.3 million by 2023 and accounts for 23.1% of the total eCommerce market in North Macedonia. 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 13.7%, resulting in a projected market volume of US$172.9 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 (men) market in North Macedonia
The Macedonian Clothing Accessories & Other Clothes (men) eCommerce market is predicted to reach US$2.7 million by 2023 and accounts for 9.2% of the Bags & Accessories eCommerce market in North Macedonia. 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$4.6 million by 2027. The Clothing Accessories & Other Clothes (men) eCommerce market is a sub-market of the Bags & Accessories market. Further categories within the Bags & Accessories market are: Clothing Accessories & Other Clothes (children), Clothing Accessories & Other Clothes (women), Eyewear, Luggage & Bags, Luxury Leather Goods, Other Accessories, and Watches & Jewelry.
eCommerce revenue development in the Clothing Accessories & Other Clothes (men) market in North Macedonia
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 6.2 | 30.4 | 68.9 | 89.0 | 24.0 | 68.5 | 85.0 | 58.6 |
| AOV (in US$) | 45.1 | 49.4 | 12.3 | 94.8 | 79.5 | 79.2 | 1.4 | 22.5 |
| CVR (in %) | 6.2 | 30.4 | 68.9 | 89.0 | 24.0 | 68.5 | 85.0 | 58.6 |
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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) *
- Luxury Apparel *
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- Blazers (women) *
- Suits & Ensembles (women) *
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- Clothing Accessories & Other Clothes (children) *
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- Eyewear Frames *
- Luxury Eyewear *
- Sunglasses *
- Luxury Leather Goods *
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- Luxury Jewelry *
- Luxury Watches *
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- Luxury Footwear *
- Other Footwear *
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