Fashion market in Mongolia

Market development

eCommerce revenue development in the Dresses & Skirts market in Mongolia

The Mongolian Dresses & Skirts eCommerce market is predicted to reach US$5.0 million by 2024 and accounts for 16.6% of the Apparel eCommerce market in Mongolia. 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 20.7%, resulting in a projected market volume of US$10.6 million by 2028. The Dresses & Skirts eCommerce market is a sub-market of the Apparel market. Further categories within the Apparel market are: Jackets, Coats & Anoraks, Other Apparel, Pants, Socks, Suits & Trouser Suits, Sweaters, T-Shirts, Shirts & Blouses, Underwear & Nightwear, and Workwear.

eCommerce revenue development in the Dresses & Skirts market in Mongolia

in million US$

eCommerce revenue growth in the Dresses & Skirts market in Mongolia

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)49.333.244.528.982.538.659.555.8

Online share

eCommerce online share of the total Dresses & Skirts market in Mongolia

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Mongolian Dresses & Skirts retail market, the online share is 21.8% and will increase by an average of 6.4% to 27.9% by 2028.

eCommerce online share of the total Dresses & Skirts market in Mongolia

in %
20202021202220232024202520262027
Online share (in %)50.3%87.4%91.1%53.5%96.6%22.5%47.1%90.2%

Market definition

Definition of the Dresses & Skirts market within the Fashion market

Market definition: Fashion > Apparel > Dresses & Skirts The category Dresses & Skirts includes the online trade of dresses (e.g. sundresses, cocktail dresses, evening gowns) and skirts (e.g. pencil skirts, mini skirts, a-line skirts). This category does not cover skorts and wedding dresses. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Dresses (e.g. sundresses, cocktail dresses, evening gowns)
  • Skirts (e.g. pencil skirts, mini skirts, A-line skirts)

Out-of-scope

  • Skorts
  • Wedding dresses

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