Fashion market in Mongolia
The Mongolian Fashion eCommerce market is predicted to reach US$45.9 million by 2024 and accounts for 18.8% of the total 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 23.0%, resulting in a projected market volume of US$105.0 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 Mongolia
The Mongolian Sandals eCommerce market is predicted to reach US$2.7 million by 2024 and accounts for 21.7% of the Footwear 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 25.3%, resulting in a projected market volume of US$6.6 million by 2028. The Sandals eCommerce market is a sub-market of the Footwear market. Further categories within the Footwear market are: Active Footwear, Boots, Flat Shoes, High Heels & Pumps, and Other Footwear.
eCommerce revenue development in the Sandals market in Mongolia
eCommerce revenue growth in the Sandals market in Mongolia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 43.1 | 29.0 | 35.4 | 62.7 | 45.3 | 57.4 | 71.0 | 53.0 |
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 Mongolian Sandals market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Socks *
- Workwear *
- Other Apparel *
- Belts *
- Headwear *
- Scarves & Shawls *
- Sunglasses *
- Wallets & Purses *
- Other Accessories *
- Other Jewelry & Watches *
- Backpacks & Daypacks *
- Hip & Fanny Packs *
- Suitcases *
- Other Luggage & Bags *
- Flat Shoes *
- Other Footwear *
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