Fashion market in Mongolia
Market development
eCommerce revenue development in the Sweaters market in Mongolia
The Mongolian Sweaters eCommerce market is predicted to reach US$2.3 million by 2024 and accounts for 7.6% 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 27.8%, resulting in a projected market volume of US$6.1 million by 2028. The Sweaters eCommerce market is a sub-market of the Apparel market. Further categories within the Apparel market are: Dresses & Skirts, Jackets, Coats & Anoraks, Other Apparel, Pants, Socks, Suits & Trouser Suits, T-Shirts, Shirts & Blouses, Underwear & Nightwear, and Workwear.
eCommerce revenue development in the Sweaters market in Mongolia
eCommerce revenue growth in the Sweaters market in Mongolia
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 58.1 | 53.2 | 4.1 | 60.8 | 70.0 | 67.9 | 34.3 | 72.5 |
Market definition
Definition of the Sweaters market within the Fashion market
Market definition: Fashion > Apparel > Sweaters The category Sweaters includes the online trade of hoodies (e.g. pullover hoodies, zip-up hoodies), sweaters (e.g. crewneck sweaters, turtleneck sweaters, cardigans) and longsleeves (e.g. long-sleeve t-shirts, henley shirts). This category does not cover t-shirts, shirts or blouses. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Hoodies (e.g. pullover hoodies, zip-up hoodies)
- Sweaters (e.g. crewneck sweaters, turtleneck sweaters, cardigans)
- Longsleeves (e.g. long-sleeve t-shirts, henley shirts)
Out-of-scope
- T-shirts
- Shirts
- Blouses
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- 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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