Fashion market in Namibia
The Namibian Fashion eCommerce market is predicted to reach US$20.1 million by 2024 and accounts for 20.5% of the total eCommerce market in Namibia. 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 4.5%, resulting in a projected market volume of US$24.1 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 Footwear market in Namibia
The Namibian Footwear eCommerce market is predicted to reach US$5.0 million by 2024 and accounts for 24.8% of the Fashion eCommerce market in Namibia. 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 1.1%, resulting in a projected market volume of US$5.2 million by 2028. The Footwear eCommerce market is a sub-market of the Fashion market. Further categories within the Fashion market are: Apparel, and Bags & Accessories.
eCommerce revenue development in the Footwear market in Namibia
eCommerce revenue growth in the Footwear market in Namibia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
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Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 4.9 | 60.0 | 14.2 | 97.2 | 51.3 | 49.2 | 98.1 | 35.1 |
Market definition
Definition of the Footwear market within the Fashion market
Market definition: Fashion > Footwear The category Footwear comprises digital sales of sneakers, sports shoes, sandals, and more. This category does not cover sport-specific footware (e.g. soccer shoes, climbing shoes, bike shoes) and orthopedic footwear. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Sneakers
- Sports shoes
- Sandals
- Boots
- High heels
- Slippers
Out-of-scope
- Sport specific footware (e.g. soccer shoes, climbing shoes, bike shoes)
- Orthopedic footwear
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- Workwear *
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- Belts *
- Headwear *
- Scarves & Shawls *
- Sunglasses *
- Wallets & Purses *
- Other Accessories *
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- Other Jewelry & Watches *
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- Hip & Fanny Packs *
- Suitcases *
- Other Luggage & Bags *
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- Flat Shoes *
- Other Footwear *
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