Fashion market in Nicaragua
The Nicaraguan Fashion eCommerce market is predicted to reach US$84.8 million by 2023 and accounts for 13.3% of the total eCommerce market in Nicaragua. 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 10.7%, resulting in a projected market volume of US$127.4 million by 2027. Within the Fashion market ecommerceDB considers the following three sub-markets: Bags & Accessories, Apparel, and Footwear.
Market development
eCommerce revenue development in the Shirts (men) market in Nicaragua
The Nicaraguan Shirts (men) eCommerce market is predicted to reach US$2.1 million by 2023 and accounts for 21.9% of the Men's Apparel eCommerce market in Nicaragua. 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 7.8%, resulting in a projected market volume of US$2.8 million by 2027. The Shirts (men) eCommerce market is a sub-market of the Men's Apparel market. Further categories within the Men's Apparel market are: Blazers (men), Coats & Jackets (men), Jerseys, Sweatshirts & Pullovers (men), Night & Underwear (men), Socks (men), Suits (men), T-Shirts (men), and Trousers (men).
eCommerce revenue development in the Shirts (men) market in Nicaragua
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
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Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 22.1 | 94.8 | 31.6 | 55.0 | 82.7 | 65.1 | 35.9 | 50.4 |
AOV (in US$) | 30.0 | 27.5 | 99.1 | 9.5 | 9.0 | 31.8 | 72.3 | 56.1 |
CVR (in %) | 22.1 | 94.8 | 31.6 | 55.0 | 82.7 | 65.1 | 35.9 | 50.4 |
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- Blazers (children) *
- Coats & Jackets (children) *
- Dresses & Skirts (children) *
- Night & Underwear (children) *
- Shirts & Blouses (children) *
- Socks (children) *
- Sports & Swimwear (children) *
- Suits & Ensembles (children) *
- T-Shirts (children) *
- Tights & Leggings (children) *
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- Blazers (men) *
- Coats & Jackets (men) *
- Night & Underwear (men) *
- Socks (men) *
- Suits (men) *
- T-Shirts (men) *
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- Blazers (women) *
- Coats & Jackets (women) *
- Socks (women) *
- Suits & Ensembles (women) *
- Tights & Leggings (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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