Fashion market in Slovakia
The Slovakian Fashion eCommerce market is predicted to reach US$745.1 million by 2023 and accounts for 27.9% of the total eCommerce market in Slovakia. 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 12.7%, resulting in a projected market volume of US$1,202.5 million by 2027. Within the Fashion market ecommerceDB considers the following three sub-markets: Apparel, Footwear, and Bags & Accessories.
Market development
eCommerce revenue development in the Luxury Footwear market in Slovakia
The Slovakian Luxury Footwear eCommerce market is predicted to reach US$5.9 million by 2023 and accounts for 3.1% of the Footwear eCommerce market in Slovakia. 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 14.3%, resulting in a projected market volume of US$10.1 million by 2027. The Luxury Footwear eCommerce market is a sub-market of the Footwear market. Further categories within the Footwear market are: Leather Footwear, Other Footwear, Sneakers, and Textile & Other Footwear.
eCommerce revenue development in the Luxury Footwear market in Slovakia
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
| AOV (in US$) | 94.7 | 38.6 | 25.4 | 51.7 | 85.3 | 46.9 | 51.5 | 66.1 |
| CVR (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
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