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 Jewelry market in Slovakia

The Slovakian Luxury Jewelry eCommerce market is predicted to reach US$2.0 million by 2023 and accounts for 5.4% of the Watches & Jewelry 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 12.6%, resulting in a projected market volume of US$3.3 million by 2027. The Luxury Jewelry eCommerce market is a sub-market of the Watches & Jewelry market. Further categories within the Watches & Jewelry market are: Jewelry, Luxury Watches, and Watches.

eCommerce revenue development in the Luxury Jewelry market in Slovakia

in million US$, in %

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
AOV: Average Order Value CVR: Conversion Rate