Fashion market in Turkmenistan

The Turkmen Fashion eCommerce market is predicted to reach US$60.4 million by 2024 and accounts for 18.4% of the total eCommerce market in Turkmenistan. 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 7.0%, resulting in a projected market volume of US$79.2 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 T-Shirts, Shirts & Blouses market in Turkmenistan

The Turkmen T-Shirts, Shirts & Blouses eCommerce market is predicted to reach US$5.7 million by 2024 and accounts for 16.6% of the Apparel eCommerce market in Turkmenistan. 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$6.8 million by 2028. The T-Shirts, Shirts & Blouses 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, Sweaters, Underwear & Nightwear, and Workwear.

eCommerce revenue development in the T-Shirts, Shirts & Blouses market in Turkmenistan

in million US$

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

eCommerce revenue growth in the T-Shirts, Shirts & Blouses market in Turkmenistan

in %

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

Net eCommerce revenue split by sub-category

in %

Note: Data shown is using current exchange rates.

Source: ECDB analysis

20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)49.373.642.422.652.663.567.67.5

Market definition

Definition of the T-Shirts, Shirts & Blouses market within the Fashion market

Market definition: Fashion > Apparel > T-Shirts, Shirts & Blouses The category T-Shirts, Shirts & Blouses includes the online trade of t-shirts (e.g. crewneck t-shirts, v-neck t-shirts, graphic t-shirts), shirts (e.g. polo shirts, button-up shirts, flannel shirts) and blouses. This category does not cover sweaters, hoodies or cardigans. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • T-shirts (e.g. crewneck t-shirts, v-neck t-shirts, graphic t-shirts)
  • Shirts (e.g. polo shirts, button-up shirts, flannel shirts)
  • Blouses

Out-of-scope

  • Sweaters
  • Hoodies
  • Cardigans

Market comparison

The Turkmen T-Shirts, Shirts & Blouses market in a global comparison

Market comparison by growth, online share, and revenue in 2023

in %

Source: ECDB analysis

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