Fashion market in Georgia
The Georgian Fashion eCommerce market is predicted to reach US$22.5 million by 2024 and accounts for 17.7% of the total eCommerce market in Georgia. 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 10.7%, resulting in a projected market volume of US$33.7 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 Sandals market in Georgia
The Georgian Sandals eCommerce market is predicted to reach US$0.9 million by 2024 and accounts for 13.8% of the Footwear eCommerce market in Georgia. 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 10.5%, resulting in a projected market volume of US$1.3 million by 2028. The Sandals eCommerce market is a sub-market of the Footwear market. Further categories within the Footwear market are: Active Footwear, Boots, Flat Shoes, High Heels & Pumps, and Other Footwear.
eCommerce revenue development in the Sandals market in Georgia
eCommerce revenue growth in the Sandals market in Georgia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 66.6 | 48.0 | 90.7 | 84.3 | 65.1 | 19.6 | 94.9 | 84.0 |
Market definition
Definition of the Sandals market within the Fashion market
Market definition: Fashion > Footwear > Sandals The category Sandals includes the online trade of sandals (e.g. slide sandals, slingback sandals, t-strap sandals), flipflops and espadrilles. This category does not cover house slippers. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Sandals (e.g. slide sandals, slingback sandals, t-strap sandals)
- Flipflops
- Espadrilles
Out-of-scope
- House slippers
Market comparison
The Georgian Sandals market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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- Belts *
- Headwear *
- Scarves & Shawls *
- Wallets & Purses *
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- Other Jewelry & Watches *
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- Other Luggage & Bags *
- Other Footwear *
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