Fashion market in Montenegro
The Montenegrin Fashion eCommerce market is predicted to reach US$17.6 million by 2024 and accounts for 17.1% of the total eCommerce market in Montenegro. 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 0.3%, resulting in a projected market volume of US$17.8 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 Dresses & Skirts market in Montenegro
The Montenegrin Dresses & Skirts eCommerce market is predicted to reach US$1.7 million by 2024 and accounts for 15.8% of the Apparel eCommerce market in Montenegro. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -4.4%, resulting in a projected market volume of US$1.4 million by 2028. The Dresses & Skirts eCommerce market is a sub-market of the Apparel market. Further categories within the Apparel market are: Jackets, Coats & Anoraks, Other Apparel, Pants, Socks, Suits & Trouser Suits, Sweaters, T-Shirts, Shirts & Blouses, Underwear & Nightwear, and Workwear.
eCommerce revenue development in the Dresses & Skirts market in Montenegro
eCommerce revenue growth in the Dresses & Skirts market in Montenegro
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 73.7 | 53.4 | 19.9 | 92.2 | 74.7 | 52.9 | 74.4 | 85.9 |
Market definition
Definition of the Dresses & Skirts market within the Fashion market
Market definition: Fashion > Apparel > Dresses & Skirts The category Dresses & Skirts includes the online trade of dresses (e.g. sundresses, cocktail dresses, evening gowns) and skirts (e.g. pencil skirts, mini skirts, a-line skirts). This category does not cover skorts and wedding dresses. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Dresses (e.g. sundresses, cocktail dresses, evening gowns)
- Skirts (e.g. pencil skirts, mini skirts, A-line skirts)
Out-of-scope
- Skorts
- Wedding dresses
Market comparison
The Montenegrin Dresses & Skirts market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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