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 High Heels & Pumps market in Turkmenistan

The Turkmen High Heels & Pumps eCommerce market is predicted to reach US$1.5 million by 2024 and accounts for 9.5% of the Footwear 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 3.8%, resulting in a projected market volume of US$1.8 million by 2028. The High Heels & Pumps eCommerce market is a sub-market of the Footwear market. Further categories within the Footwear market are: Active Footwear, Boots, Flat Shoes, Other Footwear, and Sandals.

eCommerce revenue development in the High Heels & Pumps 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 High Heels & Pumps 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 %)13.358.480.779.357.017.135.258.1

Market definition

Definition of the High Heels & Pumps market within the Fashion market

Market definition: Fashion > Footwear > High Heels & Pumps The category High Heels & Pumps includes the online trade of high heels (e.g. stilettos, platform heels, peep-toe heels), pumps and wedges. This category does not cover sandals with heels and boots with heels. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • High heels (e.g. stilettos, platform heels, peep-toe heels)
  • Pumps
  • Wedges

Out-of-scope

  • Sandals with heels
  • Boots with heels

Market comparison

The Turkmen High Heels & Pumps market in a global comparison

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

in %

Source: ECDB analysis

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