I have made a stacked pleated kilt - it works well as you can get an ordinary box pleat at the hem which gradually becomes a stacked pleat of five layers at the waist.

I used a cotton fabric and normal box pleats looked too stingy. The supression required for the waist worked out to be just the right slant to convert between the types of pleat. The kilt is not sharply pleated so the hem does not flare, but it is quite three dimensional. It might not pack well, though being cotton it could just be rolled up and ironed before wearing.