Egypt E-commerce Market Trends, Growth, Share, Analysis, Size, Forecast 2024-2032
Last updated
Last updated
According to the latest report by IMARC Group, titled “Egypt E-commerce Market Report Type (Home Appliances, Apparel, Footwear and Accessories, Books, Cosmetics, Groceries, and Others), Transaction (Business-to-Consumer, Business-to-Business, Consumer-to-Consumer, and Others), and Region 2024-2032,” the report presents a thorough review featuring the , share, trends, and research of the industry.
The Egypt e-commerce market size reached USD 7.81 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 18.03 Billion by 2032, exhibiting a growth rate (CAGR) of 8.80% during 2024-2032.
A combination of factors, including the high use of internet services, an escalating population of tech-savvy consumers, as well as the rise of mobile shopping, are responsible for the growth of the Egypt e-commerce market. Additionally, the market is propelling as online shopping platforms are becoming highly popular for their convenience.
The COVID-19 pandemic further accelerated the shift to e-commerce, as restrictions on movement and concerns about physical shopping pushed more consumers to buy products online. Major sectors driving this growth include electronics, fashion, groceries, and home goods, with local and international e-commerce platforms expanding their reach in the Egyptian market.
Egypt E-commerce Market Trends & Drivers:
The growing use of digital payment solutions, supported by government efforts to promote financial inclusion and reduce cash dependency, is augmenting the Egypt e-commerce market. In addition to this, fintech companies are developing secure and user-friendly payment systems, enabling more consumers to engage in online transactions. Moreover, social media platforms including Facebook and Instagram are becoming vital tools for e-commerce, as businesses leverage these platforms to advertise and sell products directly to consumers.
The surge of small and medium-sized enterprises (SMEs) in the digital space is also contributing to the expansion of the market, as entrepreneurs capitalize on lower entry barriers to reach a broader audience. Continued improvements in logistics, delivery services, and digital infrastructure are anticipated to drive the Egypt e-commerce market in the coming years, transforming the retail landscape and providing more consumers with access to a wide array of goods and services online.
Egypt E-commerce Market Report Segmentation:
The report provides an analysis of the key trends in each segment of the market, along with forecasts at the country levels for 2024-2032. The market has categorized based on type and transaction.
Breakup by Type:
Home Appliances
Apparel, Footwear and Accessories
Books
Cosmetics
Groceries
Others
Breakup by Transaction:
Business-to-Consumer
Business-to-Business
Consumer-to-Consumer
Others
Breakup by Region:
Greater Cairo
Alexandria
Suez Canal
Delta
Others
Competitor Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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