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 Egypt e-commerce market forecast, growth, 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.
The Egypt e-commerce market is expanding rapidly, owing to several interconnected factors. Primarily, the market is driven by rising smartphone usage, internet penetration, and a young and tech-savvy population. Besides this, the push of the government bodies for digital transformation and programs like "Digital Egypt" are improving the infrastructure for online enterprises as well as increasing the accessibility of e-commerce for both consumers and companies.
Key drivers propelling the Egypt e-commerce market include the expansion of online retail platforms, a rise in mobile payment solutions, and a shift in consumer behavior favoring the convenience of online shopping. In addition to these factors, the COVID-19 pandemic further accelerated this shift as consumers turned to online channels for essential goods, boosting the adoption of e-commerce across various sectors.
For an in-depth Analysis, You Can Refer Sample Copy of the Report: https://www.imarcgroup.com/egypt-e-commerce-market/requestsample
Egypt E-commerce Market Trends & Drivers:
Key trends shaping the Egypt e-commerce market include the rise of mobile commerce, the integration of digital payment solutions, and an increase in social commerce through platforms like Facebook and Instagram. Furthermore, mobile commerce is growing as Egyptians use their smartphones for online shopping, leading e-commerce companies to prioritize mobile-friendly platforms and applications.
In line with these factors, digital payment adoption is also on the rise, with services like e-wallets and online banking becoming common, supporting a shift away from cash on delivery. Moreover, logistics and delivery services are evolving as companies invest in faster, highly efficient supply chains to meet rising customer expectations. These developments are positioning the market for e-commerce, with significant growth potential. Consequently, the convergence of these factors is expected to propel the expansion of the Egypt e-commerce market in the coming years.
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.
Speak to an Analyst or Any Inquire Before Buying the Report: https://www.imarcgroup.com/request?type=report&id=23808&flag=C
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.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
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.
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800 | Americas: +1 631 791 1145
Comments