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 growing utilization of internet services, high smartphone adoption, as well as a rising middle-class population, are the factors responsible for the growth of the Egypt e-commerce market. Additionally, the market is propelling as the convenience and variety offered by e-commerce platforms are becoming highly attractive. Initiatives taken by government authorities promoting digital transformation and the expansion of fintech solutions, such as mobile payments and digital wallets, have further accelerated the adoption of e-commerce in the country.
Moreover, the COVID-19 pandemic acted as a catalyst, significantly boosting online shopping across various sectors, including fashion, electronics, and groceries. This shift in consumer behavior is prompting traditional retailers to expand their online presence and integrate omnichannel strategies to remain competitive.
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:
The surge of local e-commerce platforms and startups that are catering to the specific needs of Egyptian consumers is augmenting the Egypt e-commerce market. These platforms are capitalizing on the inflating demand for localized services, such as faster delivery times and tailored payment solutions. Social media has also come out as a powerful tool for driving online sales, with platforms like Instagram and Facebook playing a pivotal role in influencing consumer choices.
Furthermore, logistics and last-mile delivery services are improving, addressing challenges related to infrastructure and expanding reach across the country. Apart from this, the increasing consumer confidence in online transactions and the growing focus on enhancing user experience are expected to drive the Egypt e-commerce market, becoming a crucial part of the retail landscape of the country 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.
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