E-Commerce Market – UAE
Market Statistics
Base Year: 202
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 102 Billion
Market Size in 2032: USD 632 Billion
Market Growth Rate (CAGR) 2024-2032: 22.50%
According to IMARC Group’s report titled “UAE E-Commerce Market Report and Forecast 2024-2032,” the market reached USD 102 billion in 2023. Looking forward, IMARC Group expects the market to reach USD 632 billion by 2032, exhibiting a growth rate (CAGR) of 22.50% during 2024-2032. The market is expanding rapidly due to digital adoption, high internet usage, and rising consumer demand for online shopping.
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UAE E-Commerce Market Trends and Drivers:
- Digital Adoption and Internet Usage: Increased digital adoption and high internet usage are driving market expansion.
- Popularity of Online Shopping: A wide variety of products on e-commerce platforms has attracted more consumers.
- Government Initiatives: UAE Vision 2021 promotes digital transformation and smart services, fostering the e-commerce ecosystem.
- Logistics Improvements: Enhanced logistics infrastructure, including faster delivery services and secure payment gateways, boosts consumer confidence.
- Mobile Commerce Growth: The rise of m-commerce enables consumers to browse and purchase via smartphones, supported by mobile payment options.
- Omnichannel Retailing: Integration of online and physical shopping environments enhances overall customer satisfaction.
- Rise of Social Commerce: Social media platforms are emerging as popular channels for direct purchases.
- Sustainability Focus: Eco-conscious consumers are increasingly seeking environmentally friendly products and packaging.
- Cross-Border E-Commerce: UAE shoppers are buying from international brands, attracted by variety and competitive pricing.
- Future Growth Potential: These factors and trends are expected to continue propelling the UAE e-commerce market, ensuring sustained growth.
UAE E-Commerce Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest UAE e-commerce market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Types Insights:
- Home Appliances
- Apparels, Footwear and Accessories
- Books
- Cosmetics
- Groceries
- Others
Transaction Insights:
- Business to Business (B2B)
- Business to Consumer (B2C)
- Consumer to Consumer (C2C)
- Others
Regional Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
Request for customization: https://www.imarcgroup.com/request?type=report&id=23477&flag=C
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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 provide 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.
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