According to the findings of a new report released by Hamburg-based E-Commerce research specialist yStats.com, online retail sales in the Middle East and North Africa are projected to double by 2022. The publication “MENA B2C E-Commerce Market 2019” covers the leading online retail markets in the region, summarizes the key trends and sheds light on consumers’ preferences.
By 2022, B2C E-Commerce sales in the Middle East and North Africa (MENA) are projected to increase two-fold compared to 2019, according to forecasts cited by yStats.com. The two largest markets are Saudi Arabia and the UAE, while Egypt is leading in terms of the growth rate. Mobile shopping is one of the major drivers for online retail sales development in MENA, with more than one in two online consumers shopping with their mobile phones.
Electronics and fashion are the top products in MENA’s B2C E-Commerce
The immense growth potential draws the attention of regional and international E-Commerce retailers to the Middle East and North Africa. Consumers also increasingly show interest in cross-border online shopping from global E-Commerce platforms such as AliExpress and Amazon. The leading product categories bought by MENA’s digital buyers are electronics, fashion and health and beauty items.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/06/2019.06.24_Product-Brochure-Order-Form_MENA-B2C-E-Commerce-Market-2019.pdf
More insights: https://www.ystats.com/video-middle-east-b2c-e-commerce-market-2019/
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Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.