Report Highlights
This report provides an in-depth analysis of the MENA E-commerce market, highlighting its current and future potential. It provides a detailed examination of market drivers, restraints, challenges, opportunities, and projections of CAGRs through 2029.
Report Includes
- An in-depth analysis of the current and future potential for e-commerce markets in the Middle East and Northern Africa (MENA) region
- Analyses of the MENA market trends, with revenue data for 2023, estimates for 2024, and projected CAGRs through 2029
- Estimate of the current market size and revenue prospects, accompanied by a market share analysis by e-commerce type, product type, and country
- Facts and figures pertaining to the current market dynamics, advances in technology, and regulations
- Insights into the ripple effects of the Ukraine-Russia war on e-commerce operations, including supply chain disruptions and regulatory hurdles
- Analysis of the industry structure, including key stakeholders’ market shares, product mapping, and recent key developments
Report Scope
This report explores the E-commerce markets in the Middle East and North Africa (MENA), using 2023 as a reference year and providing forecasts from 2024 through 2029, including compound annual growth rate (CAGR) projections. The market size is assessed from the perspective of E-commerce activity in the region. It examines factors influencing the industry, such as technological advances, economic conditions, and business considerations, and also offers market insights into the industry landscape. Additionally, the report analyzes key players in the E-commerce sector, categorizing them by type and product segment in the MENA region. It highlights growth drivers and assesses regional dynamics shaping the market.
This analysis excludes Turkey because its e-commerce market is more aligned with that of the European region. Turkey could distort the findings and fail to accurately represent the distinct opportunities and challenges faced by the rest of the MENA region. This exclusion allows for a more precise evaluation of MENA's emerging E-commerce sector, particularly for businesses looking to expand into less developed markets.
Report Synopsis
| Report Metrics | Details |
|---|---|
| Base year considered | 2023 |
| Forecast period considered | 2024-2029 |
| Base year market size | $41.6 billion |
| Market size forecast | $80.3 billion |
| Growth rate | CAGR of 11.7% for the forecast period of 2024-2029 |
| Units considered | $ Millions |
| Segments covered | E-commerce Type, Product Type, and Country |
| Regions covered | Middle East and North Africa |
| Countries covered | Saudi Arabia, UAE, Israel, Egypt, and GCC4 |
| Key Market Drivers |
|
Frequently Asked Questions (FAQs)
- Increasing Access to the Internet
- Rise in Investment in E-commerce
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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