E-commerce in UAE is quick catching up with world powerhouses like US and China


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DUBLIN, twenty second September, 2022 (Globe Newswire) — “UAE B2C Ecommerce Market Alternatives Databook – 100+ KPIs on Ecommerce Verticals (Buying, Journey, Meals Service, Media & Leisure, Expertise), Market Share by Key Gamers, Gross sales Channel Analytics, Fee Devices, Shopper Demographics – Q2 2022 Replace” report added ResearchAndMarkets.com’s Presentation.

In keeping with the Q2 2022 B2C Ecommerce Survey, the market in UAE is predicted to develop by 25.52% on a yearly foundation to achieve US$28.2 billion in 2022.

The medium to long run progress story of the B2C ecommerce trade in UAE guarantees to be fascinating. B2C ecommerce is predicted to develop steadily over the forecast interval, registering a CAGR of 16.16% throughout 2022-2026. The nation’s B2C ecommerce gross merchandise worth will improve from US$22.5 billion in 2021 to US$51.4 billion by 2026.

E-commerce within the UAE is quickly catching up with world powerhouses akin to america and China, with many shops ramping up their on-line companies forward of the outbreak of the worldwide pandemic in 2021.

The rising web penetration charge is basically driving the enlargement of the e-commerce trade within the UAE. This, coupled with rising earnings, excessive wealth of smartphone gadgets, rising presence of world gamers and superior provide chain options, have supported the expansion of the market over the previous two years. Whereas the nation has been a cash-strapped society up to now, the outbreak of the worldwide pandemic has compelled customers to shortly undertake digital fee strategies.

Rising confidence in digital fee companies has supported the rise of cross-border e-commerce within the nation. Specifically, customers favor a variety of merchandise at reasonably priced costs from cross-border e-commerce suppliers. A few of the main nations from the place customers store within the United Arab Emirates embrace america, China, and India. The rising pattern of cross-border e-commerce is predicted to additional assist the expansion of the general B2C e-commerce trade within the nation within the subsequent three to 4 years.

With the present tempo of improvement within the UAE e-commerce trade, the nation has turn into an lively area to draw native and worldwide investments within the e-commerce market. Within the subsequent three to 4 years, client spending on e-commerce platforms can be anticipated to extend considerably amid rising buyer confidence and comfort within the nation. Total, the writer maintains a powerful progress outlook for the B2C e-commerce trade within the UAE from a brief to medium time period perspective.

E-commerce startups are elevating funding rounds to additional gasoline their progress within the sector

Within the UAE, customers are more and more searching for luxurious and high-end merchandise. Because of this, they usually flip to cross-border e-commerce platforms to seek out their merchandise. Amid the rising pattern of on-line searching for luxurious merchandise within the UAE, startups are elevating funding rounds to additional gasoline their progress and compete for market share within the nation. For instance,

  • In December 2021, e-commerce startup and luxurious model platform The Checklist introduced that the agency had raised US$3.5 million in its seed funding spherical. Particularly, the agency works with world retailers and resellers to supply customers with a market for luxurious and hard-to-find merchandise.

  • In June 2021, Emirates-owned e-commerce platform Boksh additionally introduced that the agency had raised US$1 million in its early-stage funding. The e-commerce agency presents over 15,000 merchandise from over 800 designers to customers. Like The Checklist, the agency additionally plans to make use of the funding spherical to increase its presence within the Gulf and the broader Center East area.

  • In October 2021, Midday introduced that the agency needed to boost as much as US$2 billion in new investments over the subsequent three to 4 years. That is a part of its technique to improve fundraising infrastructure, speed up deliveries and develop its buyer base within the Gulf e-commerce market. The agency is working within the United Arab Emirates, Saudi Arabia and Egypt.

Meals supply platforms coming into into strategic partnership to spice up their transaction worth in UAE

Amidst this rising pattern of on-line meals ordering, meals supply platforms are coming into into strategic partnerships to spice up their transaction worth within the nation. For instance,

  • In June 2022, Deliveroo, one of many nation’s prime on-demand meals supply companies, revealed that the 2 firms had partnered strategically within the United Arab Emirates. As a part of the strategic partnership, Amazon Prime members within the nation will get 12 months of entry to the Deliveroo Plus Silver membership, permitting them limitless free supply for orders over AED 80. The collaboration is a part of a method to spice up transaction worth throughout the nation’s platform. ,

On-line grocers and meals supply startups are elevating funding rounds to additional increase their presence within the nation

Amid a rising market and demand for on-line meals supply amongst customers within the Center East area, UAE-based on-line grocers and meals supply startups are elevating funding rounds to additional increase their presence. For instance,

  • In November 2021, UAE-based on-line grocery startup, YallaMarket, introduced that the agency had raised US$2.3 million from native buyers together with Wamda Group and Dubai Angel buyers. Notably, the startup, which began operations in Dubai in 2020, claims to ship groceries in lower than quarter-hour.

  • Equally, in April 2022, Wonderful Diner, a Dubai-based meals supply agency, introduced that the agency had secured a seed funding spherical of US$150,000. Wonderful Diner additionally plans to make use of the funding spherical to additional increase its presence within the UAE and different nations within the GCC area.

On-demand video service suppliers are betting huge on sports activities content material to extend their month-to-month subscribers

Amidst the rising competitors within the on-demand video streaming companies trade, firms are adopting a unique technique to extend their month-to-month subscriber depend and progress within the nation. For instance,

  • Starzplay, one of many main subscription video-on-demand companies within the MENA area, introduced that the agency has skilled a five-fold improve in its month-to-month subscribers, pushed by its sports activities content material technique. Notably, common income per consumer elevated by 30% as subscriptions to extra sports activities packages elevated in 2021. The agency introduced that sports activities leagues created an inflow of natural demand final 12 months, which led to a 41% drop in the price of acquiring membership. ,

This report offers an in depth data-centric evaluation of the dynamics of the B2C ecommerce market in UAE, protecting over 100 KPIs. It particulars market alternatives in key B2C verticals – retail buying, journey and hospitality, on-line meals service, media and leisure, healthcare and wellness, and expertise services. It’s supplied market share by main gamers throughout main verticals together with gross sales channels (Platform to Shopper, Direct to Shopper, Shopper to Shopper). As well as, it offers a snapshot of client conduct within the UAE in addition to spending patterns by fee devices.

The report additionally covers area of interest developments akin to market dimension by dwell streaming engagement fashions and cross-border shopping for. It additionally contains ecommerce spend share by working system, gadget (cellular versus desktop), and cities.

Moreover, for detailed data-centric evaluation, this report offers analyst commentary on key developments, drivers, methods and improvements within the B2C ecommerce trade in UAE.

point out of firms

  • heroine

  • Dubizzle

  • Namshio

  • afternoon

  • Sharaf DG

  • kareem

  • carrefour

  • deliveru

  • talabato

  • zomato

  • Al Rostamani Travels

  • kareem

  • Dubai Taxi

  • Infinity Journey

  • Uber

scope

This report offers an in depth data-driven have a look at the UAE B2C ecommerce trade, protecting numerous sectors and highlighting areas of curiosity throughout all verticals within the trade. As well as, it offers a complete understanding of market dynamics and forecasts for the long run.

UAE B2C Ecommerce Market Dimension and Future Progress Dynamics

  • Gross Merchandise Worth Development Evaluation

  • Common value per transaction pattern evaluation

  • Gross Merchandise Quantity Development Evaluation

United Arab Emirates consumer statistics and ratios of key efficiency indicators

  • consumer statistics

  • Card Abandonment Fee and Product Return Fee

  • B2C Ecommerce Per Capita and GDP Per Capita

  • GDP per capita pattern evaluation

UAE B2C Ecommerce Market Share by Main Gamers

  • UAE Retail Buying Ecommerce Market Share by Main Gamers (Amazon, Dazzle, Namshi, Midday, Sharaf DG)

  • UAE Journey Ecommerce Market Share by Main Gamers (Al Rostamani Travels, Careem, Dubai Taxi, Infinity Journey, Uber Taxi)

  • UAE Meals Providers Ecommerce Market Share by Main Gamers (Kareem, Carrefour, Deliveroo, Talabat, Zomato)

UAE B2C Ecommerce Market Dimension and Forecast by B2C Ecommerce Section (Gross Merchandise Worth Development Evaluation, 2017-2026)

  • Retail Buying (Clothes, Sneakers & Equipment, Well being, Magnificence & Private Care, Meals & Beverage, Home equipment & Electronics, Dwelling Enchancment, Books, Music & Movies, Toys & Hobbies, Autos)

  • Journey and Hospitality (breakdown by air journey, practice and bus, taxi service, resort and resort)

  • On-line meals service (analyzed by aggregators, straight to the buyer)

  • Media and leisure (breakdown by streaming companies, motion pictures and occasions, theme parks and gaming)

  • Well being Care & Wellness

  • Expertise Merchandise and Providers

  • different part

UAE B2C ecommerce market dimension and forecast by retail buying gross sales channel

  • platform for client

  • direct to client

  • client to client

UAE B2C Ecommerce Market Share by Journey & Hospitality Gross sales Channel

  • Market Share by Journey & Hospitality Gross sales Channel

  • Aggregator App – Gross Merchandise Worth Development Evaluation

  • Direct to Shopper – Gross Merchandise Worth Development Evaluation

UAE B2C ecommerce market dimension and forecast by on-line meals service gross sales channel

  • aggregator app

  • direct to client

UAE B2C Ecommerce Market Forecast by Dimension and Engagement Mannequin (Gross Merchandise Worth Development Evaluation, 2017-2026)

  • web site primarily based

  • dwell streaming

Forecast by Dimension and Location of the United Arab Emirates B2C Ecommerce Market (Gross Commodity Worth Development Evaluation, 2017-2026)

UAE B2C Ecommerce Market Dimension and Forecast by Gadget (Gross Merchandise Worth Development Evaluation, 2017-2026)

UAE B2C Ecommerce Market Forecast by Dimension and Working System

  • iOS/MacOS

  • Android

  • different working programs

United Arab Emirates B2C Ecommerce Market Dimension and Metropolis Sensible Forecast

UAE B2C Ecommerce Market Dimension and Forecast by Fee Instrument (Gross Merchandise Worth Development Evaluation, 2017-2026)

  • Credit score Card

  • Debit Card

  • Financial institution switch

  • pay as you go card

  • Digital and cellular pockets

  • money

  • different digital funds

UAE B2C Ecommerce Shopper Demographics

causes to purchase

  • In-depth understanding of B2C ecommerce market dynamics: Perceive market alternatives and key developments together with forecast (2017-2026). Perceive market dynamics by means of important KPIs, akin to gross buying and selling worth, quantity and common worth per transaction.

  • B2C Ecommerce Alternative Insights by Classes: Get market dynamics by gross sales channel to evaluate rising alternatives throughout completely different sectors.

  • Detailed evaluation of market share by main gamers in main B2C ecommerce verticals.

  • Perception into alternatives in key B2C verticals: retail buying, journey and hospitality, on-line meals service, media and leisure, healthcare and wellness, and expertise services.

  • Develop market particular methods: Establish progress segments and goal particular alternatives to design a B2C ecommerce technique; Assess market-specific key developments, drivers and dangers within the B2C ecommerce trade.

  • Achieve perception into client attitudes and conduct: Drawing from proprietary survey outcomes, this report identifies and explains key B2C ecommerce KPIs, together with spending by age, gender and earnings degree.

For extra details about this report, go to https://www.researchandmarkets.com/r/o9plwm

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