eCommerce market in Malta
Market development
eCommerce revenue development in Malta
Malta is the 92nd largest market for eCommerce with a predicted revenue of US$431.1 million by 2024, placing it ahead of Qatar. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 11.3%, resulting in a projected market volume of US$661.9 million by 2028. With an expected increase of 14.1% in 2024, the Maltese eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Like in Malta, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Maltese eCommerce market. Hobby & Leisure is the largest market and accounts for 25.8% of the Maltese eCommerce revenue. It is followed by Electronics with 21.3%, Fashion with 17.7%, Furniture & Homeware with 11.6%, Care Products with 9.2%, DIY with 8.7%, and Grocery with the remaining 5.7%.
eCommerce revenue development in Malta
eCommerce revenue growth in Malta
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 47.3 | 41.3 | 29.0 | 10.0 | 81.4 | 12.7 | 12.3 | 1.7 |
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