The biggest player in the Argentine eCommerce Market is falabella.com.ar. The store had a revenue of US$100 million in 2019. It is followed by fravega.com with US$92 million revenue and garbarino.com with US$84 million revenue. Altogether, the top three stores account for 10% of online revenue in in Argentinia.
Store rankings are based on every store that generates revenue in in Argentinia. These stores can either have a national focus and only sell in their main country or operate on a global scale. For this evaluation, only revenue created in in Argentinia was considered.
One of the fastest-growing stores in the Argentine market is gezatek.com.ar. The store achieved sales of about US$1.9 million in 2019. Its revenue growth amounted to 174% in the previous year.
Digital Market Outlook by Statista
The Digital Market Outlook presents up-to-date figures on markets of the digital economy. The comparable key figures are based on extensive analyses of relevant indicators from the areas of society, economy, and technology.
Market expansion in in Argentinia is expected to continue over the next few years, as indicated by the Statista Digital Market Outlook. It has been predicted that the compound annual growth rate (CAGR 19-23) for the next four years will be 10%. Compared to the year-over-year growth of 14%, this decrease suggests a moderately flooded market. Another indicator of market saturation is the online penetration of 65% in in Argentinia; in other words, 65% of the Argentine population have bought at least one product online in 2019.
Five categories are considered by ecommerceDB. Toys, Hobby & DIY is the largest segment in in Argentinia and accounts for 33% of the eCommerce revenue in in Argentinia. This is followed by Fashion with 28%, Electronics & Media with 18%, Furniture & Appliances with 13% and Food & Personal Care with the remaining 7%.