The biggest player in the Chilean eCommerce Market is falabella.com. The store had a revenue of US$0.4 billion in 2018. It is followed by paris.cl with US$0.2 billion revenue and ripley.cl with US$0.2 billion revenue. Altogether, the top three stores account for 20% of online revenue in Chile.
Store rankings are based on every store that generates revenue in Chile. 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 Chile was considered.
One of the fastest-growing stores in the Chilean market is funidelia.cl. The store achieved sales of about US$1.4 million in 2018. Its revenue growth amounted to 450% 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 Chile 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 18-22) for the next four years will be 17%. Compared to the year-over-year growth of 16%, this increase suggests that the market still has growth potential and is not yet saturated. Another indicator of market saturation is the online penetration of 71% in Chile; in other words, 71% of the Chilean population have bought at least one product online in 2018.
Five categories are considered by ecommerceDB. Electronics & Media is the largest segment in Chile and accounts for 33% of the eCommerce revenue in Chile. This is followed by Fashion with 25%, Toys, Hobby & DIY with 19%, Furniture & Appliances with 14% and Food & Personal Care with the remaining 8%.