The biggest player in the Chilean eCommerce Market is falabella.com. The store had a revenue of US$550 million in 2019. It is followed by paris.cl with US$267 million revenue and ripley.cl with US$209 million 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$2.8 million in 2019. Its revenue growth amounted to 210% 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 19-23) for the next four years will be 15%. Compared to the year-over-year growth of 20%, this decrease suggests a moderately flooded market. Another indicator of market saturation is the online penetration of 75% in Chile; in other words, 75% of the Chilean population have bought at least one product online in 2019.
Five categories are considered by ecommerceDB. Electronics & Media is the largest segment in Chile and accounts for 32% of the eCommerce revenue in Chile. This is followed by Fashion with 25%, Toys, Hobby & DIY with 19%, Furniture & Appliances with 15% and Food & Personal Care with the remaining 8%.