e-Commerce Market Analysis

The eCommerce market in the Czech Republic

In The Czech Republic is the 43rd largest market for eCommerce with a revenue of US$3 billion in 2019, placing it ahead of Ireland and behind Vietnam.

With an increase of 7%, the Czech eCommerce market contributed to the worldwide growth rate of 13% in 2019. Revenues for eCommerce continue to increase. New markets are emerging, and existing markets also have the potential for further development. Global growth will continue over the next few years. This will be propelled by East and Southeast Asia, with their expanding middle class and lagging offline shopping infrastructure.

The eCommerce market includes online sales of physical goods to a private end user (B2C). Included in this definition are purchases via computer as well as mobile purchases via smartphones and tablets. Excluded from the definition of ecommerceDB are the following: digitally distributed services (e.g., travel tickets), online stores dedicated to digital media downloads or streams, online stores dedicated to B2B markets, and sales between private individuals (C2C) within the eCommerce market.

The eCommerce market in the Czech Republic

Top online stores

The biggest player in the Czech eCommerce Market is alza.cz. The store had a revenue of US$299 million in 2019. It is followed by mall.cz with US$135 million revenue and lidl-shop.cz with US$132 million revenue. Altogether, the top three stores account for 20% of online revenue in in the Czech Republic .

Store rankings are based on every store that generates revenue in in the Czech Republic . 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 the Czech Republic was considered.

One of the fastest-growing stores in the Czech market is funidelia.cz. The store achieved sales of about US$3.4 million in 2019. Its revenue growth amounted to 105% in the previous year.

Top online The eCommerce market stores in the Czech Republic by eCommerce net sales 2019 in million US$ The table shows the stores that generate the highest revenue in the Czech market. For this evaluation, only revenue created in in the Czech Republic was considered. Basis are all shops on eCommerceDB that operate in in the Czech Republic .

# Store
1. alza.cz US$796m
2. mall.cz US$135m
3. czc.cz US$104m
4. lidl-shop.cz US$98m
5. ikea.com US$69m
The eCommerce market in the Czech Republic

Market size and growth rate

Revenue in 2019
US$2,674m
REVENUE
CAGR 2019-2023
6%
CAGR

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.
Visit Statista.com

Market expansion in in the Czech Republic 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 6%. Compared to the year-over-year growth of 7%, this decrease suggests a moderately flooded market. Another indicator of market saturation is the online penetration of 76% in in the Czech Republic ; in other words, 76% of the Czech population have bought at least one product online in 2019.

Five categories are considered by ecommerceDB. Fashion is the largest segment in in the Czech Republic and accounts for 33% of the eCommerce revenue in in the Czech Republic . This is followed by Electronics & Media with 32%, Toys, Hobby & DIY with 13%, Furniture & Appliances with 12% and Food & Personal Care with the remaining 9%.

The eCommerce market in the Czech Republic

Explore the competitive landscape