The biggest player in the Peruvian eCommerce Market is falabella.com.pe. The store had a revenue of US$139 million in 2019. It is followed by ripley.com.pe with US$45 million revenue and sodimac.com.pe with US$22 million revenue. Altogether, the top three stores account for 10% of online revenue in Peru.
Store rankings are based on every store that generates revenue in Peru. 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 Peru was considered.
One of the fastest-growing stores in the Peruvian market is freshmart.pe. The store achieved sales of about US$0.2 million in 2019. Its revenue growth amounted to 120% 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 Peru 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 14%. Compared to the year-over-year growth of 19%, this decrease suggests a moderately flooded market. Another indicator of market saturation is the online penetration of 49% in Peru; in other words, 49% of the Peruvian population have bought at least one product online in 2019.
Five categories are considered by ecommerceDB. Electronics & Media is the largest segment in Peru and accounts for 32% of the eCommerce revenue in Peru. This is followed by Fashion with 26%, Furniture & Appliances with 22%, Toys, Hobby & DIY with 12% and Food & Personal Care with the remaining 9%.