The biggest player in the Slovakian eCommerce Market is alza.sk. The store had a revenue of US$346 million in 2019. It is followed by mall.sk with US$60 million revenue and itesco.sk with US$36 million revenue. Altogether, the top three stores account for 50% of online revenue in in Slovakia.
Store rankings are based on every store that generates revenue in in Slovakia. 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 Slovakia was considered.
One of the fastest-growing stores in the Slovakian market is izlato.sk. The store achieved sales of about US$5.8 million in 2019. Its revenue growth amounted to 123% 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 Slovakia 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 17%, this decrease suggests a moderately flooded market. Another indicator of market saturation is the online penetration of 46% in in Slovakia; in other words, 46% of the Slovakian population have bought at least one product online in 2019.
Five categories are considered by ecommerceDB. Fashion is the largest segment in in Slovakia and accounts for 37% of the eCommerce revenue in in Slovakia. This is followed by Electronics & Media with 28%, Toys, Hobby & DIY with 17%, Furniture & Appliances with 10% and Food & Personal Care with the remaining 9%.