eCommerce: Top 5 Online Stores

Top 5 Online Stores in Iceland by Net Sales 2023

Which online store leads the Icelandic eCommerce market in net sales for 2023? Discover the top performer among elko.is, boozt.com, ikea.is, asos.com, and vinbudin.is.

Article by Stefanie Eden | June 10, 2024

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Top 5 Online Stores in Iceland by Net Sales 2023

in million US$

What are the leading eCommerce Stores in Iceland by Net Sales in 2023?

In 2023, the Icelandic eCommerce market displayed notable net sales figures among its top five online stores. Leading the pack, elko.is emerged as the top performer with net sales totaling US$29.9 million, showcasing its strong market presence and consumer appeal. Following closely behind, boozt.com secured the second position with net sales amounting to US$29.2 million, solidifying its position as a key player in the Icelandic eCommerce landscape. Claiming the third spot, ikea.is reported net sales of US$14.1 million, highlighting its competitive edge and popularity among online shoppers. Asos.com demonstrated a commendable performance by securing the fourth position with net sales of US$7.6 million, positioning itself as a reputable online retailer in Iceland. Rounding out the top five, vinbudin.is reported net sales of US$6.4 million, underscoring its significance in the Icelandic eCommerce market. The varying net sales figures among these top online stores reflect diverse market strategies, consumer preferences, and product offerings, contributing to a dynamic and competitive eCommerce environment in Iceland.

Main Facts: Top 5 Online Stores in Icelandic Market by Net Sales 2023

  • Elko.is leads the top 5 online stores in the Icelandic market by net sales in 2023 with US$29.9 million.
  • Boozt.com closely follows Elko.is with US$29.2 million in net sales.
  • Ikea.is, Asos.com, and Vinbudin.is fall behind with US$14.1 million, US$7.6 million, and US$6.4 million in net sales, respectively.

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