Grocery market in Bangladesh
The Bangladeshi Grocery eCommerce market is predicted to reach US$741.3 million by 2024 and accounts for 9.4% of the total eCommerce market in Bangladesh. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 33.5%, resulting in a projected market volume of US$2,356.9 million by 2028. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.
Market development
eCommerce revenue development in the Beverages market in Bangladesh
The Bangladeshi Beverages eCommerce market is predicted to reach US$295.8 million by 2024 and accounts for 39.9% of the Grocery eCommerce market in Bangladesh. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 35.4%, resulting in a projected market volume of US$995.0 million by 2028. The Beverages eCommerce market is a sub-market of the Grocery market. Further categories within the Grocery market are: Food.
eCommerce revenue development in the Beverages market in Bangladesh
eCommerce revenue growth in the Beverages market in Bangladesh
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 25.3 | 35.8 | 6.0 | 87.9 | 75.3 | 81.8 | 30.7 | 90.1 | ||||
as of Grocery (in %) | 46.2 | 47.6 | 48.3 | 47.5 | 46.9 | 46.9 | 47.0 | 46.9 | 46.6 | 46.5 | 46.4 | 46.3 |
Market definition
Definition of the Beverages market within the Grocery market
Market definition: Grocery > Beverages The category Beverages covers the sale of alcoholic beverages (e.g. wines, liquors, beers) and non-alcoholic beverages (e.g. water, juices, coffee). This category does not cover restaurant or bar pick-up and nutritional drinks (e.g. meal replacement shakes, protein shakes). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Alcoholic beverages (e.g. wines, liquors, beers)
- Non-alcoholic beverages (e.g. water, juices, coffee)
Out-of-scope
- Restaurant or bar pick-up
- Nutritional drinks (e.g. meal replacement shakes, protein shakes)
Market comparison
The Bangladeshi Beverages market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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