Grocery market in Bangladesh

The Bangladeshi Grocery eCommerce market is predicted to reach US$1,028.9 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 34.5%, resulting in a projected market volume of US$3,371.0 million by 2028. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.

Market development

eCommerce revenue development in the Water market in Bangladesh

The Bangladeshi Water eCommerce market is predicted to reach US$101.5 million by 2024 and accounts for 46.6% of the Non-Alcoholic Beverages 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 40.2%, resulting in a projected market volume of US$391.7 million by 2028. The Water eCommerce market is a sub-market of the Non-Alcoholic Beverages market. Further categories within the Non-Alcoholic Beverages market are: Hot Drinks, Juices, and Other Non-Alcoholic Beverages.

eCommerce revenue development in the Water market in Bangladesh

in million US$

eCommerce revenue growth in the Water market in Bangladesh

in %

Net eCommerce revenue split by sub-category

in %
2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 76.5 50.3 71.2 93.9 63.6 17.5 78.5 87.3

Online share

eCommerce online share of the total Water market in Bangladesh

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Bangladeshi Water retail market, the online share is 1.6% and will increase by an average of 19.2% to 3.2% by 2028.

eCommerce online share of the total Water market in Bangladesh

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 26.2% 4.0% 42.5% 65.5% 43.2% 40.7% 12.0% 66.3%

Market definition

Definition of the Water market within the Grocery market

Market definition: Grocery > Beverages > Non-Alcoholic Beverages > Water The category Water includes the online trade of water (e.g. mineral water, sparkling water, still water), flavored water and enhanced water (e.g. with vitamins, electrolytes). This category does not cover distilled water and medical or sterile water. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Water (e.g. mineral water, sparkling water, still water)
  • Flavored water
  • Enhanced water (e.g. with vitamins, electrolytes)

Out-of-scope

  • Distilled water
  • Medical or sterile water