eCommerce market in Ivory Coast
Ivory Coast is the 87th largest market for eCommerce with a predicted revenue of US$533.6 million by 2024, placing it ahead of Tanzania. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 4.3%, resulting in a projected market volume of US$630.4 million by 2028. With an expected increase of 5.7% in 2024, the Ivorian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Ivory Coast, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Ivorian eCommerce market. Electronics is the largest market and accounts for 23.7% of the Ivorian eCommerce revenue. It is followed by Hobby & Leisure with 22.6%, Fashion with 19.9%, Furniture & Homeware with 11.4%, Care Products with 8.6%, DIY with 8.1%, and Grocery with the remaining 5.5%.
Market development
eCommerce revenue development in Ivory Coast
Ivory Coast is the 87th largest market for eCommerce with a predicted revenue of US$533.6 million by 2024, placing it ahead of Tanzania. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 4.3%, resulting in a projected market volume of US$630.4 million by 2028. With an expected increase of 5.7% in 2024, the Ivorian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Ivory Coast, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Ivorian eCommerce market. Electronics is the largest market and accounts for 23.7% of the Ivorian eCommerce revenue. It is followed by Hobby & Leisure with 22.6%, Fashion with 19.9%, Furniture & Homeware with 11.4%, Care Products with 8.6%, DIY with 8.1%, and Grocery with the remaining 5.5%.
eCommerce revenue development in Ivory Coast
eCommerce revenue growth in Ivory Coast
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 64.0 | 96.9 | 2.7 | 7.4 | 81.6 | 32.9 | 2.6 | 72.2 |
Market comparison
The Ivorian eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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