eCommerce market in Cameroon
Market development
eCommerce revenue development in Cameroon
Cameroon is the 90th largest market for eCommerce with a predicted revenue of US$446.6 million by 2024, placing it ahead of Estonia. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 15.9%, resulting in a projected market volume of US$806.7 million by 2028. With an expected increase of 21.0% in 2024, the Cameroonian eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Like in Cameroon, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Cameroonian eCommerce market. Hobby & Leisure is the largest market and accounts for 24.5% of the Cameroonian eCommerce revenue. It is followed by Electronics with 22.9%, Fashion with 18.7%, Furniture & Homeware with 11.6%, Care Products with 8.8%, DIY with 8.1%, and Grocery with the remaining 5.4%.
eCommerce revenue development in Cameroon
eCommerce revenue growth in Cameroon
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 37.3 | 70.3 | 35.0 | 62.5 | 3.6 | 93.5 | 66.5 | 5.2 |
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