Care Products market in Hungary

The Hungarian Care Products eCommerce market is predicted to reach US$397.9 million by 2024 and accounts for 9.5% of the total eCommerce market in Hungary. 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 8.8%, resulting in a projected market volume of US$556.7 million by 2028. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.

Monthly revenues

Monthly eCommerce revenues in the Hungarian Care Products market

The monthly eCommerce revenue of the Hungarian Care Products market was US$34 million in October 2024. This refers to a growth of 16.5% compared to September 2024. Within the last 12 months, the monthly revenue share was the highest in November 2023 with 11.3% of the total 2023 revenue of the Hungarian Care Products market and the lowest in August 2024 with 7.2% of the total 2024 revenue.

Revenue Last Month

US$34.2m

The eCommerce revenue grew by 16.5% from September 2024 to October 2024.

10-2024+16.5%

Monthly revenue shares in the last 12 months

in %
0-20241-20242-20243-20244-20245-20246-20247-20248-20249-202410-202411-2024
Revenue (in mUS$)0.00.00.00.00.00.00.00.00.00.00.00.0
Monthly revenue share (in %)68.249.895.461.336.768.24.477.910.532.546.179.2

Market development

eCommerce revenue development in the Care Products market in Hungary

The Hungarian Care Products eCommerce market is predicted to reach US$397.9 million by 2024 and accounts for 9.5% of the total eCommerce market in Hungary. 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 8.8%, resulting in a projected market volume of US$556.7 million by 2028. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.

eCommerce revenue development in the Care Products market in Hungary

in million US$

eCommerce revenue growth in the Care Products market in Hungary

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)96.179.018.784.489.260.841.811.5

Online share

eCommerce online share of the total Care Products market in Hungary

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 Hungarian Care Products retail market, the online share is 34.3% and will increase by an average of 14.2% to 58.4% by 2028.

eCommerce online share of the total Care Products market in Hungary

in %
20202021202220232024202520262027
Online share (in %)67.6%54.5%0.9%3.1%79.9%83.3%12.4%53.5%

Top stores

Top five Care Products online stores in Hungary by net sales 2023

With sales in the Hungarian Care Products market, kifli.hu generated a revenue of US$50.8 million in 2023, which means it is the leading online store in this market. The Care Products ranking of Hungary is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.

eCommerce net sales generated in the Care Products market in Hungary in 2023

in million US$
Filtered revenue / share
Global revenue
Growth
US$900.0m
20.7%
US$8,300.0m8.3%
US$550.0m
12.0%
US$4,600.0m12.4%
US$470.0m
3.9%
US$1,190.0m33.6%
US$430.0m
20.6%
US$2,122.0m18.0%
US$370.0m
20.7%
US$1,814.0m12.6%

Shop Software Solutions

Top 5 used shop software solutions in the Hungarian Care Products market

In the Hungarian Care Products eCommerce market, there is intense competition among various shop software solutions, leading to a highly fragmented landscape in 2023. None of the major shop software solution, including Unas, Magento, and ShopRenter, have been able to secure a market share exceeding 12.3%, suggesting a diversified market with numerous players holding smaller stakes.

Top 5 used shop software solutions in the Hungarian Care Products market

in %

Market definition

Definition of the Care Products market

Market definition: Care Products In the category Care Products digital channels are used to sell a variety of products, including personal care products (e.g. shampoos, shower gels, make-up, feminine hygiene, fragrances), household care products (e.g. detergents, brooms, cleaning cloths, sponges) and health care products (e.g. supplements, nutrition, pharmaceuticals). This category does not cover professional products and services for personal care (e.g. beauty treatments, make-up courses), cleaning services (e.g. housekeeping services, window cleaning services) or medical treatments (e.g. nutrition counseling, medical consultations, health assessments). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Personal care products (e.g. shampoos, shower gels, make-up, feminine hygiene, fragrances)
  • Household care products (e.g. detergents, brooms, cleaning cloths, sponges)
  • Health care products (e.g. supplements, nutrition, pharmaceuticals)

Out-of-scope

  • Professional products and services for personal care (e.g. beauty treatments, make-up courses)
  • Cleaning services (e.g. housekeeping services, window cleaning services)
  • Medical treatments (e.g. nutrition counseling, medical consultations, health assessments)