eCommerce market in Iran
Iran is the 25th largest market for eCommerce with a predicted revenue of US$16,485.1 million by 2024, placing it ahead of Sweden. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 14.3%, resulting in a projected market volume of US$28,134.7 million by 2028. With an expected increase of 21.0% in 2024, the Iranian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Iran, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Iranian eCommerce market. Electronics is the largest market and accounts for 23.6% of the Iranian eCommerce revenue. It is followed by Hobby & Leisure with 23.4%, Fashion with 18.6%, Furniture & Homeware with 12.3%, DIY with 8.4%, Care Products with 7.5%, and Grocery with the remaining 6.2%.
Market development
eCommerce revenue development in Iran
Iran is the 25th largest market for eCommerce with a predicted revenue of US$16,485.1 million by 2024, placing it ahead of Sweden. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 14.3%, resulting in a projected market volume of US$28,134.7 million by 2028. With an expected increase of 21.0% in 2024, the Iranian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Iran, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Iranian eCommerce market. Electronics is the largest market and accounts for 23.6% of the Iranian eCommerce revenue. It is followed by Hobby & Leisure with 23.4%, Fashion with 18.6%, Furniture & Homeware with 12.3%, DIY with 8.4%, Care Products with 7.5%, and Grocery with the remaining 6.2%.
eCommerce revenue development in Iran
eCommerce revenue growth in Iran
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 79.9 | 63.5 | 37.8 | 82.7 | 12.9 | 97.4 | 71.4 | 6.5 |
Market comparison
The Iranian eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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