Electronics & Media market in Kuwait

The Kuwaiti Electronics & Media eCommerce market is predicted to reach US$328.1 million by 2023 and accounts for 19.6% of the total eCommerce market in Kuwait. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 6.0%, resulting in a projected market volume of US$414.9 million by 2027. Within the Electronics & Media market ecommerceDB considers the following two sub-markets: Consumer Electronics and Books, Movies, Music & Games.

Market development

eCommerce revenue development in the Computing market in Kuwait

The Kuwaiti Computing eCommerce market is predicted to reach US$47.2 million by 2023 and accounts for 15.9% of the Consumer Electronics eCommerce market in Kuwait. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 4.6%, resulting in a projected market volume of US$56.5 million by 2027. The Computing eCommerce market is a sub-market of the Consumer Electronics market. Further categories within the Consumer Electronics market are: Other Consumer Electronics, TV Peripheral Devices, TV, Radio & Multimedia, and Telephony.

eCommerce revenue development in the Computing market in Kuwait

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 73.9 85.6 45.8 97.0 80.8 9.7 81.5 95.2
AOV (in US$) 80.1 94.8 23.7 62.9 17.2 61.6 21.6 62.7
CVR (in %) 73.9 85.6 45.8 97.0 80.8 9.7 81.5 95.2
AOV: Average Order Value CVR: Conversion Rate