eCommerce market in Lebanon
Market development
eCommerce revenue development in Lebanon
Lebanon is one of the smaller markets for eCommerce with a predicted revenue of US$93.7 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of -0.8%, resulting in a projected market volume of US$90.8 million by 2028. With an expected decrease of -1.5% in 2024, the Lebanese eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Unlike in Lebanon, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Lebanese eCommerce market. Hobby & Leisure is the largest market and accounts for 26.0% of the Lebanese eCommerce revenue. It is followed by Electronics with 21.1%, Fashion with 16.8%, Furniture & Homeware with 11.8%, Care Products with 9.3%, DIY with 8.5%, and Grocery with the remaining 6.5%.
eCommerce revenue development in Lebanon
eCommerce revenue growth in Lebanon
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 77.4 | 87.3 | 82.5 | 76.1 | 16.5 | 73.5 | 31.6 | 88.0 |
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