eCommerce market in Malta
Malta is the 92nd largest market for eCommerce with a predicted revenue of US$411.0 million by 2024, placing it ahead of Estonia. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 11.3%, resulting in a projected market volume of US$630.7 million by 2028. With an expected increase of 14.1% in 2024, the Maltese eCommerce market contributed to the worldwide growth rate of 10.1% in 2024. Like in Malta, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Maltese eCommerce market. Hobby & Leisure is the largest market and accounts for 25.8% of the Maltese eCommerce revenue. It is followed by Electronics with 21.3%, Fashion with 17.7%, Furniture & Homeware with 11.6%, Care Products with 9.2%, DIY with 8.7%, and Grocery with the remaining 5.7%.
Market development
eCommerce revenue development in Malta
Malta is the 92nd largest market for eCommerce with a predicted revenue of US$411.0 million by 2024, placing it ahead of Estonia. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 11.3%, resulting in a projected market volume of US$630.7 million by 2028. With an expected increase of 14.1% in 2024, the Maltese eCommerce market contributed to the worldwide growth rate of 10.1% in 2024. Like in Malta, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Maltese eCommerce market. Hobby & Leisure is the largest market and accounts for 25.8% of the Maltese eCommerce revenue. It is followed by Electronics with 21.3%, Fashion with 17.7%, Furniture & Homeware with 11.6%, Care Products with 9.2%, DIY with 8.7%, and Grocery with the remaining 5.7%.
eCommerce revenue development in Malta
eCommerce revenue growth in Malta
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 23.9 | 83.1 | 2.3 | 10.1 | 99.3 | 96.2 | 50.9 | 81.1 |
Market comparison
The Maltese eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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