Care Products market in Bulgaria
The Bulgarian Care Products eCommerce market is predicted to reach US$119.5 million by 2024 and accounts for 9.6% of the total eCommerce market in Bulgaria. 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 14.2%, resulting in a projected market volume of US$203.1 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 Bulgarian Care Products market
The monthly eCommerce revenue of the Bulgarian Care Products market was US$12 million in October 2024. This refers to a growth of 16.3% compared to September 2024. Within the last 12 months, the monthly revenue share was the highest in November 2023 with 11.8% of the total 2023 revenue of the Bulgarian Care Products market and the lowest in July 2024 with 6.2% of the total 2024 revenue.
Revenue Last Month
US$11.6m
The eCommerce revenue grew by 16.3% from September 2024 to October 2024.
Monthly revenue shares in the last 12 months
0-2024 | 1-2024 | 2-2024 | 3-2024 | 4-2024 | 5-2024 | 6-2024 | 7-2024 | 8-2024 | 9-2024 | 10-2024 | 11-2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Monthly revenue share (in %) | 55.3 | 71.9 | 99.1 | 9.0 | 52.7 | 23.0 | 0.2 | 58.7 | 54.8 | 55.3 | 91.4 | 38.1 |
Market development
eCommerce revenue development in the Care Products market in Bulgaria
The Bulgarian Care Products eCommerce market is predicted to reach US$119.5 million by 2024 and accounts for 9.6% of the total eCommerce market in Bulgaria. 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 14.2%, resulting in a projected market volume of US$203.1 million by 2028. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.
eCommerce revenue development in the Care Products market in Bulgaria
eCommerce revenue growth in the Care Products market in Bulgaria
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 47.2 | 15.6 | 54.1 | 47.0 | 79.1 | 13.4 | 87.1 | 63.4 |
Top stores
Top five Care Products online stores in Bulgaria by net sales 2023
With sales in the Bulgarian Care Products market, sopharmacy.bg generated a revenue of US$24.2 million in 2023, which means it is the leading online store in this market. The Care Products ranking of Bulgaria 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 Bulgaria in 2023
Filtered revenue / share eCommerce net sales refer to the year 2023 | Global revenue eCommerce net sales refer to the year 2023 | Growth eCommerce net sales growth refers to 2023/2022 | |
---|---|---|---|
US$900.0m 20.7% | US$8,300.0m | 8.3% | |
US$550.0m 12.0% | US$4,600.0m | 12.4% | |
US$470.0m 3.9% | US$1,190.0m | 33.6% | |
US$430.0m 20.6% | US$2,122.0m | 18.0% | |
US$370.0m 20.7% | US$1,814.0m | 12.6% |
See further stores
Shop Software Solutions
Top 5 used shop software solutions in the Bulgarian Care Products market
In the Bulgarian 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 Magento, OpenCart, and WooCommerce, have been able to secure a market share exceeding 14.1%, suggesting a diversified market with numerous players holding smaller stakes.
Top 5 used shop software solutions in the Bulgarian Care Products market
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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)
Select sub-category
- Other Pharmaceuticals *
* Not available for the selected country