Care Products market in Cuba

The Cuban Care Products eCommerce market is predicted to reach US$47.3 million by 2024 and accounts for 8.7% of the total eCommerce market in Cuba. 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 6.7%, resulting in a projected market volume of US$61.3 million by 2028. Within the Care Products market ECDB considers the following three sub-markets: Personal Care, Health Care, and Household Care.

Market development

eCommerce revenue development in the Other Pharmaceuticals market in Cuba

The Cuban Other Pharmaceuticals eCommerce market is predicted to reach US$0.2 million by 2024 and accounts for 2.6% of the Pharmaceuticals eCommerce market in Cuba. 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 6.9%, resulting in a projected market volume of US$0.2 million by 2028. The Other Pharmaceuticals eCommerce market is a sub-market of the Pharmaceuticals market. Further categories within the Pharmaceuticals market are: OTC Drugs, and Prescription Drugs.

eCommerce revenue development in the Other Pharmaceuticals market in Cuba

in million US$

eCommerce revenue growth in the Other Pharmaceuticals market in Cuba

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)26.90.739.130.476.088.15.357.1

Online share

eCommerce online share of the total Other Pharmaceuticals market in Cuba

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Cuban Other Pharmaceuticals retail market, the online share is 4.8% and will increase by an average of 5.4% to 6.0% by 2028.

eCommerce online share of the total Other Pharmaceuticals market in Cuba

in %
20202021202220232024202520262027
Online share (in %)4.4%52.6%9.4%9.7%89.1%82.3%92.0%94.7%

Market definition

Definition of the Other Pharmaceuticals market within the Care Products market

Market definition: Care Products > Health Care > Pharmaceuticals > Other Pharmaceuticals The category Other Pharmaceuticals includes the online trade of homeopathic remedies (e.g. arnica, nux vomica, chamomilla). This category does not cover perscription pharmaceuticals and otc pharmaceuticals. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Homeopathic remedies (e.g. arnica, nux vomica, chamomilla)

Out-of-scope

  • Perscription pharmaceuticals
  • OTC pharmaceuticals

Market comparison

The Cuban Other Pharmaceuticals market in a global comparison

Market comparison by growth, online share, and revenue in 2023

in %