eCommerce market in Lebanon
Lebanon is one of the smaller markets for eCommerce with a predicted revenue of US$56.4 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 3.0%, resulting in a projected market volume of US$63.5 million by 2028. With an expected increase of 3.4% in 2024, the Lebanese eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like 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 25.5% of the Lebanese eCommerce revenue. It is followed by Electronics with 21.3%, Fashion with 17.0%, Furniture & Homeware with 11.9%, Care Products with 9.2%, DIY with 8.5%, and Grocery with the remaining 6.6%.
Market development
eCommerce revenue development in Lebanon
Lebanon is one of the smaller markets for eCommerce with a predicted revenue of US$56.4 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 3.0%, resulting in a projected market volume of US$63.5 million by 2028. With an expected increase of 3.4% in 2024, the Lebanese eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Lebanon, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Lebanese eCommerce market. Hobby & Leisure is the largest market and accounts for 25.5% of the Lebanese eCommerce revenue. It is followed by Electronics with 21.3%, Fashion with 17.0%, Furniture & Homeware with 11.9%, Care Products with 9.2%, DIY with 8.5%, and Grocery with the remaining 6.6%.
eCommerce revenue development in Lebanon
eCommerce revenue growth in Lebanon
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 82.3 | 69.4 | 27.9 | 79.6 | 51.6 | 80.7 | 84.4 | 92.7 |
Market comparison
The Lebanese eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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