eCommerce market in Malta
Malta is the 94th largest market for eCommerce with a predicted revenue of US$394.9 million by 2024, placing it ahead of Qatar. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 11.1%, resulting in a projected market volume of US$602.3 million by 2028. With an expected increase of 9.1% in 2024, the Maltese eCommerce market contributed to the worldwide growth rate of 7.4% 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 25.6% of the Maltese eCommerce revenue. It is followed by Electronics with 21.4%, Fashion with 17.8%, Furniture & Homeware with 11.6%, Care Products with 9.2%, DIY with 8.7%, and Grocery with the remaining 5.6%.
Market development
eCommerce revenue development in Malta
Malta is the 94th largest market for eCommerce with a predicted revenue of US$394.9 million by 2024, placing it ahead of Qatar. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 11.1%, resulting in a projected market volume of US$602.3 million by 2028. With an expected increase of 9.1% in 2024, the Maltese eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Malta, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Maltese eCommerce market. Hobby & Leisure is the largest market and accounts for 25.6% of the Maltese eCommerce revenue. It is followed by Electronics with 21.4%, Fashion with 17.8%, Furniture & Homeware with 11.6%, Care Products with 9.2%, DIY with 8.7%, and Grocery with the remaining 5.6%.
eCommerce revenue development in Malta
eCommerce revenue growth in Malta
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 86.7 | 86.1 | 31.0 | 49.2 | 63.1 | 2.1 | 67.0 | 82.1 |
Market comparison
The Maltese eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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