Grocery market in Malaysia
The Malaysian Grocery eCommerce market is predicted to reach US$2,638.3 million by 2024 and accounts for 10.8% of the total eCommerce market in Malaysia. 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 23.3%, resulting in a projected market volume of US$6,091.4 million by 2028. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.
Monthly revenues
Monthly eCommerce revenues in the Malaysian Beverages market
The monthly eCommerce revenue of the Malaysian Beverages market was US$72 million in November 2024. This refers to a growth of -5.0% compared to October 2024. Within the last 12 months, the monthly revenue share was the highest in January 2024 with 10.3% of the total 2024 revenue of the Malaysian Beverages market and the lowest in September 2024 with 6.8% of the total 2024 revenue.
Revenue Last Month
US$71.5m
The eCommerce revenue fell by 5.0% from October 2024 to November 2024.
Monthly revenue shares in the last 12 months
0-2024 | 1-2024 | 2-2024 | 3-2024 | 4-2024 | 5-2024 | 6-2024 | 7-2024 | 8-2024 | 9-2024 | 10-2024 | 11-2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 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 %) | 20.5 | 3.9 | 7.2 | 30.5 | 4.6 | 93.9 | 72.9 | 22.2 | 86.5 | 3.1 | 15.1 | 54.3 |
Market development
eCommerce revenue development in the Beverages market in Malaysia
The Malaysian Beverages eCommerce market is predicted to reach US$1,023.5 million by 2024 and accounts for 38.8% of the Grocery eCommerce market in Malaysia. 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 24.0%, resulting in a projected market volume of US$2,421.1 million by 2028. The Beverages eCommerce market is a sub-market of the Grocery market. Further categories within the Grocery market are: Food.
eCommerce revenue development in the Beverages market in Malaysia
eCommerce revenue growth in the Beverages market in Malaysia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 97.4 | 62.5 | 88.6 | 87.0 | 10.3 | 62.1 | 97.7 | 66.5 |
Top stores
Top five Beverages online stores in Malaysia by net sales 2023
With sales in the Malaysian Beverages market, whisky.my generated a revenue of US$1.5 million in 2023, which means it is the leading online store in this market. The Beverages ranking of Malaysia 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 Beverages market in Malaysia 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
Market definition
Definition of the Beverages market within the Grocery market
Market definition: Grocery > Beverages The category Beverages covers the sale of alcoholic beverages (e.g. wines, liquors, beers) and non-alcoholic beverages (e.g. water, juices, coffee). This category does not cover restaurant or bar pick-up and nutritional drinks (e.g. meal replacement shakes, protein shakes). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Alcoholic beverages (e.g. wines, liquors, beers)
- Non-alcoholic beverages (e.g. water, juices, coffee)
Out-of-scope
- Restaurant or bar pick-up
- Nutritional drinks (e.g. meal replacement shakes, protein shakes)
Select sub-category