eCommerce market in Oman
Oman is the 89th largest market for eCommerce with a predicted revenue of US$459.5 million by 2024, placing it ahead of Cameroon. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 10.7%, resulting in a projected market volume of US$689.9 million by 2028. With an expected increase of 13.4% in 2024, the Omani eCommerce market contributed to the worldwide growth rate of 10.1% in 2024. Like in Oman, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Omani eCommerce market. Electronics is the largest market and accounts for 23.0% of the Omani eCommerce revenue. It is followed by Hobby & Leisure with 22.6%, Fashion with 18.1%, Furniture & Homeware with 11.8%, Care Products with 8.6%, Grocery with 8.2%, and DIY with the remaining 7.7%.
Market development
eCommerce revenue development in Oman
Oman is the 89th largest market for eCommerce with a predicted revenue of US$459.5 million by 2024, placing it ahead of Cameroon. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 10.7%, resulting in a projected market volume of US$689.9 million by 2028. With an expected increase of 13.4% in 2024, the Omani eCommerce market contributed to the worldwide growth rate of 10.1% in 2024. Like in Oman, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Omani eCommerce market. Electronics is the largest market and accounts for 23.0% of the Omani eCommerce revenue. It is followed by Hobby & Leisure with 22.6%, Fashion with 18.1%, Furniture & Homeware with 11.8%, Care Products with 8.6%, Grocery with 8.2%, and DIY with the remaining 7.7%.
eCommerce revenue development in Oman
eCommerce revenue growth in Oman
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 14.8 | 15.5 | 49.0 | 62.8 | 24.9 | 67.9 | 7.5 | 54.0 |
Market comparison
The Omani eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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